Company / FCF Margin
NiSource FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-6.4%
FY2025
5-year range
-15.8% / -4.3%
FY2021-FY2025
Trend
+59.1%
vs FY2024
Sector context
#27 of 51
Utilities
What the data says
At -6.4%, NiSource's fcf margin ranks #27 of 51 in the Utilities sector. FCF Margin has fluctuated over the past 10 years, ranging from -25.6% in FY2020 to -4.3% in FY2021.
Based on SEC 10-K filings.
-6.4% in FY2025 with a 5-year CAGR of +19.2%.
Improved from -13.1% to -6.4% over the past 2 years.
Utilities sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +8.2pp
- 5-Year Change
- +19.2pp
- 10-Year Change
- -
Sector benchmark
#27 of 51 in UtilitiesTop 53% of 51This company -6.4% Sector average -5.9%
▼
-9.8% below sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 59.1% year-over-year.
- Currently 0.6pp below the Utilities sector average.
- Peak fcf margin was recorded in FY2021.
- Lowest fcf margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -6.4% | +59.1% |
| FY2024 | -15.8% | -20.2% |
| FY2023 | -13.1% | +10.3% |
| FY2022 | -14.6% | -236.9% |
| FY2021 | -4.3% | +83.1% |
| FY2020 | -25.6% | -490.1% |
| FY2019 | -4.3% | +83.1% |
| FY2018 | -25.6% | -30.9% |
| FY2017 | -19.6% | -30.7% |
| FY2016 | -15.0% | -822.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026