Company / Free Cash Flow
NiSource Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$420.0M
FY2025
5-year range
-$832.5M / -$219.1M
FY2021-FY2025
Trend
+49.5%
vs FY2024
Sector context
#39 of 60
Utilities
What the data says
At -$420M, NiSource's free cash flow ranks #39 of 60 in the Utilities sector. Free Cash Flow has fluctuated over the past 10 years, ranging from -$1.3B in FY2020 to -$219M in FY2021.
Based on SEC 10-K filings.
-$420M in FY2025.
Improved from -$620M to -$420M over the past 2 years.
Utilities sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#39 of 60 in UtilitiesTop 65% of 60This company -$420.0M Sector average -$543.6M
▼
+22.7% above sector average
Key checks
Key Insights
- In FY2025, free cash flow increased 49.5% year-over-year.
- Ranks #39 out of 60 companies in the Utilities sector.
- Peak free cash flow was recorded in FY2021.
- Lowest free cash flow 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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$420.0M | +49.5% |
| FY2024 | -$832.5M | -34.3% |
| FY2023 | -$620.1M | +5.2% |
| FY2022 | -$654.1M | -198.5% |
| FY2021 | -$219.1M | +82.9% |
| FY2020 | -$1.3B | -483.3% |
| FY2019 | -$219.1M | +82.9% |
| FY2018 | -$1.3B | -34.0% |
| FY2017 | -$953.6M | -41.9% |
| FY2016 | -$671.9M | -799.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026