Southwest Gas Holdings Inc (SWX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Southwest Gas Holdings Inc (SWX) has a cash flow conversion efficiency ratio of 0.040x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($162.13 Million) by net assets ($4.10 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SWX equity financing ratio to measure how much of total assets are equity-financed.
Southwest Gas Holdings Inc - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how Southwest Gas Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SWX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Southwest Gas Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Southwest Gas Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Janus Henderson Group PLC
F:HDJA
|
0.053x |
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
-0.113x |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
-0.002x |
|
Turkiye Vakiflar Bankasi TAO
IS:VAKBN
|
-0.347x |
|
JAPAN AIRL.ADR 1/2 YN 50
F:JALA
|
N/A |
|
Korean Air Lines Co
KO:003490
|
0.118x |
|
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
|
-0.943x |
|
MSC Industrial Direct Company Inc
NYSE:MSM
|
0.068x |
Annual Cash Flow Conversion Efficiency for Southwest Gas Holdings Inc (1994–2025)
The table below shows the annual cash flow conversion efficiency of Southwest Gas Holdings Inc from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see Southwest Gas Holdings Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.96 Billion | $556.08 Million | 0.140x | -61.80% |
| 2024-12-31 | $3.69 Billion | $1.36 Billion | 0.368x | +146.45% |
| 2023-12-31 | $3.41 Billion | $509.21 Million | 0.149x | +17.78% |
| 2022-12-31 | $3.22 Billion | $407.46 Million | 0.127x | +258.14% |
| 2021-12-31 | $3.15 Billion | $111.38 Million | 0.035x | -83.96% |
| 2020-12-31 | $2.84 Billion | $626.08 Million | 0.220x | +14.10% |
| 2019-12-31 | $2.59 Billion | $500.37 Million | 0.193x | -14.77% |
| 2018-12-31 | $2.33 Billion | $528.86 Million | 0.227x | +11.03% |
| 2017-12-31 | $1.81 Billion | $369.95 Million | 0.204x | -42.56% |
| 2016-12-31 | $1.68 Billion | $598.39 Million | 0.355x | +4.47% |
| 2015-12-31 | $1.61 Billion | $547.15 Million | 0.340x | +47.91% |
| 2014-12-31 | $1.51 Billion | $346.42 Million | 0.230x | -6.18% |
| 2013-12-31 | $1.41 Billion | $346.21 Million | 0.245x | -16.98% |
| 2012-12-31 | $1.31 Billion | $386.32 Million | 0.295x | +43.50% |
| 2011-12-31 | $1.23 Billion | $252.04 Million | 0.206x | -35.28% |
| 2010-12-31 | $1.17 Billion | $370.99 Million | 0.318x | -13.66% |
| 2009-12-31 | $1.10 Billion | $405.80 Million | 0.368x | +27.49% |
| 2008-12-31 | $1.04 Billion | $299.75 Million | 0.289x | -18.32% |
| 2007-12-31 | $983.67 Million | $347.81 Million | 0.354x | +13.28% |
| 2006-12-31 | $901.42 Million | $281.35 Million | 0.312x | -1.34% |
| 2005-12-31 | $751.13 Million | $237.62 Million | 0.316x | +47.36% |
| 2004-12-31 | $705.68 Million | $151.49 Million | 0.215x | -34.86% |
| 2003-12-31 | $630.47 Million | $207.78 Million | 0.330x | -27.55% |
| 2002-12-31 | $656.17 Million | $298.47 Million | 0.455x | +130.19% |
| 2001-12-31 | $621.20 Million | $122.75 Million | 0.198x | -6.41% |
| 2000-12-31 | $593.47 Million | $125.31 Million | 0.211x | -33.16% |
| 1999-12-31 | $565.40 Million | $178.60 Million | 0.316x | -16.74% |
| 1998-12-31 | $536.40 Million | $203.50 Million | 0.379x | +200.01% |
| 1997-12-31 | $446.00 Million | $56.40 Million | 0.126x | +6.50% |
| 1996-12-31 | $439.60 Million | $52.20 Million | 0.119x | -49.48% |
| 1995-12-31 | $416.10 Million | $97.80 Million | 0.235x | -28.57% |
| 1994-12-31 | $343.10 Million | $112.90 Million | 0.329x | -- |
About Southwest Gas Holdings Inc
Southwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California in the United States. The company offers tariff sales and transportation services. It also operates a pipeline transmission system, including an LNG storage facility. As of Decem… Read more