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 operational self-sufficiency of Southwest Gas Holdings Inc to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
OceanaGold Corporation
TO:OGC
|
0.150x |
|
CPI Property Group S.A
F:O5G
|
0.001x |
|
Tencent Music Entertainment Group
F:63TA
|
0.029x |
|
Kesko Oyj
HE:KESKOB
|
0.103x |
|
Orica Limited
F:ICA
|
0.061x |
|
SIAM CEMENT UNSP.ADS/1
F:TCM
|
0.018x |
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
0.050x |
|
Paycom Software, Inc.
NYSE:PAYC
|
0.113x |
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 market cap and net worth.
| 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