Southwest Gas Holdings Inc (SWX) — Cash Flow Quality Index
Southwest Gas Holdings Inc (SWX) has a Cash Flow Quality Index of 1.17x as of March 2026. Operating cash flow of $162.13 Million exceeds net income of $138.37 Million, indicating high earnings quality where cash backs reported profits. Explore Southwest Gas Holdings Inc (SWX) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Southwest Gas Holdings Inc Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Southwest Gas Holdings Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Southwest Gas Holdings Inc to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Southwest Gas Holdings Inc (1994–2025)
Year-by-year earnings quality comparison for Southwest Gas Holdings Inc. For live market cap and the full company financial profile, see Southwest Gas Holdings Inc (SWX) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.32x | $556.08 Million | $239.48 Million | ▼ -64.9% |
| 2024 | 6.62x | $1.36 Billion | $204.84 Million | ▲ +96.1% |
| 2023 | 3.37x | $509.21 Million | $150.89 Million | ▲ +527.8% |
| 2021 | 0.54x | $111.38 Million | $207.20 Million | ▼ -79.5% |
| 2020 | 2.62x | $626.08 Million | $238.99 Million | ▲ +13.4% |
| 2019 | 2.31x | $500.37 Million | $216.65 Million | ▼ -20.7% |
| 2018 | 2.91x | $528.86 Million | $181.65 Million | ▲ +52.6% |
| 2017 | 1.91x | $369.95 Million | $193.94 Million | ▼ -51.2% |
| 2016 | 3.91x | $598.39 Million | $153.06 Million | ▼ -0.4% |
| 2015 | 3.92x | $547.15 Million | $139.43 Million | ▲ +59.9% |
| 2014 | 2.45x | $346.42 Million | $141.15 Million | ▲ +2.7% |
| 2013 | 2.39x | $346.21 Million | $144.87 Million | ▼ -18.0% |
| 2012 | 2.91x | $386.32 Million | $132.64 Million | ▲ +29.2% |
| 2011 | 2.26x | $252.04 Million | $111.76 Million | ▼ -37.1% |
| 2010 | 3.59x | $370.99 Million | $103.45 Million | ▼ -23.0% |
| 2009 | 4.66x | $405.80 Million | $87.12 Million | ▼ -5.2% |
| 2008 | 4.92x | $299.75 Million | $60.97 Million | ▲ +17.7% |
| 2007 | 4.18x | $347.81 Million | $83.25 Million | ▲ +24.5% |
| 2006 | 3.36x | $281.35 Million | $83.86 Million | ▼ -38.1% |
| 2005 | 5.42x | $237.62 Million | $43.82 Million | ▲ +103.2% |
| 2004 | 2.67x | $151.49 Million | $56.77 Million | ▼ -50.6% |
| 2003 | 5.40x | $207.78 Million | $38.50 Million | ▼ -20.5% |
| 2002 | 6.79x | $298.47 Million | $43.97 Million | ▲ +105.5% |
| 2001 | 3.30x | $122.75 Million | $37.16 Million | ▲ +1.0% |
| 2000 | 3.27x | $125.31 Million | $38.31 Million | ▼ -28.0% |
| 1999 | 4.54x | $178.60 Million | $39.30 Million | ▲ +6.1% |
| 1998 | 4.28x | $203.50 Million | $47.50 Million | ▲ +25.3% |
| 1997 | 3.42x | $56.40 Million | $16.50 Million | ▼ -56.8% |
| 1996 | 7.91x | $52.20 Million | $6.60 Million | ▲ +84.2% |
| 1994 | 4.29x | $112.90 Million | $26.30 Million | — |