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 operating cash flow efficiency to assess how effectively this company generates cash.
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 Southwest Gas Holdings Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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 stock valuation.
| 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 | — |