Southwest Gas Holdings Inc (SWX) — Cash Flow Quality Index
Southwest Gas Holdings Inc (SWX) has a Cash Flow Quality Index of 3.47x as of June 2026. Operating cash flow of $146.09 Million exceeds net income of $42.12 Million, indicating high earnings quality where cash backs reported profits. Explore SWX operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Southwest Gas Holdings Inc cash conversion from operations.
Annual Cash Flow Quality Index for Southwest Gas Holdings Inc (1994–2025)
Year-by-year earnings quality comparison for Southwest Gas Holdings Inc.
| 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 | — |