Southwest Gas Holdings Inc (SWX) — Cash Flow Reinvestment Rate
Southwest Gas Holdings Inc (SWX) has a Cash Flow Reinvestment Rate of 1.29x as of March 2026, reinvesting $208.72 Million (capex $208.72 Million ) from operating cash flow of $162.13 Million. Check Southwest Gas Holdings Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Southwest Gas Holdings Inc Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Southwest Gas Holdings Inc across 32 annual periods. Explore Southwest Gas Holdings Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Southwest Gas Holdings Inc (1994–2025)
Year-by-year capital reinvestment analysis for Southwest Gas Holdings Inc. For live market cap and broader valuation context, see market cap of Southwest Gas Holdings Inc.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.45x | $807.87 Million | $556.08 Million | $807.87 Million | ▲ +5.5% |
| 2024 | 1.38x | $1.87 Billion | $1.36 Billion | $945.92 Million | ▼ -29.5% |
| 2023 | 1.95x | $994.78 Million | $509.21 Million | $872.52 Million | ▼ -53.1% |
| 2022 | 4.17x | $1.70 Billion | $407.46 Million | $859.42 Million | ▼ -87.6% |
| 2021 | 33.68x | $3.75 Billion | $111.38 Million | $715.63 Million | ▲ +1195.9% |
| 2020 | 2.60x | $1.63 Billion | $626.08 Million | $825.11 Million | ▼ -31.2% |
| 2019 | 3.78x | $1.89 Billion | $500.37 Million | $938.15 Million | ▲ +13.1% |
| 2018 | 3.34x | $1.77 Billion | $528.86 Million | $765.91 Million | ▼ -6.8% |
| 2017 | 3.58x | $1.32 Billion | $369.95 Million | $623.65 Million | ▲ +103.0% |
| 2016 | 1.76x | $1.06 Billion | $598.39 Million | $529.53 Million | ▲ +90.9% |
| 2015 | 0.92x | $505.39 Million | $547.15 Million | $488.00 Million | ▼ -42.5% |
| 2014 | 1.61x | $556.82 Million | $346.42 Million | $396.90 Million | ▲ +52.8% |
| 2013 | 1.05x | $364.28 Million | $346.21 Million | $364.28 Million | ▲ +2.7% |
| 2012 | 1.02x | $395.71 Million | $386.32 Million | $395.71 Million | ▼ -32.2% |
| 2011 | 1.51x | $380.99 Million | $252.04 Million | $380.99 Million | ▲ +160.3% |
| 2010 | 0.58x | $215.44 Million | $370.99 Million | $215.44 Million | ▲ +8.6% |
| 2009 | 0.53x | $216.99 Million | $405.80 Million | $216.99 Million | ▼ -46.6% |
| 2008 | 1.00x | $300.22 Million | $299.75 Million | $300.22 Million | ▲ +2.2% |
| 2007 | 0.98x | $340.88 Million | $347.81 Million | $340.88 Million | ▼ -20.1% |
| 2006 | 1.23x | $345.32 Million | $281.35 Million | $345.32 Million | ▼ -0.9% |
| 2005 | 1.24x | $294.37 Million | $237.62 Million | $294.37 Million | ▼ -38.0% |
| 2004 | 2.00x | $302.69 Million | $151.49 Million | $302.69 Million | ▲ +72.5% |
| 2003 | 1.16x | $240.67 Million | $207.78 Million | $240.67 Million | ▲ +22.2% |
| 2002 | 0.95x | $282.85 Million | $298.47 Million | $282.85 Million | ▼ -56.2% |
| 2001 | 2.16x | $265.58 Million | $122.75 Million | $265.58 Million | ▲ +21.4% |
| 2000 | 1.78x | $223.24 Million | $125.31 Million | $223.24 Million | ▲ +38.6% |
| 1999 | 1.28x | $229.50 Million | $178.60 Million | $229.50 Million | ▲ +34.4% |
| 1998 | 0.96x | $194.60 Million | $203.50 Million | $194.60 Million | ▼ -68.2% |
| 1997 | 3.01x | $169.60 Million | $56.40 Million | $169.60 Million | ▼ -28.3% |
| 1996 | 4.19x | $218.80 Million | $52.20 Million | $218.80 Million | ▲ +146.7% |
| 1995 | 1.70x | $166.20 Million | $97.80 Million | $166.20 Million | ▲ +32.7% |
| 1994 | 1.28x | $144.60 Million | $112.90 Million | $144.60 Million | — |