Southwest Gas Holdings Inc (SWX) — Cash Flow Reinvestment Rate
Southwest Gas Holdings Inc (SWX) has a Cash Flow Reinvestment Rate of 2.19x as of June 2026, reinvesting $320.40 Million (capex $320.40 Million ) from operating cash flow of $146.09 Million. See cash generation quality of Southwest Gas Holdings Inc to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash flow conversion of Southwest Gas Holdings Inc.
Annual Cash Flow Reinvestment Rate for Southwest Gas Holdings Inc (1994–2025)
Year-by-year capital reinvestment analysis for Southwest Gas Holdings Inc. See Southwest Gas Holdings Inc (SWX) flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |