Southwest Gas Holdings Inc (SWX) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.29x

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. Explore Southwest Gas Holdings Inc (SWX) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.29x
(Capex + Investments) / Operating CF

Total Reinvested

$208.72 Million
Capex + Investments

Operating Cash Flow

$162.13 Million
USD

Capital Expenditures

$208.72 Million
USD

Southwest Gas Holdings Inc Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Southwest Gas Holdings Inc across 32 annual periods. Also explore Southwest Gas Holdings Inc asset portfolio for the complete picture of this company's asset base.

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 Southwest Gas Holdings Inc (SWX) total market value.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow