Southwest Gas Holdings Inc (SWX) — Financial Flexibility Index
Southwest Gas Holdings Inc (SWX) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of $370.86 Million (operating CF $162.13 Million minus capex $208.72 Million) represents 0% of total liabilities ($6.30 Billion). Check Southwest Gas Holdings Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Southwest Gas Holdings Inc Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Southwest Gas Holdings Inc across 32 annual periods. See Southwest Gas Holdings Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Southwest Gas Holdings Inc (1994–2025)
Year-by-year free cash flow to debt coverage for Southwest Gas Holdings Inc. For the full company profile including market capitalisation, see Southwest Gas Holdings Inc (SWX) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $1.36 Billion | $556.08 Million | $6.47 Billion | ▼ -23.6% |
| 2024 | 0.28x | $2.30 Billion | $1.36 Billion | $8.33 Billion | ▲ +69.0% |
| 2023 | 0.16x | $1.38 Billion | $509.21 Million | $8.46 Billion | ▲ +28.7% |
| 2022 | 0.13x | $1.27 Billion | $407.46 Million | $9.98 Billion | ▲ +47.6% |
| 2021 | 0.09x | $827.01 Million | $111.38 Million | $9.61 Billion | ▼ -65.1% |
| 2020 | 0.25x | $1.45 Billion | $626.08 Million | $5.90 Billion | ▼ -4.5% |
| 2019 | 0.26x | $1.44 Billion | $500.37 Million | $5.58 Billion | ▲ +0.0% |
| 2018 | 0.26x | $1.29 Billion | $528.86 Million | $5.02 Billion | ▲ +14.8% |
| 2017 | 0.22x | $993.60 Million | $369.95 Million | $4.42 Billion | ▼ -22.4% |
| 2016 | 0.29x | $1.13 Billion | $598.39 Million | $3.90 Billion | ▲ +4.9% |
| 2015 | 0.28x | $1.04 Billion | $547.15 Million | $3.75 Billion | ▲ +37.7% |
| 2014 | 0.20x | $743.32 Million | $346.42 Million | $3.71 Billion | ▼ -11.0% |
| 2013 | 0.23x | $710.49 Million | $346.21 Million | $3.15 Billion | ▼ -8.4% |
| 2012 | 0.25x | $782.04 Million | $386.32 Million | $3.18 Billion | ▲ +18.5% |
| 2011 | 0.21x | $633.03 Million | $252.04 Million | $3.05 Billion | ▼ -0.3% |
| 2010 | 0.21x | $586.43 Million | $370.99 Million | $2.82 Billion | ▼ -6.3% |
| 2009 | 0.22x | $622.79 Million | $405.80 Million | $2.80 Billion | ▲ +3.0% |
| 2008 | 0.22x | $599.97 Million | $299.75 Million | $2.78 Billion | ▼ -15.9% |
| 2007 | 0.26x | $688.69 Million | $347.81 Million | $2.69 Billion | ▲ +5.7% |
| 2006 | 0.24x | $626.68 Million | $281.35 Million | $2.58 Billion | ▲ +13.0% |
| 2005 | 0.21x | $531.99 Million | $237.62 Million | $2.48 Billion | ▲ +5.6% |
| 2004 | 0.20x | $454.18 Million | $151.49 Million | $2.23 Billion | ▼ -10.3% |
| 2003 | 0.23x | $448.45 Million | $207.78 Million | $1.98 Billion | ▼ -32.8% |
| 2002 | 0.34x | $581.33 Million | $298.47 Million | $1.72 Billion | ▲ +52.0% |
| 2001 | 0.22x | $388.33 Million | $122.75 Million | $1.75 Billion | ▲ +4.4% |
| 2000 | 0.21x | $348.55 Million | $125.31 Million | $1.64 Billion | ▼ -29.2% |
| 1999 | 0.30x | $408.10 Million | $178.60 Million | $1.36 Billion | ▼ -2.3% |
| 1998 | 0.31x | $398.10 Million | $203.50 Million | $1.29 Billion | ▲ +80.1% |
| 1997 | 0.17x | $226.00 Million | $56.40 Million | $1.32 Billion | ▼ -29.4% |
| 1996 | 0.24x | $271.00 Million | $52.20 Million | $1.12 Billion | ▲ +2.3% |
| 1995 | 0.24x | $264.00 Million | $97.80 Million | $1.12 Billion | ▲ +152.3% |
| 1994 | 0.09x | $257.50 Million | $112.90 Million | $2.75 Billion | — |