Southwest Gas Holdings Inc (SWX) — Free Cash Flow Generation Index

Latest as of March 2026: -0.29x

Southwest Gas Holdings Inc (SWX) has a Free Cash Flow Generation Index of -0.29x as of March 2026. Free cash flow of $-46.59 Million represents 0% of operating cash flow ($162.13 Million). Read SWX liabilities breakdown for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.29x
Free Cash Flow / Operating CF

Free Cash Flow

$-46.59 Million
USD

Operating Cash Flow

$162.13 Million
USD

Capital Expenditures

$208.72 Million
USD

Southwest Gas Holdings Inc Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for Southwest Gas Holdings Inc across 32 annual periods. Explore SWX capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Southwest Gas Holdings Inc (1994–2025)

Year-by-year Free Cash Flow Generation Index for Southwest Gas Holdings Inc. For the full company profile including market capitalisation, see market cap of Southwest Gas Holdings Inc.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 -0.45x $-251.79 Million $556.08 Million $807.87 Million ▼ -249.8%
2024 0.30x $409.86 Million $1.36 Billion $945.92 Million ▲ +142.4%
2023 -0.71x $-363.31 Million $509.21 Million $872.52 Million ▲ +35.7%
2022 -1.11x $-451.96 Million $407.46 Million $859.42 Million ▲ +79.6%
2021 -5.42x $-604.24 Million $111.38 Million $715.63 Million ▼ -1606.5%
2020 -0.32x $-199.03 Million $626.08 Million $825.11 Million ▲ +63.7%
2019 -0.87x $-437.78 Million $500.37 Million $938.15 Million ▼ -95.2%
2018 -0.45x $-237.06 Million $528.86 Million $765.91 Million ▲ +34.6%
2017 -0.69x $-253.69 Million $369.95 Million $623.65 Million ▼ -695.9%
2016 0.12x $68.86 Million $598.39 Million $529.53 Million ▲ +6.4%
2015 0.11x $59.15 Million $547.15 Million $488.00 Million ▲ +174.2%
2014 -0.15x $-50.48 Million $346.42 Million $396.90 Million ▼ -179.2%
2013 -0.05x $-18.07 Million $346.21 Million $364.28 Million ▼ -114.7%
2012 -0.02x $-9.39 Million $386.32 Million $395.71 Million ▲ +95.3%
2011 -0.51x $-128.95 Million $252.04 Million $380.99 Million ▼ -222.0%
2010 0.42x $155.55 Million $370.99 Million $215.44 Million ▼ -9.9%
2009 0.47x $188.82 Million $405.80 Million $216.99 Million ▲ +29837.9%
2008 0.00x $-469.00K $299.75 Million $300.22 Million ▼ -107.8%
2007 0.02x $6.94 Million $347.81 Million $340.88 Million ▲ +108.8%
2006 -0.23x $-63.97 Million $281.35 Million $345.32 Million ▲ +4.8%
2005 -0.24x $-56.74 Million $237.62 Million $294.37 Million ▲ +76.1%
2004 -1.00x $-151.20 Million $151.49 Million $302.69 Million ▼ -530.4%
2003 -0.16x $-32.90 Million $207.78 Million $240.67 Million ▼ -402.5%
2002 0.05x $15.62 Million $298.47 Million $282.85 Million ▲ +104.5%
2001 -1.16x $-142.83 Million $122.75 Million $265.58 Million ▼ -48.9%
2000 -0.78x $-97.93 Million $125.31 Million $223.24 Million ▼ -174.2%
1999 -0.28x $-50.90 Million $178.60 Million $229.50 Million ▼ -751.6%
1998 0.04x $8.90 Million $203.50 Million $194.60 Million ▲ +102.2%
1997 -2.01x $-113.20 Million $56.40 Million $169.60 Million ▲ +37.1%
1996 -3.19x $-166.60 Million $52.20 Million $218.80 Million ▼ -356.3%
1995 -0.70x $-68.40 Million $97.80 Million $166.20 Million ▼ -149.1%
1994 -0.28x $-31.70 Million $112.90 Million $144.60 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).