Southwest Gas Holdings, Inc. (SWX)
NYSE: SWX · Real-Time Price · USD
88.06
-0.63 (-0.71%)
Sep 4, 2026, 4:00 PM EDT - Market closed
Southwest Gas Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 546.61 | 439.83 | 198.82 | 150.89 | -203.29 | 200.78 |
Depreciation & Amortization | 345.54 | 330.72 | 303.1 | 295.46 | 470.46 | 371.04 |
Loss (Gain) on Sale of Assets | - | -1.6 | - | -0.14 | -7.87 | -6.91 |
Asset Writedown | - | - | - | 71.23 | 455.43 | - |
Stock-Based Compensation | 14.26 | 14.63 | 11.37 | 6.23 | 9.45 | 9.29 |
Change in Accounts Receivable | 14.81 | 27.41 | 62.68 | -43.29 | -196.98 | -54.05 |
Change in Accounts Payable | -1.97 | 13.17 | -20.01 | -256.4 | 293.91 | 50.43 |
Change in Income Taxes | -1.64 | -20.46 | 2.15 | -5.39 | 17.93 | -6.73 |
Change in Other Net Operating Assets | -215.67 | -34.41 | 649.74 | 194.01 | -355.07 | -432.94 |
Other Operating Activities | -228.14 | -175.13 | -2.51 | -62.11 | -76.51 | -19.54 |
Net Cash from Discontinued Operations | -27.1 | -38.09 | 150.45 | 158.71 | - | - |
Operating Cash Flow | 446.69 | 556.08 | 1,356 | 509.21 | 407.46 | 111.38 |
Operating Cash Flow Growth | -51.61% | -58.98% | 166.25% | 24.97% | 265.82% | -82.21% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -974.53 | -807.87 | -846.59 | -765.87 | -859.42 | -715.63 |
Sale of Property, Plant & Equipment | - | 5.31 | 21.38 | - | - | - |
Cash Acquisitions | - | - | - | - | -18.81 | -2,354 |
Divestitures | - | - | - | 1,022 | - | - |
Other Investing Activities | 824.15 | 777.75 | -96.36 | -105.65 | 39.33 | 34.23 |
Investing Cash Flow | -150.38 | -24.81 | -921.57 | 150.97 | -838.9 | -3,036 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 51.5 | 450 | 113.5 | 1,850 |
Long-Term Debt Issued | - | - | - | 847.76 | 1,068 | 1,661 |
Total Debt Issued | - | - | 51.5 | 1,298 | 1,181 | 3,511 |
Short-Term Debt Repaid | - | -680 | - | -1,917 | -479.69 | -48 |
Long-Term Debt Repaid | - | - | - | -50 | -579.91 | -472.66 |
Total Debt Repaid | -260 | -680 | - | -1,967 | -1,060 | -520.66 |
Net Debt Issued (Repaid) | -260 | -680 | 51.5 | -668.99 | 121.7 | 2,990 |
Issuance of Common Stock | 19.43 | 19.73 | 8.88 | 251.76 | 461.83 | 213.64 |
Repurchase of Common Stock | -5.75 | -3.06 | -2.68 | -1.78 | -2.66 | -1.26 |
Common Dividends Paid | -180.88 | -178.51 | -177.63 | -174.57 | -160.56 | -138.22 |
Other Financing Activities | 46.16 | 523.57 | -56.41 | -107.21 | -63.82 | -0.73 |
Financing Cash Flow | -381.05 | -318.28 | -176.34 | -700.8 | 356.48 | 3,063 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.38 | -0.13 | -0.62 | 0.27 | -0.85 | 0.16 |
Miscellaneous Cash Flow Adjustments | - | - | - | 23.8 | -23.8 | - |
Net Cash Flow | -85.11 | 212.86 | 257.25 | -16.54 | -99.62 | 139.35 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -527.84 | -251.79 | 509.19 | -256.66 | -451.96 | -604.24 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -30.32% | -12.98% | 20.57% | -10.13% | -9.11% | -16.42% |
Free Cash Flow Per Share | -7.28 | -3.48 | 7.07 | -3.62 | -6.89 | -10.20 |
Levered Free Cash Flow | -390.81 | -45.28 | 397.08 | 637.79 | -1,530 | -660.96 |
Unlevered Free Cash Flow | -275.13 | 81.65 | 526.16 | 759.55 | -1,378 | -586.46 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 159.16 | 176.96 | 157 | 139.75 | 219.83 | 104.35 |
Cash Income Tax Paid | 41 | 40.49 | 9.91 | 9.37 | 12 | 4.21 |
Change in Working Capital | -204.47 | -14.29 | 694.56 | -111.06 | -240.21 | -443.29 |