Company / FCF Margin
Southwest Gas Corp FCF Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-4.7%
FY2023
5-year range
-16.4% / -4.7%
FY2019-FY2023
Trend
+48.2%
vs FY2022
Sector context
#25 of 51
Utilities
What the data says
At -4.7%, Southwest Gas Corp's fcf margin ranks #25 of 51 in the Utilities sector. FCF Margin has fluctuated over the past 8 years, ranging from -16.4% in FY2021 to 2.9% in FY2018.
Based on SEC 10-K filings.
-4.7% in FY2023 with a 5-year CAGR of -7.6%.
Improved from -16.4% to -4.7% over the past 2 years.
Utilities sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +3.5pp
- 5-Year Change
- -7.6pp
- 10-Year Change
- -
Sector benchmark
#25 of 51 in UtilitiesTop 49% of 51This company -4.7% Sector average -5.9%
▼
+19.5% above sector average
Key checks
Key Insights
- In FY2023, fcf margin increased 48.2% year-over-year.
- Currently 1.1pp above the Utilities sector average.
- Peak fcf margin was recorded in FY2018.
- Lowest fcf margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -4.7% | +48.2% |
| FY2022 | -9.1% | +44.5% |
| FY2021 | -16.4% | -99.5% |
| FY2020 | -8.2% | +17.3% |
| FY2019 | -10.0% | -445.5% |
| FY2018 | 2.9% | +128.9% |
| FY2017 | -10.0% | -445.5% |
| FY2016 | 2.9% | +6.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026