A soft switching DC-DC converter is provided which includes circuitry for both a buck converter and a boost converter. The buck converter circuitry and the boost converter circuitry share a common transformer including a primary coil and first and second secondary coils. A first switching element is coupled to a first capacitor to provide the buck converter operation while another switching element is provided to provide the boost converting operation. The primary coil of the transformer is commonly used as a choke coil by both the buck converter and the boost converter. In this way, size and cost reduction can be obtained.