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Southwest Gas Holdings, Inc.

$86.4 +$6.25 (+7.80%)
NYSE · 14 Sep 2026 20:00 UTC
Previous Close
$86.11
Day Range
$86.1$87.41
Year Range
$76.74$94.47
Market Cap
6.25B
AVG Volume
512.06K
Trailing/Forward PE
12.03/17.51
PEG ratio
0.76
Dividend Yield
2.93%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
02B4B6B2016201720182019202020212022202320242025
SWX Revenue (USD) by year
PeriodRevenue (USD)
20253.21B
20244.39B
20235.43B
20224.96B
20213.68B
20203.3B
20193.12B
20182.88B
20172.55B
20162.46B
Net Income (USD)
-400M-200M0200M400M600M2016201720182019202020212022202320242025
SWX Net Income (USD) by year
PeriodNet Income (USD)
2025439.83M
2024198.81M
2023150.89M
2022-203.29M
2021200.78M
2020232.32M
2019213.94M
2018182.28M
2017193.84M
2016152.04M
Operating Income (USD)
-200M0200M400M600M2016201720182019202020212022202320242025
SWX Operating Income (USD) by year
PeriodOperating Income (USD)
2025491.55M
2024442.41M
2023418.33M
2022-24.4M
2021369.55M
2020423M
2019371.81M
2018357.43M
2017323.7M
2016295.71M
EBITDA (USD)
0250M500M750M1B2016201720182019202020212022202320242025
SWX EBITDA (USD) by year
PeriodEBITDA (USD)
2025950.66M
2024902.05M
2023930.54M
2022439.87M
2021737.09M
2020748.24M
2019749.46M
2018595.04M
2017586.96M
2016584.85M
Cash Flows (USD)
-1B-500M0500M2016201720182019202020212022202320242025
SWX Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-598.5M
2024409.86M
2023-363.31M
2022-451.96M
2021-604.24M
2020-199.03M
2019-315.26M
2018-211.03M
2017-253.69M
201668.86M
EPS (USD)
-10-505102016201720182019202020212022202320242025
SWX EPS (USD) by year
PeriodEPS (USD)
20256.08
20242.75
20232.12
2022-9.25
20213.42
20204.11
20193.95
20183.68
20174.03
20163.18
Expenses (USD)
-500M0500M1B1.5BSG&ACapex2016201720182019202020212022202320242025
SWX Expenses (USD) by year
PeriodExpenses (USD)
20251.16B
2024946.01M
2023872.37M
2022859.8M
2021715.63M
2020825.1M
2019721.8M
2018920.4M
2017626.44M
2016536.93M
Cash & Debt (USD)
02B4B6B8BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
SWX Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025576.64M
2024363.79M
2023106.54M
2022123.08M
2021222.7M
202083.35M
201949.54M
201885.36M
201743.62M
201628.07M
Debt ratios
012320182019202020212022202320242025
SWX Debt ratios by year
PeriodDebt ratios
20250.91
20241.56
20231.81
20222.19
20212.16
20201.04
20191.04
20180.95
Margins
0%10%20%30%2016201720182019202020212022202320242025
SWX Margins by year
PeriodMargins
202527.87%
202421.32%
202318.76%
202220.06%
202122.31%
202024.81%
201923.63%
201823.14%
201724.82%
201625.9%
Return on Capital
-10%-5%0%5%10%15%2016201720182019202020212022202320242025
SWX Return on Capital by year
PeriodReturn on Capital
202511.1%
20245.39%
20234.42%
2022-6.32%
20216.37%
20208.18%
20198.26%
20187.81%
201710.7%
20169.03%
Shares Outstanding
020M40M60M80M2016201720182019202020212022202320242025
SWX Shares Outstanding by year
PeriodShares Outstanding
202572.34M
202471.92M
202371.67M
202267.2M
202160.65M
202057.6M
201954.98M
201850.91M
201747.97M
201647.48M
Dividends (USD)
01232017201820192020202120222023202420252026
SWX Dividends (USD) by year
PeriodDividends (USD)
20261.91
20252.48
20242.48
20232.48
20222.46
20212.35
20202.25
20192.15
20182.06
20171.94
Employee Count
01K2K3K2016201720182019202020212022202320242025
SWX Employee Count by year
PeriodEmployee Count
20252.45K
20242.44K
20232.37K
20222.35K
20212.29K
20202.27K
20192.29K
20182.31K
20172.29K
20162.25K
Book Value Per Share (USD)
02040602016201720182019202020212022202320242025
SWX Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202554.76
202451.3
202347.64
202247.89
202151.95
202049.32
201947.11
201845.83
201737.79
201635.46
Total Assets (USD)
05B10B15B2016201720182019202020212022202320242025
SWX Total Assets (USD) by year
PeriodTotal Assets (USD)
202510.43B
202412.02B
202311.87B
202213.2B
202112.77B
20208.74B
20198.17B
20187.36B
20176.24B
20165.58B
PE Ratio
101520253035med 22.96Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX PE Ratio by year
PeriodPE Ratio
Sep 2612.06
Sep 2612.02
Sep 2612.3
Aug 2612.44
Aug 2612.41
Aug 2612.93
Aug 2612.86
Jul 2613.95
Jul 2614.52
Jul 2614.36
Jul 2614.23
Jul 2614.01
Jun 2614.19
Jun 2613.8
Jun 2613.89
Jun 2613.84
May 2613.45
May 2614.03
May 2613.68
May 2614.03
May 2615.33
Apr 2614.88
Apr 2614.96
Apr 2615.33
Apr 2614.68
Mar 2614.26
Mar 2613.75
Mar 2614.47
Mar 2614.41
Feb 2614.5
Feb 2613.63
Feb 2613.69
Feb 2612.96
Jan 2612.89
Jan 2612.92
Jan 2613.43
Jan 2612.63
Jan 2612.48
Dec 2512.57
Dec 2512.55
Dec 2512.46
Dec 2512.31
Nov 2512.93
Nov 2512.52
Nov 2512.65
Nov 2512.43
Oct 2529.58
Oct 2530.51
Oct 2529.17
Oct 2529.27
Oct 2529.17
Sep 2529.07
Sep 2529.17
Sep 2529.22
Sep 2529.25
Aug 2529.72
Aug 2529.11
Aug 2528.83
Aug 2529.18
Aug 2524.92
Jul 2525.1
Jul 2524.96
Jul 2524.66
Jul 2523.66
Jun 2523.74
Jun 2523.64
Jun 2522.93
Jun 2522.76
May 2522.99
May 2522.67
May 2522.1
May 2527.38
May 2526.79
Apr 2526.24
Apr 2526.63
Apr 2525.71
Apr 2524.92
Mar 2526.39
Mar 2527.18
Mar 2527.1
Mar 2526.28
Feb 2527.15
Feb 2530.84
Feb 2531.09
Feb 2530.47
Jan 2529.95
Jan 2529.55
Jan 2528.98
Jan 2527.44
Jan 2528.61
Dec 2428.21
Dec 2427.93
Dec 2429.22
Dec 2430.33
Nov 2431.35
Nov 2431.09
Nov 2430.68
Nov 2430.08
Nov 2428.41
Oct 2429.01
Free Cash Flow Yield
-20%-10%0%10%20%med 0.25%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-13.24%
Sep 26-13.28%
Sep 26-12.99%
Aug 26-12.84%
Aug 26-12.87%
Aug 26-12.35%
Aug 26-12.42%
Jul 26-11.56%
Jul 26-11.11%
Jul 26-11.23%
Jul 26-11.34%
Jul 26-11.51%
Jun 26-11.37%
Jun 26-11.68%
Jun 26-11.61%
Jun 26-11.65%
May 26-11.99%
May 26-11.5%
May 26-11.79%
May 26-11.49%
May 26-8.88%
Apr 26-9.15%
Apr 26-9.09%
Apr 26-8.88%
Apr 26-9.27%
Mar 26-9.54%
Mar 26-9.9%
Mar 26-9.4%
Mar 26-9.44%
Feb 26-9.38%
Feb 26-2.06%
Feb 26-2.05%
Feb 26-2.17%
Jan 26-2.18%
Jan 26-2.18%
Jan 26-2.1%
Jan 26-2.23%
Jan 26-2.25%
Dec 25-2.24%
Dec 25-2.24%
Dec 25-2.26%
Dec 25-2.29%
Nov 25-2.18%
Nov 25-2.25%
Nov 25-2.22%
Nov 25-2.26%
Oct 250.25%
Oct 250.24%
Oct 250.25%
Oct 250.25%
Oct 250.25%
Sep 250.25%
Sep 250.25%
Sep 250.25%
Sep 250.25%
Aug 250.24%
Aug 250.25%
Aug 250.25%
Aug 250.25%
Aug 253.41%
Jul 253.38%
Jul 253.4%
Jul 253.44%
Jul 253.59%
Jun 253.58%
Jun 253.59%
Jun 253.71%
Jun 253.73%
May 253.69%
May 253.75%
May 253.85%
May 257.53%
May 257.7%
Apr 257.86%
Apr 257.74%
Apr 258.02%
Apr 258.27%
Mar 257.81%
Mar 257.59%
Mar 257.61%
Mar 257.85%
Feb 257.59%
Feb 259.9%
Feb 259.82%
Feb 2510.02%
Jan 2510.2%
Jan 2510.34%
Jan 2510.54%
Jan 2511.13%
Jan 2510.67%
Dec 2410.82%
Dec 2410.93%
Dec 2410.45%
Dec 2410.07%
Nov 249.74%
Nov 249.82%
Nov 249.96%
Nov 2410.15%
Nov 249.06%
Oct 248.88%
Price to Sales
01234med 1.4Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX Price to Sales by year
PeriodPrice to Sales
Sep 263.6
Sep 263.59
Sep 263.67
Aug 263.71
Aug 263.7
Aug 263.86
Aug 263.84
Jul 262.59
Jul 262.69
Jul 262.66
Jul 262.64
Jul 262.6
Jun 262.63
Jun 262.56
Jun 262.58
Jun 262.57
May 262.49
May 262.6
May 262.54
May 262.6
May 262.1
Apr 262.04
Apr 262.05
Apr 262.1
Apr 262.01
Mar 261.95
Mar 261.88
Mar 261.98
Mar 261.97
Feb 261.98
Feb 261.58
Feb 261.59
Feb 261.5
Jan 261.49
Jan 261.5
Jan 261.56
Jan 261.46
Jan 261.45
Dec 251.46
Dec 251.45
Dec 251.44
Dec 251.43
Nov 251.5
Nov 251.45
Nov 251.47
Nov 251.44
Oct 251.42
Oct 251.46
Oct 251.4
Oct 251.4
Oct 251.4
Sep 251.39
Sep 251.4
Sep 251.4
Sep 251.4
Aug 251.42
Aug 251.39
Aug 251.38
Aug 251.4
Aug 251.36
Jul 251.37
Jul 251.37
Jul 251.35
Jul 251.3
Jun 251.3
Jun 251.29
Jun 251.26
Jun 251.25
May 251.26
May 251.24
May 251.21
May 251.24
May 251.21
Apr 251.19
Apr 251.21
Apr 251.16
Apr 251.13
Mar 251.19
Mar 251.23
Mar 251.23
Mar 251.19
Feb 251.23
Feb 251.23
Feb 251.24
Feb 251.22
Jan 251.2
Jan 251.18
Jan 251.16
Jan 251.1
Jan 251.14
Dec 241.13
Dec 241.12
Dec 241.17
Dec 241.21
Nov 241.25
Nov 241.24
Nov 241.22
Nov 241.2
Nov 240.98
Oct 241
EV/EBITDA
89101112med 10.34Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX EV/EBITDA by year
PeriodEV/EBITDA
Sep 2610.83
Sep 2610.81
Sep 2610.97
Aug 2611.06
Aug 2611.04
Aug 2611.35
Aug 2611.3
Jul 2610.07
Jul 2610.35
Jul 2610.27
Jul 2610.21
Jul 2610.1
Jun 2610.19
Jun 2610
Jun 2610.04
Jun 2610.02
May 269.82
May 2610.11
May 269.94
May 2610.11
May 2610.18
Apr 269.97
Apr 2610.01
Apr 2610.17
Apr 269.87
Mar 269.68
Mar 269.44
Mar 269.78
Mar 269.75
Feb 269.79
Feb 269.17
Feb 269.2
Feb 268.85
Jan 268.82
Jan 268.84
Jan 269.08
Jan 268.7
Jan 268.63
Dec 258.67
Dec 258.66
Dec 258.62
Dec 258.55
Nov 258.84
Nov 258.65
Nov 258.71
Nov 258.6
Oct 2510.41
Oct 2510.59
Oct 2510.33
Oct 2510.35
Oct 2510.33
Sep 2510.31
Sep 2510.33
Sep 2510.34
Sep 2510.34
Aug 2510.44
Aug 2510.31
Aug 2510.26
Aug 2510.33
Aug 2510.86
Jul 2510.9
Jul 2510.87
Jul 2510.8
Jul 2510.56
Jun 2510.58
Jun 2510.55
Jun 2510.38
Jun 2510.34
May 2510.4
May 2510.32
May 2510.18
May 2511.24
May 2511.11
Apr 2510.99
Apr 2511.07
Apr 2510.87
Apr 2510.7
Mar 2511.02
Mar 2511.19
Mar 2511.18
Mar 2511
Feb 2511.19
Feb 2511.68
Feb 2511.73
Feb 2511.6
Jan 2511.5
Jan 2511.41
Jan 2511.3
Jan 2510.98
Jan 2511.22
Dec 2411.14
Dec 2411.08
Dec 2411.35
Dec 2411.58
Nov 2411.79
Nov 2411.73
Nov 2411.65
Nov 2411.53
Nov 2410.43
Oct 2410.55
Price/Operating Cashflow
05101520med 6.14Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2613.69
Sep 2613.65
Sep 2613.96
Aug 2614.12
Aug 2614.08
Aug 2614.68
Aug 2614.59
Jul 2614.79
Jul 2615.4
Jul 2615.23
Jul 2615.09
Jul 2614.86
Jun 2615.04
Jun 2614.64
Jun 2614.73
Jun 2614.68
May 2614.26
May 2614.88
May 2614.51
May 2614.88
May 2611.89
Apr 2611.54
Apr 2611.61
Apr 2611.89
Apr 2611.39
Mar 2611.06
Mar 2610.66
Mar 2611.23
Mar 2611.18
Feb 2611.25
Feb 269.36
Feb 269.4
Feb 268.89
Jan 268.85
Jan 268.87
Jan 269.22
Jan 268.67
Jan 268.56
Dec 258.63
Dec 258.61
Dec 258.55
Dec 258.45
Nov 258.87
Nov 258.59
Nov 258.68
Nov 258.53
Oct 256.21
Oct 256.4
Oct 256.12
Oct 256.14
Oct 256.12
Sep 256.1
Sep 256.12
Sep 256.13
Sep 256.14
Aug 256.24
Aug 256.11
Aug 256.05
Aug 256.12
Aug 255.08
Jul 255.12
Jul 255.09
Jul 255.03
Jul 254.82
Jun 254.84
Jun 254.82
Jun 254.67
Jun 254.64
May 254.69
May 254.62
May 254.5
May 254.01
May 253.93
Apr 253.85
Apr 253.9
Apr 253.77
Apr 253.65
Mar 253.87
Mar 253.99
Mar 253.97
Mar 253.85
Feb 253.98
Feb 253.77
Feb 253.8
Feb 253.73
Jan 253.66
Jan 253.61
Jan 253.55
Jan 253.36
Jan 253.5
Dec 243.45
Dec 243.42
Dec 243.57
Dec 243.71
Nov 243.83
Nov 243.8
Nov 243.75
Nov 243.68
Nov 243.84
Oct 243.92
Price to Book
1.31.41.51.61.71.8med 1.48Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
SWX Price to Book by year
PeriodPrice to Book
Sep 261.52
Sep 261.51
Sep 261.55
Aug 261.57
Aug 261.56
Aug 261.63
Aug 261.62
Jul 261.58
Jul 261.64
Jul 261.63
Jul 261.61
Jul 261.59
Jun 261.61
Jun 261.56
Jun 261.57
Jun 261.57
May 261.52
May 261.59
May 261.55
May 261.59
May 261.7
Apr 261.65
Apr 261.66
Apr 261.7
Apr 261.63
Mar 261.58
Mar 261.53
Mar 261.61
Mar 261.6
Feb 261.61
Feb 261.61
Feb 261.62
Feb 261.53
Jan 261.52
Jan 261.53
Jan 261.59
Jan 261.49
Jan 261.47
Dec 251.48
Dec 251.48
Dec 251.47
Dec 251.45
Nov 251.53
Nov 251.48
Nov 251.49
Nov 251.47
Oct 251.39
Oct 251.43
Oct 251.37
Oct 251.37
Oct 251.37
Sep 251.37
Sep 251.37
Sep 251.37
Sep 251.37
Aug 251.4
Aug 251.37
Aug 251.35
Aug 251.37
Aug 251.49
Jul 251.5
Jul 251.49
Jul 251.48
Jul 251.42
Jun 251.42
Jun 251.41
Jun 251.37
Jun 251.36
May 251.38
May 251.36
May 251.32
May 251.48
May 251.44
Apr 251.41
Apr 251.43
Apr 251.39
Apr 251.34
Mar 251.42
Mar 251.46
Mar 251.46
Mar 251.42
Feb 251.46
Feb 251.52
Feb 251.53
Feb 251.5
Jan 251.47
Jan 251.45
Jan 251.43
Jan 251.35
Jan 251.41
Dec 241.39
Dec 241.38
Dec 241.44
Dec 241.49
Nov 241.54
Nov 241.53
Nov 241.51
Nov 241.48
Nov 241.41
Oct 241.44
Southwest Gas Holdings, Inc.
SWX
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News: SWX

Southwest Gas Corporation $SWX Shares Purchased by California State Teachers Retirement System

defenseworld.net · 15 Sep 2026

Southwest Gas Corporation $SWX Shares Purchased by California State Teachers Retirement System

California State Teachers Retirement System grew its holdings in Southwest Gas Corporation (NYSE: SWX) by 8,513.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,575,179 shares of the utilities provider's stock after buying an additional 6,498,843 shares during the period. California State

Southwest Gas Holdings Releases 2025 Sustainability Report

prnewswire.com · 8 Sep 2026

Southwest Gas Holdings Releases 2025 Sustainability Report

Report highlights sustainability in action through investments that strengthen safety and reliability, improve customer experience, and support communities LAS VEGAS, Sept. 8, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "Company") has released its 2025 Sustainability Report ("2025 Report"), "Fueling Communities.

11,181,201 Shares in Southwest Gas Corporation $SWX Acquired by BlackRock Inc.

defenseworld.net · 22 Aug 2026

11,181,201 Shares in Southwest Gas Corporation $SWX Acquired by BlackRock Inc.

BlackRock Inc. bought a new position in shares of Southwest Gas Corporation (NYSE: SWX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,181,201 shares of the utilities provider's stock, valued at approximately $991,549,000. BlackRock Inc. owned 15.45% of Southwest Gas as

OGS vs. SWX: Which Utility Stock Has Greater Investment Potential?

zacks.com · 17 Aug 2026

OGS vs. SWX: Which Utility Stock Has Greater Investment Potential?

ONE Gas and Southwest Gas go head-to-head on earnings growth, leverage, dividends, capital spending and stock performance amid rising gas demand.

Bank of America Corp DE Acquires 139,872 Shares of Southwest Gas Corporation $SWX

defenseworld.net · 15 Aug 2026

Bank of America Corp DE Acquires 139,872 Shares of Southwest Gas Corporation $SWX

Bank of America Corp DE grew its holdings in Southwest Gas Corporation (NYSE: SWX) by 54.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 395,336 shares of the utilities provider's stock after buying an additional 139,872 shares

Reviewing Southwest Gas (NYSE:SWX) and China Gas (OTCMKTS:CGHLY)

defenseworld.net · 11 Aug 2026

Reviewing Southwest Gas (NYSE:SWX) and China Gas (OTCMKTS:CGHLY)

Southwest Gas (NYSE: SWX - Get Free Report) and China Gas (OTCMKTS:CGHLY - Get Free Report) are both utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, dividends, risk, analyst recommendations and institutional ownership. Valuation and Earnings This table compares Southwest Gas

Southwest Gas Q2 Earnings Call Highlights

defenseworld.net · 11 Aug 2026

Southwest Gas Q2 Earnings Call Highlights

Southwest Gas (NYSE: SWX) reported second-quarter 2026 adjusted earnings per share from continuing operations of $0.45, up from $0.37 in the prior-year period, as lower parent-level interest expense and regulatory progress supported results. Reported earnings per share from continuing operations were $0.58, including revenue recognized following a California rate-case decision. President and CEO Justin Brown said

Southwest Gas Q2 Earnings Call Highlights

marketbeat.com · 9 Aug 2026

Southwest Gas Q2 Earnings Call Highlights

Southwest Gas NYSE: SWX reported second-quarter 2026 adjusted earnings per share from continuing operations of $0.45, up from $0.37 in the prior-year period, as lower parent-level interest expense and regulatory progress supported results. Reported earnings per share from continuing operations were $0.58, including revenue recognized following a California rate-case decision.

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