Southwest Gas/$SWX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Southwest Gas
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
- Ticker
- $SWX
- Sector
- Utilities
- Primary listing
- NYSE
- Employees
- 2,453
- Headquarters
- Las Vegas, United States
- Website
- www.swgasholdings.com
Southwest Gas Metrics
BasicAdvanced
$6.7B
12.35
$7.54
0.57
$2.53
2.77%
Price and volume
Market cap
$6.7B
Beta
0.57
52-week high
$94.47
52-week low
$76.99
Average daily volume
782K
Dividend rate
$2.53
Financial strength
Current ratio
1.116
Quick ratio
0.583
Long term debt to equity
0.827
Total debt to equity
0.851
Dividend payout ratio (TTM)
33.09%
Interest coverage (TTM)
2.77%
Profitability
EBITDA (TTM)
858.018
Gross margin (TTM)
54.04%
Net profit margin (TTM)
31.40%
Operating margin (TTM)
29.44%
Effective tax rate (TTM)
23.71%
Revenue per employee (TTM)
$710,000
Management effectiveness
Return on assets (TTM)
2.82%
Return on equity (TTM)
6.83%
Valuation
Price to earnings (TTM)
12.351
Price to revenue (TTM)
3.871
Price to book
1.64
Price to tangible book (TTM)
1.66
Price to free cash flow (TTM)
-12.769
Free cash flow yield (TTM)
-7.83%
Free cash flow per share (TTM)
-7.293
Dividend yield (TTM)
2.72%
Forward dividend yield
2.77%
Growth
Revenue change (TTM)
-15.28%
Earnings per share change (TTM)
227.36%
3-year revenue growth (CAGR)
-31.61%
10-year revenue growth (CAGR)
-3.44%
3-year earnings per share growth (CAGR)
33.32%
10-year earnings per share growth (CAGR)
9.43%
3-year dividend per share growth (CAGR)
0.33%
10-year dividend per share growth (CAGR)
4.17%
What the Analysts think about Southwest Gas
Analyst ratings (Buy, Hold, Sell) for Southwest Gas stock.
Analyst projections of the future price of Southwest Gas stock.
Bulls say / Bears say
California’s rate case produced about $40 million in additional annual revenue, giving Southwest Gas a firmer path to recover investment costs. The final decision set higher tariffs across its California service areas. (Southwest Gas Holdings, Government Contracting News)
Great Basin’s 2028 expansion has binding agreements for roughly 1 billion cubic feet a day of demand. Southwest Gas estimates the project could add $270 million to $300 million in annual margin once operating. (Southwest Gas Holdings)
The company’s plan points to continued earnings and rate-base growth, with 2026–2030 adjusted EPS growth guidance of 12%–14% a year and rate-base growth of 9.5%–11.5%. Customer growth and ongoing infrastructure investment underpin that outlook. (Southwest Gas Holdings)
Nevada intervenors backed less than $40 million of annual additional revenue, versus Southwest Gas’s updated request of about $74 million. If regulators side closer to the intervenors, the rate increase would be materially smaller than the company sought. (The Motley Fool)
The $2.3 billion Great Basin project adds substantial funding needs. Fitch expects leverage to rise close to downgrade thresholds by 2028, leaving limited credit-rating headroom as investment increases. (Fitch Ratings, Traders Union)
Higher depreciation from the growing gas-plant base and higher income-tax expense have offset some of the benefit from improved operating margin. That means heavy investment and rate relief may not flow through to earnings in full. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2026.
Southwest Gas Financial Performance
Revenues and expenses
Southwest Gas Earnings Performance
Company profitability
Upcoming events
Southwest Gas News
AllArticlesVideos
Funds containing Southwest Gas
AllEURUSDGBP
Fund name | Fund size | $SWX weighting |
|---|---|---|
iShares Dow Jones U.S. Select Dividend€EXX5 | €412M | 0.50% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.23% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.23% |
iShares Global Infrastructure€INFR | $2.5B | 0.20% |
SPDR S&P 400 US Mid Cap£SPX4 | $6.4B | 0.20% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.