southwest gas holdings inc. - SWX

SWX

Close Chg Chg %
85.82 0.76 0.88%

Closed Market

86.58

+0.76 (0.88%)

Volume: 387.11K

Last Updated:

Mar 26, 2026, 3:59 PM EDT

Company Overview: southwest gas holdings inc. - SWX

SWX Key Data

Open

$85.54

Day Range

85.54 - 86.63

52 Week Range

64.69 - 90.00

Market Cap

$6.20B

Shares Outstanding

72.27M

Public Float

68.19M

Beta

0.63

Rev. Per Employee

N/A

P/E Ratio

14.11

EPS

$6.09

Yield

288.98%

Dividend

$0.62

EX-DIVIDEND DATE

Feb 17, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

561.13K

 

SWX Performance

1 Week
 
3.58%
 
1 Month
 
-1.81%
 
3 Months
 
7.19%
 
1 Year
 
18.64%
 
5 Years
 
28.71%
 

SWX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About southwest gas holdings inc. - SWX

Southwest Gas Holdings, Inc. engages in the energy business. It operates through the following business segments: Natural Gas Operations and Utility Infrastructure Services. The Natural Gas Operations segment focuses on purchasing, distribution, and transportation of natural gas in Arizona, California, and Nevada. The Utility Infrastructure Services segment consists of delivering an array of solutions to North America’s gas and electric providers. The company was founded in March 1931 and is headquartered in Las Vegas, NV.

SWX At a Glance

Southwest Gas Holdings, Inc.
8360 South Durango Drive
Las Vegas, Nevada 89193-8510
Phone 1-702-876-7237 Revenue 1.94B
Industry Gas Distributors Net Income 439.83M
Sector Utilities Employees 2,453
Fiscal Year-end 12 / 2026
View SEC Filings

SWX Valuation

P/E Current 14.115
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.161
Price to Sales Ratio 2.983
Price to Book Ratio 1.459
Price to Cash Flow Ratio 10.41
Enterprise Value to EBITDA 10.837
Enterprise Value to Sales 4.494
Total Debt to Enterprise Value 0.402

SWX Efficiency

Revenue/Employee 791,023.237
Income Per Employee 179,301.264
Receivables Turnover 6.885
Total Asset Turnover 0.173

SWX Liquidity

Current Ratio 1.276
Quick Ratio 1.175
Cash Ratio 0.62

SWX Profitability

Gross Margin 29.27
Operating Margin 24.422
Pretax Margin 17.052
Net Margin 22.667
Return on Assets 2.133
Return on Equity 6.416
Return on Total Capital 3.206
Return on Invested Capital 3.12

SWX Capital Structure

Total Debt to Total Equity 88.561
Total Debt to Total Capital 46.967
Total Debt to Total Assets 33.636
Long-Term Debt to Equity 86.668
Long-Term Debt to Total Capital 45.963
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Southwest Gas Holdings Inc. - SWX

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
4.96B 5.43B 5.11B 1.94B
Sales Growth
+34.77% +9.56% -5.92% -62.05%
Cost of Goods Sold (COGS) incl D&A
4.44B 4.86B 4.54B 1.37B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
470.45M 440.91M 438.44M 330.72M
Depreciation
- 440.65M 414.21M 411.84M
Amortization of Intangibles
- 29.80M 26.70M 26.60M
COGS Growth
+37.30% +9.47% -6.51% -69.77%
Gross Income
524.41M 578.31M 572.74M 567.96M
Gross Income Growth
+16.56% +10.28% -0.96% -0.83%
Gross Profit Margin
+10.57% +10.64% +11.20% +29.27%
2022 2023 2024 2025 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
93.38M 88.75M 88.97M 94.07M
Unusual Expense
- - 455.43M 71.23M
-
EBIT after Unusual Expense
(24.40M) 418.33M 483.77M 473.89M
Non Operating Income/Expense
(6.19M) 71.31M 54.57M 60.07M
Non-Operating Interest Income
16.18M 50.76M 33.58M 20.94M
Equity in Earnings of Affiliates
- 2.63M 868.00K 189.00K
Interest Expense
242.75M 292.29M 297.04M 203.08M
Interest Expense Growth
+103.65% +20.41% +1.63% -31.63%
Gross Interest Expense
246.28M 299.14M 300.17M 205.79M
Interest Capitalized
3.54M 6.85M 3.13M 2.71M
Pretax Income
(273.34M) 197.35M 241.30M 330.87M
Pretax Income Growth
-210.73% +172.20% +22.27% +37.12%
Pretax Margin
-5.51% +3.63% +4.72% +17.05%
Income Tax
(75.65M) 41.83M 36.46M 96.04M
Income Tax - Current - Domestic
6.17M 8.35M 1.82M 1.75M
Income Tax - Current - Foreign
- 9.09M 6.57M 8.14M
Income Tax - Deferred - Domestic
(89.81M) 28.01M 30.11M 94.28M
Income Tax - Deferred - Foreign
- (1.10M) (1.09M) (3.62M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- 2.63M 868.00K 189.00K
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(197.68M) 155.52M 204.84M 234.84M
Minority Interest Expense
5.61M 4.63M 6.02M (4.65M)
Net Income
(203.29M) 150.89M 198.81M 239.48M
Net Income Growth
-201.25% +174.22% +31.76% +20.45%
Net Margin Growth
-4.10% +2.78% +3.89% +12.34%
Extraordinaries & Discontinued Operations
- - - 200.34M
-
Discontinued Operations
- - - 200.34M
-
Net Income After Extraordinaries
(203.29M) 150.89M 198.81M 439.83M
Preferred Dividends
- - - -
-
Net Income Available to Common
(203.29M) 150.89M 198.81M 439.83M
EPS (Basic)
-3.1009 2.1316 2.7674 6.095
EPS (Basic) Growth
-191.35% +168.74% +29.83% +120.24%
Basic Shares Outstanding
65.56M 70.79M 71.84M 72.16M
EPS (Diluted)
-3.1009 2.1255 2.7601 6.0802
EPS (Diluted) Growth
-191.52% +168.54% +29.86% +120.29%
Diluted Shares Outstanding
65.56M 70.99M 72.03M 72.34M
EBITDA
901.48M 930.47M 922.21M 804.61M
EBITDA Growth
+21.73% +3.22% -0.89% -12.75%
EBITDA Margin
+18.18% +17.12% +18.04% +41.47%

Snapshot

Average Recommendation BUY Average Target Price 94.00
Number of Ratings 5 Current Quarters Estimate 2.036
FY Report Date 03 / 2026 Current Year's Estimate 4.321
Last Quarter’s Earnings 1.36 Median PE on CY Estimate N/A
Year Ago Earnings 3.65 Next Fiscal Year Estimate 4.957
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 4 4
Mean Estimate 2.04 0.44 4.32 4.96
High Estimates 2.17 0.54 4.35 5.05
Low Estimate 1.90 0.34 4.26 4.85
Coefficient of Variance 9.31 31.59 0.91 1.90

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 7 6
OVERWEIGHT 0 0 0
HOLD 0 1 1
UNDERWEIGHT 0 1 1
SELL 0 0 0
MEAN Buy Overweight Overweight

Insider Actions for Southwest Gas Holdings Inc. - SWX

Date Name Shares Transaction Value
Mar 5, 2026 Karen S. Haller President and CEO 185,798 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 14,867,555.96
Mar 5, 2026 Julie M. Williams SVP/Cont. Improvement and Opt. 28,950 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 2,316,579.00
Mar 5, 2026 Justin Lee Brown President/Southwest Gas Corp. 34,461 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $87.6 per share 3,018,783.60
Mar 5, 2026 Justin Lee Brown President/Southwest Gas Corp. 27,623 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 2,210,392.46
Mar 5, 2026 Randall P. Gabe SVP/Chief Administrative OFC 24,153 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 1,932,723.06
Mar 5, 2026 Catherine M. Mazzeo SVP/Chief Legal/Comp. Officer 16,150 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 1,292,323.00
Mar 5, 2026 Amy L Timperley SVP/Chief Reg. & Public Aff. 15,118 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 1,209,742.36
Mar 5, 2026 Justin S. Forsberg SVP/Chief Financial Officer 6,862 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.02 per share 549,097.24

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