Southwest Gas Holdings, Inc. (SWX)
NYSE: SWX · Real-Time Price · USD
91.33
+0.84 (0.93%)
At close: Nov 6, 2026, 4:00 PM EST
91.47
+0.14 (0.15%)
After-hours: Nov 6, 2026, 7:43 PM EST
Southwest Gas Holdings Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 1,722 | 1,940 | 2,475 | 2,535 | 4,960 | 3,680 |
Revenue Growth | -14.43% | -21.61% | -2.35% | -48.90% | 34.77% | 11.57% |
Net Income Net Income Growth | 296.76 | 439.83 | 198.82 | 150.89 | -203.29 | 200.78 |
Earnings Per Share EPS Growth | 4.09 | 6.08 | 2.76 | 2.13 | -3.10 | 3.39 |
EPS Growth | -31.03% | 120.29% | 29.58% | - | - | -18.12% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Residential Residential Growth | 1,051 | 1,277 | 1,655 | 1,725 | 1,325 | 1,036 |
Small Commercial Small Commercial Growth | 271.6 | 333.41 | 493.71 | 513.37 | 378.52 | 270.21 |
Large Commercial Large Commercial Growth | 56.7 | 72.37 | 111.35 | 117.97 | 85.23 | 57.37 |
Industrial/Other Industrial/Other Growth | 36.87 | 44.94 | 63 | 75.22 | 50.89 | 42.31 |
Transportation Transportation Growth | 113.15 | 116.58 | 115.78 | 104.3 | 100.64 | 92.24 |
Alternative Revenue Program Alternative Revenue Program Growth | 185.9 | 86.59 | 23.06 | -52.37 | -18.48 | 13.18 |
Other Regulated Operations Other Regulated Operations Growth | 7.09 | 9.82 | 13.64 | 15.85 | 13.46 | 10.86 |
Total Gas and Other Utility Infrastructure Services Total Gas and Other Utility Infrastructure Services Growth | - | - | 1,458 | 1,592 | 1,665 | 1,577 |
Electric Power Infrastructure Services Electric Power Infrastructure Services Growth | - | - | 1,179 | 1,307 | 1,095 | 581.94 |
Revenue (Total) Revenue (Total) Growth | 1,722 | 1,940 | 2,475 | 5,434 | 4,960 | 3,680 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 53.36 | 576.65 | 314.77 | 106.54 | 123.08 | 222.7 |
Total Debt Total Debt Growth | 3,532 | 3,508 | 4,184 | 5,441 | 6,128 | 6,437 |
Net Cash (Debt) Net Cash Growth | -3,478 | -2,931 | -3,870 | -5,335 | -6,005 | -6,214 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -47.88 | -40.52 | -53.72 | -75.15 | -91.60 | -104.86 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 465.19 | 556.08 | 1,356 | 509.21 | 407.46 | 111.38 |
Capital Expenditures CapEx Growth | -1,038 | -807.87 | -846.59 | -765.87 | -859.42 | -715.63 |
Free Cash Flow Free Cash Flow Growth | -573.27 | -251.79 | 509.19 | -256.66 | -451.96 | -604.24 |
Free Cash Flow Growth | - | - | - | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Pretax Margin | 21.72% | 17.05% | 10.27% | 6.68% | -5.51% | 6.71% |
Profit Margin | 17.23% | 22.67% | 8.03% | 5.95% | -4.10% | 5.46% |
FCF Margin | -33.29% | -12.98% | 20.57% | -10.13% | -9.11% | -16.42% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 2.580 | 2.480 | 2.480 | 2.480 | 2.455 | 2.355 |
Dividend Per Share Growth | 3.02% | 0% | 0% | 1.02% | 4.25% | 4.44% |
Dividend Yield | 2.83% | 3.10% | 3.51% | 3.92% | 3.97% | 3.36% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 22.33 | 13.13 | 25.52 | 30.03 | - | 21.07 |
Forward PE | 18.61 | 20.42 | 20.51 | 23.83 | 19.86 | 15.70 |
P/FCF Ratio | - | - | 9.96 | - | - | - |
PS Ratio | 3.84 | 2.98 | 2.05 | 1.79 | 0.84 | 1.15 |