Southwest Gas Holdings, Inc. (SWX)
NYSE: SWX · Real-Time Price · USD
92.19
-0.45 (-0.49%)
Jul 29, 2026, 2:50 PM EDT - Market open
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 | Mar '26 Mar 31, 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 | 1,437 | 1,940 | 2,475 | 2,535 | 4,960 | 3,680 |
Revenue Growth | -6.75% | -21.61% | -2.35% | -48.90% | 34.77% | 11.57% |
Gross Profit Gross Profit Growth | 568.48 | 898.68 | 798.53 | 748.42 | 3,524 | 2,776 |
Operating Income Operating Income Growth | 510.48 | 473.89 | 406.47 | 292.98 | -24.4 | 369.55 |
Net Income Net Income Growth | 464.33 | 439.83 | 198.82 | 150.89 | -203.29 | 200.78 |
Earnings Per Share EPS Growth | 6.90 | 6.08 | 2.76 | 2.13 | -3.10 | 3.39 |
EPS Growth | 121.14% | 120.29% | 29.58% | - | - | -18.12% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 1,113 | 1,277 | 1,655 | 1,725 | 1,325 | 1,036 |
Small Commercial Small Commercial Growth | 291.75 | 333.41 | 493.71 | 513.37 | 378.52 | 270.21 |
Large Commercial Large Commercial Growth | 65.8 | 72.37 | 111.35 | 117.97 | 85.23 | 57.37 |
Industrial/Other Industrial/Other Growth | 41.78 | 44.94 | 63 | 75.22 | 50.89 | 42.31 |
Transportation Transportation Growth | 117.58 | 116.58 | 115.78 | 104.3 | 100.64 | 92.24 |
Alternative Revenue Program Alternative Revenue Program Growth | 139.1 | 86.59 | 23.06 | -52.37 | -18.48 | 13.18 |
Other Natural Gas Distribution Other Natural Gas Distribution Growth | 9.73 | 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 | 1,437 | 1,940 | 2,475 | 2,535 | 4,960 | 3,680 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 484.75 | 576.65 | 314.77 | 106.54 | 123.08 | 222.7 |
Total Debt Total Debt Growth | 3,509 | 3,508 | 4,184 | 5,281 | 5,991 | 6,322 |
Net Cash (Debt) Net Cash Growth | -3,024 | -2,931 | -3,870 | -5,174 | -5,868 | -6,099 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -41.77 | -40.52 | -53.72 | -72.89 | -89.44 | -102.93 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 426.94 | 556.08 | 1,356 | 509.21 | 407.46 | 111.38 |
Capital Expenditures CapEx Growth | -829.09 | -807.87 | -846.59 | -765.87 | -859.42 | -715.63 |
Free Cash Flow Free Cash Flow Growth | -402.15 | -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 | Mar '26 Mar 31, 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 |
Gross Margin | 39.55% | 46.31% | 32.26% | 29.53% | 71.05% | 75.44% |
Operating Margin | 35.52% | 24.42% | 16.42% | 11.56% | -0.49% | 10.04% |
Pretax Margin | 2.94% | 17.05% | 10.27% | 6.68% | -5.51% | 6.71% |
Profit Margin | 32.31% | 22.43% | 8.28% | 6.14% | -3.99% | 5.63% |
FCF Margin | -27.98% | -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 | Jul '26 Jul 29, 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 | 2.480 | 2.480 | 2.480 | 2.480 | 2.455 | 2.355 |
Dividend Per Share Growth | 2.02% | 0% | 0% | 1.02% | 4.25% | 4.44% |
Dividend Yield | 2.70% | 3.09% | 3.50% | 3.89% | 3.96% | 3.34% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 29, 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 | 14.31 | 13.16 | 25.62 | 29.74 | - | 20.66 |
Forward PE | 20.45 | 20.42 | 20.51 | 23.83 | 19.86 | 15.70 |
P/FCF Ratio | - | - | 9.97 | - | - | - |
PS Ratio | 3.76 | 2.98 | 2.05 | 1.79 | 0.84 | 1.15 |