Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	53.36	576.65	314.77	106.54	123.08	222.7
Accounts Receivable	159.82	272.2	299.61	979.55	954.35	792.03
Other Receivables	12.64	9.61	-	1.94	8.74	16.82
Inventory	92.39	93.82	93.76	83.4	77.3	62.9
Prepaid Expenses	126.83	177.76	81.08	83.03	100.31	131.84
Other Current Assets	218.64	62.05	73.74	605.28	706.37	388.49
Total Current Assets	663.69	1,192	1,464	1,881	3,708	1,615
Property, Plant & Equipment	9,290	8,704	8,119	8,638	8,169	8,761
Regulatory Assets	263.5	314.9	362.9	367.51	360.75	389.07
Goodwill	11.16	11.16	11.16	789.73	787.25	1,781
Long-Term Deferred Tax Assets	-	-	-	0.46	0.08	0.12
Long-Term Deferred Charges	117.74	41.96	32.84	46.5	35.19	69.47
Other Long-Term Assets	174.15	165.55	155.2	146.55	136.25	149.95
Total Assets	10,566	10,429	12,073	11,870	13,197	12,765

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	157.99	225.73	190.92	346.91	662.09	353.37
Accrued Expenses	37.29	35.32	35.67	94.66	105.65	84.44
Short-Term Debt	-	-	680	628.5	1,543	1,909
Current Portion of Long-Term Debt	32.5	75	-	42.55	44.56	297.32
Current Unearned Revenue	-	-	-	43.69	35.77	11.86
Current Portion of Leases	-	-	-	30.73	25.89	21.04
Current Income Taxes Payable	63.96	54.38	59.35	0.82	2.69	6.73
Other Current Liabilities	457.27	539.46	866.03	496.99	1,004	428.29
Total Current Liabilities	749.01	929.9	1,832	1,685	3,423	3,112
Long-Term Debt	3,499	3,433	3,504	4,610	4,403	4,116
Long-Term Leases	-	-	-	129.55	111.36	93.52
Long-Term Unearned Revenue	-	4.96	5.5	6.04	6.57	7.11
Long-Term Deferred Tax Liabilities	1,038	977.31	857.98	753	682.07	768.87
Other Long-Term Liabilities	1,178	1,123	2,184	1,272	1,352	1,517
Total Liabilities	6,464	6,468	8,384	8,455	9,979	9,615

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	74.1	73.85	73.41	73.19	68.75	62.05
Additional Paid-In Capital	2,916	2,899	2,721	2,542	2,287	1,824
Retained Earnings	1,122	1,023	758.65	738.84	747.07	1,114
Comprehensive Income & Other	-10.06	-34.55	-49.22	-43.79	-44.24	-46.76
Total Common Equity	4,102	3,961	3,504	3,310	3,059	2,954
Minority Interest	-	-	184.9	104.67	159.35	196.72
Shareholders' Equity	4,102	3,961	3,689	3,415	3,218	3,151
Total Liabilities & Equity	10,566	10,429	12,073	11,870	13,197	12,765

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3,532	3,508	4,184	5,441	6,128	6,437
Net Cash (Debt)	-3,478	-2,931	-3,870	-5,335	-6,005	-6,214
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-47.88	-40.52	-53.72	-75.15	-91.60	-104.86
Filing Date Shares Outstanding	72.48	72.27	71.82	71.6	67.15	60.45
Total Common Shares Outstanding	72.47	72.22	71.78	71.56	67.12	60.42
Working Capital	-85.32	262.19	-367.62	196.27	284.7	-1,497
Book Value Per Share	56.60	54.84	48.82	46.25	45.57	48.89
Tangible Book Value	4,045	3,950	3,493	2,520	2,272	1,172
Tangible Book Value Per Share	55.82	54.69	48.66	35.22	33.84	19.40
Machinery	12,078	11,162	10,516	9,747	9,064	10,409
Construction In Progress	400.86	236.87	178.65	200.55	244.75	202.07

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

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