Southwest Gas Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 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
Market Cap	6,776	5,779	5,076	4,534	4,153	4,233
Market Cap Growth	30.89%	13.86%	11.96%	9.16%	-1.87%	21.82%
Enterprise Value	9,717	8,636	9,130	9,770	10,136	10,231
Last Close Price	93.64	80.02	70.71	63.35	61.88	70.05
PE Ratio	15.40	13.16	25.62	29.74	-19.96	20.66
Forward PE	21.97	19.94	20.51	23.83	19.86	15.70
PEG Ratio	1.77	1.62	2.50	4.63	6.62	3.29
PS Ratio	3.50	2.98	2.05	1.79	0.84	1.15
PB Ratio	1.68	1.46	1.38	1.37	1.36	1.43
P/TBV Ratio	1.71	1.46	1.38	1.36	1.33	1.41
P/FCF Ratio	-	-22.95	9.97	-17.66	-9.19	-7.00
P/OCF Ratio	12.20	10.39	3.74	8.90	10.19	38.00
EV/Sales Ratio	5.01	4.45	3.69	3.85	2.04	2.78
EV/EBITDA Ratio	11.82	10.73	12.87	16.60	22.72	13.82
EV/EBIT Ratio	19.78	18.22	22.46	33.35	-415.43	27.69
EV/FCF Ratio	-	-34.30	17.93	-38.07	-22.43	-16.93
Debt / Equity Ratio	0.87	0.87	1.13	1.53	1.85	1.91
Debt / EBITDA Ratio	4.27	4.36	5.90	8.97	13.43	8.54
Debt / FCF Ratio	-13.93	-13.93	8.22	-20.57	-13.25	-10.46
Net Debt / Equity Ratio	0.74	0.74	1.05	1.56	1.92	2.07
Net Debt / EBITDA Ratio	3.57	3.64	5.45	8.79	13.15	8.24
Net Debt / FCF Ratio	-11.64	-11.64	7.60	-20.16	-12.98	-10.09
Asset Turnover	0.29	0.17	0.21	0.20	0.38	0.34
Quick Ratio	0.92	0.92	0.34	0.65	0.32	0.33
Current Ratio	1.28	1.28	0.80	1.12	1.08	0.52
Return on Equity (ROE)	11.38%	11.38%	5.77%	4.69%	-6.21%	6.92%
Return on Assets (ROA)	2.42%	2.99%	2.95%	1.93%	-0.14%	2.89%
Return on Invested Capital (ROIC)	2.59%	3.20%	3.10%	2.05%	-0.14%	3.03%
Return on Capital Employed (ROCE)	4.98%	4.80%	3.98%	2.94%	-0.25%	4.23%
Earnings Yield	6.48%	7.60%	3.90%	3.36%	-5.01%	4.84%
FCF Yield	-3.71%	-4.36%	10.03%	-5.66%	-10.88%	-14.28%
Dividend Yield	2.65%	3.09%	3.50%	3.89%	3.96%	3.34%
Payout Ratio	41.20%	40.59%	89.34%	115.70%	-78.98%	68.84%
Buyback Yield / Dilution	-0.42%	-0.42%	-1.47%	-8.22%	-10.70%	-5.68%
Total Shareholder Return	2.23%	2.67%	2.03%	-4.32%	-6.75%	-2.34%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q