Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	6,630	5,779	5,076	4,534	4,153	4,233
Market Cap Growth	17.43%	13.86%	11.96%	9.16%	-1.87%	21.82%
Enterprise Value	9,869	8,711	9,130	9,813	10,180	10,529
Last Close Price	91.51	80.02	70.71	63.35	61.88	70.05

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	23.32	13.16	25.62	29.74	-	20.66
Forward PE	18.95	20.42	20.51	23.83	19.86	15.70
PEG Ratio	1.37	1.66	2.50	4.63	6.62	3.29
PS Ratio	3.81	2.98	2.05	1.79	0.84	1.15
PB Ratio	1.61	1.46	1.38	1.37	1.36	1.43
P/TBV Ratio	1.61	1.47	1.39	1.78	1.79	3.54
P/FCF Ratio	-	-	9.97	-	-	-
P/OCF Ratio	14.84	10.39	3.74	8.90	10.19	38.00

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	5.67	4.49	3.69	3.87	2.05	2.86
EV/EBITDA Ratio	12.71	10.83	12.87	16.68	22.82	14.22
EV/EBIT Ratio	19.76	18.38	22.46	33.49	-	28.49
EV/FCF Ratio	-	-	17.93	-	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.83	0.87	1.13	1.53	1.85	1.91
Debt / EBITDA Ratio	4.52	4.36	5.90	8.97	13.43	8.54
Debt / FCF Ratio	-	-	8.22	-	-	-
Net Debt / Equity Ratio	0.79	0.74	1.05	1.56	1.92	2.07
Net Debt / EBITDA Ratio	4.17	3.64	5.45	8.79	13.15	8.24
Net Debt / FCF Ratio	-6.71	-11.64	7.60	-20.16	-12.98	-10.09
Asset Turnover	0.03	0.17	0.21	0.20	0.38	0.34
Quick Ratio	0.58	0.92	0.34	0.65	0.32	0.33
Current Ratio	1.12	1.28	0.80	1.12	1.08	0.52
Return on Equity (ROE)	12.78%	11.38%	5.77%	4.69%	-6.21%	6.92%
Return on Assets (ROA)	3.29%	2.99%	2.95%	1.93%	-0.14%	2.89%
Return on Invested Capital (ROIC)	4.75%	4.66%	4.38%	2.74%	-0.19%	4.17%
Return on Capital Employed (ROCE)	5.20%	4.80%	3.98%	2.94%	-0.25%	4.23%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	8.25%	7.60%	3.90%	3.36%	-	4.84%
FCF Yield	-	-	10.03%	-	-	-
Dividend Yield	2.82%	3.09%	3.50%	3.89%	3.96%	3.34%
Payout Ratio	34.22%	40.59%	89.34%	115.70%	-78.98%	68.84%
Buyback Yield / Dilution	-0.54%	-0.42%	-1.47%	-8.22%	-10.70%	-5.68%
Total Shareholder Return	2.27%	2.67%	2.03%	-4.32%	-6.75%	-2.34%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Aug 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error