SWX

Southwest Gas Holdings, Inc.
—

Company Information

Company Name
Southwest Gas Holdings, Inc.
CIK
CIK0001692115
Category
Large accelerated filer
Ticker: Exchange
SWX: NYSE
Fiscal Year End
December 31
Owner Organization
01 Energy & Transportation
SIC
4923
SIC Description
Natural Gas Transmisison & Distribution
Ticker
SWX

SEC filing data through

Insider Sentiment

Last purchase
2025-09-10
Last sale
2026-09-28
Shares purchased (TTM)
0
Shares sold (TTM)
5,528
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
65,740,738
Shares outstanding
72,516,000
Ownership
90.66%
+1.01% Y/Y

Earnings Market Reaction

Filing date
2026-08-05
Price on filing date
—
1-month reaction
-1.04%
3-month reaction
…
Drift continued5/11 (45%)
Faded / reversed6/11 (55%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Public Utilities Property Plant And Equipment Net
Public Utilities Property Plant And Equipment Accumulated Depreciation-3,155-3,113-3,063-3,025-2,984-2,953-2,914-2,937-2,897-2,864-2,823-2,780
Public Utilities Property Plant And Equipment Construction Work In Progress360260237231201176179243226245201273
Public Utilities Property Plant And Equipment Net9,0648,8078,6918,4968,3498,2138,1097,9587,7887,6347,5187,385
Assets Current
Cash And Cash Equivalents At Carrying Value271485577779356406315457600458107105
Accounts Receivable Net Current119169171111705694203673796843887903
Income Taxes Receivable13610-660710724
Deferred Gas Cost00500714940199553687
Materials Supplies And Other9694949191-94-----
Prepaid Expense And Other Assets Current319238235211217257141261240215219230
Assets Held For Sale Not Part Of Disposal Group Current------00002124
Assets Of Disposal Group Including Discontinued Operation Current--00--601-----
Assets Current8681,0581,1921,2431,4251,4321,4641,4551,7321,7801,8811,998
Assets Noncurrent
Goodwill1111111178778111788786787790787
Deferred Income Tax Assets Net----00332100
Other Assets Noncurrent351354357406484478396478442432414411
Disposal Group Including Discontinued Operation Assets Noncurrent--00--1,927-----
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment3623653684171,2701,2592,3341,2681,2301,2211,2041,198
Assets10,47510,40710,42910,32912,21412,07612,07311,87511,98511,88811,87011,836
Capitalization Longterm Debt And Equity
Common Stock Value747474747474737373737373
Additional Paid In Capital Common Stock2,9062,9012,8992,8932,8732,7272,7212,7152,7102,5472,5422,540
Accumulated Other Comprehensive Income Loss Net Of Tax-10-34-35-38-41-49-49-44-46-46-44-44
Retained Earnings Accumulated Deficit1,1561,1601,023999770827759711755782739669
Stockholders Equity4,1254,1023,9613,9293,6753,7513,6813,4553,4933,3563,3103,239
Minority Interest--00441173177177174-0-
Redeemable Noncontrolling Interest Equity Carrying Amount--00888888105145
Long Term Debt Noncurrent3,4103,4343,4333,5074,3974,3283,5044,3825,0644,6494,6105,236
Capitalization Longterm Debt And Equity7,5357,5367,3947,4368,5208,0877,1948,0228,7388,0138,0258,619
Liabilities Current
Long Term Debt Current1007575-282903031434342
Short Term Borrowings--0026069068066311164462958
Accounts Payable Current116122226119255253191227264265347255
Contract With Customer Liability Current676867676766646157534847
Accrual For Taxes Other Than Income Taxes Current527954595187596464975876
Interest Payable Current353835394039364537403747
Deferred Gas Purchases Current287248310356349289255189121-0-
Dividends Payable Current004545--45-----
Other Liabilities Current121100117113361347119422408577523527
Liabilities Of Disposal Group Including Discontinued Operation Current--08--383---00
Liabilities Current7777309308051,4151,8071,8321,7031,0961,7191,6851,053
Other Liabilities Noncurrent
Other Accrued Liabilities Noncurrent513504496490486479472465463457458454
Deferred Credits And Other Liabilities Noncurrent610615632692866866701894896915950968
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent--00--1,017-----
Other Liabilities Noncurrent2,1632,1412,1052,0882,2792,1823,0472,1502,1512,1562,1612,164
Liabilities And Stockholders Equity10,47510,40710,42910,32912,21412,07612,07311,87511,98511,88811,87011,836
Common Stock Par Or Stated Value Per Share1.001.001.001.001.001.001.001.001.001.001.001.00
Common Stock Shares Authorized120120120120120120120120120120120120
Common Stock Shares Issued727272727272727272727272
Shares Outstanding727272727272727272727272

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Southwest Gas Holdings, Inc. (SWX) — SEC Financial Statements & Analysis

Southwest Gas Holdings, Inc. (SWX) is a natural gas transmisison & distribution company, incorporated in DE. Southwest Gas Holdings, Inc. trades on NYSE as: SWX. Southwest Gas Holdings, Inc. (SWX)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05. Based on that filing, Southwest Gas Holdings, Inc. carries a market cap of $6.39B, a P/E ratio of 11.68x, a P/B ratio of 1.55x, a P/S ratio of 4.62x, an enterprise value of $9.63B, and an EV/EBITDA multiple of 11.39x. On profitability, it posts a gross margin of -190.25%, an operating margin of 36.11%, a net margin of 39.53%, a Return on Equity (ROE) of 14.02%, a Return on Assets (ROA) of 4.82%, and a Return on Invested Capital (ROIC) of 4.94%. Per share, it reports EPS of $7.54, diluted EPS of $7.52, free cash flow per share of $-4.28, and a dividend per share of $4.34. Over the trailing year, it posted revenue growth of 61.76% year-over-year, net income growth of 228.37% year-over-year, and EPS growth of 226.43% year-over-year. On the balance sheet, it maintains a current ratio of 1.12x, a quick ratio of 0.71x, working capital of $90.52M, a debt-to-equity ratio of 0.19x, a debt ratio of 0.07, an interest coverage ratio of 2.70x, free cash flow of $-310.55M (TTM), and net debt of $3.24B. Figures sourced from SEC EDGAR.

Market Cap
$6.39B
P/E TTM
11.68x
EPS TTM
$7.54
P/B TTM
1.55x
ROE TTM
14.02%
ROA TTM
4.82%
Debt To Equity
0.19x
Free Cash Flow TTM
$-310.55M
Net Revenue TTM Growth 1Y
61.76%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Southwest Gas Holdings, Inc. in?

Southwest Gas Holdings, Inc. (SWX) operates in the Natural Gas Transmisison & Distribution industry.

What exchange does SWX trade on?

Southwest Gas Holdings, Inc. (SWX) trades on the NYSE.

Where is Southwest Gas Holdings, Inc. incorporated?

Southwest Gas Holdings, Inc. is incorporated in DE.

When was Southwest Gas Holdings, Inc. (SWX)'s most recent SEC filing?

Southwest Gas Holdings, Inc. (SWX)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05.

What is SWX's market cap?

Southwest Gas Holdings, Inc. (SWX) has a market capitalization of $6.39B as of 2026-06-30.

What is SWX's P/E ratio?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month P/E ratio is 11.68x as of 2026-06-30.

What is SWX's EPS (earnings per share)?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month EPS is $7.54 as of 2026-06-30.

What is SWX's ROE (return on equity)?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month Return on Equity (ROE) is 14.02% as of 2026-06-30.

What is SWX's ROA (return on assets)?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month Return on Assets (ROA) is 4.82% as of 2026-06-30.

What is SWX's ROIC (return on invested capital)?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month Return on Invested Capital (ROIC) is 4.94% as of 2026-06-30.

What is SWX's EV/EBITDA?

Southwest Gas Holdings, Inc. (SWX)'s trailing twelve month EV/EBITDA is 11.39x as of 2026-06-30.

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