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SWX · Southwest Gas Holdings, Inc. · Financials

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Market Cap
$6.24B
Shares
72.45M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$5.43B +9.6%
FY2023 Revenue FY2015–FY2023
Net Income
$439.83M +121.2%
FY2025 Net Income FY2015–FY2025
Gross Margin
51.83% +2.8pp
FY2023 Gross Margin FY2016–FY2023
Operating Margin
5.39% +5.9pp
FY2023 Operating Margin FY2015–FY2023
Diluted EPS
$6.08 +120.3%
FY2025 Diluted EPS FY2015–FY2025
Operating Cash Flow
$556.08M -59%
FY2025 Operating Cash Flow FY2015–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015
$5.21B $5.43B $4.96B $3.68B $3.3B $3.12B $2.88B $2.55B $2.46B $2.36B
$1.82B $2.42B $2.62B $2.53B $1.96B $1.73B $1.57B $1.39B $1.15B $1.02B
$2.83B $2.82B $2.43B $1.72B $1.57B $1.55B $1.49B $1.4B $1.44B
51.83% 49.01% 46.87% 47.58% 49.57% 51.82% 54.92% 58.37%
$26.6M $26.7M $29.8M $17.3M $10.8M $10.7M $7.6M $4.1M $3.2M
$345.54M $330.72M $303.1M $295.46M $470.46M $371.04M $332.03M $303.24M $249.21M $250.95M $289.13M $270.11M
$1.24B $1.47B $2.07B $2.24B $4.98B $3.31B $2.88B $2.75B $2.52B $2.21B $2.15B $2.18B
$499.35M $473.89M $406.47M $292.98M -$24.4M $369.55M $423M $371.81M $357.43M $343.12M $315.47M $288.33M
5.39% -0.49% 10.04% 12.82% 11.92% 12.41% 13.46% 12.82% 12.22%
$844.89M $804.61M $709.57M $588.44M $446.06M $740.59M $755.03M $675.05M $606.65M $594.08M $604.61M $558.44M
$290.76M $297.04M $292.29M $242.75M $119.2M $111.48M $109.23M $96.67M $78.06M $73.66M $71.88M
-$130M -$143.01M -$152.34M -$123.57M -$248.94M -$122.7M -$118.27M -$99.14M -$114.1M -$84.09M -$83.95M -$69M
$0 $0 $394K
$369.35M $330.87M $254.14M $169.4M -$273.34M $246.85M $304.74M $272.67M $243.34M $259.03M $231.52M $219.33M
$87.57M $96.04M $33.16M $29.41M -$75.65M $39.65M $65.75M $56.02M $61.68M $65.09M $78.47M $79.9M
$546.61M $439.83M $198.82M $150.89M -$203.29M $200.78M $232.32M $213.94M $182.28M $193.84M $152.04M $138.32M
2.78% -4.1% 5.46% 7.04% 6.86% 6.33% 7.61% 6.18% 5.86%
-$2.52M -$4.65M $6.02M $4.63M $5.61M $6.42M $6.66M $2.71M -$625K $101K $1.01M $1.11M
$573.68M $448.55M $192.18M $151.34M -$200.77M $215.02M $228.05M $209.87M $186.59M $194.17M $154.3M $138.22M
USD/shares $7.56 $6.09 $2.77 $2.13 -$3.10 $3.39 $4.15 $3.94 $3.69 $4.04 $3.20 $2.94
USD/shares $7.55 $6.08 $2.76 $2.13 -$3.10 $3.39 $4.14 $3.94 $3.68 $4.04 $3.18 $2.92
shares 72.16M 71.84M 70.79M 65.56M 59.15M 56M 54.25M 49.42M 47.97M 47.47M 46.99M
shares 72.34M 72.03M 70.99M 65.56M 59.26M 56.08M 54.31M 49.48M 47.99M 47.81M 47.38M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2015–FY2025: $1.42B in dividends.

Debt Profile

Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.

Debt data is being processed. Please check back later.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
Peer median 3.59×
EV/EBIT
18.98×
Peer median 17.34×
P/E (TTM)
11.41×
Peer median 18.01×

Peer medians compare against the 12 similar-size Utilities - Regulated Gas companies (of 14 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2023 FY2023 FY2023 FY2023 FY2022 FY2022 FY2022 FY2022
Utility Infrastructure Services Segment $2,782,845,000 $2,881,697,000 $2,857,968,000 $2,889,743,000 $2,625,669,000 $2,495,169,000 $2,379,265,000 $2,212,087,000
Natural Gas Distribution Segment $2,536,079,000 $2,373,992,000 $2,283,333,000 $2,173,409,000 $1,935,069,000 $1,809,639,000 $1,761,543,000 $1,676,397,000
Pipeline and Storage Segment $35,132,000 $107,486,000 $170,664,000 $232,752,000 $264,613,000 $192,259,000 $129,081,000 $66,993,000
Key facts CIK 1692115 CUSIP 844895102 13F (30d) 110 filings 109 filers Visit website Investor relations