Southwest Gas logo

Southwest Gas

SWX
Last price US$93.07
Market cap US$6.7b
12M price change 18.71%
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Southwest Gas Overview

Industry: Utilities Regulated Gas

Sector: Utilities

Southwest Gas Holdings, Inc. , through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada. Southwest Gas Holdings, Inc. , through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and Read More

Mavefund brings filings, fundamentals, valuation, price history and news for Southwest Gas into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed May 05, 2026

Quarterly result summary

Revenue was $585.1M (-22% YoY). Net loss was -$20.4M. Net income was $5.2M.

Revenue $585.1M -22% YoY
Net loss -$20.4M reported
Net income $5.2M reported

What changed

  • Revenue -22% YoY to $585.1M.

Guidance / outlook

We expect new rates to become effective April 2027 and we are also requesting to transition cost recovery to a formula rate model with an Annual Rate Adjustment Mechanism; • Southwest Gas filed a Nevada general rate case requesting to increase revenues by approximately $71 million to reflect the investments we made to serve our customers.

Earnings release Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 3.00/5
Southwest Gas boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes Otter Tail Corporation Sempra Energy Genie Energy Ltd.
In Utilities Regulated Gas industry , Atmos Energy Corporation , New Jersey Resources , Chesapeake Utilities are companies with high ratings.

Return on Equity

Score 1.68/5
Southwest Gas exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include Otter Tail Corporation Sempra Energy Genie Energy Ltd.
Southwest Ga... SWX US$6.7b
Otter Tail C... OTTR US$3.7b
Sempra Energ... SRE US$61.6b
Genie Energy... GNE US$366.8m

Net Margin

Score 1.42/5
Southwest Gas olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include Otter Tail Corporation Sempra Energy Genie Energy Ltd.
Southwest Ga... SWX US$6.7b
Otter Tail C... OTTR US$3.7b
Sempra Energ... SRE US$61.6b
Genie Energy... GNE US$366.8m

Share Buyback

In Utilities Regulated Gas industry , Atmos Energy Corporation , New Jersey Resources , Chesapeake Utilities are companies with high ratings.

Leverage

Score 2.05/5
Southwest Gas registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Otter Tail Corporation Sempra Energy Genie Energy Ltd. have achieved high scores.
Southwest Ga... SWX US$6.7b
Otter Tail C... OTTR US$3.7b
Sempra Energ... SRE US$61.6b
Genie Energy... GNE US$366.8m

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

Southwest Gas logo

Southwest Gas

US$93.07

US$6.7b

1.10%

18.71%