Southwest Gas Holdings, Inc. SWX

Latest FY: 2025 Utilities Utilities - Regulated Gas
Market Price $92.66
Market Cap $6.67B
P/E Ratio 15.24
Quick Peer Compare (Utilities):
Revenue (FY 2025) ↓-108.4% YoY
-$203.08M
Full year reported
Net Income ↑121.2% YoY
$439.83M
Net Margin: -216.6%
Free Cash Flow ↓-161.4% YoY
-$251.79M
FCF Yield: -3.77%
EPS (Diluted) ↑120.3% YoY
$6.08
Basic: $6.09
Return on Equity Efficiency
11.1%
ROA: 187.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (SWX)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $2,362.4M $295.7M $152.0M $3.18 $67.4M $-462.1M
FY 2017 $2,451.6M +3.8% $323.7M $193.8M +27.5% $4.04 +27.0% $370.0M $-253.7M +45.1%
FY 2018 $1,522.3M -37.9% $-81.7M $182.3M -6.0% $3.68 -8.9% $528.9M $-237.1M +6.6%
FY 2019 $1,751.0M +15.0% $-187.9M $213.9M +17.4% $3.94 +7.1% $500.4M $-437.8M -84.7%
FY 2020 $1,948.3M +11.3% $-390.3M $232.3M +8.6% $4.14 +5.1% $626.1M $-199.0M +54.5%
FY 2021 $1,497.8M -23.1% $-457.7M $200.8M -13.6% $3.39 -18.1% $111.4M $-604.2M -203.6%
FY 2022 $4,960.0M +231.2% $2,430.7M $-203.3M -201.3% $-3.10 -191.4% $407.5M $-452.0M +25.2%
FY 2023 $5,434.0M +9.6% $2,816.6M $150.9M +174.2% $2.13 +168.7% $509.2M $-363.3M +19.6%
FY 2024 $2,415.1M -55.6% $483.8M $198.8M +31.8% $2.76 +29.6% $1,355.8M $409.9M +212.8%
FY 2025 $-203.1M -108.4% $439.8M +121.2% $6.08 +120.3% $556.1M $-251.8M -161.4%
$

Valuation

Market Price $92.66
Market Cap $6.67B
Enterprise Value $9.61B
P/E Ratio 15.24
P/B Ratio 1.69
FCF Yield -3.77%
Dividend Yield 2.68%
Shares Outstanding 72,374,900
%

Profitability & Margins

Gross Margin N/A
Operating Margin -233.35%
Net Margin -216.58%
Return on Equity (ROE) 11.10%
Return on Assets (ROA) 187.48%
Asset Turnover -0.87x
Revenue 3-Yr CAGR N/A
🛡️

Financial Health & Liquidity

Current Ratio 0.25
Cash Ratio 0.62
Debt / Equity 0.886
Debt / Assets 14.953
Cash & Equivalents $576.64M
Total Debt $3.51B
Book Value / Share $54.73
💧

Cash Flow Efficiency

Operating Cash Flow $556.08M
Capital Expenditures (CapEx) $807.87M
Free Cash Flow -$251.79M
OCF / Revenue -273.82%
FCF / Revenue 123.99%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $6.08
EPS (Basic) $6.09
Dividends / Share $2.48
Book Value / Share $54.73
EPS YoY Growth 120.29%
🏛️

Balance Sheet (FY 2025)

Total Assets $234.60M
Total Liabilities $929.90M
Stockholders' Equity $3.96B
Current Assets $234.60M
Current Liabilities $929.90M