Southwest Gas plans $6.3B in capital investments through 2030, targeting 9.5-11.5% annual rate-base growth and 12-14% adjusted EPS rise.
Southwest Gas is executing a significant deleveraging and rate base expansion program, with debt-to-equity improving from 1.59 in 2024Q1 to 0.85 in 2026Q2 and equity growing 20.6% to $4.1B. However, aggressive capex ($529.1M in 2026Q2) and volatile earnings—in...
Price trend, volume and key moving averages
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $0.58+28.6% vs $0.45 | $358M-13.9% vs $416M |
Q2 2026 May 5, 2026 | $1.91+1.6% vs $1.88 | $585M-15.9% vs $696M |
Q1 2026 Feb 25, 2026 | $1.36-2.9% vs $1.40 | $481M-18.1% vs $587M |
Q4 2025 Nov 5, 2025 | $3.74+4055.6% vs $0.09 | $317M-58.3% vs $759M |
Southwest Gas plans $6.3B in capital investments through 2030, targeting 9.5-11.5% annual rate-base growth and 12-14% adjusted EPS rise.
The heavy selling pressure might have exhausted for Southwest Gas (SWX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
California State Teachers Retirement System grew its holdings in Southwest Gas Corporation (NYSE: SWX) by 8,513.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,575,179 shares of the utilities provider's stock after buying an additional 6,498,843 shares during the period. California State
Report highlights sustainability in action through investments that strengthen safety and reliability, improve customer experience, and support communities LAS VEGAS, Sept. 8, 2026 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or "Company") has released its 2025 Sustainability Report ("2025 Report"), "Fueling Communities.

Benchmark SWX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Southwest Gas Holdings, Inc. (SWX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $82.69 | $5.98B | 13.60 | -62.05% | 22.67% | 11.5% | 2.98% | |
| $51.59 | $5.21B | 15.49 | 13.94% | 16.38% | 14.42% | — | |
| $77.54 | $4.58B | 17.74 | -4.5% | 21.62% | 21.39% | — | |
| $47.38 | $1.99B | 17.10 | 11.83% | 9.75% | 8.34% | — | |
| $157.17 | $26.23B | 21.07 | 12.91% | 28.5% | 9.67% | — | |
| $101.59 | $33.09B | 21.03 | 13.96% | 16.69% | 11.84% | — |
Southwest Gas Holdings, Inc. (SWX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Southwest Gas Holdings, Inc. (SWX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
May 11, 2026·SEC
May 5, 2026·SEC
Get notified when SWX posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Southwest Gas Holdings, Inc. (SWX) stock FAQ — growth, dividends, profitability & financials explained
Southwest Gas Holdings, Inc. (SWX) reported $1.74B in revenue for fiscal year 2025. This represents a 170% increase from $644.1M in 1996.
Southwest Gas Holdings, Inc. (SWX) saw revenue decline by 62.0% over the past year.
Yes, Southwest Gas Holdings, Inc. (SWX) is profitable, generating $519.3M in net income for fiscal year 2025 (22.7% net margin).
Yes, Southwest Gas Holdings, Inc. (SWX) pays a dividend with a yield of 2.98%. This makes it attractive for income-focused investors.
Southwest Gas Holdings, Inc. (SWX) has a return on equity (ROE) of 11.5%. This is reasonable for most industries.
Southwest Gas Holdings, Inc. (SWX) had negative free cash flow of $102.0M in fiscal year 2025, likely due to heavy capital investments.
Southwest Gas Holdings, Inc. (SWX) has a dividend payout ratio of 41%. This suggests the dividend is well-covered and sustainable.