Southwest Gas Holdings, Inc.

NYSE:SWX Stock Report

Market Cap: US$5.0b

Southwest Gas Holdings Past Earnings Performance

Past criteria checks 2/6

Southwest Gas Holdings's earnings have been declining at an average annual rate of -23.7%, while the Gas Utilities industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 14.2% per year. Southwest Gas Holdings's return on equity is 5.1%, and it has net margins of 3.4%.

Key information

-23.7%

Earnings growth rate

-28.2%

EPS growth rate

Gas Utilities Industry Growth10.0%
Revenue growth rate14.2%
Return on equity5.1%
Net Margin3.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Southwest Gas Holdings, Inc.'s (NYSE:SWX) Shares Lagging The Industry But So Is The Business

Dec 06
Southwest Gas Holdings, Inc.'s (NYSE:SWX) Shares Lagging The Industry But So Is The Business

The Southwest Gas Holdings, Inc. (NYSE:SWX) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 09
The Southwest Gas Holdings, Inc. (NYSE:SWX) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Southwest Gas: Dividend Aristocrat With Big Upside Potential

Oct 16

Calculating The Intrinsic Value Of Southwest Gas Holdings, Inc. (NYSE:SWX)

Sep 09
Calculating The Intrinsic Value Of Southwest Gas Holdings, Inc. (NYSE:SWX)

Southwest Gas Holdings, Inc. Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next

Aug 09
Southwest Gas Holdings, Inc. Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next

Is Southwest Gas Holdings (NYSE:SWX) A Risky Investment?

Aug 02
Is Southwest Gas Holdings (NYSE:SWX) A Risky Investment?

Southwest Gas Holdings: Hold, 'What A Long, Strange Trip It's Been'

Jun 24

Southwest Gas Holdings, Inc.'s (NYSE:SWX) Share Price Is Matching Sentiment Around Its Revenues

Jun 21
Southwest Gas Holdings, Inc.'s (NYSE:SWX) Share Price Is Matching Sentiment Around Its Revenues

A Look At The Intrinsic Value Of Southwest Gas Holdings, Inc. (NYSE:SWX)

May 31
A Look At The Intrinsic Value Of Southwest Gas Holdings, Inc. (NYSE:SWX)

Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Apr 24
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Southwest Gas Holdings, Inc. (NYSE:SWX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Mar 08
Southwest Gas Holdings, Inc. (NYSE:SWX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Southwest Gas Holdings Could Face A Customer Uprising

Feb 21

Southwest Gas Holdings: Bottom Line Recovers, But Dilution Continues

Dec 18

Southwest Gas Q3: Improved Financial Performance But No Significant Future Growth Prospects

Nov 27

Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High

Sep 12

Southwest Gas: Reasonable Total Return And A Growing Service Area

Jul 03

Southwest Gas declares $0.62 dividend

Feb 24

Southwest Gas: A High Valuation With Limited Growth Ahead, Bearish Chart

Jan 30

Activist Corvex adds Southwest Gas, exits Zendesk

Nov 14

Southwest Gas appoints Robert Stefani as new CFO

Nov 07

Southwest Gas Grapples With Strategic Review And I See Limited Upside

Sep 16

Revenue & Expenses Breakdown

How Southwest Gas Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SWX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,210179-170
30 Jun 245,300182-180
31 Mar 245,412193-200
31 Dec 235,434151-200
30 Sep 235,487-203-150
30 Jun 235,443-218-100
31 Mar 235,296-254-40
31 Dec 224,960-20310
30 Sep 224,62414740
30 Jun 224,38714870
31 Mar 224,062180110
31 Dec 213,680201140
30 Sep 213,510234160
30 Jun 213,413264170
31 Mar 213,348277190
31 Dec 203,299232200
30 Sep 203,233220190
30 Jun 203,167208180
31 Mar 203,123192160
31 Dec 193,120214150
30 Sep 193,058192170
30 Jun 193,001199180
31 Mar 192,959198200
31 Dec 182,880182210
30 Sep 182,834209210
30 Jun 182,759207300
31 Mar 182,648204250
31 Dec 172,549194190
30 Sep 172,450163150
30 Jun 172,39715500
31 Mar 172,38414600
31 Dec 162,460152200
30 Sep 162,50415300
30 Jun 162,47014600
31 Mar 162,46114200
31 Dec 152,46413800
30 Sep 152,406131-10
30 Jun 152,333138-10
31 Mar 152,24814200
31 Dec 142,12214100
30 Sep 142,03214010
30 Jun 141,98713510
31 Mar 141,94613510

Quality Earnings: SWX has high quality earnings.

Growing Profit Margin: SWX became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SWX's earnings have declined by 23.7% per year over the past 5 years.

Accelerating Growth: SWX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SWX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Gas Utilities industry (4.1%).

Return on Equity

High ROE: SWX's Return on Equity (5.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 01:37
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Southwest Gas Holdings, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Ishan MajumdarBaptista Research
Jim HarmonBarclays