Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet
Apr 24
U.S. Gas Utilities Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies14
- 7D4.3%
- 3M6.1%
- 1Y-6.8%
- YTDn/a
Over the last 7 days, the Gas Utilities industry has risen 5.2%, driven by gains from every company within the industry. However, the industry is down 4.7% over the past year. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.S. Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | US$55.5b | US$34.1b | US$2.2b | 16.8x | 25.6x | 1.6x |
| Sun, 24 Mar 2024 | US$54.2b | US$34.1b | US$2.2b | 16.4x | 25x | 1.6x |
| Tue, 20 Feb 2024 | US$52.7b | US$34.4b | US$1.8b | 15x | 29.1x | 1.5x |
| Thu, 18 Jan 2024 | US$56.2b | US$38.4b | US$1.5b | 15.4x | 38x | 1.5x |
| Sat, 16 Dec 2023 | US$57.7b | US$38.4b | US$1.5b | 16.2x | 39.1x | 1.5x |
| Mon, 13 Nov 2023 | US$53.5b | US$39.4b | US$1.6b | 14.4x | 33.5x | 1.4x |
| Wed, 11 Oct 2023 | US$51.0b | US$37.5b | US$684.8m | 17.2x | 74.5x | 1.4x |
| Fri, 08 Sep 2023 | US$52.1b | US$37.5b | US$684.8m | 18.1x | 76.1x | 1.4x |
| Sun, 06 Aug 2023 | US$53.9b | US$37.3b | US$638.0m | 19x | 84.5x | 1.4x |
| Tue, 04 Jul 2023 | US$54.4b | US$38.4b | US$1.5b | 18.9x | 36.6x | 1.4x |
| Thu, 01 Jun 2023 | US$54.4b | US$38.4b | US$1.5b | 19.9x | 36.7x | 1.4x |
| Sat, 29 Apr 2023 | US$56.2b | US$38.5b | US$2.4b | 19.6x | 23.7x | 1.5x |
| Mon, 27 Mar 2023 | US$55.5b | US$38.5b | US$2.4b | 19.4x | 23.4x | 1.4x |
| Wed, 22 Feb 2023 | US$57.5b | US$37.8b | US$2.7b | 20.9x | 21.3x | 1.5x |
| Fri, 20 Jan 2023 | US$56.7b | US$36.7b | US$3.4b | 19.3x | 16.5x | 1.5x |
| Sun, 18 Dec 2022 | US$56.1b | US$36.7b | US$3.4b | 18.7x | 16.3x | 1.5x |
| Tue, 15 Nov 2022 | US$55.5b | US$35.8b | US$3.7b | 20x | 15x | 1.5x |
| Thu, 13 Oct 2022 | US$51.2b | US$35.0b | US$3.6b | 17.9x | 14x | 1.5x |
| Sat, 10 Sep 2022 | US$59.4b | US$35.0b | US$3.6b | 20.6x | 16.3x | 1.7x |
| Mon, 08 Aug 2022 | US$58.7b | US$34.6b | US$3.7b | 20.6x | 16x | 1.7x |
| Wed, 06 Jul 2022 | US$57.4b | US$32.9b | US$3.6b | 21.2x | 16.1x | 1.7x |
| Fri, 03 Jun 2022 | US$61.9b | US$32.9b | US$3.6b | 22.4x | 17.4x | 1.9x |
| Sun, 01 May 2022 | US$57.4b | US$30.4b | US$3.1b | 22.1x | 18.6x | 1.9x |
| Tue, 29 Mar 2022 | US$57.4b | US$30.4b | US$3.1b | 22.6x | 18.6x | 1.9x |
| Thu, 24 Feb 2022 | US$56.7b | US$31.6b | US$3.6b | 17.1x | 15.6x | 1.8x |
| Sat, 22 Jan 2022 | US$57.4b | US$30.9b | US$3.8b | 17.4x | 15x | 1.9x |
| Mon, 20 Dec 2021 | US$57.5b | US$30.9b | US$3.8b | 18x | 15.1x | 1.9x |
| Wed, 17 Nov 2021 | US$56.6b | US$30.3b | US$3.4b | 18.1x | 16.9x | 1.9x |
| Fri, 15 Oct 2021 | US$48.9b | US$27.3b | US$3.1b | 18x | 15.8x | 1.8x |
| Sun, 12 Sep 2021 | US$48.6b | US$27.3b | US$3.1b | 17.9x | 15.8x | 1.8x |
| Tue, 10 Aug 2021 | US$51.7b | US$27.5b | US$3.1b | 19.3x | 16.6x | 1.9x |
| Mon, 03 May 2021 | US$51.0b | US$26.6b | US$3.1b | 17.2x | 16.3x | 1.9x |
Price to Earnings Ratio
16.3x
Current Industry PE
- Investors are relatively neutral on the American Gas Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 26.1x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Gas Utilities compare with similar industries?
| US Market | 0.97% | |
| Utilities | 3.93% | |
| Gas Utilities | 4.32% | |
| Gas Utilities | 4.32% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATO Atmos Energy | US$118.17 | 3.1% +US$543.0m | 2.8% | PE19.3x | |
| UGI UGI | US$25.73 | 8.2% +US$406.5m | -24.4% | PS0.7x | |
| NFG National Fuel Gas | US$54.90 | 5.6% +US$266.2m | -1.0% | PE11.5x | |
| BIPC Brookfield Infrastructure | US$31.63 | 5.8% +US$246.0m | -25.8% | PE40.8x | |
| SWX Southwest Gas Holdings | US$75.95 | 3.8% +US$198.4m | 34.8% | PE36.1x |
