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Southwest Gas Holdings

DB:SZR
Snowflake Description

Established dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SZR
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The last earnings update was 49 days ago. More info.


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SZR Share Price and Events
7 Day Returns
-0.2%
DB:SZR
-3%
Europe Gas Utilities
2.5%
DE Market
1 Year Returns
28.9%
DB:SZR
10.8%
Europe Gas Utilities
-6.7%
DE Market
SZR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Southwest Gas Holdings (SZR) -0.2% -0.6% 6.2% 28.9% 29.7% 86.4%
Europe Gas Utilities -3% 0.3% 4.3% 10.8% 36.4% 27.8%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • SZR outperformed the Gas Utilities industry which returned 10.8% over the past year.
  • SZR outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
SZR
Industry
5yr Volatility vs Market

SZR Value

 Is Southwest Gas Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Southwest Gas Holdings. This is due to cash flow or dividend data being unavailable. The share price is €72.29.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Southwest Gas Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Southwest Gas Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SZR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $3.69
NYSE:SWX Share Price ** NYSE (2019-04-18) in USD $82.25
Europe Gas Utilities Industry PE Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 17.85x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Southwest Gas Holdings.

DB:SZR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SWX Share Price ÷ EPS (both in USD)

= 82.25 ÷ 3.69

22.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southwest Gas Holdings is overvalued based on earnings compared to the Europe Gas Utilities industry average.
  • Southwest Gas Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Southwest Gas Holdings's expected growth come at a high price?
Raw Data
DB:SZR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
9.1%per year
Global Gas Utilities Industry PEG Ratio Median Figure of 29 Publicly-Listed Gas Utilities Companies 2.47x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:SZR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.3x ÷ 9.1%

2.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southwest Gas Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Southwest Gas Holdings's assets?
Raw Data
DB:SZR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $42.47
NYSE:SWX Share Price * NYSE (2019-04-18) in USD $82.25
Europe Gas Utilities Industry PB Ratio Median Figure of 9 Publicly-Listed Gas Utilities Companies 1.82x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:SZR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SWX Share Price ÷ Book Value per Share (both in USD)

= 82.25 ÷ 42.47

1.94x

* Primary Listing of Southwest Gas Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southwest Gas Holdings is overvalued based on assets compared to the Europe Gas Utilities industry average.
X
Value checks
We assess Southwest Gas Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. Southwest Gas Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SZR Future Performance

 How is Southwest Gas Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Southwest Gas Holdings expected to grow at an attractive rate?
  • Southwest Gas Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Southwest Gas Holdings's earnings growth is positive but not above the Germany market average.
  • Southwest Gas Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SZR Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SZR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 9.1%
DB:SZR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -14.1%
Europe Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 39.9%
Europe Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SZR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SZR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,750 310 1
2022-12-31 1,650 660 261 2
2021-12-31 1,561 619 243 3
2020-12-31 1,499 588 227 3
2019-12-31 1,424 541 206 3
DB:SZR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 2,880 529 182
2018-09-30 2,834 478 209
2018-06-30 2,759 419 207
2018-03-31 2,648 389 204
2017-12-31 2,549 370 194
2017-09-30 2,450 422 163
2017-06-30 2,397 382 155
2017-03-31 2,384 448 146
2016-12-31 2,460 601 152
2016-09-30 2,504 613 153
2016-06-30 2,470 630 146
2016-03-31 2,461 639 142

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Southwest Gas Holdings's earnings are expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).
  • Southwest Gas Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SZR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Southwest Gas Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SZR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 5.51 5.51 5.51 1.00
2022-12-31 5.03 5.03 5.03 1.00
2021-12-31 4.58 4.66 4.51 2.00
2020-12-31 4.23 4.34 4.15 4.00
2019-12-31 3.90 3.95 3.85 6.00
DB:SZR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 3.69
2018-09-30 4.28
2018-06-30 4.27
2018-03-31 4.23
2017-12-31 4.04
2017-09-30 3.42
2017-06-30 3.26
2017-03-31 3.07
2016-12-31 3.20
2016-09-30 3.22
2016-06-30 3.08
2016-03-31 3.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Southwest Gas Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Southwest Gas Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Southwest Gas Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SZR Past Performance

  How has Southwest Gas Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Southwest Gas Holdings's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Southwest Gas Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Southwest Gas Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Southwest Gas Holdings's 1-year earnings growth is negative, it can't be compared to the Europe Gas Utilities industry average.
Earnings and Revenue History
Southwest Gas Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Southwest Gas Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SZR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,880.01 182.28 21.06
2018-09-30 2,833.79 209.44 1.23
2018-06-30 2,758.80 207.31
2018-03-31 2,648.39 203.62
2017-12-31 2,548.79 193.84 19.42
2017-09-30 2,449.88 162.56 14.57
2017-06-30 2,396.70 154.82
2017-03-31 2,383.98 145.90
2016-12-31 2,460.49 152.04 19.76
2016-09-30 2,504.37 152.98
2016-06-30 2,469.80 145.77
2016-03-31 2,460.65 141.78
2015-12-31 2,463.63 138.32
2015-09-30 2,405.90 130.94 -1.10
2015-06-30 2,332.98 137.65 -1.10
2015-03-31 2,247.53 142.33 -0.50
2014-12-31 2,121.71 141.13
2014-09-30 2,032.38 139.68 1.10
2014-06-30 1,987.25 134.85 1.10
2014-03-31 1,945.67 135.33 0.50
2013-12-31 1,950.78 145.32
2013-09-30 1,900.99 150.41
2013-06-30 1,885.44 148.97
2013-03-31 1,883.64 135.19
2012-12-31 1,927.78 133.33
2012-09-30 1,956.86 126.26
2012-06-30 1,937.66 114.93

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Southwest Gas Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Southwest Gas Holdings used its assets less efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
  • Southwest Gas Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Southwest Gas Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Southwest Gas Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SZR Health

 How is Southwest Gas Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Southwest Gas Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Southwest Gas Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Southwest Gas Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Southwest Gas Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Southwest Gas Holdings Company Filings, last reported 3 months ago.

DB:SZR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,333.42 2,292.32 85.36
2018-09-30 1,945.78 2,188.57 69.17
2018-06-30 1,932.57 2,092.17 34.73
2018-03-31 1,876.38 2,045.49 65.12
2017-12-31 1,812.40 2,038.42 43.62
2017-09-30 1,713.40 1,870.93 59.15
2017-06-30 1,734.41 1,715.43 29.70
2017-03-31 1,736.64 1,590.20 43.40
2016-12-31 1,683.86 1,600.08 28.07
2016-09-30 1,640.30 1,642.43 85.15
2016-06-30 1,657.31 1,477.37 12.13
2016-03-31 1,666.14 1,437.56 60.81
2015-12-31 1,608.43 1,588.68 36.00
2015-09-30 1,561.64 1,560.23 32.96
2015-06-30 1,568.93 1,541.73 48.91
2015-03-31 1,570.83 1,524.79 38.01
2014-12-31 1,506.31 1,655.57 39.57
2014-09-30 1,451.96 1,448.97 39.17
2014-06-30 1,464.89 1,389.67 26.89
2014-03-31 1,470.01 1,379.79 85.37
2013-12-31 1,412.40 1,392.43 41.08
2013-09-30 1,360.66 1,324.44 13.85
2013-06-30 1,376.17 1,267.34 17.72
2013-03-31 1,378.84 1,255.99 33.08
2012-12-31 1,308.50 1,318.51 25.53
2012-09-30 1,264.86 1,261.11 22.08
2012-06-30 1,280.68 1,222.56 32.57
  • Southwest Gas Holdings's level of debt (98.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (98.5% vs 98.2% today).
  • Debt is well covered by operating cash flow (23.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
X
Financial health checks
We assess Southwest Gas Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Southwest Gas Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SZR Dividends

 What is Southwest Gas Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.65%
Current annual income from Southwest Gas Holdings dividends. Estimated to be 2.85% next year.
If you bought €2,000 of Southwest Gas Holdings shares you are expected to receive €53 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Southwest Gas Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Southwest Gas Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.74%).
Upcoming dividend payment

Purchase Southwest Gas Holdings before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SZR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SZR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 2.54 2.00
2021-12-31 2.43 4.00
2020-12-31 2.32 6.00
2019-12-31 2.17 3.00
DB:SZR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-26 2.180 2.634
2018-11-14 2.080 2.630
2018-09-26 2.080 2.598
2018-05-03 2.080 2.701
2018-02-23 2.080 3.000
2017-11-14 1.980 2.577
2017-09-26 1.980 2.477
2017-05-04 1.980 2.521
2017-02-23 1.980 2.363
2016-11-15 1.800 2.321
2016-09-28 1.800 2.593
2016-05-04 1.800 2.473
2016-02-23 1.800 2.814
2015-11-13 1.620 2.897
2015-09-29 1.620 2.712
2015-05-06 1.620 2.972
2015-02-25 1.620 2.854
2014-11-14 1.460 2.446
2014-09-16 1.460 2.739
2014-05-07 1.460 2.821
2014-02-27 1.460 2.717
2013-11-15 1.320 2.463
2013-09-17 1.320 2.555
2013-05-08 1.320 2.733
2013-02-27 1.320 2.737
2012-09-18 1.180 2.733
2012-05-09 1.180 2.707
2012-02-27 1.180 2.788
2011-11-15 1.060 2.582
2011-09-20 1.060 2.788
2011-05-04 1.060 2.844
2011-02-24 1.060 2.742
2010-11-16 1.000 2.725
2010-09-14 1.000 2.915
2010-05-05 1.000 3.218
2010-02-26 1.000 3.261
2009-11-17 0.950 3.393
2009-09-14 0.950 3.692
2009-05-06 0.950 4.216
2009-04-20 0.950 4.683

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Southwest Gas Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Southwest Gas Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Southwest Gas Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Southwest Gas Holdings has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SZR Management

 What is the CEO of Southwest Gas Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Hester
COMPENSATION $4,096,485
AGE 56
TENURE AS CEO 4.1 years
CEO Bio

Mr. John P. Hester joined the Southwest Gas Corporation (the “Company”) in 1989. He serves as President, Chief Executive Officer and Director at Southwest Gas Holdings Incorporation and has been named to various positions at the Company, such as Director/Regulatory Affairs and Systems Planning in 2002, Vice President/Regulatory Affairs and Systems Planning in 2003, Senior Vice President/Regulatory Affairs and Energy Resources in 2006, and Executive Vice President in 2013. He serves as a President, CEO and Director at Southwest Gas Corporation since 2015. Prior to joining Company, he worked at the Illinois Department of Energy and Natural Resources, as well as the Illinois Commerce Commission. He received his bachelor’s and master’s degrees in Economics from Northern Illinois University. Mr. Hester currently serves on the American Gas Association Board of Directors, the Opportunity Village Foundation Board of Directors, the Catholic Charities of Southern Nevada Board of Trustees, the College of Southern Nevada Foundation Board of Trustees and the Las Vegas Metro Chamber of Commerce Board of Trustees.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Southwest Gas Holdings management team in years:

1.1
Average Tenure
55
Average Age
  • The average tenure for the Southwest Gas Holdings management team is less than 2 years, this suggests a new team.
Management Team

John Hester

TITLE
President
COMPENSATION
$4M
AGE
56
TENURE
4.1 yrs

Gregory Peterson

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
58
TENURE
1 yrs

Karen Haller

TITLE
Executive VP
COMPENSATION
$1M
AGE
54
TENURE
1.3 yrs

Eric DeBonis

TITLE
Senior Vice President of Operations - Southwest Gas Corporation
COMPENSATION
$848K
AGE
50

Paul Daily

TITLE
President & CEO of Centuri Construction Group Inc.
COMPENSATION
$2M
AGE
61

Lori Colvin

TITLE
VP, Chief Accounting Officer & Controller
AGE
50
TENURE
1 yrs

Ken Kenny

TITLE
VP of Finance & Treasurer
AGE
55

Boyd Nelson

TITLE
Vice President of Strategy & Corporate Development

Anita Romero

TITLE
Senior Vice President of Staff Operations & Technology - Southwest Gas Corporation
COMPENSATION
$938K
AGE
55
TENURE
6.3 yrs

Justin Brown

TITLE
Senior VP & General Counsel of Southwest Gas Corporation
AGE
45
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Southwest Gas Holdings board of directors in years:

10.3
Average Tenure
65.5
Average Age
  • The average tenure for the Southwest Gas Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Michael Melarkey

TITLE
Chairman of the Board
COMPENSATION
$302K
AGE
69
TENURE
7.9 yrs

John Hester

TITLE
President
COMPENSATION
$4M
AGE
56
TENURE
3.9 yrs

Steve Comer

TITLE
Director
COMPENSATION
$247K
AGE
68
TENURE
12.3 yrs

Randy Thoman

TITLE
Director
COMPENSATION
$232K
AGE
66
TENURE
8.8 yrs

José Cárdenas

TITLE
Director
COMPENSATION
$202K
AGE
65
TENURE
7.7 yrs

LeRoy Hanneman

TITLE
Independent Director
COMPENSATION
$194K
AGE
71
TENURE
9.9 yrs

Thomas Chestnut

TITLE
Director
COMPENSATION
$243K
AGE
67
TENURE
14.9 yrs

Anne Mariucci

TITLE
Director
COMPENSATION
$228K
AGE
60
TENURE
12.8 yrs

Bob Boughner

TITLE
Director
COMPENSATION
$226K
AGE
65
TENURE
10.8 yrs

Tom Thomas

TITLE
Director
COMPENSATION
$277K
AGE
59
TENURE
10.6 yrs
Who owns this company?
Recent Insider Trading
  • Southwest Gas Holdings insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Mar 19 Buy Paul Daily Individual 19. Mar 19 19. Mar 19 325 €73.12 €23,765
20. Mar 19 Sell Thomas Chestnut Individual 19. Mar 19 19. Mar 19 -1,700 €73.60 €-125,117
18. Mar 19 Buy Eric DeBonis Individual 15. Mar 19 15. Mar 19 2,000 €73.01 €146,028
05. Mar 19 Sell Eric DeBonis Individual 04. Mar 19 04. Mar 19 -1,400 €73.91 €-103,475
18. Sep 18 Sell Justin Brown Individual 17. Sep 18 17. Sep 18 -300 €70.08 €-21,024
14. Sep 18 Sell Kenneth Kenny Individual 12. Sep 18 12. Sep 18 -500 €71.03 €-35,516
14. Aug 18 Sell Eric DeBonis Individual 10. Aug 18 10. Aug 18 -700 €69.36 €-48,545
13. Jun 18 Sell Eric DeBonis Individual 13. Jun 18 13. Jun 18 -650 €62.05 €-40,332
30. May 18 Sell Thomas Chestnut Individual 29. May 18 29. May 18 -1,600 €64.74 €-103,584
23. May 18 Sell Karen Haller Individual 21. May 18 23. May 18 -1,339 €61.54 €-81,607
14. May 18 Buy Thomas Thomas Individual 11. May 18 11. May 18 1,000 €61.09 €61,087
10. May 18 Sell Eric DeBonis Individual 10. May 18 10. May 18 -600 €61.26 €-36,757
X
Management checks
We assess Southwest Gas Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Southwest Gas Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SZR News

Simply Wall St News

SZR Company Info

Description

Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company operates through two segments, Natural Gas Operations and Utility Infrastructure Services. As of December 31, 2018, it had 2,047,000 residential, commercial, industrial, and other natural gas customers. The company also provides trenching and installation, replacement, and maintenance services for energy distribution systems; industrial construction solutions; and electrical distribution and transmission utility infrastructure services in the Gulf Coast and Mid-Atlantic region. The company also serves customers in the provinces of British Columbia and Ontario in Canada. Southwest Gas Holdings, Inc. was founded in 1931 and is headquartered in Las Vegas, Nevada.

Details
Name: Southwest Gas Holdings, Inc.
SZR
Exchange: DB
Founded: 1931
$3,897,247,645
53,108,242
Website: http://www.swgasholdings.com
Address: Southwest Gas Holdings, Inc.
5241 Spring Mountain Road,
Post Office Box 98510,
Las Vegas,
Nevada, 89193,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SWX Common Stock New York Stock Exchange US USD 19. Jul 1979
DB SZR Common Stock Deutsche Boerse AG DE EUR 19. Jul 1979
Number of employees
Current staff
Staff numbers
8,632
Southwest Gas Holdings employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:26
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.