Southwest Gas Holdings, Inc. logo SWX - Southwest Gas Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 3
SELL 3
STRONG
SELL
0
| PRICE TARGET: $100.33 DETAILS
HIGH: $105.00
LOW: $96.00
MEDIAN: $100.00
CONSENSUS: $100.33
UPSIDE: 11.59%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 1,940.4 5,112.4 5,434.0 4,960.0 3,680.5 3,298.9 3,119.9 2,880.0 2,548.8 2,460.5 2,463.6 2,121.7 1,950.8 1,927.8 1,887.2 1,830.4 1,893.8 2,144.7 2,152.1 2,024.8 1,714.3 1,477.1 1,231.0 1,320.9 1,396.7 1,034.1 936.9 917.3 732 644.1 563.5 609.8 539.1
Cost of Revenue 1,372.4 4,101.3 4,414.8 3,965.1 2,859.5 2,480.4 2,382.5 2,213.5 1,916.2 1,823.3 1,855.8 1,536.9 1,394.2 1,391.1 1,037.2 1,014.0 1,109.1 0 0 0 0 0 0 563.4 677.5 394.7 330 329.8 209.3 187.6 227.5 249.9 0
Gross Profit 568.0 1,011.2 1,019.2 994.9 820.9 818.5 737.4 666.5 632.6 637.2 607.8 584.8 556.6 536.7 850.0 816.4 784.7 2,144.7 2,152.1 2,024.8 1,714.3 1,477.1 1,231.0 757.5 719.1 639.4 606.9 587.5 522.7 456.5 336 359.9 539.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0.1 (0.2) 0.3 0.0 (0.0) (0.1) (0.1) (0.0) 7.4 0.5 5.3 12.4 6.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 94.1 527.3 601.0 1,019 451.4 395.5 365.7 (27.5) 8 5.3 (1.8) 4.7 12.0 6.2 599.9 584.3 576.3 1,936.9 1,931.5 1,815.6 1,563.6 1,307.3 1,095.9 611.0 585.2 510.7 475.6 433.3 420.5 385 277.7 308.4 0
Operating Expenses 94.1 527.4 600.9 1,019.3 451.4 395.5 365.6 309.1 308.9 341.5 319.5 300.3 282.4 265.1 599.9 584.3 576.3 1,936.9 1,931.5 1,815.6 1,563.6 1,307.3 1,095.9 611.0 585.2 510.7 475.6 433.3 420.5 385 277.7 308.4 0
Operating Income
Operating Income 473.9 483.8 418.3 (24.4) 369.5 423.0 371.8 357.4 323.7 295.7 288.3 284.5 274.2 271.5 250.1 232.1 208.4 207.9 220.6 209.2 150.6 169.8 135.1 146.5 134.0 128.6 131.3 154.2 102.2 71.5 58.3 51.5 539.1
Interest Expense 203.1 297.0 292.3 242.8 119.2 111.5 109.2 96.7 78.1 73.7 71.9 72.1 63.7 68.0 69.6 77.6 83.0 92.6 96.2 95.0 90.3 86.5 79.8 80.0 80.7 76.1 70.4 68.8 80.8 60.4 54.3 117.1 0
Interest Income 20.9 33.6 50.8 16.2 5.1 4.0 6.4 6.1 2.8 1.8 2.2 2.6 0.5 0.9 0.5 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 118.4 0
Profitability
EBITDA 864.7 976.8 930.5 439.9 737.1 748.2 685.1 592.5 577.3 584.8 558.4 542.5 515.0 499.4 445.1 426.4 405.1 415.0 396.5 364.0 298.8 312.0 271.5 276.7 252.4 235.3 229.8 244.4 199.1 145.2 120.8 146.1 539.1
EBIT 534.0 538.3 489.6 (30.6) 366.0 416.2 381.9 343.3 326.3 295.7 288.3 291.6 286.5 275.9 244.7 236.0 215.0 194.5 220.6 209.2 150.6 169.8 135.1 146.5 134.0 128.6 131.3 917.3 732 71.5 58.3 88.8 539.1
Income Before Tax 330.9 241.3 197.3 (273.3) 246.8 304.7 272.7 243.3 259.0 231.5 219.3 219.5 222.8 207.9 175.1 158.4 132.0 101.8 131.0 128.4 68.4 87.0 55.4 65.4 56.7 51.9 60.9 83.9 21.4 10.5 3.5 44 0
Income Tax Expense 96.0 36.5 41.8 (75.7) 39.6 65.8 56.0 61.7 65.1 78.5 79.9 78.4 77.9 75.3 63.3 54.9 44.9 40.8 47.8 44.5 24.6 30.2 16.9 21.4 19.6 13.6 21.6 36.4 4.9 3.9 0.8 17.7 523.7
Net Income 439.8 198.8 150.9 (203.3) 200.8 232.3 213.9 182.3 193.8 152.0 138.3 141.1 145.3 133.3 112.3 103.9 87.5 61.0 83.2 83.9 43.8 56.8 38.5 44.0 37.2 38.3 39.3 47.5 16.5 6.6 (14.8) 26.3 15.4
Per Share Data
EPS (Basic) 6.09 2.77 2.13 -24.75 3.39 4.15 3.94 3.69 4.04 3.20 2.94 3.04 3.14 2.89 2.45 2.29 1.95 1.40 1.97 2.07 1.15 1.61 1.14 1.33 1.16 1.22 1.28 1.66 0.61 0.25 -0.65 1.22 0.71
EPS (Diluted) 6.08 2.76 2.13 -24.75 3.39 4.14 3.94 3.68 4.04 3.18 2.92 3.01 3.11 2.86 2.43 2.27 1.94 1.39 1.95 2.05 1.14 1.60 1.13 1.32 1.15 1.21 1.27 1.65 0.61 0.25 -0.65 1.22 0.71
Shares Outstanding 72.2 71.8 70.8 65.6 59.1 56.0 54.2 49.4 48.0 47.5 47.0 46.5 46.3 46.1 45.9 45.4 44.8 43.5 42.3 40.6 38.1 35.2 33.8 33.0 32.1 31.4 30.7 28.6 27.0 25.9 22.9 21.1 20.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 576.6 363.8 106.5 123.1 222.7 83.4 49.5 85.4 43.6 28.1 65.3 26.4 13.6 17.2 19.4 32.5 20.0 17.1 18.5 17.6 8.3 11.2 130
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 281.8 821.6 981.5 963.1 808.8 615.5 584.9 505.8 433.5 365.8 166.3 273.5 244.3 193.5 195.8 245.9 206.9 144.9 144.9 132.4 115.5 82.1 105.4
Inventory 93.8 0 0 0 0 0 0 4.9 14.6 2.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 234.6 279.1 793.1 2,621.5 291.1 2.1 44.4 4.9 14.6 2.6 108.0 14.9 174.1 70.4 46.6 121.8 176.4 47.1 84 138.5 36 223.9 631.3
Total Current Assets 1,186.9 1,464.5 1,881.1 3,707.7 1,614.8 871.0 859.9 839.8 657.0 533.3 417.6 438.1 432.0 281.1 261.8 400.1 403.2 209.1 247.4 288.5 159.8 317.2 1,804.9
Non-Current Assets
Property, Plant & Equipment 8,703.8 9,300.2 8,784.6 8,305.7 8,910.5 7,010.3 6,469.4 5,716.8 4,871.1 4,436.6 3,034.5 3,108.1 2,435.9 2,263.2 1,979.5 1,825.6 1,686.1 1,581.1 1,459.4 1,360.3 1,278.5 1,137.8 1,071.5
Goodwill 11.2 781.2 789.7 787.2 1,781.3 345.2 343.0 359.0 179.3 140.0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 80.7 37.7 0 0 0 0 0 0 0 0 0 0 0 0 105.4
Long-Term Investments 0 0 0 0 0 140.9 132.1 114.4 117.3 106.7 115.9 124.8 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 527.6 474.8 414.0 395.9 458.5 368.0 364.9 326.5 330.1 325.5 338.3 149.4 70.3 63.8 136.7 143.9 143.0 133.2 123.9 120.3 122 77.5 148
Total Non-Current Assets 9,242.6 10,559.4 9,988.8 9,489.0 11,150.5 7,864.8 7,310.2 6,518.0 5,580.0 5,047.8 3,488.7 3,382.3 2,506.1 2,327.0 2,116.2 1,969.5 1,829.1 1,714.3 1,583.3 1,480.6 1,400.5 1,215.3 1,285.1
Total Assets 10,429.5 12,023.8 11,869.9 13,196.6 12,765.3 8,735.9 8,170.0 7,357.7 6,237.1 5,581.1 3,906.3 3,820.4 2,938.1 2,608.1 2,377.9 2,369.6 2,232.3 1,923.4 1,830.7 1,769.1 1,560.3 1,532.5 3,090
Current Liabilities
Account Payables 225.7 331.8 346.9 662.1 353.4 231.3 238.9 249.0 228.3 184.7 158.9 191.4 165.9 110.1 88.3 109.2 194.7 64.2 64.3 62.3 50 41.9 49
Short-Term Debt 75 710.0 671.1 1,587.4 2,206.3 147.4 374.5 185.1 239.8 50.1 1.3 62.8 129.8 58.4 61.7 400.6 139.1 68.9 57.3 147.6 127.7 157 97
Deferred Revenue 0 63.9 48.5 51.2 59.3 67.9 69.2 67.9 69.8 72.3 153.7 0 0 0 0 0 0 131.7 0 0 83.7 0 0
Other Current Liabilities 584.4 625.2 523.0 1,014.0 401.9 383.6 325.7 439.7 286.0 332.7 250.5 194.4 0 0 0 0 0 0.1 0 0 (0.1) 0 1,701.5
Total Current Liabilities 929.9 1,832.1 1,684.8 3,423.0 3,112.0 912.0 1,079.9 938.6 815.9 628.4 474.2 509.9 483.0 310.4 313.2 653.0 481.5 264.9 250.8 324.4 261.3 330.2 1,956.1
Non-Current Liabilities
Long-Term Debt 3,433.0 4,348.3 4,609.8 4,403.3 4,115.7 2,732.2 2,300.5 2,107.3 1,798.6 1,550.0 1,269.4 1,285.5 1,262.9 1,221.2 1,092.1 796.4 896.4 859.3 812.9 778.7 665.2 607.9 790.8
Deferred Tax Liabilities 977.3 808.8 753.0 682.1 768.9 647.5 599.8 529.2 477.0 840.7 436.1 387.5 281.7 277.3 229.4 217.8 204.2 178.4 179.7 168.3 152.1 138.9 0
Other Non-Current Liabilities 1,128.1 1,345.5 1,407.5 1,470.2 1,618.1 1,603.6 1,599.4 1,449.2 315 308 140.8 (254.3) (295.7) (168.5) (1,321.5) (1,014.2) (1,100.6) (1,037.7) (992.6) (947) (817.3) (746.8) (790.8)
Total Non-Current Liabilities 5,538.5 6,502.7 6,770.3 6,555.5 6,502.7 4,983.2 4,499.7 4,085.7 3,608.8 3,268.9 2,330.0 254.3 295.7 168.5 2,730.1 2,109.5 2,257.9 1,037.7 2,036.1 947 1,676.6 1,533 790.8
Total Liabilities 6,468.4 8,334.8 8,455.2 9,978.5 9,614.7 5,895.2 5,579.6 5,024.3 4,424.7 3,897.3 2,804.2 2,782.5 2,232.4 1,977.6 1,721.8 1,748.4 1,638.9 1,358 1,294.3 1,323.1 1,120.7 1,116.4 2,746.9
Stockholders' Equity
Common Stock 73.9 73.4 73.2 68.7 62.1 58.8 56.6 54.7 49.7 49.1 46.7 45.8 38.4 35.9 34.9 34.1 33.3 32.6 32 29 28.4 26.1 22.9
Retained Earnings 1,022.8 758.6 738.8 747.1 1,114.3 1,068.0 1,039.1 944.3 857.4 759.3 285.3 241.0 111.5 84.1 73.5 56.7 46.0 33.5 19.5 (3.7) 2.1 17.3 52.4
Accumulated Other Comprehensive Income (34.5) (49.2) (43.8) (44.2) (46.8) (61.0) (56.7) (52.7) (47.7) (48.0) (22.2) (19.4) (10.9) (896.3) 0 0 0 0 0 0 0 0 (15.1)
Total Stockholders' Equity 3,961.1 3,504.2 3,310.0 3,058.8 2,953.8 2,675.0 2,505.9 2,252.0 1,814.8 1,663.5 1,102.1 1,037.8 705.7 630.5 596.2 561.2 533.5 505.4 476.4 386 379.6 356.1 343.1
Total Liabilities & Equity 10,429.5 12,023.8 11,869.9 13,196.6 12,765.3 8,735.9 8,170.0 7,357.7 6,237.1 5,581.1 3,906.3 3,820.4 2,938.1 2,608.1 2,377.9 2,369.6 2,232.3 1,923.4 1,830.7 1,769.1 1,560.3 1,532.5 3,090
Debt Metrics
Total Debt 3,508.0 5,058.4 5,280.9 5,990.7 6,322.0 2,879.6 2,675.0 2,292.3 2,038.4 1,600.1 1,270.7 1,348.3 1,392.8 1,279.6 1,153.9 1,197.0 1,035.6 928.2 870.2 926.3 792.9 764.9 1,164.7
Net Debt 2,931.4 4,694.6 5,174.4 5,867.6 6,099.3 2,796.3 2,625.5 2,207.0 1,994.8 1,572.0 1,205.4 1,321.9 1,379.1 1,262.4 1,134.5 1,164.5 1,015.6 911.1 851.7 908.7 784.6 753.7 1,034.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 239.5 204.8 150.9 (203.3) 207.2 239.0 216.6 181.7 193.9 153.1 43.8 56.8 38.5 44.0 37.2 38.3 39.3 47.5 16.5 6.6 (14.8) 26.3
Depreciation & Amortization 330.7 438.4 440.9 470.5 371.0 332.0 303.2 249.2 251.0 289.1 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 13.0 14.9 0 0 9.3 7.1 6.9 6.1 10.9 5.5 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (96.7) 702.2 (216.7) (249.8) (443.3) 99.1 (37.1) 13.5 (124.7) 92.9 29.6 (90.4) (10.3) 151.5 (49.8) (100.1) 58.4 66.5 (106.1) (55.4) 54.2 0
Other Non-Cash Items (100.9) (57.5) 77.3 462.1 (94.1) (101.8) (43.4) 27.4 (24.5) (10.9) 169.7 147.1 135.4 118.7 146.6 106.3 100.9 89.7 98.5 83.5 73.7 94.8
Operating Cash Flow 556.1 1,355.8 509.2 407.5 111.4 626.1 500.4 528.9 370.0 598.4 237.6 151.5 207.8 298.5 122.8 125.3 178.6 203.5 56.4 52.2 97.8 112.9
Investing Activities
Capital Expenditure (807.9) (945.9) (872.5) (859.4) (715.6) (825.1) (938.1) (765.9) (623.6) (529.5) (294.4) (302.7) (240.7) (282.9) (265.6) (223.2) (229.5) (194.6) (169.6) (218.8) (166.2) (144.6)
Acquisitions 5.3 0 1,022.5 (18.8) (2,354.3) 0 (47.6) (251.4) (94.2) (17) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (296.3)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 296.8
Other Investing Activities 777.7 24.4 1.0 39.3 34.2 23.0 34.2 17.8 17.0 20.9 2.0 6.1 (18.2) 24.0 4.3 3.9 3.5 4.3 (1.3) 169.5 2.5 (101.6)
Investing Cash Flow (24.8) (921.6) 151.0 (838.9) (3,035.7) (802.1) (951.6) (999.5) (700.9) (525.6) (292.4) (296.6) (258.9) (258.9) (261.3) (219.3) (226) (190.3) (170.9) (49.3) (163.7) (245.7)
Financing Activities
Net Debt Issuance (680) (224.1) (720.2) 121.7 2,989.3 198.6 376.8 327.4 426.6 4.3 37.8 111.7 115.3 (43.9) 160.3 107.0 56.1 (55.7) 133.7 (2.6) (7.9) 78.4
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (4) (4.1)
Dividends Paid (178.5) (177.8) (174.6) (160.6) (138.2) (125.5) (116.1) (100.2) (92.1) (83.3) (31.2) (28.8) (27.7) (27.0) (26.3) (25.7) (25.2) (23.7) (22.2) (21.3) (19.6) (17.4)
Other Financing Activities 520.5 (111.0) (57.8) (66.5) 213.6 (2.7) 156.5 (69.0) 14.9 (4.1) 0 0 (60) 0 0 0 0.1 (0.1) 0.1 0 57.8 79.7
Financing Cash Flow (318.3) (176.3) (700.8) 356.5 3,063.5 209.6 415.3 512.6 346.2 (80.5) 70.7 141.5 48.9 (52.7) 151.0 96.8 46 (12.3) 123.8 (5.8) 71.1 141.4
Cash Position
Net Change in Cash 261.9 257.3 (16.5) (99.6) 139.3 33.8 (35.8) 41.7 15.6 (7.9) 16.0 (3.5) (2.2) (13.1) 12.5 2.8 (1.4) 0.9 9.3 (2.9) 5.1 8.7
Cash at Beginning 314.8 106.5 123.1 222.7 83.4 49.5 85.4 43.6 28.1 36.0 13.6 17.2 19.4 32.5 20.0 17.1 18.5 17.6 8.3 11.2 6.1 121.3
Cash at End 576.6 363.8 106.5 123.1 222.7 83.4 49.5 85.4 43.6 28.1 29.6 13.6 17.2 19.4 32.5 20.0 17.1 18.5 17.6 8.3 11.2 130
Free Cash Flow (251.8) 409.9 (363.3) (452.0) (604.2) (199.0) (437.8) (237.1) (253.7) 68.9 (56.7) (151.2) (32.9) 15.6 (142.8) (97.9) (50.9) 8.9 (113.2) (166.6) (68.4) (31.7)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 1,940.4 5,112.4 5,434.0 4,960.0 3,680.5 3,298.9 3,119.9 2,880.0 2,548.8 2,460.5 2,463.6 2,121.7 1,950.8 1,927.8 1,887.2 1,830.4 1,893.8 2,144.7 2,152.1 2,024.8 1,714.3 1,477.1 1,231.0 1,320.9 1,396.7 1,034.1 936.9 917.3 732 644.1 563.5 609.8 539.1
Gross Profit 568.0 1,011.2 1,019.2 994.9 820.9 818.5 737.4 666.5 632.6 637.2 607.8 584.8 556.6 536.7 850.0 816.4 784.7 2,144.7 2,152.1 2,024.8 1,714.3 1,477.1 1,231.0 757.5 719.1 639.4 606.9 587.5 522.7 456.5 336 359.9 539.1
Operating Income 473.9 483.8 418.3 (24.4) 369.5 423.0 371.8 357.4 323.7 295.7 288.3 284.5 274.2 271.5 250.1 232.1 208.4 207.9 220.6 209.2 150.6 169.8 135.1 146.5 134.0 128.6 131.3 154.2 102.2 71.5 58.3 51.5 539.1
Net Income 439.8 198.8 150.9 (203.3) 200.8 232.3 213.9 182.3 193.8 152.0 138.3 141.1 145.3 133.3 112.3 103.9 87.5 61.0 83.2 83.9 43.8 56.8 38.5 44.0 37.2 38.3 39.3 47.5 16.5 6.6 (14.8) 26.3 15.4
EPS (Diluted) 6.08 2.76 2.13 -24.75 3.39 4.14 3.94 3.68 4.04 3.18 2.92 3.01 3.11 2.86 2.43 2.27 1.94 1.39 1.95 2.05 1.14 1.60 1.13 1.32 1.15 1.21 1.27 1.65 0.61 0.25 -0.65 1.22 0.71
Balance Sheet
Cash & Equivalents 576.6 363.8 106.5 123.1 222.7 83.4 49.5 85.4 43.6 28.1 65.3 26.4 13.6 17.2 19.4 32.5 20.0 17.1 18.5 17.6 8.3 11.2 130
Total Assets 10,429.5 12,023.8 11,869.9 13,196.6 12,765.3 8,735.9 8,170.0 7,357.7 6,237.1 5,581.1 3,906.3 3,820.4 2,938.1 2,608.1 2,377.9 2,369.6 2,232.3 1,923.4 1,830.7 1,769.1 1,560.3 1,532.5 3,090
Total Debt 3,508.0 5,058.4 5,280.9 5,990.7 6,322.0 2,879.6 2,675.0 2,292.3 2,038.4 1,600.1 1,270.7 1,348.3 1,392.8 1,279.6 1,153.9 1,197.0 1,035.6 928.2 870.2 926.3 792.9 764.9 1,164.7
Stockholders' Equity 3,961.1 3,504.2 3,310.0 3,058.8 2,953.8 2,675.0 2,505.9 2,252.0 1,814.8 1,663.5 1,102.1 1,037.8 705.7 630.5 596.2 561.2 533.5 505.4 476.4 386 379.6 356.1 343.1
Cash Flow
Operating Cash Flow 556.1 1,355.8 509.2 407.5 111.4 626.1 500.4 528.9 370.0 598.4 237.6 151.5 207.8 298.5 122.8 125.3 178.6 203.5 56.4 52.2 97.8 112.9
Capital Expenditure (807.9) (945.9) (872.5) (859.4) (715.6) (825.1) (938.1) (765.9) (623.6) (529.5) (294.4) (302.7) (240.7) (282.9) (265.6) (223.2) (229.5) (194.6) (169.6) (218.8) (166.2) (144.6)
Free Cash Flow (251.8) 409.9 (363.3) (452.0) (604.2) (199.0) (437.8) (237.1) (253.7) 68.9 (56.7) (151.2) (32.9) 15.6 (142.8) (97.9) (50.9) 8.9 (113.2) (166.6) (68.4) (31.7)