Skip to content
Company Analysis

Southwest Gas Holdings, Inc. SWX

A comprehensive view of key metrics, scores, and financial health for Southwest Gas Holdings, Inc.

Overview of Southwest Gas Holdings, Inc.

SWX NYQ
Utilities Utilities - Regulated Gas Mid Cap
Southwest Gas Holdings, Inc. (SWX), is a Mid Cap company, in the Utilities - Regulated Gas industry, last closed at $88.01, about 22.9% undervalued vs fair value, +15.5% 1Y return, placing in the top 25% of its sector.
$88.01
0.79%
As of March 13, 2026
Previous close • Vol 90d: 18.3%
52-Week Range
Market Cap
$6.33B
Enterprise Value
$9.06B
Overall Score
Scores locked

Create a free account to see overall and pillar scores for Southwest Gas Holdings, Inc..

Top Beats

Quick Facts

Website https://www.swgasholdings.com
HQ Las Vegas, NV
Employees 2,453
Fiscal year Dec 31

Next Events

Earnings May 13 Estimated

Fair Value Snapshot

Bear Base Bull
$87
$108
$128
Current: $88.01 +23% vs base

Engine Room Money Flow™

Mid Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$5.1B
-5.9%%
Gross Profit
$1.0B
-0.8%%
Operating Income
$483.7M
-1.2%%
Net Income
$198.8M
31.8%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
206.1%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$401.9M
98.1% of FCF

Where It Leaks

Cash Flow Health significant issues
Overall assessment of cash flow efficiency and conversion quality.
4
Active Leaks
3/4
Improving
1
High Impact
0
Critical
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Southwest Gas Holdings, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
39
/100
Developing
Scores based on quantitative metrics and qualitative factors

Upgrade to unlock interactive defense details

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate
61
Premium
Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.
For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing SWX's balance between Growth (37.9%), Profitability (21.6%), and Safety (40.6%). Growth 38% Safety 41% Profitability 22%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

51th percentile vs peers
51
Key Signals
Revenue CAGR 3Y 11.6% 82p EPS Growth YoY 29.8% 75p TSR 29.1% 86p EPS CAGR 3Y -6.6% 33p Rev Growth YoY -5.9% 5p
Strengths
  • Revenue Cagr 3Y in top 20% of peers (11.6%, 82th percentile)
  • Tsr in top 20% of peers (29.1%, 86th percentile)
  • Fcf Margin in top 20% of peers (8.0%, 82th percentile)
  • Cash Flow To Debt Ratio in top 20% of peers (2.32, 88th percentile)
Risks
  • Rev Growth Yoy in bottom 20% of peers (-5.9%)

Profitability

29th percentile vs peers
29
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

54th percentile vs peers
55
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Southwest Gas Holdings, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$108.14
- - -
+22.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info