Southwest Gas Holdings, Inc.
SWX
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Southwest Gas Holdings operates in a regulated industry, providing stability and predictable cash flows, which can be attractive to long-term investors.
- The company has a strong profit margin of 31.4%, indicating effective cost management and operational efficiency.
- Despite recent revenue declines, the operating margin for Q2 2026 was 23.5%, showcasing the company's ability to maintain profitability.
- The company faces significant competition in the regulated gas sector, which can pressure margins and growth.
- Revenue decreased by 39% in Q2 2026 compared to the previous quarter, dropping from $585M to $358M.
- The stock has a sell signal with a score of -11.00, indicating potential bearish trends in the market.
Fundamentals
| Market cap | $6.05B | Enterprise value | $9.29B | Trailing P/E | 20.88 | Forward P/E | 16.70 |
| PEG | 1.86 | Price / book | 1.47 | Beta | 0.56 | Dividend yield | 3.09% |
| Revenue growth | -9.6% | Earnings growth | — | Gross margin | 54.0% | Operating margin | 24.2% |
| Profit margin | 31.4% | ROE | 6.8% | ROA | 2.8% | Debt / equity | 0.85 |
| Current ratio | 1.12 | Free cash flow | -$390.81M | Analyst recommendation | strong_buy | Mean target | $100.50 |
| 52w high | $94.47 | 52w low | $76.74 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $358M | $585M | $481M | $317M | $396M | — |
| Op margin | 23.5% | 37.5% | 34.1% | 12.3% | 16.3% | — |
| Net income | $42.1M | $138M | $68.4M | $270M | -$40.2M | — |
| Gross margin | 51.9% | 58.8% | 56.5% | 44.0% | 39.5% | — |
| Gross profit | $186M | $344M | $271M | $139M | $157M | — |
| Operating income | $84.3M | $219M | $164M | $39.1M | $64.5M | — |
- Revenue -39% vs prior quarter ($358M vs $585M).
- Gross margin 51.9% (was 58.8% prior quarter).
- Operating margin compressed to 23.5%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.5B | $2.5B | $5.0B | — |
| Op margin | 24.8% | 16.4% | 14.4% | 8.7% | — |
| Net income | $440M | $199M | $151M | -$203M | — |
| Gross margin | 46.3% | 32.3% | 29.5% | 20.1% | — |
| Gross profit | $899M | $799M | $748M | $995M | — |
| Operating income | $482M | $406M | $364M | $431M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-01 · Can AWK Leverage Customer Additions to Support Long-Term Growth?
2026-10-01 · BofA Securities Adjusts Price Target on Southwest Gas to $91 From $100
2026-09-29 · Scotiabank Initiates Southwest Gas at Sector Outperform With $95 Price Target
2026-09-24 · Can Infrastructure Investments Drive SWX's Long-Term Growth?
2026-09-23 · Down 6.3% in 4 Weeks, Here's Why You Should You Buy the Dip in Southwest Gas (SWX)
2026-09-19 · Verizon Stock And Other Dividend Payers Facing Higher Bond Yields
2026-09-15 · Can Infrastructure Investments Drive Atmos Energy's Long-Term Growth?
2026-09-08 · Southwest Gas Holdings Releases 2025 Sustainability Report
2026-09-05 · Southwest Gas’s (SWX) Pipeline Bet Just Got $600M Bigger
2026-09-04 · Southwest Gas (SWX) Down 4% Since Last Earnings Report: Can It Rebound?
2026-08-28 · Can MDU's Capital Investments Drive Long-Term Earnings Growth?
2026-08-18 · Is Southwest Gas Holdings (SWX) Fully Priced On Reaffirmed 2026 Guidance?
Price (daily)
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