Valuation dashboard for Southwest Gas Holdings, Inc. (SWX) with P/E 12.98, P/B 1.65, EV/EBITDA 11.38 and dividend yield 2.70%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Utilities companies.
Southwest Gas Holdings, Inc., operating through its various subsidiaries, is primarily engaged in the delivery and transportation of natural gas to customers across Arizona, Nevada, and California. The company's operations are segmented into Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage.
Analysis Summary
Southwest Gas Holdings, Inc. reported revenue of $1.94B in the most recent fiscal year, growing at a 5-year CAGR of -10.1%. Net income reached $439.8M, with a 13.6% 5-year CAGR.
Trailing-twelve-month margins: gross margin 56.6%, operating margin 28.7%, net margin 29.8%.
At $93.08 (closing price, October 30, 2026), SWX trades at a P/E of 12.98 and an ROE of 12.89%. Market capitalisation stands at $6.7B.
Balance sheet quality for SWX: current ratio of 1.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 12.98 |
| Price / Book | 1.65 |
| EV / EBITDA | 11.38 |
| Dividend Yield | 2.70% |
Valuation Models
| DCF Fair Value | $-49.20 |
| vs Current Price | -152.9% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| SWX | Southwest Gas Holdings, Inc. | $6.7B | 12.98 | 1.65 | 12.9% |
| PCG | PG&E Corporation | $35.3B | 9.76 | 0.84 | 9.2% |
| CMS | CMS Energy Corporation | $22.0B | 24.60 | 2.26 | 9.2% |
| UGI | UGI Corporation | $8.3B | 12.93 | 1.59 | 13.2% |
| TXNM | TXNM Energy, Inc. | $6.4B | 28.03 | 1.83 | 5.7% |
| ENIC | Enel Chile S.A. | $5.7B | 9.72 | 1.04 | 10.8% |
| NJR | New Jersey Resources Corporation | $5.4B | 14.72 | 2.03 | 14.4% |
| OGS | ONE Gas, Inc. | $4.9B | 16.93 | 1.40 | 8.4% |
Price
| Price | $93.08 (closing price, October 30, 2026) |
| Market Cap | $6.7B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 12.89% |
| Return on Invested Capital | 62.27% |
| Return on Assets | 4.96% |
| Gross Margin | 56.61% |
| Operating Margin | 28.68% |
| Net Margin | 29.83% |
Related companies: PCG · CMS · UGI · TXNM · ENIC · NJR · OGS · SR
Explore sector: Utilities · Regulated Gas
More sections of SWX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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