Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc.

91.08
USD
+2.66
(+3.01%)
3.51EPS
12.36P/E
6.42BMarket Cap
Nov 11Next Earn

Total Valuation

USD

As of June 30, 2026, Southwest Gas Holdings, Inc. carries a market capitalization of 6.42B, placing it among publicly traded companies globally. Its enterprise value stands at 9.66B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap6.42B
Enterprise Value9.66B

Important Dates

Southwest Gas Holdings, Inc.'s next confirmed earnings release is scheduled for November 11, 2026.

Earnings Date11/11/2026

Share Statistics

As of June 30, 2026, Southwest Gas Holdings, Inc. has 72.44M shares outstanding.

Shares Outstanding72.44M

Valuation Ratios

As of June 30, 2026, Southwest Gas Holdings, Inc. trades at a trailing price-to-earnings ratio of 12.36. The price-to-sales ratio is 3.69, and the price-to-book ratio stands at 1.56.

PE Ratio12.36
PS Ratio3.69
PB Ratio1.56
P/TBV Ratio1.56
P/FCF Ratio14.40
P/OCF Ratio14.37

Enterprise Valuation

As of June 30, 2026, Southwest Gas Holdings, Inc. trades at an EV/EBITDA multiple of 11.44 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.55 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 19.35 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Southwest Gas Holdings, Inc. trades at an EV/FCF ratio of 16.83, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 9.66B versus a market cap of 6.42B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales5.55
EV / EBITDA11.44
EV / EBIT19.35
EV / FCF16.83

Financial Position

As of June 30, 2026, Southwest Gas Holdings, Inc. maintains a current ratio of 1.12, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 85.08, indicating elevated leverage, while an interest coverage ratio of 4.56 demonstrates adequate ability to service its debt obligations.

Current Ratio1.12
Quick Ratio0.58
Debt / Equity85.08
Debt / EBITDA4.15
Interest Coverage4.56

Financial Efficiency

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Over the twelve months ended June 30, 2026, Southwest Gas Holdings, Inc. posted a return on equity (ROE) of 13.32, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.16 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.58, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.90, useful for judging operating efficiency across full business cycles. The company generates approximately 376,801.90 in revenue per employee across its workforce of 4,620.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 8.59 indicates how many times Southwest Gas Holdings, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)13.32
Return on Assets (ROA)4.58
Return on Invested Capital (ROIC)4.16
Return on Capital Employed (ROCE)7.90
Revenue Per Employee376,801.90
Employee Count4,620.25
Inventory Turnover8.59

Taxes

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Over the twelve months ended June 30, 2026, Southwest Gas Holdings, Inc. recorded 114.84M in income tax expense. That works out to an effective tax rate of 31.09, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 369.35M, leaving 519.34M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax114.84M
Effective Tax Rate31.09

Stock Price Statistics

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As of the close on October 22, 2026, Southwest Gas Holdings, Inc.'s stock has gained approximately 13.68% over the past 52 weeks. The 50-day moving average sits at 86.78, while the 200-day moving average is 87.93.

52-Week Price Change13.68%
50-Day Moving Average86.78
200-Day Moving Average87.93

Income Statement

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Over the twelve months ended June 30, 2026, Southwest Gas Holdings, Inc. generated 1.74B in revenue and converted that into 519.34M in net income, yielding earnings per share of 3.51. EBITDA reached 844.89M, while operating income came in at 506.86M.

Revenue1.74B
Gross Profit940.71M
Operating Income506.86M
Pretax Income369.35M
Net Income519.34M
EBITDA844.89M
EBIT499.35M
Earnings Per Share (EPS)3.51

Balance Sheet

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As of June 30, 2026, Southwest Gas Holdings, Inc. holds 270.52M in cash and equivalents against 3.51B in total debt, resulting in a net debt position of 3.24B. Total book value stands at 4.13B, with working capital of 90.52M providing operational flexibility.

Cash & Cash Equivalents270.52M
Total Debt3.51B
Net Debt3.24B
Equity (Book Value)4.13B
Book Value Per Share56.94
Working Capital90.52M

Cash Flow

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Southwest Gas Holdings, Inc. produced 446.69M in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow446.69M
Free Cash Flow446.69M
FCF Per Share6.17

Margins

Over the twelve months ended June 30, 2026, Southwest Gas Holdings, Inc. posted a gross margin of 54.04, reflecting its pricing power and cost economics. The operating margin of 29.11 and net profit margin of 29.83 provide insight into operational efficiency.

Gross Margin54.04
Operating Margin29.11
Pretax Margin21.22
Profit Margin29.83
EBITDA Margin48.53

Dividends & Yields

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Over the twelve months ended June 30, 2026, Southwest Gas Holdings, Inc. paid dividends of 2.50 per share. The dividend payout ratio of 71.78 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.94, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.93, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Southwest Gas Holdings, Inc. shareholders.

Dividend Per Share2.50
Payout Ratio71.78
Shareholder Yield5.93
FCF Yield6.94

Scores

As of June 30, 2026, Southwest Gas Holdings, Inc. has an Altman Z-Score of 1.10, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.10