Southwest Gas Holdings Key Fundamental Indicators

Southwest Gas Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Common Stock Shares Outstanding 42.2 M 72.3 M 52 M Slightly volatile Total Assets 5.7 B 10 B 7.6 B Slightly volatile Short and Long Term Debt Total 71.2 M 75 M 2.5 B Slightly volatile Other Current Liabilities 371.6 M 517.1 M 497.6 M Very volatile Total Current Liabilities 927.7 M 884.7 M 1.2 B Slightly volatile Total Stockholder Equity 3.7 B 3.5 B 2.3 B Slightly volatile Property Plant And Equipment Net 11.2 B 10.7 B 6.2 B Slightly volatile Net Debt 17.7 M 18.6 M 2.4 B Slightly volatile Retained Earnings 1.4 B 1.3 B 798.3 M Slightly volatile Accounts Payable 212.2 M 225.3 M 245.4 M Slightly volatile Cash 66 M 56.4 M 89.6 M Slightly volatile Non Current Assets Total 347.1 M 365.4 M 5.7 B Slightly volatile Non Currrent Assets Other 265.4 M 354.2 M 329.1 M Slightly volatile Cash And Short Term Investments 237.7 M 226.4 M 109.7 M Slightly volatile Net Receivables 385.2 M 276.1 M 496.1 M Slightly volatile Common Stock Total Equity 46.7 M 71.4 M 52.9 M Slightly volatile Liabilities And Stockholders Equity 5.7 B 10 B 7.6 B Slightly volatile Non Current Liabilities Total 3 B 5.6 B 4.1 B Slightly volatile Other Current Assets 236.1 M 171.9 M 287 M Pretty Stable Other Stockholder Equity 1.1 B 2.2 B 1.4 B Slightly volatile Total Liabilities 4.1 B 6.5 B 5.4 B Slightly volatile Property Plant And Equipment Gross 15.6 B 14.9 B 7.7 B Slightly volatile Total Current Assets 805.4 M 768.1 M 1.1 B Slightly volatile Short Term Debt 71.2 M 75 M 403.6 M Slightly volatile Intangible Assets 224.3 M 392 M 176.8 M Slightly volatile Common Stock 49.9 M 49.1 M 53.5 M Slightly volatile Current Deferred Revenue 66.1 M 67.2 M 68.6 M Slightly volatile Other Liabilities 2.5 B 2.3 B 1.6 B Slightly volatile Long Term Debt 5.3 B 5 B 2.7 B Slightly volatile Property Plant Equipment 759.3 M 799.3 M 3.4 B Pretty Stable Inventory 102.5 M 107.9 M 190.4 M Pretty Stable Good Will 10.6 M 11.2 M 345.2 M Slightly volatile Net Tangible Assets 2.2 B 2.6 B 1.9 B Slightly volatile Deferred Long Term Liabilities 366.4 M 356.4 M 442.8 M Slightly volatile Long Term Investments 143.1 M 126.8 M 199.8 M Slightly volatile Short and Long Term Debt 621 M 816.5 M 454.4 M Slightly volatile Long Term Debt Total 3.3 B 5 B 2.7 B Slightly volatile Capital Surpluse 1.8 B 3.1 B 1.5 B Slightly volatile Short Term Investments 161.4 M 169.9 M 323.8 M Slightly volatile Non Current Liabilities Other 1.3 B 1.5 B 877.2 M Slightly volatile Cash And Equivalents 439.3 M 418.4 M 125.4 M Slightly volatile Net Invested Capital 7.5 B 9.8 B 5.8 B Slightly volatile Warrants 145.4 M 226.2 M 126.2 M Slightly volatile Capital Stock 70.3 M 84.4 M 61.1 M Slightly volatile
Southwest Gas Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Total Revenue 2 B 1.9 B 3 B Slightly volatile Gross Profit 930.5 M 785.6 M 753 M Slightly volatile EBITDA 388 M 661.6 M 582.7 M Slightly volatile Other Operating Expenses 2.1 B 1.5 B 2.6 B Slightly volatile Cost Of Revenue 5 B 4.7 B 2.5 B Slightly volatile Total Operating Expenses 1.5 B 1.5 B 553 M Slightly volatile Selling General Administrative 71.8 K 75.6 K 2.7 M Slightly volatile Interest Income 36.7 M 38.6 M 72 M Very volatile Reconciled Depreciation 365.8 M 504.2 M 311 M Slightly volatile Extraordinary Items 14.3 M 16.1 M 13.2 M Slightly volatile
Southwest Gas Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 326.6 M 311.1 M 99.8 M Slightly volatile Dividends Paid 70.5 M 89.2 M 96.9 M Slightly volatile Total Cash From Operating Activities 380 M 618.8 M 470.4 M Slightly volatile End Period Cash Flow 65.2 M 56.4 M 84 M Slightly volatile Change To Netincome 459.5 M 437.6 M 147.5 M Slightly volatile Depreciation 326.2 M 330.7 M 304.5 M Slightly volatile Stock Based Compensation 9 M 13 M 7.8 M Slightly volatile Exchange Rate Changes 240.8 K 270.9 K 295.7 K Slightly volatile Issuance Of Capital Stock 301 M 387 M 319.9 M Pretty Stable
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 3.12 2.9759 1.3311 Slightly volatile Dividend Yield 0.0147 0.0154 0.03 Pretty Stable PTB Ratio 1.16 1.6381 1.5635 Pretty Stable Days Sales Outstanding 46.56 51.9316 60.6317 Pretty Stable Book Value Per Share 51.29 48.848 40.5573 Slightly volatile Operating Cash Flow Per Share 5.86 8.5754 8.5768 Pretty Stable Stock Based Compensation To Revenue 0.007 0.0067 0.0032 Slightly volatile Capex To Depreciation 1.58 1.94 2.0063 Slightly volatile PB Ratio 1.16 1.6381 1.5635 Pretty Stable EV To Sales 3.13 2.9855 2.1472 Slightly volatile Inventory Turnover 214 404 308 Slightly volatile Days Of Inventory On Hand 0.89 0.93 5.1494 Slightly volatile Payables Turnover 5.93 11.12 8.9213 Slightly volatile Capex To Revenue 0.23 0.21 0.2145 Very volatile Cash Per Share 3.29 3.1368 1.9971 Slightly volatile POCF Ratio 5.52 9.3314 8.6965 Pretty Stable Capex To Operating Cash Flow 0.6 0.63 1.5467 Pretty Stable Days Payables Outstanding 65.04 33.96 44.348 Slightly volatile EV To Operating Cash Flow 11.61 9.3614 16.9102 Pretty Stable Intangibles To Total Assets 0.0011 0.0011 0.0369 Slightly volatile Net Debt To EBITDA 0.0267 0.0281 4.1356 Very volatile Current Ratio 0.7 0.8682 0.8931 Pretty Stable Tangible Book Value Per Share 51.13 48.6934 34.4737 Slightly volatile Receivables Turnover 7.17 7.0285 6.1325 Pretty Stable Graham Number 85.94 81.8466 54.3442 Slightly volatile Shareholders Equity Per Share 51.29 48.848 39.5614 Slightly volatile Debt To Equity 0.0202 0.0213 1.2322 Slightly volatile Capex Per Share 7.47 11.85 11.307 Slightly volatile Revenue Per Share 35.16 26.8892 53.2344 Pretty Stable Interest Debt Per Share 0.99 1.0393 47.9623 Pretty Stable Debt To Assets 0.0071 0.0075 0.3115 Pretty Stable Enterprise Value Over EBITDA 6.9 8.7561 9.7603 Slightly volatile Short Term Coverage Ratios 11.42 8.2509 6.7247 Pretty Stable Operating Cycle 47.88 51.9316 63.8252 Very volatile Price Book Value Ratio 1.16 1.6381 1.5635 Pretty Stable Days Of Payables Outstanding 65.04 33.96 44.348 Slightly volatile Price To Operating Cash Flows Ratio 5.52 9.3314 8.6965 Pretty Stable Ebt Per Ebit 0.73 0.6982 1.3325 Pretty Stable Effective Tax Rate 0.34 0.2903 0.2878 Slightly volatile Company Equity Multiplier 4.29 2.8352 3.8456 Slightly volatile Long Term Debt To Capitalization 0.63 0.64 0.5387 Slightly volatile Total Debt To Capitalization 0.0198 0.0208 0.4971 Slightly volatile Debt Equity Ratio 0.0202 0.0213 1.2322 Slightly volatile Quick Ratio 0.69 0.7622 0.8606 Very volatile Dividend Paid And Capex Coverage Ratio 7.28 6.9367 1.4329 Slightly volatile Net Income Per E B T 1.4 1.3293 0.7872 Slightly volatile Cash Ratio 0.0542 0.0638 0.0706 Pretty Stable Operating Cash Flow Sales Ratio 0.33 0.3189 0.1838 Pretty Stable Days Of Inventory Outstanding 0.89 0.93 5.1494 Slightly volatile Days Of Sales Outstanding 46.56 51.9316 60.6317 Pretty Stable Cash Flow Coverage Ratios 8.66 8.2509 1.1732 Slightly volatile Price To Book Ratio 1.16 1.6381 1.5635 Pretty Stable Fixed Asset Turnover 0.64 0.63 0.5482 Pretty Stable Capital Expenditure Coverage Ratio 0.66 1.29 0.8039 Very volatile Price Cash Flow Ratio 5.52 9.3314 8.6965 Pretty Stable Enterprise Value Multiple 6.9 8.7561 9.7603 Slightly volatile Debt Ratio 0.0071 0.0075 0.3115 Pretty Stable Cash Flow To Debt Ratio 8.66 8.2509 1.1732 Slightly volatile Price Sales Ratio 3.12 2.9759 1.3311 Slightly volatile Asset Turnover 0.18 0.1942 0.3696 Slightly volatile Gross Profit Margin 0.44 0.4049 0.2943 Slightly volatile Price Fair Value 1.16 1.6381 1.5635 Pretty Stable
Southwest Gas Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 1.8 B 1.8 B 1.8 B Slightly volatile Enterprise Value 1 B 1.3 B 1.4 B Slightly volatile

Southwest Fundamental Market Drivers

Southwest Upcoming Events

Southwest Return On Equity Driver Correlations

Altman Z Score Details

Piotroski F Score Details

Beneish M Score Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details

Southwest Gas 'What if' Analysis

Hype Prediction Low Estimated High 87.10 88.16 89.22 Details

Intrinsic Valuation Low Real High 79.35 96.84 97.90 Details

Naive Forecast Low Next High 88.06 89.12 90.18 Details

8 Analysts Consensus Low Target High 84.11 92.43 102.60 Details

Southwest Gas March 2, 2026 Technical Indicators

Southwest Gas Holdings Backtested Returns

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Return On Equity Over Time

Southwest Total Stockholder Equity

Southwest Gas Holdings Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southwest Gas's current stock value. Our valuation model uses many indicators to compare Southwest Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southwest Gas competition to find correlations between indicators driving Southwest Gas's intrinsic value. More Info.Southwest Gas Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southwest Gas Holdings is roughly  2.25 . At this time, Southwest Gas' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southwest Gas' earnings, one of the primary drivers of an investment's value.

Southwest Gas' Earnings Breakdown by Geography

Southwest Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Southwest Gas' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Southwest Gas could also be used in its relative valuation, which is a method of valuing Southwest Gas by comparing valuation metrics of similar companies.

Southwest Gas ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Southwest Gas' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southwest Gas' managers, analysts, and investors.

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Southwest Fundamentals

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