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Southwest Gas Holdings Inc (SWX)

Upturn stock ratingUpturn stock rating
$77.79
Last Close (24-hour delay)
Profit since last BUY4.37%
upturn advisory
WEAK BUY
BUY since 80 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

10/14/2025: SWX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $83.67

1 Year Target Price $83.67

Analysts Price Target For last 52 week
$83.67 Target price
52w Low $63.6
Current$77.79
52w High $80.58

Analysis of Past Performance

Type Stock
Historic Profit -2.25%
Avg. Invested days 46
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.60B USD
Price to earnings Ratio 28.7
1Y Target Price 83.67
Price to earnings Ratio 28.7
1Y Target Price 83.67
Volume (30-day avg) 8
Beta 0.54
52 Weeks Range 63.60 - 80.58
Updated Date 10/15/2025
52 Weeks Range 63.60 - 80.58
Updated Date 10/15/2025
Dividends yield (FY) 3.21%
Basic EPS (TTM) 2.71

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 4.07%
Operating Margin (TTM) 9.17%

Management Effectiveness

Return on Assets (TTM) 2.85%
Return on Equity (TTM) 5.03%

Valuation

Trailing PE 28.7
Forward PE 19.72
Enterprise Value 9959561533
Price to Sales(TTM) 1.17
Enterprise Value 9959561533
Price to Sales(TTM) 1.17
Enterprise Value to Revenue 2.09
Enterprise Value to EBITDA 9.56
Shares Outstanding 71979296
Shares Floating 66489435
Shares Outstanding 71979296
Shares Floating 66489435
Percent Insiders 0.54
Percent Institutions 92.57

ai summary icon Upturn AI SWOT

Southwest Gas Holdings Inc

stock logo

Company Overview

overview logo History and Background

Southwest Gas Holdings, Inc. was founded in 1931 as Southern Nevada Gas Company. It evolved from a regional natural gas provider to a diversified energy company through acquisitions and strategic expansions.

business area logo Core Business Areas

  • Natural Gas Distribution: Distributes natural gas to residential, commercial, and industrial customers in Arizona, Nevada, and California.
  • Infrastructure Services: Centuri Group, provides infrastructure services to the utility industry.

leadership logo Leadership and Structure

Karen Haller is the CEO. The organizational structure includes various departments like operations, finance, legal, and marketing, reporting to the CEO and executive leadership team.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Distribution Services: Provides natural gas service to over 2 million customers. Market share varies by region but Southwest Gas is a key player in its operating areas. Competitors include other regional gas utilities like SoCalGas (SRE) and PG&E (PCG), as well as alternative energy sources like electricity.
  • Utility Infrastructure Services: Centuri Group provides a diverse array of specialized services focused on the maintenance, repair and construction of regulated gas and electric utility infrastructure. Competitors include Mastec (MTZ) and Quanta Services (PWR).

Market Dynamics

industry overview logo Industry Overview

The natural gas distribution industry is characterized by regulated rates, infrastructure investments, and increasing focus on environmental sustainability. The utility infrastructure services market is driven by the need to maintain and upgrade aging infrastructure.

Positioning

Southwest Gas Holdings is a significant player in natural gas distribution in the Southwest and is expanding its infrastructure services segment. Its competitive advantages include its established infrastructure and customer base.

Total Addressable Market (TAM)

The natural gas distribution market is estimated at hundreds of billions of dollars annually. TAM for the North American utility infrastructure service market is estimated at 75 billion. Southwest Gas is positioned to capture a portion through its extensive network and services.

Upturn SWOT Analysis

Strengths

  • Established infrastructure and customer base
  • Regulated revenue streams in gas distribution
  • Growing infrastructure services segment
  • Geographic diversity in operating areas

Weaknesses

  • Exposure to natural gas price volatility
  • Regulatory risks and compliance costs
  • Dependence on weather conditions
  • Debt levels following recent acquisitions

Opportunities

  • Expansion of natural gas infrastructure in growing regions
  • Investments in renewable natural gas (RNG) and hydrogen
  • Acquisitions of other utility or infrastructure service companies
  • Increased demand for utility infrastructure maintenance and upgrade

Threats

  • Increasing competition from alternative energy sources (e.g., solar, wind)
  • Changes in environmental regulations
  • Economic downturn impacting customer demand
  • Cybersecurity risks to utility infrastructure

Competitors and Market Share

competitor logo Key Competitors

  • SRE
  • PCG
  • MTZ
  • PWR

Competitive Landscape

Southwest Gas competes with other utilities and infrastructure service providers on price, service quality, and geographic coverage. Its strengths lie in its established presence and diversified operations.

Major Acquisitions

Questar Pipelines

  • Year: 2021
  • Acquisition Price (USD millions): 1975
  • Strategic Rationale: Expanded Southwest Gas's infrastructure footprint and provided access to new markets.

Growth Trajectory and Initiatives

Historical Growth: Southwest Gas has grown through organic expansion and acquisitions, particularly in the infrastructure services sector.

Future Projections: Analyst estimates depend on market conditions, regulatory changes, and economic forecasts. Projections generally indicate moderate growth.

Recent Initiatives: Recent initiatives include investments in infrastructure upgrades, expansion of services, and exploration of renewable energy sources.

Summary

Southwest Gas is a stable utility company with a growing infrastructure services segment. Its regulated business provides consistent revenue, but it faces risks related to gas prices, regulations, and competition. Recent acquisitions have increased its debt, but also expanded its market reach and growth opportunities. The company needs to manage its debt and adapt to the evolving energy landscape to maintain its competitive position.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings, company reports, industry analysis reports, analyst estimates.

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Southwest Gas Holdings Inc

Exchange NYSE
Headquaters Las Vegas, NV, United States
IPO Launch date 1987-12-30
President, CEO & Director Ms. Karen S. Haller
Sector Utilities
Industry Utilities - Regulated Gas
Full time employees 11122
Full time employees 11122

Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California. The company operates through two segments, Natural Gas Distribution and Utility Infrastructure Services. It offers tariff sales and transportation services. The company also provides installation, replacement, repair, and maintenance of energy distribution systems, as well as undertakes gas construction works in North America. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.