Southwest Gas Holdings, Inc.
SWXUtilitiesNASDAQUtilities - Regulated Gas
Scan Results
Daily timeframeSouthwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona,. With a market capitalization of $6.24B, it sits in mid-cap territory. The company offers tariff sales and transportation services.
Market Cap
$6.24B
Beta
0.62
P/E (TTM)
26.12
P/E (Fwd)
17.63
EPS (TTM)
$3.30
EPS (Fwd)
$4.89
ROE
6.1%
ROA
2.8%
Cash
$484.8M
Total Debt
$3.51B
Free CF
-$294.7M
52W Change
20.3%
Annual Financials
Cash vs Debt
The company holds $484.8M in cash, though total debt stands at $3.51B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$294.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 6.1%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.8% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $4.96B (2022) to $1.94B (2025), a 61% decline worth watching.
The relatively low beta of 0.62 suggests SWX is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing SWX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.