Southwest Gas Holdings, Inc.
SWXUtilitiesNASDAQUtilities - Regulated Gas · Last scanned Oct 26, 2026
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Daily timeframeHeadquartered within the utilities sector, Southwest Gas Holdings, Inc. focuses on Utilities - Regulated Gas services and products. Southwest 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 $6.60B, it sits in mid-cap territory. The company offers tariff sales and transportation services.
Market Cap
$6.60B
Beta
0.56
P/E (TTM)
22.79
P/E (Fwd)
18.12
EPS (TTM)
$4.00
EPS (Fwd)
$5.03
ROE
6.8%
ROA
2.8%
Cash
$270.5M
Total Debt
$3.51B
Free CF
-$390.8M
52W Change
12.5%
Annual Financials
Cash vs Debt
Where SWX stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, SWX finished 1.93% below its 150-day moving average ($88.09) and 0.63% below its 200-day moving average ($86.94). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is SWX overbought or oversold?
At the October 20, 2026 close, SWX's RSI(14) was 69.6, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Southwest Gas Holdings, Inc. carries $3.51B in total debt against $270.5M in cash reserves — debt is roughly 13.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$390.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 6.8% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. 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.
With a beta below 0.7, Southwest Gas Holdings, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Southwest Gas Holdings, Inc.'s trajectory.