The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

SWX

Concerning the House

Southwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California in the United States. The company offers tariff sales and transportation services. It also operates a pipeline transmission system, including an LNG storage facility. As of December 31, 2025, the company served approximately 2,281,000 customers with 1,224,000 in Arizona, 849,000 in Nevada, and 208,000 in California. Southwest Gas Holdings, Inc. was founded in 1931 and is headquartered in Las Vegas, Nevada.

United States · www.swgasholdings.com

The Long Run

FY 2017–2025 · 9 years

LineLatestCAGRTrend
Revenue$3.68B+7.0%
Operating income$473.89M+5.6%
Net income$439.83M+137.2%
Cash from ops$509.21M-0.5%
Quotation

$92.09

-0.08 (-0.1%)

52w hi$93.37
52w lo$74.73
Vol207.78K
As ofAug 13
The Verdict

Hold

Our score -0.16

Short+0.18
Medium-0.32
Long-0.53

computed 2026-08-13

By the Numbers

Southwest Gas Holdings, Inc.

Utilities · Utilities - Regulated Gas

Market cap$6.67B
Enterprise value$9.92B
Trailing P/E23.67x
Forward P/E18.65x
EV / EBITDA11.56x
P / S (ttm)3.83x
Profit margin31.4%
Return on equity6.8%
Revenue growth-9.6%
Earnings growth
Debt / equity85.08
Risk Metrics
Beta vs SPX0.27
Corr SPX0.21
Annual vol21.2%
Annual ret+15.1%
Sharpe0.71
Max DD-15.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.09
Sector-0.01
Technical+0.11
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$92.72$93.25$91.91$92.09207.78K
Aug 12$90.50$92.37$90.46$92.17400.20K
Aug 11$89.85$92.01$89.85$91.51409.60K
Aug 10$91.57$91.87$90.19$90.56353.70K
Aug 7$91.85$92.60$91.24$92.09365.30K