Companies: 10,795·Total market cap: $144.5T
Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc.

SWXNYSEUtilities● Active
$87.63
$-1.09(-1.23%)
Market Cap$6.3B
P/E Ratio
52W High$94.43
52W Low$70.03

Southwest Gas Holdings, Inc. (SWX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

swx · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Southwest Gas Holdings, Inc. (SWX) measures how much investors pay for each dollar of the company's trailing earnings. SWX's current PE ratio of 13.67x is calculated by dividing its stock price of $87.63 by its TTM earnings per share of $6.41. −34.1% discount vs 5Y avg 20.7x

13.67x
P/E Ratio (TTM)34.1%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
18.04x
FY2027 est. EPS $4.86
Based on 5 analysts
EPS (TTM)
$6.41
TTM · diluted EPS
PEG Ratio
0.13
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Southwest Gas Holdings, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 20.7x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 19 fiscal years · Front-end computed
Average
18.9x
19-yr mean
Median
18.6x
19-yr midpoint
Minimum
13.1x
Lowest year
Maximum
29.7x
Highest year
13.7x ← Now
13.1x
Min
Q1 · 25%18.6x
Median
Q3 · 75%29.7x
Max
Historically Low

At 13.67x, SWX's current P/E is lower than in 5% of its annual fiscal year readings over the past 19 years — historically low.

5th percentileHigher than 1 of 19 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Regulated Gas · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Southwest Gas Holdings, Inc.
Southwest Gas Holdings, Inc.You
SWX
$6.3B13.67x+5.4%$6.41
Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation
BIPC
$4.9BN/A-$2.06
CMS Energy Corporation
CMS Energy Corporation
CMS
$22.0B19.63x+51.3%$3.56
Enel Chile S.A.
Enel Chile S.A.
ENIC
$5.7B0.21x-98.4%$19.43
New Jersey Resources Corporation
New Jersey Resources Corporation
NJR
$5.5B14.38x+10.9%$3.35
ONE Gas, Inc.
ONE Gas, Inc.
OGS
$4.8B17.59x+35.6%$4.39
PG&E Corporation
PG&E Corporation
PCG
$36.4B13.06x+0.7%$1.23
Industry Average
5 peers with valid PE
12.97xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
13.13x$6.09-48.6%
2024-12-31
FY2024
25.55x$2.77-14.0%
2023-12-31
FY2023
29.72x$2.13
2022-12-31
FY2022
$-3.10
2021-12-31
FY2021
20.64x$3.39+40.9%
2020-12-31
FY2020
14.64x$4.15-24.0%
2019-12-31
FY2019
19.26x$3.94-7.1%
2018-12-31
FY2018
20.74x$3.69+4.1%
2017-12-31
FY2017
19.91x$4.04-16.8%
2016-12-31
FY2016
23.92x$3.20+27.6%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Southwest Gas Holdings, Inc. (SWX) measures how much investors pay for each dollar of the company's trailing earnings. SWX's current PE ratio of 13.67x is calculated by dividing its stock price of $87.63 by its TTM earnings per share of $6.41.

PE Ratio = Stock Price ÷ EPS (TTM)
= $87.63 ÷ $6.41 = 13.67x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

SWX pe ratio · 6 questions

SWX's current PE ratio is 13.67x as of 2026-06-08, based on a stock price of $87.63 and TTM EPS of $6.41. Data sourced from Financial Modeling Prep via SWX's SEC 10-K and 10-Q filings.

SWX PE ratioWhat is SWX PE ratioCurrent PE ratio of SWXSWX PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Southwest Gas Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08