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

Southwest Gas Holdings, Inc.

SWXNYSEUtilities● Active
$88.40
$-0.32(-0.36%)
Market Cap$6.4B
P/E Ratio—
52W High$94.43
52W Low$70.03
Cash on HandFinancialsRevenue

Southwest Gas Holdings, Inc. (SWX) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

SWX · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$576.6M▲ +58.5% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$576.6M
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
+58.5%
vs prior fiscal year
Latest Quarter
$484.8M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$576.6MCash on Hand
Total Debt$3.51BTotal Debt
Net Cash / Net Debt−$2.93BNet Debt Position
Cash vs Debt Ratio
Cash 14%Debt 86%

Southwest Gas Holdings, Inc. carries a net debt position of $2.93B. Total debt ($3.51B) exceeds cash on hand ($576.6M). Southwest Gas Holdings, Inc. cash vs debt ratio: 14% cash / 86% debt.

Net Cash = Cash & ST Investments − Total Debt$576.6M − $3.51B = −$2.93B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
SWX annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$576.6M+58.5%
Dec 31, 2024$363.8M+241.5%
Dec 31, 2023$106.5M-13.4%
Dec 31, 2022$123.1M-44.7%
Dec 31, 2021$222.7M+167.2%
SWX cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Utilities Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
GE Vernova Inc.
GE Vernova Inc.
GEV
$8.85B3.5%#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$2.81B1.6%#3
The Southern Company
The Southern Company
SO
$1.64B1.6%
#4
Southwest Gas Holdings, Inc.
Southwest Gas Holdings, Inc.YOU
SWX
$576.6M9.0%
#5
Duke Energy Corporation
Duke Energy Corporation
DUK
$245.0M0.3%
Utilities sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Southwest Gas Holdings, Inc. (SWX) cash on hand as of December 31, 2025 is $576.6M, comprising $576.6M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Southwest Gas Holdings, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Southwest Gas Holdings, Inc. cash reserves or cash position.

Southwest Gas Holdings, Inc. annual cash on hand history shows increased +58.5% in 2025: increased +58.5% in 2025. Southwest Gas Holdings, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Southwest Gas Holdings, Inc. carries total debt of $3.51B against cash of $576.6M, resulting in a net debt position of -$2.93B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

SWX cash on hand · 5 questions

As of December 31, 2025, Southwest Gas Holdings, Inc. (SWX) has $576,645,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $576,645,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $484,752,000. Data sourced from the annual 10-K filing via FMP.

SWX cash on handSWX cash reservesSWX cash 2025how much cash does SWX have

▸ Source: FMP /balance-sheet-statement · US GAAP · Southwest Gas Holdings, Inc. · Southwest Gas Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025