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

Southwest Gas Holdings, Inc.

SWXNYSEUtilities● Active
$88.72
+$1.55(+1.78%)
Market Cap$6.4B
P/E Ratio
52W High$94.43
52W Low$70.03

Southwest Gas Holdings, Inc. (SWX) Revenue

Annual & quarterly revenue history · segment & region breakdown

SWX · revenue · updated Jun 8, 2026

Core revenue metrics

Southwest Gas Holdings, Inc. trailing twelve-month (TTM) revenue is $2.50B, a decrease of 62.05% year-over-year from $1.94B in FY2025.

TTM revenue
$2.50B
4-quarter sum · USD
YoY growth
-62.05%
vs FY2025 $1.94B
Price / sales
2.57×
mktCap ÷ TTM rev
Revenue per day
$7M
Est. TTM ÷ 365
Revenue / employee
$225K
11122 employees
FY2025
$1.94B
FY2024
$5.11B
5Y CAGR
+-12.0%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · Southwest Gas Holdings, Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252006 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-31$1.94B-$3.17B-62.05%
2024-12-31$5.11B-$0.32B-5.92%
2023-12-31$5.43B+$0.47B+9.56%
2022-12-31$4.96B+$1.28B+34.77%
2021-12-31$3.68B+$0.38B+11.57%
2020-12-31$3.30B+$0.18B+5.74%
2019-12-31$3.12B+$0.24B+8.33%
2018-12-31$2.88B+$0.33B+13.00%
2017-12-31$2.55B+$0.09B+3.59%
2016-12-31$2.46B-$0.00B-0.13%
SWX revenue by year · SWX revenue history · SWX annual revenue data

Compare revenue vs peers

Regulated Gas

Compare SWX revenue against listed peers. Click any row to open that company's revenue tab.

Revenue breakdown

Segment & Geography
By business segment
Total$2.64B
$1.46B55.3%
$1.18B44.7%
By geography
Total$5.11B
$4.91B96.1%
$0.20B3.9%
Data from Southwest Gas Holdings, Inc. annual 10-K filing · FY ending 2024-12-31
SWX revenue breakdown · SWX revenue by segment · SWX revenue by region

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income Southwest Gas Holdings, Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

Southwest Gas Holdings, Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from Southwest Gas Holdings, Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

SWX revenue · 4 questions

SWX's trailing twelve-month (TTM) revenue is $2.50B. That is a decrease of 62.05% year-over-year from $1.94B in FY2025.

SWX revenueSWX annual revenuewhat is SWX revenueSWX TTM revenue

Source: FMP · Southwest Gas Holdings, Inc. SEC filings · GAAP · Southwest Gas Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026