Southwest Gas Corporation

SWX Utilities Utilities Regulated Gas

Revenue
−5.91%
EPS
−95.3%
Free cash flow
−30.1%
Total debt
+0.70%

Quarter to September 2026, against a year earlier

90.42 1.91 −2.07%
Market cap
$6.6B
P/E
22.1×
Fwd P/E
21.4×
Dividend yield
2.80%
F-score
6/9
Altman Z
1.04
Beneish M
−2.87
Dividend safety
45/100

Southwest Gas Corporation (SWX) Current ratio

Alert me on Current ratio

Southwest Gas Corporation's current ratio at the end of the quarter to 30 September 2026 was 0.9×, down 0.4× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 0.5× (fiscal 2021) to 1.3× (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Regulated Gas industry median of 0.8× and in line with the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× 60.39%
FY2024 0.8× (28.41%)
FY2023 1.1× 3.07%
FY2022 1.1× 108.75%
FY2021 0.5× (45.67%)
FY2020 1.0× 19.94%
FY2019 0.8× (11.00%)
FY2018 0.9× 11.10%
FY2017 0.8× (5.11%)
FY2016 0.8× (18.64%)

Quarterly newest first

Period Current ratio Change
Sep 2026 0.9× (20.64%)
Jun 2026 1.1× (22.95%)
Mar 2026 1.4× 13.03%
Dec 2025 1.3× (17.04%)
43 more quarters

Against its own ten years

Low 0.5× High 1.3×
Ten-year median 0.9×
Current reading's percentile 100

Current ratio against peers

Company Current ratio
UGI UGI Corporation compare 1.4×
MDU MDU Resources Group, Inc. compare 1.0×
SWX Southwest Gas Corporation 0.9×
NWN Northwest Natural Gas Company compare 0.8×
NJR NewJersey Resources Corporation compare 0.7×
OGS ONE Gas, Inc. compare 0.6×
BKH Bright Horizon Energy Corporation compare 0.5×
SR Spire Inc. compare 0.4×
CPK Chesapeake Utilities Corporation compare 0.3×
Utilities Regulated Gas industry median 0.8×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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