Southwest Gas Corporation

SWX Utilities Utilities Regulated Gas

In the quarter to June 2026, revenue fell 9.63%, EPS grew 422.2%, free cash flow fell 157.6% and total debt fell 25.1%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

87.75 1.55 +1.80%
Market cap
$6.2B
P/E
11.4×
Fwd P/E
20.8×
Dividend yield
2.88%
F-score
6/9
Altman Z
1.04
Beneish M
−3.18
Dividend safety
45/100

Southwest Gas Corporation (SWX) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Southwest Gas Corporation (SWX) trades at a P/E ratio of 11.4×. Over the past ten years it has ranged from 0.0× (December 2023) to 36.1× (August 2022); the current reading is higher than 9% of that period. That is below the Utilities Regulated Gas industry median of 16.5× and below the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.2× (52.36%)
FY2024 25.5× (14.67%)
FY2023 29.9× —
FY2022 0.0× —
FY2021 20.4× 38.84%
FY2020 14.7× (23.33%)
FY2019 19.2× (7.71%)
FY2018 20.8× 5.58%
FY2017 19.7× (17.54%)
FY2016 23.9× 27.70%

Quarterly newest first

Period P/E ratio Change
Jun 2026 11.6× (8.06%)
Mar 2026 12.6× 3.41%
Dec 2025 12.2× (0.03%)
Sep 2025 12.2× (56.01%)
42 more quarters

Against its own ten years

Low 0.0× High 36.1×
Ten-year median 20.1×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
SR Spire Inc. compare 9.1×
SWX Southwest Gas Corporation 11.4×
UGI UGI Corporation compare 12.3×
NJR NewJersey Resources Corporation compare 14.3×
OGS ONE Gas, Inc. compare 16.2×
NWN Northwest Natural Gas Company compare 16.3×
BKH Black Hills Corporation compare 19.3×
MDU MDU Resources Group, Inc. compare 20.0×
CPK Chesapeake Utilities Corporation compare 21.0×
Utilities Regulated Gas industry median 16.5×
Utilities sector median 20.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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