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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Southwest Gas Corporation (SWX) trades at a P/E ratio of 22.1×. Over the past ten years it has ranged from 0.0× (December 2023) to 36.1× (August 2022); the current reading is higher than 60% of that period. That is above the Utilities Regulated Gas industry median of 18.5× and above the Utilities sector median of 19.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.9× (49.44%)
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
Sep 2026 19.9× 72.17%
Jun 2026 11.6× (13.12%)
Mar 2026 13.3× 3.11%
Dec 2025 12.9× (0.16%)
43 more quarters

Against its own ten years

Low 0.0× High 36.1×
Ten-year median 20.2×
Current reading's percentile 52

P/E ratio against peers

Company P/E ratio
SR Spire Inc. compare 9.9×
UGI UGI Corporation compare 11.9×
NJR NewJersey Resources Corporation compare 15.0×
NWN Northwest Natural Gas Company compare 17.1×
OGS ONE Gas, Inc. compare 17.3×
MDU MDU Resources Group, Inc. compare 19.5×
BKH Bright Horizon Energy Corporation compare 20.6×
SWX Southwest Gas Corporation 22.1×
CPK Chesapeake Utilities Corporation compare 22.3×
Utilities Regulated Gas industry median 18.5×
Utilities sector median 19.5×
Market median 17.9×

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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