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/S ratio

Alert me on P/S ratio

As of 5 November 2026, Southwest Gas Corporation (SWX) trades at a P/S ratio of 3.8×. Over the past ten years it has ranged from 0.7× (May 2023) to 3.9× (November 2026); the current reading is higher than 99% of that period. That is above the Utilities Regulated Gas industry median of 2.2× and above the Utilities sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.0× 199.51%
FY2024 1.0× 19.14%
FY2023 0.8× 2.13%
FY2022 0.8× (27.46%)
FY2021 1.1× 9.16%
FY2020 1.0× (21.93%)
FY2019 1.3× 0.62%
FY2018 1.3× (12.52%)
FY2017 1.5× 1.80%
FY2016 1.5× 40.11%

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.4× (6.99%)
Jun 2026 3.7× 4.39%
Mar 2026 3.5× 18.90%
Dec 2025 3.0× 43.60%
43 more quarters

Against its own ten years

Low 0.7× High 3.9×
Ten-year median 1.3×
Current reading's percentile 99

P/S ratio against peers

Company P/S ratio
UGI UGI Corporation compare 1.1×
NWN Northwest Natural Gas Company compare 1.7×
SR Spire Inc. compare 2.1×
MDU MDU Resources Group, Inc. compare 2.1×
OGS ONE Gas, Inc. compare 2.2×
NJR NewJersey Resources Corporation compare 2.5×
BKH Bright Horizon Energy Corporation compare 2.7×
CPK Chesapeake Utilities Corporation compare 3.4×
SWX Southwest Gas Corporation 3.8×
Utilities Regulated Gas industry median 2.2×
Utilities sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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