Price
Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.
Smart Score
Below averageThe Company, a Delaware corporation, is a holding company headquartered in Las Vegas, Nevada, owning all of the shares of common stock of Southwest Gas and, until the Centuri IPO on April 22, 2024, all of the shares of common stock of Centuri. The Company operated two reportable segments until August 2025, the Natural Gas Distribution segment (Southwest Gas) and Utility Infrastructure Services segment (Centuri). After the deconsolidation of Centuri in August 2025, the business is solely comprised of the Natural Gas Distribution segment.
In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR
Business segments
Q2 2025 · $724.1MThe company’s own SEC segment disclosure.
- Gas Infrastructure Services$391.9M54%
- Electric Power Infrastructure Services$332.1M46%
Southwest Gas Holdings, Inc. (SWX) reported revenue of $358M in Q2 2026 (quarter ended June 30, 2026), down 9.6% from the same quarter a year earlier. That came with net income of $42M (12% of revenue). For the full year FY2025, revenue was $1.94B (−22% year on year) and net income $440M. Its largest product in 2025-Q2 was Gas Infrastructure Services at $392M, 54% of the disclosed total, just ahead of Electric Power Infrastructure Services at 46%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.
Utilities - Regulated Gas
Ranks #11 of 13 by Smart Score