SWXSouthwest Gas Holdings, Inc.
Is it growing?
Growing: earnings up +248% year on year and operating margin widening (+20.6 points).
Trailing-twelve-month earnings per share against a year earlier.
Trailing-twelve-month operating margin, 26.4% now against 5.8% a year earlier.
All from SEC EDGAR, as of Jun 30, 2026.
Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.
Is SWX growing?
Southwest Gas Holdings, Inc. has grown revenue −32% a year over three years and −13% a year over five.
Revenue growth, 3-year annual rate · Utilities - Regulated Gas median +5.4% · shrinking · compounded from trailing twelve-month revenue
- Revenue growth, 5-year rate
- −13%
Revenue growth, 5-year rate · −32% over three · growth has slowed since the five-year average
- Years of annual history on file
- 11
Years of annual history on file · FY2015 to FY2025, as filed
Details›
- Revenue FY2021
- $3.68B
- Revenue FY2022
- $4.96B
- Revenue FY2023
- $5.43B
- Revenue FY2024
- $2.48B
- Revenue FY2025
- $1.94B
Annual income statements as filed with the SEC.
Utilities, Regulated Gas
Ranks #10 of 11 by RyuScore