Southwest Gas Holdings Inc

NYSE:SWX USA Utilities - Regulated Gas
Market Cap
$6.31 Billion
Market Cap Rank
#2500 Global
#1754 in USA
Share Price
$87.37
Change (1 day)
-1.03%
52-Week Range
$66.91 - $89.60
All Time High
$89.60
About

Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California. The company operates through two segments, Natural Gas Distribution and Utility Infrastructure Services. It offers tariff sales and transportation services. The company also provides installation, repla… Read more

Market Cap & Net Worth: Southwest Gas Holdings Inc (SWX)

Southwest Gas Holdings Inc (NYSE:SWX) has a market capitalization of $6.31 Billion ($6.31 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2500 globally and #1754 in its home market, demonstrating a -0.39% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Southwest Gas Holdings Inc's stock price $87.37 by its total outstanding shares 72183903 (72.18 Million).

Southwest Gas Holdings Inc Market Cap History: 2015 to 2026

Southwest Gas Holdings Inc's market capitalization history from 2015 to 2026. Data shows growth from $3.01 Billion to $6.31 Billion (6.17% CAGR).

Index Memberships

Southwest Gas Holdings Inc is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P Midcap 400
MID
$3.04 Trillion 0.17% #215 of 401

Weight: Southwest Gas Holdings Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Southwest Gas Holdings Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Southwest Gas Holdings Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

1.00x

Southwest Gas Holdings Inc's market cap is 1.00 times its annual revenue

Industry average:
6.67x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

25.67x

Southwest Gas Holdings Inc's market cap is 25.67 times its annual earnings

Industry average:
3.07x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $4.30 Billion $2.46 Billion $152.04 Million 1.75x 28.25x
2016 $4.30 Billion $2.50 Billion $152.98 Million 1.72x 28.08x
2017 $4.62 Billion $2.55 Billion $193.84 Million 1.81x 23.84x
2018 $4.51 Billion $2.88 Billion $182.28 Million 1.57x 24.76x
2019 $4.60 Billion $3.12 Billion $213.94 Million 1.48x 21.51x
2020 $3.80 Billion $3.30 Billion $232.32 Million 1.15x 16.34x
2021 $4.53 Billion $3.68 Billion $200.78 Million 1.23x 22.57x
2022 $4.14 Billion $4.96 Billion -$203.29 Million 0.83x N/A
2023 $4.41 Billion $5.43 Billion $150.89 Million 0.81x 29.24x
2024 $5.10 Billion $5.11 Billion $198.81 Million 1.00x 25.67x

Competitor Companies of SWX by Market Capitalization

Companies near Southwest Gas Holdings Inc in the global market cap rankings as of March 18, 2026.

Key companies related to Southwest Gas Holdings Inc by market ranking:

  • Atmos Energy Corporation (NYSE:ATO): Ranked #676 globally with a market cap of $30.35 Billion USD.
  • NiSource Inc (NYSE:NI): Ranked #895 globally with a market cap of $21.94 Billion USD.
  • GAIL (India) Limited (PINK:GAILF): Ranked #1269 globally with a market cap of $14.55 Billion USD.
  • Osaka Gas Co. Ltd (OTCGREY:OSGSY): Ranked #1477 globally with a market cap of $11.89 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#676 Atmos Energy Corporation NYSE:ATO $30.35 Billion $186.98
#895 NiSource Inc NYSE:NI $21.94 Billion $47.26
#1269 GAIL (India) Limited PINK:GAILF $14.55 Billion $10.80
#1477 Osaka Gas Co. Ltd OTCGREY:OSGSY $11.89 Billion $32.81

Southwest Gas Holdings Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Southwest Gas Holdings Inc's market cap moved from $3.01 Billion to $ 6.31 Billion, with a yearly change of 6.17%.

Year Market Cap Change (%)
2026 $6.31 Billion +9.19%
2025 $5.78 Billion +13.17%
2024 $5.10 Billion +15.68%
2023 $4.41 Billion +6.61%
2022 $4.14 Billion -8.66%
2021 $4.53 Billion +19.33%
2020 $3.80 Billion -17.50%
2019 $4.60 Billion +1.97%
2018 $4.51 Billion -2.32%
2017 $4.62 Billion +7.58%
2016 $4.30 Billion +42.51%
2015 $3.01 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Southwest Gas Holdings Inc was reported to be:

Source Market Cap
Yahoo Finance $6.31 Billion USD
MoneyControl $6.31 Billion USD
MarketWatch $6.31 Billion USD
marketcap.company $6.31 Billion USD
Reuters $6.31 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.