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

$6.28 Billion USD  · Rank #3092

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

Southwest Gas Holdings Inc (NYSE:SWX) has a market capitalization of $6.28 Billion ($6.28 Billion) as of September 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #3092 globally and #1087 in its home market, demonstrating a -2.41% 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 $86.74 by its total outstanding shares 72445853 (72.45 Million). Also see SWX total assets for a full breakdown of the balance sheet.

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 $3.02 Billion to $6.28 Billion (5.81% CAGR). Also see cash efficiency ratio of Southwest Gas Holdings Inc for how efficiently the company converts equity into cash flow.

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
$3.41 Trillion 0.17% #217 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. Check latest Southwest Gas Holdings Inc stock price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

2.99x

Southwest Gas Holdings Inc's market cap is 2.99 times its annual revenue

Industry average: 0.49x Higher than industry average

Latest Price to Earnings (P/E) Ratio

13.18x

Southwest Gas Holdings Inc's market cap is 13.18 times its annual earnings

Industry average: 7.13x 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 $4.31 Billion $2.46 Billion $152.04 Million 1.75x 28.35x
2017 $4.64 Billion $2.55 Billion $193.84 Million 1.82x 23.93x
2018 $4.53 Billion $2.88 Billion $182.28 Million 1.57x 24.85x
2019 $4.62 Billion $3.12 Billion $213.94 Million 1.48x 21.59x
2020 $3.81 Billion $3.30 Billion $232.32 Million 1.16x 16.40x
2021 $4.55 Billion $3.68 Billion $200.78 Million 1.24x 22.65x
2022 $4.15 Billion $4.96 Billion -$203.29 Million 0.84x N/A
2023 $4.43 Billion $5.43 Billion $150.89 Million 0.81x 29.35x
2024 $5.12 Billion $5.11 Billion $198.81 Million 1.00x 25.77x
2025 $5.80 Billion $1.94 Billion $439.83 Million 2.99x 13.18x

Competitor Companies of SWX by Market Capitalization

Companies near Southwest Gas Holdings Inc in the global market cap rankings as of September 18, 2026. Review Southwest Gas Holdings Inc tangible equity quality to assess the quality of the company's equity after excluding intangible assets.

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

  • Atmos Energy Corporation (NYSE:ATO): Ranked #991 globally with a market cap of $27.03 Billion USD.
  • Naturgy Energy Group SA (MC:NTGY): Ranked #1078 globally with a market cap of $24.77 Billion USD ( €21.19 Billion EUR).
  • NATURGY ENERGY ADR1/5/E01 (F:GANA): Ranked #1099 globally with a market cap of $24.24 Billion USD ( €20.73 Billion EUR).
  • Uniper SE (XETRA:UN0): Ranked #1242 globally with a market cap of $20.78 Billion USD ( €17.78 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#991 Atmos Energy Corporation NYSE:ATO $27.03 Billion $161.96
#1078 Naturgy Energy Group SA MC:NTGY $24.77 Billion €29.58
#1099 NATURGY ENERGY ADR1/5/E01 F:GANA $24.24 Billion €5.35
#1242 Uniper SE XETRA:UN0 $20.78 Billion €49.40

Southwest Gas Holdings Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Southwest Gas Holdings Inc's market cap moved from $3.02 Billion to $ 6.28 Billion, with a yearly change of 5.81%.

Year Market Cap Change (%)
2026 $6.28 Billion +8.40%
2025 $5.80 Billion +13.17%
2024 $5.12 Billion +15.68%
2023 $4.43 Billion +6.61%
2022 $4.15 Billion -8.66%
2021 $4.55 Billion +19.33%
2020 $3.81 Billion -17.50%
2019 $4.62 Billion +1.97%
2018 $4.53 Billion -2.32%
2017 $4.64 Billion +7.58%
2016 $4.31 Billion +42.51%
2015 $3.02 Billion --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of Southwest Gas Holdings Inc was reported to be:

Source Market Cap
Yahoo Finance $6.28 Billion USD
MoneyControl $6.28 Billion USD
MarketWatch $6.28 Billion USD
marketcap.company $6.28 Billion USD
Reuters $6.28 Billion USD

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

About Southwest Gas Holdings Inc

NYSE:SWX USA Utilities - Regulated Gas
Market Cap
$6.28 Billion
Market Cap Rank
#3092 Global
#1087 in USA
Share Price
$86.74
Change (1 day)
-0.09%
52-Week Range
$77.23 - $94.05
All Time High
$94.05
About

Southwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California in the United States. The company offers tariff sales and transportation services. It also operates a pipeline transmission system, including an LNG storage facility. As of Decem… Read more