Southwest Gas Holdings, Inc. Financial Summary

Quick Answer

Southwest Gas Holdings, Inc. reported Net Income of $439.83 million for fiscal year 2025.

Southwest Gas Holdings, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Net Income $439.83M
+121.2%
$198.81M
+31.8%
$150.89M
+174.2%
-$203.29M
-201.3%
$200.78M
-13.6%
$232.32M
+8.6%
Diluted EPS $6.08
+120.3%
$2.76
+29.6%
$2.13
+168.7%
-$3.10
-191.4%
$3.39
-18.1%
$4.14
+5.1%
Total Assets $10.43B
-13.6%
$12.07B
+30.1%
$9.28B
-29.7%
$13.20B
+3.4%
$12.77B
+46.1%
$8.74B
+6.9%
Cash and Equivalents $576.64M
+83.2%
$314.77M
+195.5%
$106.54M
-13.4%
$123.08M
-44.7%
$222.70M
+167.2%
$83.35M
+68.3%
Long-Term Debt $3.43B
-2.1%
$3.50B
-24.0%
$4.61B
+4.7%
$4.40B
+7.0%
$4.12B
+50.6%
$2.73B
+18.8%
Stockholders Equity $3.65B
+4.1%
$3.50B
+5.9%
$3.31B
+8.2%
$3.06B
+3.6%
$2.95B
+10.4%
$2.67B
+6.7%
Operating Income $473.89M
+16.6%
$406.47M
+38.7%
$292.98M
+1300.8%
-$24.40M
-106.6%
$369.55M
-12.6%
$423.00M
+13.8%
Shares Outstanding 72.22M
+0.6%
71.78M
+0.3%
71.56M
+6.6%
67.12M
+11.1%
60.42M
+5.6%
57.19M
+4.0%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue June 30, 2021 $291.34M +12.5% -45.6%
Revenue (ASC 606) June 30, 2021 $291.34M +12.5% -45.6%
Net Income September 30, 2025 $270.48M +93490.3% +2199.5%
Diluted EPS September 30, 2025 $3.74 +2177.8%
Total Assets September 30, 2025 $10.33B -13.0% -15.4%
Cash and Equivalents September 30, 2025 $778.63M +70.5% +118.9%
Long-Term Debt September 30, 2025 $3.51B -20.0% -20.2%
Stockholders Equity September 30, 2025 $3.93B +13.7% +6.9%
Operating Income September 30, 2025 $37.01M +83.9% -61.2%
Shares Outstanding September 30, 2025 72.18M +0.6% +0.3%
  • Southwest Gas Holdings, Inc. reported Net Income of $439.83 million for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +121.2% in Net Income compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Diluted EPS of $6.08 per share for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +120.3% in Diluted EPS compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Total Assets of $10.43 billion for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed a decrease of -13.6% in Total Assets compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Cash and Equivalents of $576.64 million for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +83.2% in Cash and Equivalents compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Long-Term Debt of $3.43 billion for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +0.0% in Long-Term Debt compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Stockholders Equity of $3.96 billion for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +1.7% in Stockholders Equity compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Operating Income of $473.89 million for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +16.6% in Operating Income compared to the prior fiscal year.
  • Southwest Gas Holdings, Inc. reported Shares Outstanding of 72.22 million shares for fiscal year 2025.
  • Southwest Gas Holdings, Inc. showed an increase of +0.6% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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