Finanzas de Southwest Gas Holdings Inc (SWX)SWXSouthwest Gas Holdings Inc

Southwest Gas Holdings, Inc. (SWX) generates its revenue primarily from Natural Gas Operations, which accounts for 100.0% of total sales, equivalent to $316.91M. Understanding this concentration is critical for investors evaluating how SWX navigates market cycles within the Natural Gas Utilities industry.

Evaluating the bottom line, Southwest Gas Holdings, Inc. maintains a gross margin of 67.53%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 23.54%, while the net margin is 11.76%. These profitability ratios, combined with a Return on Equity (ROE) of 7.17%, provide a clear picture of how effectively SWX converts its operational activities into shareholder value.

In the context of the broader market, SWX competes directly with industry leaders such as BKH and NJR. With a market capitalization of $6.45B, it holds a leading position in the sector. When comparing efficiency, SWX's gross margin of 67.53% stands against BKH's 58.30% and NJR's 42.36%. Such benchmarking helps identify whether Southwest Gas Holdings, Inc. is trading at a premium or discount relative to its financial performance.

The company reported a net income of $42.1 million in Q2 2026, a significant recovery from a net loss of $40.2 million in the prior year. However, revenue for Q2 was $358.15 million, reflecting a 9.6% year-over-year decline.