Symbols

SWX

Southwest Gas·NYSE

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SWX fundamentals

SWX Q4 2025 Earnings

Southwest Gas (SWX) released its earnings on Feb 25, 2026: revenue was 480.74M (YoY -62.15%), missed estimates; EPS was 1.43 (YoY +11.72%), beat estimates.

Revenue / YoY

480.74M

-62.15%

EPS / YoY

1.43

+11.72%

Report date

Feb 25, 2026

SWX Earnings Call Summary for Q4,2025

Leadership Transition: Karen Haller retiring, Justin Brown to lead with 2026 dividend increase to $2.58.
Financial Performance: 2025 EPS up 19% to $3.65; 2026 guidance of $4.17–$4.32 EPS.
Growth Drivers: 12-14% long-term EPS CAGR, front-loaded at 15-17% in 2028-2029 due to Great Basin.
Great Basin Project: $1.7B investment, $215–$245M annual margin post-2028 in-service.
Regulatory Progress: Nevada and Arizona formula rates targeting 100bps lag reduction.
Credit Strength: >300bps cushion above 13% downgrade threshold, 50-50 debt-equity structure.

Earnings

EPS

Revenue

Revenue & Expenses

SWX has released its 2025 Q4 earnings report, with revenue of 480.74M, reflecting a YoY change of -13.08%, and net profit of 68.36M, showing a YoY change of -27.58%. The Sankey diagram below clearly presents SWX's revenue sources and cost distribution.

Key Indicators

Southwest Gas (SWX) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Southwest Gas (SWX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Breakdown

Balance Sheet

Southwest Gas (SWX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

Southwest Gas (SWX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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