SWX Southwest Gas Holdings PE ratio, current and historical analysis

The current PE ratio for Southwest Gas Holdings stock as of Apr 1, 2025 is 25.96. This is calculated based on the TTM EPS of $2.77 and the stock price of $71.92 per share. The PE ratio marks a decrease of 6% from its last 4 quarters average of 27.7.

SWX PE ratio history

How has SWX's PE ratio performed in the past

The average historical PE ratio of Southwest Gas Holdings for the last ten years is 21.98. The current P/E ratio of 25.96 is 18% higher than the historical average. Looking back at the last ten years, SWX's PE ratio peaked in the Jun 2022 quarter at 35.54, when the price was $87.08 and the EPS was $2.45. The lowest point was in the Mar 2021 quarter, when it reached 14.08 with a price of $68.71 and an EPS of $4.88.

Today
25.96
Average
21.98
Median
21.37
Minimum
14.08
Maximum
35.54

Southwest Gas Holdings PE ratio by year

Maximum annual increase: 41.12% in 2021

Maximum annual decrease: -24.07% in 2020

Year PE ratio PE change Price EPS
2024 25.53 -14.16% $70.71 $2.77
2023 29.74 N/A $63.35 $2.13
2022 N/A N/A $61.88 -$3.1
2021 20.66 41.12% $70.05 $3.39
2020 14.64 -24.07% $60.75 $4.15
2019 19.28 -6.99% $75.97 $3.94
2018 20.73 4.07% $76.5 $3.69
2017 19.92 -16.79% $80.48 $4.04
2016 23.94 27.61% $76.62 $3.2
2015 18.76 -7.72% $55.16 $2.94
2014 20.33 14.15% $61.81 $3.04
2013 17.81 21.4% $55.91 $3.14
2012 14.67 -15.4% $42.41 $2.89
2011 17.34 8.31% $42.49 $2.45
2010 16.01 9.43% $36.67 $2.29

Southwest Gas Holdings PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 25.53 -13.46% $70.71 $2.77
Sep 2024 29.5 6.88% $73.76 $2.5
Jun 2024 27.6 -2.47% $70.38 $2.55
Mar 2024 28.3 -4.84% $76.13 $2.69
Dec 2023 29.74 N/A $63.35 $2.13
Sep 2023 N/A N/A $60.41 -$3.17
Jun 2023 N/A N/A $63.65 -$3.4
Mar 2023 N/A N/A $62.45 -$3.9
Dec 2022 N/A N/A $61.88 -$3.1
Sep 2022 28.35 -20.23% $69.75 $2.46
Jun 2022 35.54 35.29% $87.08 $2.45
Mar 2022 26.27 27.15% $78.29 $2.98
Dec 2021 20.66 27.3% $70.05 $3.39
Sep 2021 16.23 13.5% $66.88 $4.12
Jun 2021 14.3 1.56% $66.19 $4.63

SWX average PE ratio chart

What is the average PE ratio of SWX for the past years

SWX's current PE ratio is higher than the 5 and 10-year averages, but it is lower than its 3-year average.

3-year avg
29.22
5-year avg
22.99
10-year avg
21.98
15-year avg
19.97

SWX PE vs peers

What is SWX's PE ratio compared to its peers

In comparison to its peer STR, SWX's PE ratio is lower, but it is higher than OKE's and SRE's. Southwest Gas Holdings's PE ratio is trading above the peer average of 20.38.

Stock name PE ratio Market cap
SRE Sempra Energy 16.12 $46.62B
OKE Oneok Inc 19.17 $62.12B
NWN Northwest Natural Holding Co 21.19 $1.73B
ATO Atmos Energy Corp 22.13 $24.59B
CNP Centerpoint Energy Inc 23.29 $23.98B
SWX Southwest Gas Holdings Inc 25.96 $5.17B
STR Sitio Royalties Corporation 40.84 $3.03B
NFG National Fuel Gas Co N/A $7.23B

Frequently asked questions

What is Southwest Gas Holdings's PE ratio?

As of Apr 1, 2025, SWX stock has a price to earnings ratio of 25.96.

What is the 3-year average PE ratio for Southwest Gas Holdings (SWX)?

Over the last 3 years, the average price to earnings ratio for SWX stock is 29.22.

What is the 5-year average PE ratio for Southwest Gas Holdings (SWX)?

Over the last 5 years, the average price to earnings ratio for SWX stock is 22.99.

What is the highest PE ratio for SWX?

Over the last ten years, the quarterly PE ratio reached its highest level at 35.54 in the Jun 2022 quarter.

How does the current PE ratio for SWX compare to its historical average?

The current PE ratio of SWX is 18% higher than the 10-year historical average.

How is SWX's PE ratio calculated (Southwest Gas Holdings PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 1, 2025), Southwest Gas Holdings's share price is $71.92. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.77. Therefore, Southwest Gas Holdings's PE ratio for today is 25.96. PE RATIO(25.96) = STOCK PRICE($71.92) / TTM EPS($2.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.