Southwest Gas Holdings (SWX) Asset Utilization Ratio (2010 - 2026)
Southwest Gas Holdings' (SWX) Asset Utilization Ratio was 0.17 for Q2 2026, down 1.5% from 0.17 a year earlier and down 2.4% from the prior quarter.
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Analysis
Southwest Gas Holdings (SWX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Dating back to Q4 2010, Southwest Gas Holdings' Asset Utilization Ratio record includes 24 quarters.
- Asset Utilization Ratio has declined for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.23 in FY2024 (-3.4%), 0.24 in FY2023 (-36.3%), 0.38 in FY2022 (+18.6%) and 0.32 in FY2021 (-17.2%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio in data going back to Q4 2010.
- Year over year, Asset Utilization Ratio has now declined in each of the last six quarters, with an average decline of 39.3% over the last six quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2023 (growth of 28.3%); the low point was Q2 2025 (a decline of 61.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.17 (Q1 2026), 0.19 (Q4 2025) and 0.18 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 0.92 |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 0.13 |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 0.19 |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 0.17 |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 0.19 |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 0.15 |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 0.12 |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 0.17 |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.17 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.53 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.41 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.30 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.38 |
| Mar 31, 2021 | 0.38 |
| Dec 31, 2020 | 0.38 |
API Access
Southwest Gas Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SWX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();