Southwest Gas Holdings (SWX) Construction in Progress (2009 - 2026)
Southwest Gas Holdings (SWX) recorded Construction in Progress of $360.2 million in Q2 2026, up 79.1% from $201.17 million a year earlier and up 38.6% from the prior quarter.
Southwest Gas Holdings (SWX) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Southwest Gas Holdings reported Construction in Progress of $236.87 million, up 32.6% from FY2024.
- Annual Construction in Progress has a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- Across earlier years, Construction in Progress came in at $178.65 million in FY2024 (-10.9%), $200.55 million in FY2023 (-18.1%), $244.75 million in FY2022 (+21.1%) and $202.07 million in FY2021 (-4.4%).
- The Q2 2026 figure is the highest quarterly Construction in Progress in data going back to Q4 2009.
- On a year-over-year basis, Construction in Progress has increased for three consecutive quarters, with growth averaging 14.8% over the last seven quarters.
- Peak year-over-year performance for Construction in Progress in the last five years was growth of 79.1% in Q2 2026, against a decline of 28.0% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $259.87 million (Q1 2026), $236.87 million (Q4 2025) and $231.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 11.87 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | - |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 9.70 Bn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | - |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | - |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 9.02 Bn |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | 360.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 360.20 Mn |
| Mar 31, 2026 | 259.87 Mn |
| Dec 31, 2025 | 236.87 Mn |
| Sep 30, 2025 | 231.10 Mn |
| Jun 30, 2025 | 201.17 Mn |
| Mar 31, 2025 | 176.49 Mn |
| Dec 31, 2024 | 178.65 Mn |
| Sep 30, 2024 | 243.38 Mn |
| Jun 30, 2024 | 226.21 Mn |
| Mar 31, 2024 | 245.03 Mn |
| Dec 31, 2023 | 200.55 Mn |
| Sep 30, 2023 | 272.97 Mn |
| Jun 30, 2023 | 254.87 Mn |
| Mar 31, 2023 | 250.89 Mn |
| Dec 31, 2022 | 244.75 Mn |
| Sep 30, 2022 | 273.66 Mn |
| Jun 30, 2022 | 218.64 Mn |
| Mar 31, 2022 | 216.26 Mn |
| Dec 31, 2021 | 202.07 Mn |
| Sep 30, 2021 | 153.10 Mn |
Southwest Gas Holdings Construction in Progress 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=construction-in-progress&ticker=SWX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();