Southwest Gas Holdings (SWX) Common Equity (2009 - 2026)
Southwest Gas Holdings' Common Equity was $4.13 billion in Q2 2026, up 0.9% from $4.09 billion a year earlier and up 0.6% from the prior quarter.
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Analysis
Southwest Gas Holdings (SWX) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Southwest Gas Holdings came in at $3.96 billion, up 7.6% from FY2024.
- Common Equity has now increased for 16 consecutive years, with a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- In earlier years, Common Equity was $3.68 billion in FY2024 (+11.2%), $3.31 billion in FY2023 (+8.2%), $3.06 billion in FY2022 (+3.6%) and $2.95 billion in FY2021 (+10.4%).
- The Q2 2026 figure marks the highest quarterly Common Equity in data going back to Q4 2009.
- Compared with a year earlier, Common Equity has increased for seven straight quarters, with growth averaging 8.5% over the last seven quarters.
- Over the past five years, the year-over-year growth in Common Equity ranged from 0.9% (Q2 2026) to 11.8% (Q1 2025).
- Per Business Quant data, SWX's Common Equity in the three quarters before Q2 2026 was $4.1 billion (Q1 2026), $3.96 billion (Q4 2025) and $3.89 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 7.70 Bn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 5.76 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 72.87 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 60.79 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 57.54 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | 51.81 Bn |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 34.04 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 19.89 Bn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 11.50 Bn |
| 10 | Southwest Gas Holdings | 6.67 Bn | 5.29 Bn | - | 4.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.10 Bn |
| Jun 30, 2026 | 4.13 Bn |
| Mar 31, 2026 | 4.10 Bn |
| Dec 31, 2025 | 3.96 Bn |
| Sep 30, 2025 | 3.89 Bn |
| Jun 30, 2025 | 4.09 Bn |
| Mar 31, 2025 | 3.75 Bn |
| Dec 31, 2024 | 3.68 Bn |
| Sep 30, 2024 | 3.63 Bn |
| Jun 30, 2024 | 3.67 Bn |
| Mar 31, 2024 | 3.36 Bn |
| Dec 31, 2023 | 3.31 Bn |
| Sep 30, 2023 | 3.24 Bn |
| Jun 30, 2023 | 3.26 Bn |
| Mar 31, 2023 | 3.30 Bn |
| Dec 31, 2022 | 3.06 Bn |
| Sep 30, 2022 | 3.41 Bn |
| Jun 30, 2022 | 3.46 Bn |
| Mar 31, 2022 | 3.49 Bn |
| Dec 31, 2021 | 2.95 Bn |
API Access
Southwest Gas Holdings Common Equity 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=common-equity&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();