Southwest Gas Holdings SWX
NYSE SWX
$91.20 +0.12 (+0.13%)
As of: Oct 23, 2026 · 3:59 PM EDT

Southwest Gas Holdings, Inc. (SWX) EV to EBITDA (2010 - 2026)

Updated

Southwest Gas Holdings' (SWX) EV to EBITDA came in at 7.28 for Q2 2026, up 2.8% from 7.08 a year earlier and up 2.4% from the prior quarter.

Analysis

Southwest Gas Holdings, Inc. (SWX) EV to EBITDA (2010 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Southwest Gas Holdings was 5.11, down 8.0% year-over-year; for FY2025, it came in at 6.47, down 7.1% from FY2024.

  • Annual EV to EBITDA has declined for three consecutive years.
  • In prior years, Southwest Gas Holdings' EV to EBITDA was 6.96 in FY2024 (-9.6%), 7.70 in FY2023 (-18.0%), 9.39 in FY2022 (+65.4%) and 5.68 in FY2021 (+20.6%).
  • The Q2 2026 figure stands as the highest quarterly EV to EBITDA since Q4 2019.
  • On a year-over-year basis, EV to EBITDA has increased in each of the last three quarters, with growth averaging 7.3% over the last six quarters.
  • The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2025, with growth of 25.5%; the weakest was Q3 2025, with a decline of 11.7%.
  • According to Business Quant data, EV to EBITDA for the three prior quarters was 7.11 (Q1 2026), 6.47 (Q4 2025) and 6.17 (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.28
Mar 31, 2026 7.11
Dec 31, 2025 6.47
Sep 30, 2025 6.17
Jun 30, 2025 7.08
Mar 31, 2025 6.06
Dec 31, 2024 6.30
Sep 30, 2024 6.99
Jun 30, 2024 5.64
Mar 31, 2024 5.64
Sep 30, 2023 5.61
Jun 30, 2023 5.87
Mar 31, 2023 5.24
Sep 30, 2022 6.36
Jun 30, 2022 8.18
Mar 31, 2022 5.82
Sep 30, 2021 6.13
Jun 30, 2021 5.91
Mar 31, 2021 5.24
Sep 30, 2020 5.80
API Access

Southwest Gas Holdings, Inc. EV to EBITDA 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=ev-to-ebitda&ticker=SWX&period=max&api_key=YOUR_API_KEY