Southwest Gas Holdings (SWX) Interest Coverage Ratio (2009 - 2025)
Southwest Gas Holdings' (SWX) Interest Coverage Ratio stood at 0.90 in Q2 2025, down 20.2% from 1.13 a year earlier and down 69.5% from the prior quarter.
Southwest Gas Holdings (SWX) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
On a TTM basis, Southwest Gas Holdings' Interest Coverage Ratio came in at 1.52 as of Jun 30, 2025, up 12.7% year-over-year; for FY2024, it was 1.37, up 36.5% from FY2023.
- Across earlier years, Interest Coverage Ratio came in at 1.00 in FY2023, -0.10 in FY2022, 3.10 in FY2021 (-18.3%) and 3.79 in FY2020 (+11.5%).
- Quarterly Interest Coverage Ratio has ranged from 0.26 in Q3 2024 to 2.96 in Q1 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at 2.96 (Q1 2025), 2.04 (Q4 2024) and 0.26 (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 5.19 |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 2,238.00 |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 2.82 |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 2.13 |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 0.59 |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 1.65 |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 1.96 |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 2.96 |
| Dec 31, 2024 | 2.04 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 1.13 |
| Mar 31, 2024 | 2.21 |
| Sep 30, 2023 | 0.84 |
| Jun 30, 2023 | 1.22 |
| Mar 31, 2023 | 1.75 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 0.86 |
| Mar 31, 2022 | 3.48 |
| Sep 30, 2021 | 0.74 |
| Jun 30, 2021 | 2.28 |
| Mar 31, 2021 | 7.24 |
| Sep 30, 2020 | 1.92 |
| Jun 30, 2020 | 2.55 |
| Mar 31, 2020 | 5.23 |
| Sep 30, 2019 | 1.39 |
| Jun 30, 2019 | 2.04 |
Southwest Gas Holdings Interest Coverage 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=interest-coverage-ratio&ticker=SWX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();