Southwest Gas Holdings, Inc. (SWX) Operating Income (2009 - 2026)
Southwest Gas Holdings' Operating Income was $84.33 million in Q2 2026, up 30.8% from $64.49 million a year earlier but down 61.6% from the prior quarter.
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Analysis
Southwest Gas Holdings, Inc. (SWX) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Southwest Gas Holdings' Operating Income was $499.35 million through Jun 30, 2026, up 11.2% year-over-year; for FY2025, it was $473.89 million, up 16.6% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- In earlier years, Operating Income was $406.47 million in FY2024 (+38.7%), $292.98 million in FY2023, -$24.4 million in FY2022 and $369.55 million in FY2021 (-12.6%).
- Quarterly Operating Income has moved between $20.12 million (Q3 2024) and $219.35 million (Q1 2026) over five years.
- Compared with a year earlier, Operating Income has increased for four straight quarters, with growth averaging 22.6% over the last six quarters.
- The best year-over-year quarter for Operating Income over five years was Q4 2022 (growth of 114.3%); the worst was Q2 2025 (a decline of 22.5%).
- Per Business Quant data, SWX's Operating Income in the three quarters before Q2 2026 was $219.35 million (Q1 2026), $158.67 million (Q4 2025) and $37.01 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.33 Mn |
| Mar 31, 2026 | 219.35 Mn |
| Dec 31, 2025 | 158.67 Mn |
| Sep 30, 2025 | 37.01 Mn |
| Jun 30, 2025 | 64.49 Mn |
| Mar 31, 2025 | 213.72 Mn |
| Dec 31, 2024 | 150.54 Mn |
| Sep 30, 2024 | 20.12 Mn |
| Jun 30, 2024 | 83.22 Mn |
| Mar 31, 2024 | 158.13 Mn |
| Sep 30, 2023 | 60.23 Mn |
| Jun 30, 2023 | 84.77 Mn |
| Mar 31, 2023 | 135.20 Mn |
| Sep 30, 2022 | 49.94 Mn |
| Jun 30, 2022 | 45.66 Mn |
| Mar 31, 2022 | 168.49 Mn |
| Sep 30, 2021 | 23.30 Mn |
| Jun 30, 2021 | 59.27 Mn |
| Mar 31, 2021 | 173.45 Mn |
| Dec 31, 2020 | 152.80 Mn |
API Access
Southwest Gas Holdings, Inc. Operating Income 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=operating-income&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();