Growth Metrics

Southwest Gas Holdings (SWX) Operating Margin (2016 - 2025)

Historic Operating Margin for Southwest Gas Holdings (SWX) over the last 12 years, with Q3 2025 value amounting to 11.68%.

  • Southwest Gas Holdings' Operating Margin rose 60700.0% to 11.68% in Q3 2025 from the same period last year, while for Sep 2025 it was 9.47%, marking a year-over-year decrease of 8400.0%. This contributed to the annual value of 9.46% for FY2024, which is 17600.0% up from last year.
  • Per Southwest Gas Holdings' latest filing, its Operating Margin stood at 11.68% for Q3 2025, which was up 60700.0% from 8.52% recorded in Q2 2025.
  • Southwest Gas Holdings' 5-year Operating Margin high stood at 19.58% for Q1 2021, and its period low was 2.62% during Q3 2021.
  • In the last 5 years, Southwest Gas Holdings' Operating Margin had a median value of 7.18% in 2021 and averaged 8.54%.
  • Per our database at Business Quant, Southwest Gas Holdings' Operating Margin tumbled by -62800bps in 2022 and then surged by 60700bps in 2025.
  • Southwest Gas Holdings' Operating Margin (Quarter) stood at 2.62% in 2021, then surged by 69bps to 4.44% in 2022, then increased by 16bps to 5.15% in 2023, then surged by 39bps to 7.14% in 2024, then surged by 64bps to 11.68% in 2025.
  • Its Operating Margin was 11.68% in Q3 2025, compared to 8.52% in Q2 2025 and 15.46% in Q1 2025.