Southwest Gas Holdings, Inc. (SWX) Return on Assets [ROA] (2010 - 2026)
Southwest Gas Holdings (SWX) reported Return on Assets [ROA] of 5.21% for Q2 2026, up 3.82 percentage points from 1.39% a year earlier and up 0.75 percentage points from the prior quarter.
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Analysis
Southwest Gas Holdings, Inc. (SWX) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Southwest Gas Holdings posted Return on Assets [ROA] of 3.87%, up 1.95 percentage points from FY2024.
- Return on Assets [ROA] has increased for three consecutive years, with a five-year change of +1.08 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 1.92% in FY2024 (+0.45 pp), 1.47% in FY2023 (+2.98 pp), -1.50% in FY2022 (-3.29 pp) and 1.79% in FY2021 (-0.99 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] in data going back to Q4 2010.
- Year over year, Return on Assets [ROA] has now increased in each of the last six quarters, with an average year-over-year change of +2.03 percentage points over the last six quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q2 2026 (a gain of 3.82 percentage points); the low point was Q4 2022 (a drop of 1.94 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.46% (Q1 2026), 4.19% (Q4 2025) and 3.78% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.21% |
| Mar 31, 2026 | 4.46% |
| Dec 31, 2025 | 4.19% |
| Sep 30, 2025 | 3.78% |
| Jun 30, 2025 | 1.39% |
| Mar 31, 2025 | 1.88% |
| Dec 31, 2024 | 1.71% |
| Sep 30, 2024 | 0.96% |
| Jun 30, 2024 | 1.19% |
| Mar 31, 2024 | 1.60% |
| Sep 30, 2023 | 0.59% |
| Jun 30, 2023 | 0.51% |
| Mar 31, 2023 | 1.02% |
| Sep 30, 2022 | 0.54% |
| Jun 30, 2022 | 0.83% |
| Mar 31, 2022 | 1.79% |
| Sep 30, 2021 | 2.48% |
| Jun 30, 2021 | 3.02% |
| Mar 31, 2021 | 3.22% |
| Dec 31, 2020 | 2.78% |
API Access
Southwest Gas Holdings, Inc. Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();