Southwest Gas Holdings (SWX) Return on Sales [ROS] (2009 - 2026)
Southwest Gas Holdings (SWX) recorded Return on Sales [ROS] of 23.54% in Q2 2026, up 7.27 percentage points from 16.27% a year earlier but down 13.94 percentage points from the prior quarter.
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Analysis
Southwest Gas Holdings (SWX) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a TTM basis, Southwest Gas Holdings' Return on Sales [ROS] came in at 28.68% as of Jun 30, 2026, up 6.84 percentage points year-over-year; for FY2025, it came in at 24.42%, up 8.00 percentage points from FY2024.
- Annual Return on Sales [ROS] has increased for three straight years, with a five-year change of +11.60 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 16.42% in FY2024 (+4.86 pp), 11.56% in FY2023 (+12.05 pp), -0.49% in FY2022 (-10.53 pp) and 10.04% in FY2021 (-2.78 pp).
- Quarterly Return on Sales [ROS] has ranged from 2.62% in Q4 2021 to 37.49% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] has increased for six consecutive quarters, with an average year-over-year change of +9.31 percentage points over the last six quarters.
- Across the past five years, year-over-year gain in Return on Sales [ROS] ran from 0.71 percentage points in Q4 2023 to 18.63 percentage points in Q1 2025.
- Per Business Quant, the preceding three quarters came in at 37.49% (Q1 2026), 33.00% (Q4 2025) and 11.68% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 30.20% |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 29.71% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 25.46% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 29.69% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 22.90% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 7.34% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 23.72% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 24.13% |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | 23.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.54% |
| Mar 31, 2026 | 37.49% |
| Dec 31, 2025 | 33.00% |
| Sep 30, 2025 | 11.68% |
| Jun 30, 2025 | 16.27% |
| Mar 31, 2025 | 28.63% |
| Dec 31, 2024 | 27.22% |
| Sep 30, 2024 | 5.60% |
| Jun 30, 2024 | 7.04% |
| Mar 31, 2024 | 10.00% |
| Sep 30, 2023 | 5.15% |
| Jun 30, 2023 | 6.55% |
| Mar 31, 2023 | 8.43% |
| Sep 30, 2022 | 4.44% |
| Jun 30, 2022 | 3.98% |
| Mar 31, 2022 | 13.29% |
| Sep 30, 2021 | 2.62% |
| Jun 30, 2021 | 7.22% |
| Mar 31, 2021 | 19.58% |
| Dec 31, 2020 | 16.72% |
API Access
Southwest Gas Holdings Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();