Southwest Gas Holdings (SWX) Tax Rate (2010 - 2026)
Southwest Gas Holdings' Tax Rate was 18.32% in Q2 2026, down 84.18 percentage points from 102.50% a year earlier and down 6.72 percentage points from the prior quarter.
Southwest Gas Holdings (SWX) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Southwest Gas Holdings' Tax Rate was 31.09% through Jun 30, 2026, up 5.89 percentage points year-over-year; for FY2025, it came in at 29.03%, up 15.98 percentage points from FY2024.
- Tax Rate shows a five-year change of +7.45 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 13.05% in FY2024 (-4.31 pp), 17.36% in FY2023, 13.28% in FY2022 and 16.06% in FY2021 (-5.52 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2024.
- Compared with a year earlier, Tax Rate was higher in four of the last five quarters, with an average year-over-year change of +8.29 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 14.89% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 13.16% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 18.54% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 15.34% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 9.48% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 22.76% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | - |
| 10 | Southwest Gas Holdings | 6.67 Bn | 5.29 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.32% |
| Mar 31, 2026 | 25.04% |
| Dec 31, 2025 | 19.15% |
| Sep 30, 2025 | 208.75% |
| Jun 30, 2025 | 102.50% |
| Mar 31, 2025 | 20.30% |
| Dec 31, 2024 | 14.64% |
| Jun 30, 2024 | 17.14% |
| Mar 31, 2024 | 16.32% |
| Jun 30, 2023 | 13.61% |
| Mar 31, 2023 | 37.57% |
| Mar 31, 2022 | 19.88% |
| Jun 30, 2021 | 17.31% |
| Mar 31, 2021 | 20.74% |
| Sep 30, 2020 | 24.10% |
| Jun 30, 2020 | 18.69% |
| Mar 31, 2020 | 26.42% |
| Sep 30, 2019 | 32.50% |
| Jun 30, 2019 | 21.77% |
| Mar 31, 2019 | 21.12% |
Southwest Gas Holdings Tax Rate 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=tax-rate&ticker=SWX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();