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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 13.16% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 13.60% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 17.55% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 6.75% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 16.49% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 22.09% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 21.26% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | - |
| 10 | Southwest Gas Holdings | 6.60 Bn | 4.49 Bn | - | 18.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.32% |
| Mar 31, 2026 | 25.04% |
| Dec 31, 2025 | 46.20% |
| 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% |
| Sep 30, 2018 | 23.04% |
API Access
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_KEYimport 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();