Southwest Gas Holdings (SWX) Total Debt (2009 - 2026)
Southwest Gas Holdings (SWX) recorded Total Debt of $3.51 billion in Q2 2026, down 25.1% from $4.68 billion a year earlier and unchanged from the prior quarter.
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Analysis
Southwest Gas Holdings (SWX) Total Debt (2009 - 2026) Analysis & Trends
Starting with Q4 2009, Southwest Gas Holdings' Total Debt history includes 25 quarters.
- Annual Total Debt has declined for four straight years, though with a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $4.18 billion in FY2024 (-20.8%), $5.28 billion in FY2023 (-11.8%), $5.99 billion in FY2022 (-5.2%) and $6.32 billion in FY2021 (+119.5%).
- Quarterly Total Debt has ranged from $3.51 billion in Q3 2025 to $6.32 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Total Debt has declined for seven consecutive quarters, with an average decline of 19.8% over the last seven quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 119.5% in Q4 2021, against a decline of 30.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.51 billion (Q1 2026), $3.51 billion (Q4 2025) and $3.51 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 108.46 Bn |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 75.58 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 90.25 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | -6.27 Bn |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 52.84 Bn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 53.22 Bn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 36.66 Bn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 34.63 Bn |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | 3.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51 Bn |
| Mar 31, 2026 | 3.51 Bn |
| Dec 31, 2025 | 3.51 Bn |
| Sep 30, 2025 | 3.51 Bn |
| Jun 30, 2025 | 4.68 Bn |
| Mar 31, 2025 | 5.05 Bn |
| Dec 31, 2024 | 4.18 Bn |
| Sep 30, 2024 | 5.08 Bn |
| Jun 30, 2024 | 5.21 Bn |
| Mar 31, 2024 | 5.34 Bn |
| Dec 31, 2023 | 5.28 Bn |
| Sep 30, 2023 | 5.34 Bn |
| Jun 30, 2023 | 5.34 Bn |
| Mar 31, 2023 | 5.09 Bn |
| Dec 31, 2022 | 5.99 Bn |
| Sep 30, 2022 | 6.29 Bn |
| Jun 30, 2022 | 6.09 Bn |
| Mar 31, 2022 | 6.32 Bn |
| Dec 31, 2021 | 6.32 Bn |
| Sep 30, 2021 | 4.14 Bn |
API Access
Southwest Gas Holdings Total Debt 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=total-debt&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();