SWX (Southwest Gas Holdings) Operating Cash Flow per Share: $6.15 (TTM As of Jun. 2026)

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SWX Southwest Gas Holdings Inc SWX
69 GF Score
Price $88.88
GF Value $54.76
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Southwest Gas Holdings Operating Cash Flow per Share?

Southwest Gas Holdings SWX +0.93% 69 Operating Cash Flow per Share is $6.15 as of Jun. 2026. GuruFocus rates SWX with a GF Score™ of 69/100 and a GF Value™ of $54.76 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 428 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 50.93% on this metric.

Southwest Gas Holdings's operating cash flow per share for the three months ended in Jun. 2026 was $2.01. Southwest Gas Holdings's operating cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was $6.15.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Southwest Gas Holdings was -51.90% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 7.30% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 16.00% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was -3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for Southwest Gas Holdings's Operating Cash Flow per Share or its related term are showing as below:

SWX' s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -44   Med: 4   Max: 115.5
Current: 7.3

During the past 13 years, Southwest Gas Holdings's highest 3-Year average Operating Cash Flow per Share Growth Rate was 115.50% per year. The lowest was -44.00% per year. And the median was 4.00% per year.

SWX's 3-Year OCF Growth Rate is ranked worse than
50.93% of 428 companies
in the Utilities - Regulated industry
Industry Median: 7.75 vs SWX: 7.30

Southwest Gas Holdings Operating Cash Flow per Share Related Terms


Southwest Gas Holdings Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for Southwest Gas Holdings's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southwest Gas Holdings Operating Cash Flow per Share Chart

Southwest Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 6.22 7.17 18.82 7.69

Southwest Gas Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.75 0.79 1.12 2.23 2.01

SWX vs BKH, NJR, OGS: Operating Cash Flow per Share Comparison

For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Gas Holdings Price-to-Operating-Cash-Flow vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Price-to-Operating-Cash-Flow falls into.


SWX
69GF Score
Southwest Gas Holdings Inc SWX
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southwest Gas Holdings Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

Southwest Gas Holdings's Operating Cash Flow per Share for the fiscal year that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (A: Dec. 2025 )=Cash Flow from Operations (A: Dec. 2025 )/Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=556.076/72.337
=7.69

Southwest Gas Holdings's Operating Cash Flow per Share for the quarter that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (Q: Jun. 2026 )=Cash Flow from Operations (Q: Jun. 2026 )/Shares Outstanding (Diluted Average) (Q: Jun. 2026 )
=146.089/72.665
=2.01

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of $6.15 mean?
Southwest Gas Holdings (SWX) has a Operating Cash Flow per Share of $6.15 as of Jun. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Southwest Gas Holdings and its competitors. According to the industry distribution chart, Southwest Gas Holdings ranks #218 out of 428 companies in the Utilities - Regulated industry, placing it in the top 50.9%.
Is Southwest Gas Holdings' Operating Cash Flow per Share too high?
Southwest Gas Holdings' current Operating Cash Flow per Share is $6.15. The Utilities - Regulated industry median Operating Cash Flow per Share is 7.75. Southwest Gas Holdings' value of $6.15 is 20.6% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #218 out of 428 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Operating Cash Flow per Share compare to BKH and NJR?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #218 out of 428 companies for Operating Cash Flow per Share. This places Southwest Gas Holdings in the lower half of its industry. The industry median Operating Cash Flow per Share is 7.75. Southwest Gas Holdings' value of $6.15 is 20.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for an Utilities - Regulated company?
The median Operating Cash Flow per Share among Utilities - Regulated companies is 7.75, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current Operating Cash Flow per Share of $6.15 is 20.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Operating Cash Flow per Share is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Operating Cash Flow per Share is $6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Southwest Gas Holdings (SWX) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.76, compared to a current price of $88.88 — trading 62.3% above its estimated fair value. The current Operating Cash Flow per Share is $6.15 and 20.6% below the Utilities - Regulated industry median of 7.75. Southwest Gas Holdings' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For Southwest Gas Holdings (SWX), the current Operating Cash Flow per Share is $6.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southwest Gas Holdings (SWX) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued. The current stock price of $88.88 is trading 62.3% above its estimated GF Value™ of $54.76. GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.

Key valuation signals for SWX:

  • Operating Cash Flow per Share: $6.15
  • GF Value™: $54.76 vs. price of $88.88 (62.3% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 20.6% below the Utilities - Regulated median (#218 of 428)

No single metric tells the full story. See the SWX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southwest Gas Holdings Business Description

Address 8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89113
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
69GF Score

Get the complete analysis for SWX

Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$88.88
Price
$54.76
GF Value