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Southwest Gas HoldingsSWX -0.34%65 Earnings per Share (Diluted) is $7.66 as of Jun. 2026. GuruFocus rates SWX with a GF Score™ of 65/100 and a GF Value™ of $53.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 417 Utilities - Regulated companies, Southwest Gas Holdings ranks better than 53.72% on this metric.
During the past 12 months, Southwest Gas Holdings's average EPS without NRIGrowth Rate was 25.80% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 6.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 4.10% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -1.10% per year.
During the past 13 years, Southwest Gas Holdings's highest 3-Year average EPS without NRI Growth Rate was 137.00% per year. The lowest was -46.50% per year. And the median was 6.10% per year.
Southwest Gas Holdings (NYSE:SWX) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Southwest Gas Holdings Earnings per Share (Diluted) Related Terms
Southwest Gas Holdings Earnings per Share (Diluted) Historical Data
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The historical data trend for Southwest Gas Holdings's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
SWX vs NJR, BKH, UGI: Earnings per Share (Diluted) Comparison
For the Utilities - Regulated Gas subindustry, Southwest Gas Holdings's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's PE Ratio distribution charts can be found below:
* The bar in red indicates where Southwest Gas Holdings's PE Ratio falls into.
Southwest Gas Holdings Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Southwest Gas Holdings's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) 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 $7.66
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $7.66 mean?
Southwest Gas Holdings (SWX) has a Earnings per Share (Diluted) of $7.66 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Southwest Gas Holdings and its competitors. According to the industry distribution chart, Southwest Gas Holdings ranks #193 out of 417 companies in the Utilities - Regulated industry, placing it in the top 46.3%.
Is Southwest Gas Holdings' Earnings per Share (Diluted) too high?
Southwest Gas Holdings' current Earnings per Share (Diluted) is $7.66. The Utilities - Regulated industry median Earnings per Share (Diluted) is 5.10. Southwest Gas Holdings' value of $7.66 is 50.2% above this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #193 out of 417 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Earnings per Share (Diluted) compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #193 out of 417 companies for Earnings per Share (Diluted). This puts Southwest Gas Holdings in the upper half of its industry. The industry median Earnings per Share (Diluted) is 5.10. Southwest Gas Holdings' value of $7.66 is 50.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Utilities - Regulated company?
The median Earnings per Share (Diluted) among Utilities - Regulated companies is 5.10, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southwest Gas Holdings's current Earnings per Share (Diluted) of $7.66 is 50.2% above 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Earnings per Share (Diluted) is 5.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Earnings per Share (Diluted) is $7.66. 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 $53.66, compared to a current price of $92.09 — trading 71.6% above its estimated fair value. The current Earnings per Share (Diluted) is $7.66 and 50.2% above the Utilities - Regulated industry median of 5.10. Southwest Gas Holdings' overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Southwest Gas Holdings (SWX), the current Earnings per Share (Diluted) is $7.66 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 $92.09 is trading 71.6% above its estimated GF Value™ of $53.66.
GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.
Key valuation signals for SWX:
Earnings per Share (Diluted): $7.66
GF Value™: $53.66 vs. price of $92.09 (71.6% above fair value)
Industry Position: 50.2% above the Utilities - Regulated median (#193 of 417)
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 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.
65GF Score
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