Southwest Gas Holdings Operating Income

The latest operating income for SWX is $480M as of June 2026. That compares with $540M in the prior-year period — down 10.5% year over year. Investors often review this figure alongside Southwest Gas Holdings's historical trend and sector peers before judging valuation or financial health.

Over the past year, SWX's operating income moved from $540M to $480M — a 10.5% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Southwest Gas Holdings's operating scale or balance-sheet position.

A operating income figure of $480M for SWX is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting SWX's operating income ($480M), review year-over-year change from $540M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Southwest Gas Holdings's operating income against similar Utilities names. You can also browse sector and industry screens on Stockcircle for a broader set of Utilities companies and their key multiples and fundamentals.