SWX NYSE
Credit Risk of going bust: lower than 84% of companies Debt: 34.4% of company value Bonds: $62.2M held by 130 funds, 69 bp over Treasuries → details ▾
If the stock fell to about $1.99 (down 98%), Southwest Gas Holdings, Inc. would be worth roughly what it owes.
Total debt $3.51B against a stock market value of $6.69B.
Distance to default 10.83 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $1.80B (short-term plus half of long-term), stock volatility 18.3%; Altman Z'' 1.44. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Las Vegas, NV 89113
US
Southwest Gas Holdings, Inc., operating through its various subsidiaries, is primarily engaged in the delivery and transportation of natural gas to customers across Arizona, Nevada, and California. The company's operations are segmented into Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage. Beyond its core gas services, it also offers specialized utility infrastructure support, including trenching, the installation and replacement of subterranean pipelines, and ongoing maintenance for energy distribution networks. As of December 31, 2021, its extensive customer base totaled 2,159,000, serving residential, commercial, industrial, and other natural gas consumers. Founded in 1931, the company maintains its corporate headquarters in Las Vegas, Nevada.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Williams Julie M. | S-Sale | 2,500 | $81.81 | 2026-09-28 |
| Carson Molly R. | A-Award | 1,196 | — | 2026-05-07 |
| Kim Leezie | A-Award | 1,196 | — | 2026-05-07 |
| Kim Leezie | 0 | — | 2026-05-07 | |
| Carson Molly R. | 0 | — | 2026-05-07 |