Business
Southwest Gas Holdings, Inc. Reports Third Quarter 2025 Financial Results, Southwest Gas 2025 Net Income Expected Toward Top End of Guidance Range
Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its third quarter ended September 30, 2025. This earnings press release should be read in conjunction with the Form 10-Q and earnings slides, which are concurrently being posted at www.swgasholdings.com.
About this update from Southwest Gas Holdings, Inc.
[{"type":"text","content":"Completed Full Separation of CTRI via Two Final Sell-Downs That Generated ~$879 million of Net Proceeds","length":103,"tagName":"p","attribs":{}},{"type":"text","content":"Fully Repaid SWX Term Loan and Bank Debt - SWX and SWG S&P Credit Ratings Each Upgraded to BBB+ ","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"Regulatory Progress and Cost Management Drive Trailing 12-Month Utility ROE of 8.3%","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"Year-to-Date Utility Net Income Improved by 11%","length":47,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS, Nov. 5, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or "Company") today reported results for its third quarter ended September 30, 2025. This earnings press release should be read in conjunction with the Form 10-Q and earnings slides, which are concurrently being posted at www.swgasholdings.com.","length":381,"tagName":"p"},{"type":"text","content":""Southwest Gas Holdings delivered higher net income from continuing operations year-over-year, while completing our full separation from Centuri. With our focus now fully on our regulated natural gas business we believe we are well positioned with a strong balance sheet to address the energy needs of our growing, high-demand service territories," said Karen Haller, President and CEO of Southwest Gas Holdings. "At Southwest Gas, we anticipate regulatory developments in the coming months that will better align investment recovery with the work we're doing in the communities we serve. We plan to file rate cases in Arizona and Nevada early next year seeking approval for new rates along with requests for alternative forms of ratemaking. Additionally, we expect updated rates to take effect in California this upcoming January," added Haller.","length":870,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":" Summary Financial Results ","length":25,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Three Months End...