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Southwest Gas Holdings, Inc. Reports First Quarter 2026 Financial Results, Affirms Full-Year 2026 and Long-Term Guidance

$SWXPress releaseMay 5, 2026, 8:00 AM ETRead the release

Southwest Gas reported Q1 EPS of $1.91, beating the prior year's $1.58, supported by solid utility ROE of 8.5% and lower interest expense. Despite a temporary earnings hit from the delayed California rate case, management affirmed full-year 2026 EPS guidance of $4.17-$4.32. The company filed rate cases in Arizona and Nevada requesting a combined $172 million in revenue increases and announced a 4% dividend increase to $0.645 per share.

Key figures

Eps
1.91
Guidance
2026 Earnings per share from continuing operations $4.17 - $4.32 / share
Utility roe
8.5%
Dividend per share
0.645
Available liquidity
1200000000
Capital expenditures q1
186300000
Nevada rate case request
71000000
Arizona rate case request
101000000
Great basin bids bcf per day
2.5

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