Southwest Gas Quarterly Balance Sheet
NYSE: SWXUtilitiesOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Southwest Gas financial position
As of Jun 30, 2026, Southwest Gas reported total assets of $10.48 billion, down 14.2% from a year earlier against total liabilities of $6.35 billion. Shareholders' equity stood at $4.13 billion, or 39.4% of assets. The company held $270.5 million in cash and equivalents against $3.51 billion of debt, a net debt position of $3.24 billion.
The current ratio (current assets divided by current liabilities) was 1.12, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.85.
Summary generated from market data by MetaCap's automated system. Methodology
Southwest Gas balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 270.52M | 484.75M | 576.64M | 778.63M | 355.63M | 406.30M | 314.77M | 456.64M | 599.64M | 457.95M | 106.54M | 104.94M |
| Receivables | 118.58M | 168.79M | 170.60M | 110.58M | 705.31M | 693.83M | 203.01M | 673.22M | 796.24M | 843.13M | 886.55M | 903.37M |
| Total Current Assets | 867.80M | 1.06B | 1.19B | 1.24B | 1.43B | 1.43B | 1.46B | 1.46B | 1.73B | 1.78B | 1.88B | 2.00B |
| Goodwill | 11.15M | 11.15M | 11.15M | 11.15M | 786.50M | 781.29M | 11.15M | 787.60M | 786.17M | 787.21M | 789.73M | 787.43M |
| Total Assets | 10.48B | 10.41B | 10.43B | 10.33B | 12.21B | 12.08B | 12.07B | 11.87B | 11.99B | 11.89B | 9.28B | 11.84B |
| Accounts Payable | 115.67M | 122.01M | 225.73M | 118.93M | 254.57M | 253.32M | 190.92M | 226.96M | 264.29M | 264.62M | 346.91M | 255.25M |
| Short-Term Debt | 100.00M | 75.00M | 75.00M | 75.00M | 288.10M | 718.93M | 680.00M | 693.26M | 142.19M | 686.77M | 671.05M | 99.83M |
| Total Current Liabilities | 777.28M | 729.96M | 929.90M | 879.70M | 1.41B | 1.81B | 1.83B | 1.70B | 1.10B | 1.72B | 1.68B | 1.05B |
| Long-Term Debt | 3.41B | 3.43B | 3.43B | 3.43B | 4.40B | 4.33B | 3.50B | 4.38B | 5.06B | 4.65B | 4.61B | 5.24B |
| Total Liabilities | 6.35B | 6.30B | 6.47B | 6.44B | 8.13B | 8.32B | 8.39B | 8.24B | 8.32B | 8.53B | 8.56B | 8.60B |
| Shareholders' Equity | 4.13B | 4.10B | 3.96B | 3.89B | 3.65B | 3.58B | 3.50B | 3.46B | 3.49B | 3.36B | 3.31B | 3.24B |
| Retained Earnings | 1.16B | 1.16B | 1.02B | 964.29M | 742.45M | 827.45M | 758.65M | 710.94M | 755.37M | 781.68M | 738.84M | 669.36M |
| Total Debt | 3.51B | 3.51B | 3.51B | 3.51B | 4.68B | 5.05B | 4.18B | 5.08B | 5.21B | 5.34B | 5.28B | 5.34B |
| Net Cash (Debt) | -3.24B | -3.02B | -2.93B | -2.73B | -4.33B | -4.64B | -3.87B | -4.62B | -4.61B | -4.88B | -5.17B | -5.23B |
| Shares Outstanding | 72.44M | 72.37M | 72.22M | 72.18M | 71.98M | 71.91M | 71.78M | 71.74M | 71.71M | 71.67M | 71.56M | 71.52M |
This table shows 12 quarterly periods of Southwest Gas's balance sheet, from Q2 2026 back to Q3 2023, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow SWX's reporting calendar. What is a balance sheet?