RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Southwest Gas Holdings - Stock

Southwest Gas Holdings ROA 2024

Southwest Gas Holdings ROA

0.01

Southwest Gas Holdings Dividend yield

3.25 %

Ticker

SWX

ISIN

US8448951025

WKN

863050

In 2024, Southwest Gas Holdings's return on assets (ROA) was 0.01, a -182.52% increase from the -0.02 ROA in the previous year.

Southwest Gas Holdings Aktienanalyse

What does Southwest Gas Holdings do?

Southwest Gas Holdings Inc. is a leading company in the US gas supply market. It was founded in 1931 and is headquartered in Las Vegas, Nevada. The company is listed on the New York Stock Exchange since 1956. It currently employs about 2,200 employees and provides natural gas to approximately 2 million customers in Arizona, Nevada, and California. The company's business model focuses on offering customized gas supply services to meet the personal needs of its customers. Southwest Gas Holdings aims to provide energy-efficient products and services to reduce both cost and energy consumption for its customers. Southwest Gas Holdings operates in two main business segments: the gas utility segment and the larger contract service segment. In the gas utility segment, the company provides electricity delivery services, pipeline maintenance and repair, gas meter installation and servicing, billing and payment services, and customer advisory services. In the contract service segment, Southwest Gas Holdings specializes in planning, designing, constructing, and maintaining natural gas supply systems. The company also offers new construction projects, repair and maintenance work, as well as technical services. Some of the products and services offered by Southwest Gas Holdings include competitive electricity supply services with various tailored tariffs, installation and servicing of gas appliances such as air conditioners, heaters, water heaters, dryers, and stoves, as well as repair and renovation of gas pipeline systems to ensure operational efficiency and safety. The company also provides technical support services to assist customers in project planning, implementation, and compliance with safety regulations. Southwest Gas was initially established as the Southern Nevada Gas Company in 1931 to serve customers in Las Vegas. Over the years, the company expanded its operations to other parts of Nevada and Arizona. In the 1960s, it acquired the Arizona Gas Transmission Company to further expand its presence in Arizona. Through mergers and acquisitions, the company grew and diversified its business. In 1996, it was renamed Southwest Gas Corporation, and in 2002, the holding company Southwest Gas Holdings was formed. In summary, Southwest Gas Holdings Inc. is a leading company in the US gas supply market, specializing in providing a wide range of products and services to meet customer needs. It has a long history of expansion and growth and owes its success to its dedicated employees and customer-focused approach. Southwest Gas Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Southwest Gas Holdings's Return on Assets (ROA)

Southwest Gas Holdings's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Southwest Gas Holdings's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Southwest Gas Holdings's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Southwest Gas Holdings’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Southwest Gas Holdings Stock

What is the Return on Assets (ROA) of Southwest Gas Holdings this year?

The Return on Assets (ROA) of Southwest Gas Holdings is 0.01 undefined this year.

What was the ROA of Southwest Gas Holdings compared to the previous year?

The ROA of Southwest Gas Holdings has increased by -182.52% compared to the previous year.

What consequences do high ROA have for investors of Southwest Gas Holdings?

A high ROA is advantageous for investors of Southwest Gas Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Southwest Gas Holdings?

A low ROA can be unfavorable for investors of Southwest Gas Holdings as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Southwest Gas Holdings affect the company?

An increase in ROA of Southwest Gas Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Southwest Gas Holdings impact the company?

A reduction in the ROA of Southwest Gas Holdings can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Southwest Gas Holdings?

Some factors that can influence the ROA of Southwest Gas Holdings include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Southwest Gas Holdings important for investors?

The ROA of Southwest Gas Holdings is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Southwest Gas Holdings take to improve ROA?

To improve ROA, Southwest Gas Holdings can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Southwest Gas Holdings pay?

Over the past 12 months, Southwest Gas Holdings paid a dividend of 2.48 USD . This corresponds to a dividend yield of about 3.25 %. For the coming 12 months, Southwest Gas Holdings is expected to pay a dividend of 2.42 USD.

What is the dividend yield of Southwest Gas Holdings?

The current dividend yield of Southwest Gas Holdings is 3.25 %.

When does Southwest Gas Holdings pay dividends?

Southwest Gas Holdings pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Southwest Gas Holdings?

Southwest Gas Holdings paid dividends every year for the past 24 years.

What is the dividend of Southwest Gas Holdings?

For the upcoming 12 months, dividends amounting to 2.42 USD are expected. This corresponds to a dividend yield of 3.17 %.

In which sector is Southwest Gas Holdings located?

Southwest Gas Holdings is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Southwest Gas Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southwest Gas Holdings from 9/3/2024 amounting to 0.62 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Southwest Gas Holdings pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of Southwest Gas Holdings in the year 2023?

In the year 2023, Southwest Gas Holdings distributed 2.455 USD as dividends.

In which currency does Southwest Gas Holdings pay out the dividend?

The dividends of Southwest Gas Holdings are distributed in USD.

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Andere Kennzahlen von Southwest Gas Holdings

Our stock analysis for Southwest Gas Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Southwest Gas Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.