Southwest Gas Holdings Inc. Common Stock (DE) (SWX) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Southwest Gas Holdings Inc. Common Stock (DE) (SWX) receives a Roarable Rating of D+ (Sell) and flashes a Red SELL / AVOID warning (58/100 RQD Confidence). Our SEC filing scanner spotted paper earnings outpacing real operating cash flow (+180.2% (NI vs OCF)) while unpaid customer invoices grew—a classic sign to step aside until cash flow catches up.
How SWX Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $4.00B | 0% | 11.8% | $439.8M | -$251.8M | 5.5% |
| FY 2024 | $4.00B | 0% | 10.2% | $198.8M | $509.2M | 4.8% |
| FY 2023 | $5.43B | 44% | 5.4% | $150.9M | $264.7M | 5.9% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring SWX)
- ✓Live walkthrough of SWX's RQD Radar, SEC cash-conversion gap & downside levels
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SWX Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +3.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on SWX today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for SWX. Explore sector supply chains on /butterfly.
SWX Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Southwest Gas Holdings Inc. Common Stock (DE) (SWX)?
In FY 2025 (10-K), SWX converted $4.0B of revenue into a 0% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).