Southwest Gas Holdings Capital Expenditures (CapEx) Growth & History (SWX)
Southwest Gas Holdings's capital expenditures (capex) was $807.9M for fiscal 2025.
View full Southwest Gas Holdings company overviewSouthwest Gas Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $807.9M | −$38.7M | −4.57% |
| 2024 | 2024-12-31 | $846.6M | $80.7M | +10.54% |
| 2023 | 2023-12-31 | $765.9M | −$93.5M | −10.89% |
| 2022 | 2022-12-31 | $859.4M | $143.8M | +20.09% |
| 2021 | 2021-12-31 | $715.6M | −$109.5M | −13.27% |
| 2020 | 2020-12-31 | $825.1M | −$113.0M | −12.05% |
| 2019 | 2019-12-31 | $938.1M | $172.2M | +22.49% |
| 2018 | 2018-12-31 | $765.9M | $142.3M | +22.81% |
| 2017 | 2017-12-31 | $623.6M | $94.1M | +17.77% |
| 2016 | 2016-12-31 | $529.5M | $41.5M | +8.51% |
| 2015 | 2015-12-31 | $488.0M | — | — |
Southwest Gas Holdings quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $320.4M | $121.1M | +60.76% |
| Q1 2026 | 2026-03-31 | $208.7M | $45.6M | +27.94% |
| Q4 2025 | 2025-12-31 | $237.5M | $34.7M | +17.09% |
| Q3 2025 | 2025-09-30 | $207.9M | $8.7M | +4.36% |
| Q2 2025 | 2025-06-30 | $199.3M | −$24.0M | −10.75% |
| Q1 2025 | 2025-03-31 | $163.1M | −$58.1M | −26.25% |
| Q4 2024 | 2024-12-31 | $202.9M | $101.6M | +100.30% |
| Q3 2024 | 2024-09-30 | $199.2M | −$26.6M | −11.79% |
| Q2 2024 | 2024-06-30 | $223.3M | $3.7M | +1.68% |
| Q1 2024 | 2024-03-31 | $221.2M | $2.1M | +0.95% |
| Q4 2023 | 2023-12-31 | $101.3M | −$145.6M | −58.98% |
| Q3 2023 | 2023-09-30 | $225.9M | −$18.7M | −7.66% |
| Q2 2023 | 2023-06-30 | $219.6M | $14.5M | +7.06% |
| Q1 2023 | 2023-03-31 | $219.1M | $56.3M | +34.60% |
| Q4 2022 | 2022-12-31 | $246.9M | $38.0M | +18.20% |
| Q3 2022 | 2022-09-30 | $244.6M | $75.9M | +44.99% |
| Q2 2022 | 2022-06-30 | $205.1M | $19.8M | +10.68% |
| Q1 2022 | 2022-03-31 | $162.8M | $10.1M | +6.61% |
| Q4 2021 | 2021-12-31 | $208.9M | $16.3M | +8.44% |
| Q3 2021 | 2021-09-30 | $168.7M | −$40.4M | −19.30% |
| Q2 2021 | 2021-06-30 | $185.3M | −$27.4M | −12.90% |
| Q1 2021 | 2021-03-31 | $152.7M | −$57.9M | −27.51% |
| Q4 2020 | 2020-12-31 | $192.6M | −$26.1M | −11.94% |
| Q3 2020 | 2020-09-30 | $209.0M | −$38.8M | −15.64% |
| Q2 2020 | 2020-06-30 | $212.8M | −$48.1M | −18.45% |
| Q1 2020 | 2020-03-31 | $210.7M | −$7,000 | −0.00% |
| Q4 2019 | 2019-12-31 | $218.8M | $13.0M | +6.32% |
| Q3 2019 | 2019-09-30 | $247.8M | $26.7M | +12.05% |
| Q2 2019 | 2019-06-30 | $260.9M | $76.4M | +41.44% |
| Q1 2019 | 2019-03-31 | $210.7M | $56.1M | +36.31% |
| Q4 2018 | 2018-12-31 | $205.7M | $32.1M | +18.48% |
| Q3 2018 | 2018-09-30 | $221.2M | $33.4M | +17.78% |
| Q2 2018 | 2018-06-30 | $184.5M | $38.0M | +25.97% |
| Q1 2018 | 2018-03-31 | $154.5M | $38.8M | +33.47% |
| Q4 2017 | 2017-12-31 | $173.7M | $48.5M | +38.76% |
| Q3 2017 | 2017-09-30 | $187.8M | $48.2M | +34.58% |
| Q2 2017 | 2017-06-30 | $146.4M | −$5.9M | −3.85% |
| Q1 2017 | 2017-03-31 | $115.8M | $3.2M | +2.87% |
| Q4 2016 | 2016-12-31 | $125.1M | — | — |
| Q3 2016 | 2016-09-30 | $139.5M | — | — |
| Q2 2016 | 2016-06-30 | $152.3M | — | — |
| Q1 2016 | 2016-03-31 | $112.6M | — | — |
Southwest Gas Holdings capital expenditures (capex) trends
Over the last five fiscal years, Southwest Gas Holdings's capital expenditures (capex) decreased from $825.1M to $807.9M, a change of −$17.2M. The latest reported quarter, Q2 2026, shows $320.4M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Southwest Gas Holdings source filings ↗