Company / Interest Expense
Southwest Gas Corp Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$292.3M
FY2023
5-year range
$119.2M / $292.3M
FY2019-FY2023
Trend
+20.4%
vs FY2022
Sector context
#17 of 31
Utilities
What the data says
At $292M, Southwest Gas Corp's interest expense ranks #15 of 31 in the Utilities sector. Interest Expense has increased for 5 consecutive years, from $74M in FY2018 to $292M in FY2023.
Based on SEC 10-K filings.
$292M in FY2023 with a 5-year CAGR of +31.7%.
Increased from $119M to $292M over the past 2 years.
Utilities sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +44.6%
- 5-Year CAGR
- +31.7%
- 10-Year CAGR
- -
Sector benchmark
#15 of 31 in UtilitiesTop 45% of 31This company $292.3M Sector average $686.7M
▼
-57.4% below sector average
Key checks
Key Insights
- Southwest Gas Corp's interest expense has grown for 5 consecutive years.
- 5-year CAGR of +31.7%, indicating consistent growth.
- In FY2023, interest expense increased 20.4% year-over-year.
- Ranks #17 out of 31 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $292.3M | +20.4% |
| FY2022 | $242.8M | +103.7% |
| FY2021 | $119.2M | +23.3% |
| FY2020 | $96.7M | +23.8% |
| FY2019 | $78.1M | +6.0% |
| FY2018 | $73.7M | -5.6% |
| FY2017 | $78.1M | +6.0% |
| FY2016 | $73.7M | +2.5% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026