Company / Total Debt
Southwest Gas Corp Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$3.4B
FY2025
5-year range
$690.4M / $4.6B
FY2021-FY2025
Trend
-2.1%
vs FY2024
Sector context
#38 of 60
Utilities
What the data says
At $3.4B, Southwest Gas Corp's total debt ranks #23 of 60 in the Utilities sector. Total Debt has fluctuated over the past 10 years, ranging from $690M in FY2021 to $4.6B in FY2023.
Based on SEC 10-K filings.
$3.4B in FY2025 with a 5-year CAGR of +4.7%.
Improved from $4.6B to $3.4B over the past 2 years.
Utilities sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +67.8%
- 5-Year CAGR
- +4.7%
- 10-Year CAGR
- -
Sector benchmark
#23 of 60 in UtilitiesTop 37% of 60This company $3.4B Sector average $16.8B
▼
-79.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +4.7%, indicating consistent growth.
- In FY2025, total debt decreased 2.1% year-over-year.
- Ranks #38 out of 60 companies in the Utilities sector.
- Peak total debt was recorded in FY2023.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.4B | -2.1% |
| FY2024 | $3.5B | -24.0% |
| FY2023 | $4.6B | +534.6% |
| FY2022 | $726.4M | +5.2% |
| FY2021 | $690.4M | -74.7% |
| FY2020 | $2.7B | +18.8% |
| FY2019 | $2.3B | +9.2% |
| FY2018 | $2.1B | +17.2% |
| FY2017 | $1.8B | +16.0% |
| FY2016 | $1.5B | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026