Southwest Return On Assets from 2010 to 2024

SWX Stock  USD 78.16  0.14  0.18%   
Southwest Gas Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Southwest Gas Holdings earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01271191
Current Value
0.0165
Quarterly Volatility
0.03846173
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 463 M, Interest Expense of 306.9 M or Total Revenue of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0363 or PTB Ratio of 1.16. Southwest financial statements analysis is a perfect complement when working with Southwest Gas Valuation or Volatility modules.
  
Check out the analysis of Southwest Gas Correlation against competitors.

Latest Southwest Gas' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Southwest Gas Holdings over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Southwest Gas' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Gas' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Southwest Return On Assets Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation278.63
Mean Deviation0.02
Median0.03
Standard Deviation0.04
Sample Variance0
Range0.1548
R-Value(0.36)
Mean Square Error0
R-Squared0.13
Significance0.19
Slope(0)
Total Sum of Squares0.02

Southwest Return On Assets History

2024 0.0165
2023 0.0127
2022 -0.12
2021 0.0157
2020 0.0266
2019 0.0262
2018 0.0248

About Southwest Gas Financial Statements

Southwest Gas investors use historical fundamental indicators, such as Southwest Gas' Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.02 

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Additional Tools for Southwest Stock Analysis

When running Southwest Gas' price analysis, check to measure Southwest Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.