SWX vs. NWN
Compare and contrast key facts about Southwest Gas Holdings, Inc. (SWX) and Northwest Natural Holding Company (NWN).
Performance
SWX vs. NWN - Performance Comparison
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SWX vs. NWN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWX Southwest Gas Holdings, Inc. | 9.37% | 16.92% | 15.68% | 6.61% | -8.67% | 19.34% | -17.50% | 1.97% | -2.32% | 7.58% |
NWN Northwest Natural Holding Company | 15.07% | 23.75% | 6.77% | -14.45% | 1.49% | 10.26% | -35.52% | 25.46% | 4.48% | 2.82% |
Fundamentals
SWX:
$6.08
NWN:
$3.69
SWX:
14.29
NWN:
14.41
SWX:
3.24
NWN:
1.14
SWX:
$1.94B
NWN:
$1.27B
SWX:
$950.93M
NWN:
$309.31M
SWX:
$878.04M
NWN:
$454.27M
Returns By Period
In the year-to-date period, SWX achieves a 9.37% return, which is significantly lower than NWN's 15.07% return. Over the past 10 years, SWX has outperformed NWN with an annualized return of 5.98%, while NWN has yielded a comparatively lower 3.71% annualized return.
SWX
- 1D
- -0.47%
- 1M
- -1.44%
- YTD
- 9.37%
- 6M
- 12.57%
- 1Y
- 24.93%
- 3Y*
- 15.68%
- 5Y*
- 8.68%
- 10Y*
- 5.98%
NWN
- 1D
- -0.75%
- 1M
- 0.34%
- YTD
- 15.07%
- 6M
- 20.99%
- 1Y
- 30.26%
- 3Y*
- 8.83%
- 5Y*
- 4.54%
- 10Y*
- 3.71%
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Return for Risk
SWX vs. NWN — Risk / Return Rank
SWX
NWN
SWX vs. NWN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Southwest Gas Holdings, Inc. (SWX) and Northwest Natural Holding Company (NWN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SWX | NWN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.59 | -0.44 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.11 | -0.50 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.29 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.10 | 3.10 | -1.00 |
Martin ratioReturn relative to average drawdown | 7.27 | 6.27 | +0.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SWX | NWN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.59 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.20 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.13 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.32 | 0.00 |
Correlation
The correlation between SWX and NWN is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SWX vs. NWN - Dividend Comparison
SWX's dividend yield for the trailing twelve months is around 2.85%, less than NWN's 3.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWX Southwest Gas Holdings, Inc. | 2.85% | 3.10% | 3.51% | 3.91% | 3.97% | 3.36% | 3.71% | 2.84% | 2.69% | 2.40% | 2.29% | 2.86% |
NWN Northwest Natural Holding Company | 3.69% | 4.20% | 4.94% | 4.99% | 4.06% | 3.94% | 4.16% | 2.58% | 3.13% | 3.16% | 3.13% | 3.68% |
Drawdowns
SWX vs. NWN - Drawdown Comparison
The maximum SWX drawdown since its inception was -53.62%, which is greater than NWN's maximum drawdown of -46.27%. Use the drawdown chart below to compare losses from any high point for SWX and NWN.
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Drawdown Indicators
| SWX | NWN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.62% | -46.27% | -7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.94% | -9.85% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -41.05% | -32.09% | -8.96% |
Max Drawdown (10Y)Largest decline over 10 years | -42.47% | -46.27% | +3.80% |
Current DrawdownCurrent decline from peak | -3.01% | -10.59% | +7.58% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -12.13% | -0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.87% | -1.72% |
Volatility
SWX vs. NWN - Volatility Comparison
Southwest Gas Holdings, Inc. (SWX) has a higher volatility of 5.47% compared to Northwest Natural Holding Company (NWN) at 4.72%. This indicates that SWX's price experiences larger fluctuations and is considered to be riskier than NWN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWX | NWN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 4.72% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 12.49% | 12.83% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.70% | 19.09% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.39% | 22.54% | +2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.30% | 28.06% | -0.76% |
Financials
SWX vs. NWN - Financials Comparison
This section allows you to compare key financial metrics between Southwest Gas Holdings, Inc. and Northwest Natural Holding Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SWX vs. NWN - Profitability Comparison
SWX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Southwest Gas Holdings, Inc. reported a gross profit of 237.51M and revenue of -793.40M. Therefore, the gross margin over that period was -29.9%.
NWN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported a gross profit of 0.00 and revenue of 370.88M. Therefore, the gross margin over that period was 0.0%.
SWX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Southwest Gas Holdings, Inc. reported an operating income of 141.00M and revenue of -793.40M, resulting in an operating margin of -17.8%.
NWN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported an operating income of 84.94M and revenue of 370.88M, resulting in an operating margin of 22.9%.
SWX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Southwest Gas Holdings, Inc. reported a net income of 68.36M and revenue of -793.40M, resulting in a net margin of -8.6%.
NWN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northwest Natural Holding Company reported a net income of 45.00M and revenue of 370.88M, resulting in a net margin of 12.1%.