Correlation
The correlation between SWX and NWN is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
SWX vs. NWN
Compare and contrast key facts about Southwest Gas Holdings, Inc. (SWX) and Northwest Natural Holding Company (NWN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWX or NWN.
Performance
SWX vs. NWN - Performance Comparison
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Key characteristics
SWX:
-0.05
NWN:
0.81
SWX:
0.05
NWN:
1.46
SWX:
1.01
NWN:
1.18
SWX:
-0.10
NWN:
0.45
SWX:
-0.32
NWN:
4.12
SWX:
6.89%
NWN:
4.98%
SWX:
25.24%
NWN:
20.86%
SWX:
-53.62%
NWN:
-46.27%
SWX:
-14.73%
NWN:
-33.42%
Fundamentals
SWX:
$5.37B
NWN:
$1.65B
SWX:
$3.12
NWN:
$2.52
SWX:
23.02
NWN:
16.26
SWX:
2.47
NWN:
2.42
SWX:
1.11
NWN:
1.36
SWX:
1.50
NWN:
1.13
SWX:
$4.83B
NWN:
$1.21B
SWX:
$1.06B
NWN:
$547.79M
SWX:
$1.02B
NWN:
$407.09M
Returns By Period
In the year-to-date period, SWX achieves a 3.34% return, which is significantly lower than NWN's 6.02% return. Over the past 10 years, SWX has outperformed NWN with an annualized return of 6.02%, while NWN has yielded a comparatively lower 3.08% annualized return.
SWX
3.34%
-1.10%
-6.51%
-4.22%
-4.83%
2.46%
6.02%
NWN
6.02%
-4.59%
-4.29%
14.85%
-4.70%
-4.54%
3.08%
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Risk-Adjusted Performance
SWX vs. NWN — Risk-Adjusted Performance Rank
SWX
NWN
SWX vs. NWN - Risk-Adjusted Performance 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.
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Dividends
SWX vs. NWN - Dividend Comparison
SWX's dividend yield for the trailing twelve months is around 3.45%, less than NWN's 4.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWX Southwest Gas Holdings, Inc. | 3.45% | 3.51% | 3.91% | 3.97% | 3.36% | 3.71% | 2.84% | 2.69% | 2.40% | 2.29% | 2.86% | 2.31% |
NWN Northwest Natural Holding Company | 4.78% | 4.94% | 4.99% | 4.06% | 3.94% | 4.16% | 2.58% | 3.13% | 3.16% | 3.13% | 3.68% | 3.70% |
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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Volatility
SWX vs. NWN - Volatility Comparison
Southwest Gas Holdings, Inc. (SWX) has a higher volatility of 11.84% compared to Northwest Natural Holding Company (NWN) at 6.69%. 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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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 Jun 2025, Southwest Gas Holdings, Inc. reported a gross profit of 352.10M and revenue of 1.30B. Therefore, the gross margin over that period was 27.2%.
NWN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Northwest Natural Holding Company reported a gross profit of 218.21M and revenue of 494.28M. Therefore, the gross margin over that period was 44.2%.
SWX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Southwest Gas Holdings, Inc. reported an operating income of 200.42M and revenue of 1.30B, resulting in an operating margin of 15.5%.
NWN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Northwest Natural Holding Company reported an operating income of 154.35M and revenue of 494.28M, resulting in an operating margin of 31.2%.
SWX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Southwest Gas Holdings, Inc. reported a net income of 113.87M and revenue of 1.30B, resulting in a net margin of 8.8%.
NWN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Northwest Natural Holding Company reported a net income of 87.92M and revenue of 494.28M, resulting in a net margin of 17.8%.