How many employees does Southwest Gas Holdings, Inc. have?

Southwest Gas Holdings, Inc. reported 2,453 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 25, 2026. That is up 0.7% from a year earlier.

What is Southwest Gas Holdings, Inc.'s revenue per employee?

Southwest Gas Holdings, Inc. brought in $1.94B of revenue in fiscal Dec 2025, which is $791K per employee. That ranks 5 of 8 companies we track in Regulated Gas, where the median is $809K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Southwest Gas Holdings, Inc. employees and revenue per employee

SWX · Regulated Gas · $6.09B market cap

Southwest Gas Holdings, Inc. had 2,453 employees at the end of fiscal Dec 2025, up 0.7% from a year earlier. Revenue for the year was $1.94B, down 62.0% from a year earlier, or $791K per employee. Revenue fell while headcount grew.

Employees

2,453

+0.7% YoY

Revenue

$1.94B

-62.0% YoY

Revenue / employee

$791K

Peer median $809K

Rank in industry

5 of 8

Regulated Gas

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

SWX employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	2,453	$1.94B	$791K	+0.7%	-62.0%
Dec 2024	2,435	$5.11B	$2.10M	+2.7%	-5.9%
Dec 2023	2,371	$5.43B	$2.29M	+0.9%	+9.6%
Dec 2022	2,351	$4.96B	$2.11M	+2.8%	+34.8%
Dec 2021	2,286	$3.68B	$1.61M	+0.6%	+11.6%
Dec 2020	2,272	$3.30B	$1.45M	-1.0%	+5.7%
Dec 2019	2,295	$3.12B	$1.36M	-0.7%	+8.3%
Dec 2018	2,312	$2.88B	$1.25M	+1.2%	+13.0%
Dec 2017	2,285	$2.55B	$1.12M	+1.7%	+3.6%
Dec 2016	2,247	$2.46B	$1.10M	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Southwest Gas Holdings, Inc. against similar companies

The closest industry peers by revenue, from Regulated Gas.

Company	Employees	Revenue	Revenue / employee	Shape
NJR New Jersey Resources Corporation	1,376	$2.03B	$1.48M	Efficient growth
NI NiSource Inc	7,668	$6.64B	$866K	Leaner
ATO Atmos Energy Corporation	5,487	$4.70B	$857K	Efficient growth
BKH Black Hills Corporation	2,795	$2.31B	$826K	Leaner
SWX Southwest Gas Holdings, Inc.	2,453	$1.94B	$791K	Hiring into decline
UGI UGI Corporation	9,400	$7.29B	$775K	Leaner
SR Spire Inc.	3,497	$2.48B	$708K	Hiring into decline
OGS ONE Gas, Inc.	4,000	$2.43B	$607K	Efficient growth

Every Utilities company

Questions about Southwest Gas Holdings, Inc.

How many employees does Southwest Gas Holdings, Inc. have?: Southwest Gas Holdings, Inc. reported 2,453 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 25, 2026. That is up 0.7% from a year earlier.
What is Southwest Gas Holdings, Inc.'s revenue per employee?: Southwest Gas Holdings, Inc. brought in $1.94B of revenue in fiscal Dec 2025, which is $791K per employee. That ranks 5 of 8 companies we track in Regulated Gas, where the median is $809K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Free game

Think you can pick better than the S&P 500?

Pick 15 stocks, lock them in, and we score them against the index every trading day for ten years. Free, with a public leaderboard.

Enter the challenge

More data

Compare SWX with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Leaderboard Utilities

Source: employee counts and revenue as stated in Southwest Gas Holdings, Inc.'s annual reports (Form 10-K), latest filed February 25, 2026. This is data, not a recommendation to buy or sell SWX.