SWX vs GTES

Comparison between Southwest Gas Holdings Inc (SWX, Company) and Gates Industrial Corporation plc (GTES, Company).

SWX is from the Utilities sector, while GTES is from the Industrials sector.

5-Year PerformanceSWX has outperformed GTES, delivering a return of +9.3% compared to +6.8%

SWX vs GTES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SWX(COMPANY)	GTES(COMPANY)
Market Cap	$6.42B	$6.44B
Max Drawdown	56.45%	70.06%
Sharpe Ratio	1.40	0.34
5Y Beta	0.34	1.47
Industry	Utilities - Regulated Gas	Specialty Industrial Machinery
P/E Ratio	13.80	26.08
Forward P/E	21.98	15.82
PEG Ratio	0.13	1.67
Dividend Yield	2.79%	N/A
5Y Dividends CAGR	6.28%	N/A
5Y EPS CAGR	5.85%	20.60%
Debt to Equity	85.55%	66.19%
Free Cash Flow Yield	-6.27%	6.65%
P/S Ratio	3.61	1.87
P/B Ratio	1.59	1.97

Market Cap

SWX

$6.42B

Winner

GTES

$6.44B

Max Drawdown

Winner

SWX

56.45%

GTES

70.06%

Sharpe Ratio

Winner

SWX

1.40

GTES

0.34

5Y Beta

Winner

SWX

0.34

GTES

1.47

Industry

SWX

Utilities - Regulated Gas

GTES

Specialty Industrial Machinery

P/E Ratio

Winner

SWX

13.80

GTES

26.08

Forward P/E

SWX

21.98

Winner

GTES

15.82

PEG Ratio

Winner

SWX

0.13

GTES

1.67

Dividend Yield

SWX

2.79%

GTES

N/A

5Y Dividends CAGR

SWX

6.28%

GTES

N/A

5Y EPS CAGR

SWX

5.85%

Winner

GTES

20.60%

Debt to Equity

SWX

85.55%

Winner

GTES

66.19%

Free Cash Flow Yield

SWX

-6.27%

Winner

GTES

6.65%

P/S Ratio

SWX

3.61

Winner

GTES

1.87

P/B Ratio

Winner

SWX

1.59

GTES

1.97

SWX vs GTES - Historical Returns

Returns include dividend reinvestment.

Period	SWX	GTES
1 month	-1.53%	-5.82%
3 months	+3.41%	-11.21%
6 months	+13.50%	+13.63%
1 year	+28.46%	+10.15%
5 years(CAGR)	+9.31%	+6.81%
10 years(CAGR)	+6.04%	+3.23%
Max(CAGR)	+8.57%	+3.23%

Winner

SWX

-1.53%

GTES

-5.82%

Winner

SWX

+3.41%

GTES

-11.21%

SWX

+13.50%

Winner

GTES

+13.63%

Winner

SWX

+28.46%

GTES

+10.15%

5Y(CAGR)

Winner

SWX

+9.31%

GTES

+6.81%

10Y(CAGR)

Winner

SWX

+6.04%

GTES

+3.23%

Max(CAGR)

Winner

SWX

+8.57%

GTES

+3.23%

SWX vs GTES - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SWX	GTES
2026	+12.57%	+9.20%
2025	+17.58%	+5.14%
2024	+14.47%	+53.97%
2023	+6.74%	+15.99%
2022	-7.03%	-29.39%
2021	+21.98%	+27.28%
2020	-17.24%	-7.80%
2019	+5.39%	+2.15%
2018	-1.42%	-28.43%
2017	+7.85%	N/A
2016	+45.96%	N/A
2015	-7.73%	N/A
2014	+16.33%	N/A
2013	+32.27%	N/A
2012	+2.29%	N/A
2011	+16.45%	N/A
2010	+30.14%	N/A
2009	+17.33%	N/A
2008	-12.21%	N/A
2007	-20.99%	N/A
2006	+46.36%	N/A
2005	+8.80%	N/A
2004	+16.85%	N/A
2003	-0.59%	N/A
2002	+6.87%	N/A
2001	+4.89%	N/A
2000	+3.41%	N/A
1999	-1.01%	N/A

SWX vs GTES Drawdown Comparison

The maximum drawdown for SWX was -53.68%, occurring on Mar 5, 2009. Recovery took 889 trading sessions.

The maximum drawdown for GTES was -70.06%, occurring on Mar 17, 2020. Recovery took 1540 trading sessions.

The current SWX drawdown is -4.74%. The current GTES drawdown is -14.12%.

Rank	SWX	GTES
#1	-53.68% Apr 25, 2007 - Nov 2, 2010	-70.06% Sep 21, 2018 - Nov 5, 2024
#2	-42.48% Sep 16, 2019 - Apr 18, 2022	-33.82% Feb 19, 2025 - Jul 2, 2025
#3	-41.03% May 24, 2022 - Nov 28, 2025	-24.99% Feb 24, 2026 - Mar 30, 2026
#4	-29.89% Nov 18, 1999 - May 29, 2001	-24.85% Feb 1, 2018 - Sep 21, 2018
#5	-26.00% Mar 21, 2002 - Jan 23, 2004	-18.97% Aug 28, 2025 - Feb 6, 2026
#6	-25.07% Dec 1, 2017 - Nov 12, 2018	-13.91% Dec 5, 2024 - Feb 6, 2025
#7	-22.00% Aug 2, 2001 - Jan 22, 2002	-6.64% Jul 25, 2025 - Aug 13, 2025
#8	-20.00% May 13, 2011 - Oct 27, 2011	-4.97% Aug 13, 2025 - Aug 25, 2025
#9	-18.40% Dec 29, 2014 - Mar 4, 2016	-4.48% Feb 6, 2025 - Feb 18, 2025
#10	-17.86% Jul 22, 2016 - Jan 4, 2017	-3.23% Nov 6, 2024 - Nov 21, 2024
#11	-15.05% Mar 3, 2017 - Nov 29, 2017	-3.00% Feb 13, 2026 - Feb 24, 2026
#12	-13.71% Dec 31, 2013 - Oct 21, 2014	-2.33% Jul 17, 2025 - Jul 23, 2025
#13	-12.76% Jul 18, 2012 - Feb 13, 2013	-1.85% Feb 9, 2026 - Feb 12, 2026
#14	-12.45% Nov 16, 2018 - Feb 21, 2019	-1.37% Jul 3, 2025 - Jul 9, 2025
#15	-10.15% Feb 13, 2007 - Apr 25, 2007	-1.25% Jul 10, 2025 - Jul 17, 2025