Sifting through countless of stocks in the Gas Utilities industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in New Jersey Resources Corporation, Southwest Gas Holdings or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how New Jersey Resources Corporation, Southwest Gas Holdings and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About New Jersey Resources Corporation, Southwest Gas Holdings and Inc.

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to residential and commercial customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.

Southwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California in the United States. The company offers tariff sales and transportation services. It also operates a pipeline transmission system, including an LNG storage facility. As of December 31, 2025, the company served approximately 2,281,000 customers with 1,224,000 in Arizona, 849,000 in Nevada, and 208,000 in California. Southwest Gas Holdings, Inc. was founded in 1931 and is headquartered in Las Vegas, Nevada.

Latest Gas Utilities and New Jersey Resources Corporation, Southwest Gas Holdings, Inc. Stock News

As of September 11, 2026, New Jersey Resources Corporation had a $5.4 billion market capitalization, compared to the Gas Utilities median of $4.9 million. New Jersey Resources Corporation’s stock is NA in 2026, NA in the previous five trading days and up 13.42% in the past year.

Currently, New Jersey Resources Corporation’s price-earnings ratio is 14.7. New Jersey Resources Corporation’s trailing 12-month revenue is $2.2 billion with a 16.4% net profit margin. Year-over-year quarterly sales growth most recently was 16.8%. Analysts expect adjusted earnings to reach $3.561 per share for the current fiscal year. New Jersey Resources Corporation currently has a 3.6% dividend yield.

Currently, Southwest Gas Holdings, Inc.’s price-earnings ratio is 21.9. Southwest Gas Holdings, Inc.’s trailing 12-month revenue is $1.7 billion with a 31.4% net profit margin. Year-over-year quarterly sales growth most recently was -9.6%. Analysts expect adjusted earnings to reach $4.255 per share for the current fiscal year. Southwest Gas Holdings, Inc. currently has a 3.0% dividend yield.

How We Compare New Jersey Resources Corporation, Southwest Gas Holdings and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at New Jersey Resources Corporation, Southwest Gas Holdings and Inc.’s stock grades to see how they measure up against one another.

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New Jersey Resources Corporation, Southwest Gas Holdings and Inc. Stock Value Grades

Company	Ticker	Value
New Jersey Resources Corporation	NJR	C
Southwest Gas Holdings, Inc.	SWX	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

New Jersey Resources Corporation has a Value Score of 60, which is Average. Southwest Gas Holdings, Inc. has a Value Score of 51, which is Average.

The Value Stock Winner: No Clear Winner

Neither New Jersey Resources Corporation, Southwest Gas Holdings or Inc. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if New Jersey Resources Corporation, Southwest Gas Holdings or Inc. is the better investment when it comes to value.

New Jersey Resources Corporation, Southwest Gas Holdings and Inc.’s Quality Grades

Company	Ticker	Quality
New Jersey Resources Corporation	NJR	D
Southwest Gas Holdings, Inc.	SWX	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

New Jersey Resources Corporation has a Quality Score of 40, which is Weak. Southwest Gas Holdings, Inc. has a Quality Score of 57, which is Average.

The Quality Stock Winner: No Clear Winner

Neither New Jersey Resources Corporation, Southwest Gas Holdings or Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if New Jersey Resources Corporation, Southwest Gas Holdings or Inc. is the better investment when it comes to quality.

New Jersey Resources Corporation, Southwest Gas Holdings and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
New Jersey Resources Corporation	NJR	B
Southwest Gas Holdings, Inc.	SWX	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

New Jersey Resources Corporation has a Earnings Estimate Score of 64, which is Positive. Southwest Gas Holdings, Inc. has a Earnings Estimate Score of 42, which is Neutral.

The Earnings Estimate Revisions Grade Winner: New Jersey Resources Corporation

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, New Jersey Resources Corporation has a better Earnings Estimate Revisions Grade than Southwest Gas Holdings, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, New Jersey Resources Corporation could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other New Jersey Resources Corporation, Southwest Gas Holdings and Inc. Grades

In addition to Quality, Estimate Revisions and Value, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether New Jersey Resources Corporation, Southwest Gas Holdings and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, New Jersey Resources Corporation, Southwest Gas Holdings or Inc. Stock?

Overall, New Jersey Resources Corporation stock has a Value Score of 60, Estimate Revisions Score of 64 and Quality Score of 40.

Southwest Gas Holdings, Inc. stock has a Value Score of 51, Estimate Revisions Score of 42 and Quality Score of 57.

Comparing New Jersey Resources Corporation, Southwest Gas Holdings and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.