On this page of Benford's Law Stocks.com we present our study of Southwest Gas Holdings, Inc. — ticker symbol SWX. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 11/6/2019 to 8/6/2024 for Southwest Gas Holdings, Inc. under CIK number 0001692115. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for SWX, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Southwest Gas Holdings, Inc. based on the past SWX filings our system processed in the past.
28.6
16.5
15.5
9.8
7.4
5.9
9.0
4.4
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, SWX stockholder letter ]
Total numbers found: 1,332
Recent share count: 71,669,140 (7's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1332
High count compared to other filers, with SWX falling in the highest quartile of filers. At this number count, it would take about 13 numbers to move any given column by a full percentage point.
83

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 7, we canceled the penalty multiplier.
 • We deducted points upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
SWX
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
AUMN
CTM
IRON
AUGX
CMT
FSI
USCI
TYGO
Check our work! We provide our Southwest Gas Holdings, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SWX filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 381 numbers that start with the digit 1. Here they are:
10,458,923
10,140,362
1,234,942
1,266,340
106,536
1,935
1,731,602
1,881,114
1,230,370
1,204,200
11,985,344
11,869,896
1
120,000,000
174,199
104,667
111,000
121,323
1,096,154
1,684,847
11,985,344
11,869,896
1,563,026
1,437,877
1,200,098
1,459,072
1,182,168
1,293,645
134,623
128,795
111,705
1,120,188
1,319,397
1,098,947
1,208,874
145,374
146,681
14,939
19,604
112,314
108,617
129,032
111,353
107,772
1,877
1,381
1,702
18,333
106,070
1.48
1.07
1.47
1.07
107,772
1,452
1,099
180
197
1,152
19,444
104,571
1,708
1,381
1,533
17,736
103,038
107,772
1,995
1,835
1,913
134,039
17,034
12,186
1,050,878
1,027,036
102,334
157,000
1,822,747
1,707
106,536
123,078
139,373
136,174
142
145
142
145
154,287
154,287
1,204
1,204
197
18,333
106,070
194
172,501
172,501
1,867
1,867
169
169
174,199
174,199
1.24
1.24
10,458,923
10,140,362
155,739
152,658
168,845
194,340
188,138
1,014,928
1,195,774
11,155
11,155
1,087,666
1,018,474
137,186
121,323
1,711
1,963,782
1,952,591
1,563,026
1,402,745
129,627
124,731
146,510
149,495
1,323,610
1,181,980
14,211
18,742
18,362
17,271
195,444
182,224
1,850
1,849
19,120
163,419
153,816
19,120
163,419
153,816
1,452
1,099
180
197
197
19,317
164,189
154,209
163,419
153,816
146,510
149,495
100,350
18,578
1,801
1,494
1,495
141,129
192,952
1,624,919
1,622,969
1,107
197
1,112,273
1,030,164
1,018,474
19,120
163,419
153,816
100
1,087,666
1,009,608
1,087,666
1,009,608
100
1.5
151,218
146,546
155,739
152,658
1,751,844
1,752,094
1,234,942
1,266,340
11,155
11,155
1,000
14,515
18,913
1,835
10,193
1,891
14,211
18,742
103
1
157
14,939
19,604
15
15
10
10
1.41
13
12,689
104,667
193
165
194
194
176
186
165
171
144,000
159,000
140,000
146,000
17.1
13.6
16.5
10.7
16.4
15.6
14,126
12,920
15,097
14,791
1,577
168
1,784
122
124
1,084
1,062
1,872
1,685
1,589
1,650
1,130
1,212
1,191
1,160
1,094,789
1,061,987
110,640
106,528
15,471
14,455
1,570,854
1,488,681
13,070
16,363
1,563,026
1,402,745
14,027
12,007
1,200,098
1,459,072
137,816
1,002,701
1,198,329
112,616
155,056
197,397
1,200,098
1,459,072
134,566
189,170
139,068
194,034
1,200,098
1,459,072
17,177
178
1,945
125,000
126,175
125,000
126,238
189,870
197,760
1,150
1,363
198,850
198,637
143,597
143,710
15,273
17,111
150
1.125
125
1.545
1.0
1.5
1.50
1.145
1
156
160
1.300
1.125
111
11
11
1,910
1,452
1,447
1,099
119
121
197
1,152
1,152
121
169
169
121
160
180
1,013
124
124
169
169
124
12,804
1,013
169
169
169
1,204
1,204
1,204
1,013
1,828
12,561
12,804
1,013
12,561
1,090
1,178
12,170
13,017
1,153,487
1,182,168
14,315
18,333
1,263,339
1,293,645
19,120
18,818
1,563,026
1,148,139
1,563,026
1,200,098
163,419
106,070
1,402,745
1,399,962
1,402,745
1,459,072
153,816
16,288
11
1.7
12,400,000
1,860,000
18
174.2
1.9
19
106,070
154,287
We found 220 numbers that start with the digit 2. Here they are:
2,896,703
2,822,669
226,210
200,549
239,887
218,832
21,377
2,171
2,709,674
2,541,790
264,289
2,241
2,150,978
2,160,508
2,763,124
2,896,949
242,479
231,053
269,769
277,703
215,214
224,225
21,228
21,604
2,521,778
2,676,979
241,346
219,970
24,391
21,260
20,210
28,878
26
25
20,210
254
2,903
2,199
2,294
2,391
2,491
2,784
215,214
224,225
21,377
2,181
246,727
237,554
2,452
239
298
23,803
221,367
2,547,485
2,524,631
2,541,790
2,287,183
247,040
2,709,674
2,534,223
2,709,674
2,534,223
2,294
2,391
28,878
29,773
2,896,703
2,822,669
226,210
200,549
269,195
26
21,376
2,160,535
2,156,577
215,744
221,353
271,899
242,479
231,053
260,493
255,919
21,228
21,604
239,416
220,765
25,628
29,444
28,408
27,594
27,594
254
2,903
2,199
27,980
21,377
206
278
297,759
2,156,318
2,156,577
2,160,535
2,156,026
2,160,535
2,156,026
27,594
2.3
21
21
27
2.2
29.7
26,986
273
20
21
249
20
2
28
29,582
21,953
21,015
250
280,712
29,310
25,042
26,673
23,737
284,723
26,405
234,494
260,061
260,743
244,848
248,960
289,036
269,808
25.3
2
27
2,512
25,000
26,260
25,000
26,883
285,090
285,300
2.2
250,000
211,750
250,000
214,050
220,950
225,240
228,120
236,370
28,052
29,594
250
2.5
2.50
2.5
254
29
259
2,294
2,294
2,553
2,491
2,553
2,491
22
22
2,903
2,895
2,199
238
243
2,391
2,391
2,958
243
2,908
2,784
2,789
243
2,908
2,784
24
22
2,903
2,903
2,895
2,199
2,199
243
243
2,598
2,598
24
22
2,903
2,895
2,199
243
24
28,681
28,681
27,594
28,878
2,711,165
2,763,124
26,173
2,837,839
2,896,949
21.00
2,591,929
2.4
260,357
We found 206 numbers that start with the digit 3. Here they are:
39,777
3,492,765
3,310,036
3,666,964
3,310,036
31,194
346,907
36,575
36,605
33,060
38,064
35,028
33,444
30,259
3,120
30,259
33
33
386
393
3,971
3,201
32,750
3,120
31,369
37,541
3,674
350,473
349,451
368,464
32,448
32,430
3,586
39,894
346,047
32,500
330,343
3,802
386
393
35,605
3,492,765
3,262,826
3,492,765
3,262,826
3,666,964
3,262,826
3,666,964
3,262,826
30
39,777
390,400
390,742
39,778
3,257,535
3,183,615
3,503,298
3,501,543
35,007
34,955
35,633
39,839
37,104
32,311
37,185
38,541
32,025
33
33
386
393
386
393
3,674
335,469
349,060
349,295
33,384
32,475
31,843
391,347
381,193
374,707
389,212
3,958
3,057
38,065
38,261
386
393
39,778
37,868
39,778
37,868
363
39,600
3,257,535
3,176,878
3,257,535
3,176,878
38,858
37,220
314.1
308
38.6
34
3,554
3,554
3,900
3,674
3,137
32,311
37,185
33,060
38,064
39.9
30.0
30,194
3,154
320
3,568
333
322
317
310,552
322,674
317,085
36,294
35,569
3,317
381,676
351,786
398,441
356,085
351,885
338,235
347,454
335,704
348,021
3,213
338,917
349,966
338,235
347,454
300,000
304,170
300,000
309,180
3.7
300,000
300,000
300,000
302,280
300,000
307,170
381,645
382,635
3.8
300,000
300,000
300,000
300,000
3.18
300,000
300,000
3,304,448
3,302,906
3,503,298
3,501,543
31,194
316
300
33
33
334
348
386
3,820
393
3,971
3,971
3,201
3,032
3,239
3,239
3,971
3,971
3,971
3,820
3,971
3,971
3,201
39,778
3,820
39,778
358,148
361,968
306,899
309,794
30,306
30,306
31,176
35,132
35,132
328
316
4's 5's 6's
We found 131 numbers that start with the digit 4. Here they are:
46,400
463
442,024
414,008
45,615
43,787
4,609,838
42,552
48,460
408,364
463,000
458,000
487,866
44,131
45,834
49,743
4,181
4,769
40
40
44,186
46,600
44,900
4,961
444,502
438,735
4,943
425,887
4,804
450,000
493,103
4,059
44
4,354
44
4,354
4,187
46,222
43,949
43,787
44,242
45,615
41,458
45,615
41,458
44,649
44,660
46,400
401,555
401,897
49,112
49,112
40,548
48,460
463,000
458,000
487,866
44,131
44,344
455,021
452,233
43,972
47,770
43,668
4,188
46,600
44,900
4,314
4,943
450,000
46
478,170
493,740
47,482
47,482
47,482
47,482
49,112
49,112
49,112
49,112
4,217
40,164
40,548
427
4,521
48.9
44.4
46
4,600
4,130
4,907
417
44
449
47
43,906
42,030
499
44
44
492,646
492,436
4,377
487,866
439,966
433,469
468,134
422,575
43,694
4.7
450,000
450,000
4.05
4.875
4.15
42,552
4,609,838
400
400
400
44
44
458
476
40,548
43,787
45,615
40,548
487,866
487,866
We found 99 numbers that start with the digit 5. Here they are:
599,639
552,885
5,063,577
57,399
58,053
522,953
510,093
58,830
507
5,696
585
50,000
545,431
599,639
5,769
564,894
552,885
57,399
58,053
510,093
55,072
507
5,331
5,711
52,171
530,000
50,000
51,823
564,894
530,000
530,000
52,101
5.7
5.2
5,234
521
516
5
5,046
542
531
565
596
580
56,133
55,360
54,280
510,093
545,189
5,676
559,459
50
5.8
5.45
543,900
563,940
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
550,000
550,000
5,063,577
5.75
5.75
550
507
597
507
58
517
53,352
52,339
5,837
5,837
53,352
52,339
52,339
53,352
510,093
510,093
5,054
51,959
51,959
59,110
59,110
550
We found 79 numbers that start with the digit 6. Here they are:
628,500
63,769
672,075
604,545
69,347
69,901
66
66
6,794
61,648
634,430
607,433
6,094
68,944
67,119
68,749
696,958
696,958
62
62
642
6,760,833
6,685,158
63,769
636,037
630,822
61,687
66
66
60,879
634,430
62,943
675,000
68,303
6,112
675,632
6,300
6,294
69,901
6.3
6,460
640
61
62
666
644
634
606
67,326
642,902
694,061
672,075
650,723
672,075
672,075
682
67,000
6.76
600,000
600,000
6.1
6.00
62
645
62
62
66
66
667
696
66
66
696
66
696
643,394
672,075
6,946
69,685
7's 8's 9's
We found 120 numbers that start with the digit 7. Here they are:
71,711,480
7,788,430
7,518,242
796,238
786,175
789,729
71,709,298
71,563,750
73,339
73,194
755,367
738,839
7,671
792,244
752,997
738,590
715,717
71,230
73,769
77,909
74,789
71,839
71,536
71,784
72,015
71,722
71,949
70,072
77,909
770
766
77,573
77,909
71,230
71,206
74,486
71,665
71,331
71,564
71,709
71,473
71,709
71,473
73,295
72,961
73,194
73,339
73,103
73,339
73,103
7,902
770
781,683
742,513
738,839
747,069
74,789
755,367
755,367
7,788,430
7,518,242
71,154
797,849
749,836
702,933
744,755
732,222
74,845
76,283
75,726
770
770
71,600
71,154
73,859
770
76
79,200
711,499
778,574
789,729
775,020
786,175
786
7,671
7,671
71,839
71,536
71,784
72,015
71,722
71,949
70,072
7,063
795
7,887
738,606
730,877
706,290
751,102
78,000
75,000
77,598
75,000
79,502
7.92
7,500
7,658
7,500
7,800
77,121
77,205
78,359
766
770
770
770
770
775,473
74,789
We found 58 numbers that start with the digit 8. Here they are:
886,549
8,738,212
8,024,541
817
895,734
805,779
872,476
83,221
84,771
80,693
82
82,012
850,285
8,296
88,825
85,916
89,348
89,295
872,476
80,757
8,297
81,400
83,247
81
8
8.5
82.7
83.4
87.6
8,261
82
89
855
898
82
8
81
84
843
825
88
88
8,535
8,155
805,779
805,779
805,779
8
831,375
831,375
81,774
80
88
88
88
88
805,779
81
We found 38 numbers that start with the digit 9. Here they are:
93,000
9,661
949,511
96,072
90
92,839
9,596
9,592
9,410
983
93,000
9,360,652
9,268,571
9,360,652
9,268,571
90
951,694
935,355
93,800
9,137
9
92
92
99
91,978
91,979
97,025
936
94,091
994,238
996,723
96,599
92,209
90
917
917
917
9,060
While the above SWX 10Q Filed 8/6/2024 is interesting in isolation, we have found that it is also useful to take a look at older Southwest Gas Holdings, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 8/6/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical SWX 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

28.6
16.5
15.5
9.8
7.4
5.9
9.0
4.4
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,332

= Typical SWX range from 11/6/2019 to 8/6/2024
29.0
15.9
13.2
10.2
8.4
7.6
7.6
4.2
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,760

= Typical SWX range from 11/6/2019 to 8/6/2024
27.3
17.4
13.1
12.0
9.3
7.6
5.4
4.8
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 2,357

= Typical SWX range from 11/6/2019 to 8/6/2024
31.2
15.8
11.1
12.4
9.6
6.9
4.8
4.9
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,536

= Typical SWX range from 11/6/2019 to 8/6/2024
29.1
18.8
9.7
10.1
11.6
5.7
5.0
5.7
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 1,745

= Typical SWX range from 11/6/2019 to 8/6/2024
28.1
19.8
10.5
9.0
11.2
7.0
6.1
4.4
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,786

= Typical SWX range from 11/6/2019 to 8/6/2024
27.9
18.0
13.4
10.5
8.8
6.6
5.3
5.8
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 2,412

= Typical SWX range from 11/6/2019 to 8/6/2024
28.6
15.8
14.8
10.4
8.0
6.0
7.5
4.2
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 934

= Typical SWX range from 11/6/2019 to 8/6/2024
29.4
18.1
13.6
10.6
7.6
7.7
6.0
4.3
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,759

= Typical SWX range from 11/6/2019 to 8/6/2024
32.4
16.0
11.2
11.6
8.8
7.3
5.7
3.7
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,908

= Typical SWX range from 11/6/2019 to 8/6/2024
28.1
18.7
11.5
11.7
10.3
6.4
5.2
5.0
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 2,492

= Typical SWX range from 11/6/2019 to 8/6/2024
25.8
19.4
9.7
10.6
11.8
6.1
5.3
7.1
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 1,386

= Typical SWX range from 11/6/2019 to 8/6/2024
29.5
17.5
9.3
12.3
10.1
6.8
6.3
4.2
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,797

= Typical SWX range from 11/6/2019 to 8/6/2024
30.3
17.2
10.8
10.7
8.3
7.0
5.3
5.4
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,934

= Typical SWX range from 11/6/2019 to 8/6/2024
26.9
19.8
13.2
10.7
8.5
6.5
6.8
4.2
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 2,260

= Typical SWX range from 11/6/2019 to 8/6/2024
27.8
16.0
13.2
10.9
8.4
8.0
6.7
4.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,421

= Typical SWX range from 11/6/2019 to 8/6/2024
32.3
17.3
10.3
11.7
9.1
7.0
4.4
4.9
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,894

= Typical SWX range from 11/6/2019 to 8/6/2024
29.6
20.0
10.8
8.6
11.4
5.7
6.1
4.2
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,848

= Typical SWX range from 11/6/2019 to 8/6/2024
26.9
18.4
12.3
11.4
9.8
6.4
5.6
5.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 2,302

= Typical SWX range from 11/6/2019 to 8/6/2024
26.5
19.0
10.3
9.6
11.6
7.5
6.3
5.2
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,402

= Typical SWX range from 11/6/2019 to 8/6/2024
 

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