Financials in USD. Standardized financial statements.
A compact view of how Southwest Gas Holdings, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.94B | $5.11B | $5.43B | $4.96B | $3.68B | $3.30B | $3.12B | $2.88B | $2.55B | $2.46B |
| Revenue Growth? | -62.0% | -5.9% | +9.6% | +34.8% | +11.6% | +5.7% | +8.3% | +13.0% | +3.6% | 0.0% |
| Cost of Revenue? | $1.37B | $4.10B | $4.41B | $3.97B | $2.86B | $2.48B | $2.38B | $2.21B | $1.92B | $1.82B |
| Gross Profit? | $567.96M | $1.01B | $1.02B | $994.87M | $820.93M | $818.49M | $737.38M | $666.54M | $632.60M | $637.22M |
| Gross Margin? | +29.3% | +19.8% | +18.8% | +20.1% | +22.3% | +24.8% | +23.6% | +23.1% | +24.8% | +25.9% |
| Operating Expenses? | $94.07M | $527.40M | $600.89M | $1.02B | $451.38M | $395.49M | $365.56M | $309.06M | $308.88M | $341.51M |
| Operating Income? | $473.89M | $483.77M | $418.33M | -$24.40M | $369.55M | $423.00M | $371.81M | $357.43M | $323.70M | $295.71M |
| EBITDA? | $864.68M | $976.78M | $930.54M | $439.87M | $737.09M | $748.24M | $685.13M | $592.49M | $577.25M | $584.85M |
| Income Before Tax | $330.87M | $241.30M | $197.35M | -$273.34M | $246.85M | $304.74M | $272.67M | $243.34M | $259.03M | $231.52M |
| Income Tax Expense | $96.04M | $36.46M | $41.83M | -$75.65M | $39.65M | $65.75M | $56.02M | $61.68M | $65.09M | $78.47M |
| Net Income? | $439.83M | $198.81M | $150.89M | -$203.29M | $200.78M | $232.32M | $213.94M | $182.28M | $193.84M | $152.04M |
| EPS? | $6.09 | $2.77 | $2.13 | $-24.75 | $3.39 | $4.15 | $3.94 | $3.69 | $4.04 | $3.20 |
| Diluted EPS? | $6.08 | $2.76 | $2.13 | $-24.75 | $3.39 | $4.14 | $3.94 | $3.68 | $4.04 | $3.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality