Southwest Gas Holdings, Inc. (SWX) — Financial statements
Income statement, balance sheet, and cash flow for Southwest Gas Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,940↓62.0% | 5,112↓5.9% | 5,434↑9.6% | 4,960↑34.8% | 3,680 | |
| Cost of Revenue | 1,372↓66.5% | 4,101↓7.1% | 4,415↑11.3% | 3,965↑38.7% | 2,860 | |
| Gross Profit | 568↓43.8% | 1,011↓0.8% | 1,019↑2.4% | 995↑21.2% | 821 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 0.08↑155.6% | -0.15↓157.4% | 0.26↑3657.1% | 0.01 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00↓100.0% | 0.08↑155.6% | -0.15↓157.4% | 0.26↑3657.1% | 0.01 | |
| Other Expenses | 94↓82.2% | 527↓12.3% | 601↓41.0% | 1,019↑125.8% | 451 | |
| Operating Expenses | 94↓82.2% | 527↓12.2% | 601↓41.0% | 1,019↑125.8% | 451 | |
| Total Costs & Expenses | 1,466↓68.3% | 4,629↓7.7% | 5,016↑0.6% | 4,984↑50.5% | 3,311 | |
| Operating Results | ||||||
| Operating Income | 474↓2.0% | 484↑15.6% | 418↑1814.6% | -24↓106.6% | 370 | |
| Depreciation & Amortization | 331↓24.6% | 438↓0.6% | 441↓6.3% | 470↑26.8% | 371 | |
| EBITDA | 865↓11.5% | 977↑5.0% | 931↑111.6% | 440↓40.3% | 737 | |
| EBIT | 534↓0.8% | 538↑9.9% | 490↑1700.8% | -31↓108.4% | 366 | |
| Interest & Other Income | ||||||
| Net Interest Income | -182↑30.9% | -263↓9.1% | -242↓6.6% | -227↓98.6% | -114 | |
| Interest Income | 21↓37.6% | 34↓33.8% | 51↑213.6% | 16↑216.5% | 5 | |
| Interest Expense | 203↓31.6% | 297↑1.6% | 292↑20.4% | 243↑103.7% | 119 | |
| Non-Operating Income | -60↓10.1% | -55↑23.5% | -71↓1252.1% | 6↑76.9% | 3 | |
| Other Income / Expenses | -143↑41.0% | -242↓9.7% | -221↑11.2% | -249↓102.9% | -123 | |
| Income Before Tax | 331↑37.1% | 241↑22.3% | 197↑172.2% | -273↓210.7% | 247 | |
| Income Tax Expense | 96↑163.4% | 36↓12.8% | 42↑155.3% | -76↓290.8% | 40 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 235↑14.6% | 205↑31.7% | 156↑178.7% | -198↓195.4% | 207 | |
| Net Income from Discontinued Operations | 200 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 440↑121.2% | 199↑31.8% | 151↑174.2% | -203↓201.3% | 201 | |
| Bottom-Line Net Income | 440↑121.2% | 199↑31.8% | 151↑174.2% | -203↓201.3% | 201 | |
| EPS (Basic) | 6.09↑119.9% | 2.77↑30.0% | 2.13↑108.6% | -24.75↓830.1% | 3.39 | |
| EPS (Diluted) | 6.08↑120.3% | 2.76↑29.6% | 2.13↑108.6% | -24.75↓830.1% | 3.39 | |
| Weighted Average Shares | 72↑0.4% | 72↑1.5% | 71↑8.0% | 66↑10.8% | 59 | |
| Weighted Average Diluted Shares | 72↑0.4% | 72↑1.5% | 71↑8.3% | 66↑10.6% | 59 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.