
Southwest Gas Holdings Inc
NYSE:SWX

Income Statement
Earnings Waterfall
Southwest Gas Holdings Inc
Revenue
|
5.1B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
4B
USD
|
Operating Expenses
|
-3.5B
USD
|
Operating Income
|
483.8m
USD
|
Other Expenses
|
-285m
USD
|
Net Income
|
198.8m
USD
|
Income Statement
Southwest Gas Holdings Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 122
N/A
|
2 248
+6%
|
2 333
+4%
|
2 406
+3%
|
2 464
+2%
|
2 461
0%
|
2 470
+0%
|
2 504
+1%
|
2 461
-2%
|
2 384
-3%
|
2 397
+1%
|
2 450
+2%
|
2 549
+4%
|
2 648
+4%
|
2 759
+4%
|
2 834
+3%
|
2 880
+2%
|
2 959
+3%
|
3 001
+1%
|
3 058
+2%
|
3 120
+2%
|
3 123
+0%
|
3 167
+1%
|
3 233
+2%
|
3 299
+2%
|
3 348
+2%
|
3 413
+2%
|
3 510
+3%
|
3 680
+5%
|
4 062
+10%
|
4 387
+8%
|
4 624
+5%
|
4 960
+7%
|
5 296
+7%
|
5 443
+3%
|
5 487
+1%
|
5 434
-1%
|
5 412
0%
|
5 300
-2%
|
5 210
-2%
|
5 112
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(505)
|
(568)
|
(579)
|
(570)
|
(564)
|
(524)
|
(486)
|
(461)
|
(397)
|
(330)
|
(328)
|
(335)
|
(355)
|
(394)
|
(408)
|
(412)
|
(419)
|
(426)
|
(408)
|
(393)
|
(385)
|
(353)
|
(356)
|
(357)
|
(343)
|
(338)
|
(347)
|
(374)
|
(431)
|
(574)
|
(645)
|
(682)
|
(799)
|
(1 008)
|
(1 091)
|
(1 160)
|
(1 253)
|
(1 376)
|
(1 387)
|
(1 329)
|
(1 150)
|
|
Gross Profit |
1 616
N/A
|
1 680
+4%
|
1 754
+4%
|
1 836
+5%
|
1 900
+3%
|
1 937
+2%
|
1 984
+2%
|
2 043
+3%
|
2 063
+1%
|
2 054
0%
|
2 068
+1%
|
2 115
+2%
|
2 194
+4%
|
2 255
+3%
|
2 351
+4%
|
2 421
+3%
|
2 461
+2%
|
2 533
+3%
|
2 593
+2%
|
2 665
+3%
|
2 735
+3%
|
2 769
+1%
|
2 811
+2%
|
2 876
+2%
|
2 956
+3%
|
3 010
+2%
|
3 066
+2%
|
3 136
+2%
|
3 250
+4%
|
3 488
+7%
|
3 741
+7%
|
3 941
+5%
|
4 161
+6%
|
4 288
+3%
|
4 353
+2%
|
4 327
-1%
|
4 181
-3%
|
4 036
-3%
|
3 913
-3%
|
3 881
-1%
|
3 962
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 332)
|
(1 393)
|
(1 469)
|
(1 553)
|
(1 612)
|
(1 644)
|
(1 688)
|
(1 748)
|
(1 748)
|
(1 768)
|
(1 762)
|
(1 790)
|
(1 851)
|
(1 906)
|
(1 998)
|
(2 063)
|
(2 103)
|
(2 165)
|
(2 224)
|
(2 297)
|
(2 363)
|
(2 390)
|
(2 419)
|
(2 468)
|
(2 533)
|
(2 563)
|
(2 626)
|
(2 727)
|
(2 880)
|
(3 124)
|
(3 391)
|
(3 563)
|
(3 730)
|
(3 819)
|
(3 844)
|
(3 809)
|
(3 691)
|
(3 595)
|
(3 473)
|
(3 440)
|
(3 479)
|
|
Depreciation & Amortization |
(253)
|
(258)
|
(262)
|
(267)
|
(270)
|
(278)
|
(284)
|
(287)
|
(289)
|
(286)
|
(272)
|
(261)
|
(251)
|
(241)
|
(244)
|
(248)
|
(249)
|
(264)
|
(273)
|
(287)
|
(303)
|
(313)
|
(320)
|
(325)
|
(332)
|
(338)
|
(343)
|
(355)
|
(371)
|
(400)
|
(425)
|
(451)
|
(470)
|
(460)
|
(464)
|
(453)
|
(441)
|
(448)
|
(432)
|
(434)
|
(438)
|
|
Operations Maintenance |
(1 032)
|
(1 086)
|
(1 156)
|
(1 236)
|
(1 292)
|
(1 316)
|
(1 353)
|
(1 409)
|
(1 406)
|
(1 428)
|
(1 436)
|
(1 473)
|
(1 542)
|
(1 607)
|
(1 695)
|
(1 756)
|
(1 794)
|
(1 840)
|
(1 889)
|
(1 949)
|
(1 997)
|
(2 014)
|
(2 036)
|
(2 079)
|
(2 138)
|
(2 157)
|
(2 211)
|
(2 296)
|
(2 429)
|
(2 639)
|
(2 877)
|
(3 022)
|
(3 166)
|
(3 266)
|
(3 289)
|
(3 267)
|
(3 161)
|
(3 060)
|
(2 954)
|
(2 918)
|
(2 951)
|
|
Other Operating Expenses |
(47)
|
(49)
|
(50)
|
(50)
|
(49)
|
(50)
|
(51)
|
(52)
|
(52)
|
(53)
|
(55)
|
(56)
|
(58)
|
(58)
|
(59)
|
(60)
|
(60)
|
(61)
|
(61)
|
(62)
|
(62)
|
(63)
|
(63)
|
(63)
|
(64)
|
(68)
|
(72)
|
(76)
|
(80)
|
(84)
|
(88)
|
(91)
|
(93)
|
(93)
|
(92)
|
(90)
|
(89)
|
(87)
|
(87)
|
(88)
|
(89)
|
|
Operating Income |
285
N/A
|
287
+1%
|
285
-1%
|
283
-1%
|
288
+2%
|
293
+2%
|
296
+1%
|
295
0%
|
316
+7%
|
286
-9%
|
306
+7%
|
326
+6%
|
343
+5%
|
348
+2%
|
353
+1%
|
358
+1%
|
357
0%
|
368
+3%
|
370
+0%
|
369
0%
|
372
+1%
|
380
+2%
|
393
+3%
|
409
+4%
|
423
+4%
|
448
+6%
|
440
-2%
|
409
-7%
|
370
-10%
|
365
-1%
|
351
-4%
|
378
+8%
|
431
+14%
|
469
+9%
|
508
+8%
|
518
+2%
|
490
-6%
|
441
-10%
|
440
0%
|
441
+0%
|
484
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(69)
|
(69)
|
(70)
|
(75)
|
(71)
|
(70)
|
(67)
|
(60)
|
(64)
|
(61)
|
(62)
|
(63)
|
(65)
|
(71)
|
(75)
|
(77)
|
(94)
|
(88)
|
(89)
|
(95)
|
(85)
|
(111)
|
(105)
|
(103)
|
(98)
|
(76)
|
(84)
|
(91)
|
(105)
|
(132)
|
(164)
|
(195)
|
(228)
|
(244)
|
(240)
|
(239)
|
(231)
|
(227)
|
(240)
|
(245)
|
(255)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(455)
|
(527)
|
(527)
|
(527)
|
(71)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
4
|
2
|
2
|
2
|
1
|
(0)
|
(1)
|
(20)
|
(7)
|
(12)
|
(16)
|
(19)
|
(20)
|
(21)
|
(21)
|
(21)
|
(19)
|
(18)
|
(16)
|
(15)
|
(17)
|
(17)
|
(17)
|
(20)
|
(16)
|
(18)
|
(19)
|
(18)
|
(14)
|
(11)
|
(9)
|
(21)
|
(17)
|
(14)
|
(9)
|
10
|
11
|
15
|
17
|
12
|
|
Pre-Tax Income |
220
N/A
|
222
+1%
|
217
-2%
|
210
-3%
|
219
+4%
|
224
+2%
|
229
+2%
|
234
+3%
|
232
-1%
|
218
-6%
|
232
+7%
|
246
+6%
|
259
+5%
|
257
-1%
|
257
+0%
|
260
+1%
|
243
-6%
|
262
+8%
|
264
+1%
|
258
-2%
|
273
+6%
|
251
-8%
|
271
+8%
|
289
+7%
|
305
+5%
|
355
+17%
|
338
-5%
|
300
-11%
|
247
-18%
|
218
-12%
|
176
-19%
|
174
-1%
|
(273)
N/A
|
(318)
-16%
|
(273)
+14%
|
(257)
+6%
|
197
N/A
|
226
+14%
|
215
-5%
|
213
-1%
|
241
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(78)
|
(80)
|
(80)
|
(79)
|
(80)
|
(81)
|
(82)
|
(80)
|
(79)
|
(71)
|
(77)
|
(83)
|
(77)
|
(80)
|
(77)
|
(77)
|
(76)
|
(63)
|
(64)
|
(63)
|
(56)
|
(57)
|
(60)
|
(63)
|
(66)
|
(71)
|
(67)
|
(59)
|
(40)
|
(33)
|
(23)
|
(23)
|
76
|
71
|
62
|
62
|
(42)
|
(30)
|
(30)
|
(29)
|
(36)
|
|
Income from Continuing Operations |
141
|
142
|
138
|
132
|
139
|
143
|
147
|
154
|
153
|
147
|
156
|
163
|
182
|
177
|
181
|
183
|
168
|
199
|
200
|
194
|
217
|
194
|
211
|
226
|
239
|
285
|
271
|
241
|
207
|
186
|
153
|
151
|
(198)
|
(247)
|
(211)
|
(196)
|
156
|
195
|
185
|
184
|
205
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(4)
|
(6)
|
(6)
|
(7)
|
(7)
|
(5)
|
(3)
|
(3)
|
(5)
|
(6)
|
|
Net Income (Common) |
141
N/A
|
142
+1%
|
138
-3%
|
131
-5%
|
138
+6%
|
142
+2%
|
146
+3%
|
153
+5%
|
152
-1%
|
146
-4%
|
155
+6%
|
163
+5%
|
194
+19%
|
204
+5%
|
207
+2%
|
210
+1%
|
182
-13%
|
198
+9%
|
199
+0%
|
192
-3%
|
214
+12%
|
192
-10%
|
208
+8%
|
221
+6%
|
232
+5%
|
277
+19%
|
264
-5%
|
234
-11%
|
201
-14%
|
180
-11%
|
148
-18%
|
147
0%
|
(203)
N/A
|
(254)
-25%
|
(218)
+14%
|
(203)
+7%
|
151
N/A
|
193
+28%
|
182
-5%
|
179
-2%
|
199
+11%
|
|
EPS (Diluted) |
3.02
N/A
|
3.04
+1%
|
2.9
-5%
|
2.79
-4%
|
2.92
+5%
|
2.96
+1%
|
3.05
+3%
|
3.2
+5%
|
3.18
-1%
|
3.05
-4%
|
3.23
+6%
|
3.39
+5%
|
4.03
+19%
|
4.2
+4%
|
4.24
+1%
|
4.22
0%
|
3.68
-13%
|
3.7
+1%
|
3.67
-1%
|
3.5
-5%
|
3.94
+13%
|
3.46
-12%
|
3.76
+9%
|
3.9
+4%
|
4.14
+6%
|
4.8
+16%
|
4.5
-6%
|
3.92
-13%
|
3.39
-14%
|
2.96
-13%
|
2.2
-26%
|
2.19
0%
|
-3.1
N/A
|
-3.7
-19%
|
-3.04
+18%
|
-2.81
+8%
|
2.13
N/A
|
2.68
+26%
|
2.53
-6%
|
2.49
-2%
|
2.76
+11%
|