SWXSouthwest Gas Holdings, Inc.

$6B

FY 2013 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$2.0B+1.2% YoY

Gross Profit

$557M28.5% margin

Operating Income

$274M14.1% margin

Net Income

$145M7.4% margin

EPS (Diluted)

$3.11

Cash Flow

Operating Cash Flow

$346M

Free Cash Flow

-$18M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$3.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.9B	+1.2%
Gross Profit	$557M	$537M	+3.7%
Operating Income	$274M	$272M	+1.0%
Net Income	$145M	$133M	+9.0%

SWX FY 2013 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena