SWX FY 2023 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

FY 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$5.4B+9.6% YoY

Gross Profit

$1.0B18.8% margin

Operating Income

$418M7.7% margin

Net Income

$151M2.8% margin

EPS (Diluted)

$2.13

Cash Flow

Operating Cash Flow

$509M

Free Cash Flow

-$363M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$8.5B

Stockholders' Equity

$3.3B

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$5.0B	+9.6%
Gross Profit	$1.0B	$995M	+2.4%
Operating Income	$418M	-$24M	+1814.6%
Net Income	$151M	-$203M	+174.2%