SWX Q1 2021 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q1 2021 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$886M+5.9% YoY

Gross Profit

$288M32.5% margin

Operating Income

$173M19.6% margin

Net Income

$117M13.2% margin

EPS (Diluted)

$2.03

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

-$52M

Free Cash Flow

-$205M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$5.9B

Stockholders' Equity

$2.8B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$886M	$836M	+5.9%
Gross Profit	$288M	$252M	+13.9%
Operating Income	$173M	$148M	+16.9%
Net Income	$117M	$73M	+61.7%

Revenue Segments

Gas Infrastructure Services

$222M61%

Electric Power Infrastructure Services

$94M26%

Other Infrastructure Services

$48M13%