SWXSouthwest Gas Holdings, Inc.

$6B

Q2 2017 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$560M+2.3% YoY

Gross Profit

$116M20.7% margin

Operating Income

$43M7.7% margin

Net Income

$18M3.2% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-14.4%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

-$110M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$3.9B

Stockholders' Equity

$1.7B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$560M	$548M	+2.3%
Gross Profit	$116M	$114M	+2.0%
Operating Income	$43M	$28M	+54.4%
Net Income	$18M	$9M	+99.8%

Revenue Segments

Construction Services

$277M52%

Natural Gas Operations

$260M48%

SWX Q2 2017 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena