SWX Q2 2020 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q2 2020 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$757M+6.2% YoY

Gross Profit

$160M21.1% margin

Operating Income

$68M8.9% margin

Net Income

$38M5.0% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-9.5%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

-$109M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$5.7B

Stockholders' Equity

$2.6B

Cash & Equivalents

$200M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$757M	$713M	+6.2%
Gross Profit	$160M	$140M	+14.1%
Operating Income	$68M	$55M	+23.2%
Net Income	$38M	$22M	+72.1%

Revenue Segments

Replacement Gas Construction

$330M83%

Other Construction

$69M17%