SWX Q2 2021 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q2 2021 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$821M+8.5% YoY

Gross Profit

$161M19.7% margin

Operating Income

$59M7.2% margin

Net Income

$25M3.1% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-7.3%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

-$132M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$6.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$821M	$757M	+8.5%
Gross Profit	$161M	$160M	+0.8%
Operating Income	$59M	$68M	-12.3%
Net Income	$25M	$38M	-33.8%

Revenue Segments

Gas Infrastructure Services

$347M66%

Electric Power Infrastructure Services

$98M18%

Other Infrastructure Services

$84M16%