SWX Q2 2022 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q2 2022 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.1B+39.5% YoY

Gross Profit

$176M15.4% margin

Operating Income

$46M4.0% margin

Net Income

-$7M-0.6% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

-$128M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.9B

Total Liabilities

$9.3B

Stockholders' Equity

$3.5B

Cash & Equivalents

$216M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$821M	+39.5%
Gross Profit	$176M	$161M	+9.2%
Operating Income	$46M	$59M	-23.0%
Net Income	-$7M	$25M	-126.2%

Revenue Segments

Gas Infrastructure Services

$419M59%

Electric Power Infrastructure Services

$180M25%

Other Infrastructure Services

$107M15%