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SWX Q2 2023 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena
SWX
Southwest Gas Holdings, Inc.
$6B
Q2 2023 Earnings
Utilities
Regulated Gas
Income Statement
Revenue
$1.3B
+12.9% YoY
Gross Profit
$218M
16.9% margin
Operating Income
$85M
6.6% margin
Net Income
$29M
2.2% margin
EPS (Diluted)
$0.40
QoQ Revenue Growth
-19.3%
Cash Flow
Operating Cash Flow
$198M
Free Cash Flow
-$22M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$12.0B
Total Liabilities
$8.5B
Stockholders' Equity
$3.3B
Cash & Equivalents
$221M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.3B
$1.1B
+12.9%
Gross Profit
$218M
$176M
+23.7%
Operating Income
$85M
$46M
+85.7%
Net Income
$29M
-$7M
+539.2%
Revenue Segments
Gas Infrastructure Services
$433M
54%
Electric Power Infrastructure Services
$234M
29%
Other Infrastructure Services
$138M
17%
← FY 2023
All Quarters
Q3 2023 →