SWX Q2 2024 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q2 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.2B-8.6% YoY

Gross Profit

$201M17.0% margin

Operating Income

$83M7.0% margin

Net Income

$18M1.6% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-25.2%

Cash Flow

Operating Cash Flow

$307M

Free Cash Flow

$83M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$8.3B

Stockholders' Equity

$3.5B

Cash & Equivalents

$600M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.3B	-8.6%
Gross Profit	$201M	$218M	-8.1%
Operating Income	$83M	$85M	-1.8%
Net Income	$18M	$29M	-36.5%

Revenue Segments

Gas Infrastructure Services

$382M57%

Electric Power Infrastructure Services

$285M42%

Other Infrastructure Services

$6M1%