SWX Q3 2020 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q3 2020 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$791M+9.1% YoY

Gross Profit

$150M19.0% margin

Operating Income

$54M6.9% margin

Net Income

$18M2.3% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

-$96M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$5.7B

Stockholders' Equity

$2.6B

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$791M	$725M	+9.1%
Gross Profit	$150M	$129M	+16.5%
Operating Income	$54M	$38M	+41.8%
Net Income	$18M	$5M	+241.4%

Revenue Segments

Replacement Gas Construction

$388M83%

Other Construction

$77M17%