SWX Q3 2021 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q3 2021 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$889M+12.3% YoY

Gross Profit

$135M15.2% margin

Operating Income

$23M2.6% margin

Net Income

-$12M-1.3% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

-$119M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$7.3B

Stockholders' Equity

$2.9B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$889M	$791M	+12.3%
Gross Profit	$135M	$150M	-10.3%
Operating Income	$23M	$54M	-57.1%
Net Income	-$12M	$18M	-163.4%

Revenue Segments

Gas Infrastructure Services

$393M62%

Electric Power Infrastructure Services

$155M25%

Other Infrastructure Services

$84M13%