SWX Q3 2022 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q3 2022 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.1B+26.7% YoY

Gross Profit

$190M16.9% margin

Operating Income

$50M4.4% margin

Net Income

-$12M-1.1% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

-$205M

Stock-Based Comp.

$819,000

Balance Sheet

Total Assets

$13.1B

Total Liabilities

$9.6B

Stockholders' Equity

$3.4B

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$889M	+26.7%
Gross Profit	$190M	$135M	+41.1%
Operating Income	$50M	$23M	+114.3%
Net Income	-$12M	-$12M	-6.3%

Revenue Segments

Gas Infrastructure Services

$468M62%

Electric Power Infrastructure Services

$189M25%

Other Infrastructure Services

$102M13%