SWX Q3 2024 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q3 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$359M-69.3% YoY

Gross Profit

$117M32.5% margin

Operating Income

$20M5.6% margin

Net Income

$289,0000.1% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

-69.6%

Cash Flow

Operating Cash Flow

$304M

Free Cash Flow

$39M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$8.2B

Stockholders' Equity

$3.5B

Cash & Equivalents

$457M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$359M	$1.2B	-69.3%
Gross Profit	$117M	$187M	-37.6%
Operating Income	$20M	$60M	-66.6%
Net Income	$289,000	$3M	-91.1%

Revenue Segments

Gas Infrastructure Services

$416M58%

Electric Power Infrastructure Services

$301M42%

Other Infrastructure Services

$3M0%