SWX Q4 2021 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q4 2021 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.1B+18.6% YoY

Gross Profit

$237M21.9% margin

Operating Income

$114M10.5% margin

Net Income

$70M6.4% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

+22.0%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

-$149M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$9.6B

Stockholders' Equity

$3.0B

Cash & Equivalents

$223M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$914M	+18.6%
Gross Profit	$237M	$256M	-7.3%
Operating Income	$114M	$153M	-25.7%
Net Income	$70M	$104M	-32.5%

Revenue Segments

Gas Infrastructure Services

$341M54%

Electric Power Infrastructure Services

$178M28%

Other Infrastructure Services

$115M18%