SWX Q4 2022 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q4 2022 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.4B+31.0% YoY

Gross Profit

$312M22.0% margin

Operating Income

-$288M-20.3% margin

Net Income

-$281M-19.7% margin

EPS (Diluted)

$-10.57

QoQ Revenue Growth

+26.2%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

-$143M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$13.2B

Total Liabilities

$10.0B

Stockholders' Equity

$3.1B

Cash & Equivalents

$123M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.1B	+31.0%
Gross Profit	$312M	$237M	+31.8%
Operating Income	-$288M	$114M	-354.1%
Net Income	-$281M	$70M	-501.2%

Revenue Segments

Gas Infrastructure Services

$385M50%

Electric Power Infrastructure Services

$227M29%

Other Infrastructure Services

$160M21%