SWX Q4 2023 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q4 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.4B-3.8% YoY

Gross Profit

$271M19.8% margin

Operating Income

$138M10.1% margin

Net Income

$73M5.3% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

+16.9%

Cash Flow

Operating Cash Flow

$311M

Free Cash Flow

$103M

Stock-Based Comp.

-$478,000

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$8.5B

Stockholders' Equity

$3.3B

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	-3.8%
Gross Profit	$271M	$312M	-13.2%
Operating Income	$138M	-$288M	+147.9%
Net Income	$73M	-$281M	+126.0%

Revenue Segments

Electric Power Infrastructure Services

$638M63%

Gas Infrastructure Services

$375M37%