SWX Q4 2024 Earnings — Southwest Gas Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SWXSouthwest Gas Holdings, Inc.

$6B

Q4 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$1.3B-7.1% YoY

Gross Profit

$319M25.1% margin

Operating Income

$181M14.2% margin

Net Income

$92M7.3% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

+253.7%

Cash Flow

Operating Cash Flow

$201M

Free Cash Flow

-$35M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$8.3B

Stockholders' Equity

$3.5B

Cash & Equivalents

$364M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.4B	-7.1%
Gross Profit	$319M	$271M	+17.8%
Operating Income	$181M	$138M	+31.0%
Net Income	$92M	$73M	+26.9%

Revenue Segments

Gas Infrastructure Services

$399M55%

Electric Power Infrastructure Services

$333M45%