Southwest Gas Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	576.65	314.77	106.54	123.08	222.7
Accounts Receivable	272.2	299.61	979.55	954.35	792.03
Other Receivables	9.61	-	1.94	8.74	16.82
Inventory	93.82	93.76	83.4	77.3	62.9
Prepaid Expenses	177.76	81.08	83.03	100.31	131.84
Other Current Assets	62.05	73.74	605.28	706.37	388.49
Total Current Assets	1,192	1,464	1,881	3,708	1,615
Property, Plant & Equipment	8,704	8,119	8,638	8,169	8,761
Regulatory Assets	314.9	362.9	367.51	360.75	389.07
Goodwill	11.16	11.16	789.73	787.25	1,781
Long-Term Deferred Tax Assets	-	-	0.46	0.08	0.12
Long-Term Deferred Charges	41.96	32.84	46.5	35.19	69.47
Other Long-Term Assets	165.55	155.2	146.55	136.25	149.95
Total Assets	10,429	12,073	11,870	13,197	12,765
Accounts Payable	225.73	190.92	346.91	662.09	353.37
Accrued Expenses	35.32	35.67	94.66	105.65	84.44
Short-Term Debt	-	680	628.5	1,543	1,909
Current Portion of Long-Term Debt	75	-	42.55	44.56	297.32
Current Unearned Revenue	-	-	43.69	35.77	11.86
Current Portion of Leases	-	-	30.73	25.89	21.04
Current Income Taxes Payable	54.38	59.35	0.82	2.69	6.73
Other Current Liabilities	539.46	866.03	496.99	1,004	428.29
Total Current Liabilities	929.9	1,832	1,685	3,423	3,112
Long-Term Debt	3,433	3,504	4,610	4,403	4,116
Long-Term Leases	-	-	129.55	111.36	93.52
Long-Term Unearned Revenue	4.96	5.5	6.04	6.57	7.11
Long-Term Deferred Tax Liabilities	977.31	857.98	753	682.07	768.87
Other Long-Term Liabilities	1,123	2,184	1,272	1,352	1,517
Total Liabilities	6,468	8,384	8,455	9,979	9,615
Common Stock	73.85	73.41	73.19	68.75	62.05
Additional Paid-In Capital	2,899	2,721	2,542	2,287	1,824
Retained Earnings	1,023	758.65	738.84	747.07	1,114
Comprehensive Income & Other	-34.55	-49.22	-43.79	-44.24	-46.76
Total Common Equity	3,961	3,504	3,310	3,059	2,954
Minority Interest	-	184.9	104.67	159.35	196.72
Shareholders' Equity	3,961	3,689	3,415	3,218	3,151
Total Liabilities & Equity	10,429	12,073	11,870	13,197	12,765
Total Debt	3,508	4,184	5,441	6,128	6,437
Net Cash (Debt)	-2,931	-3,870	-5,335	-6,005	-6,214
Net Cash Per Share	-40.52	-53.72	-75.15	-91.60	-104.86
Filing Date Shares Outstanding	72.27	71.82	71.6	67.15	60.45
Total Common Shares Outstanding	72.22	71.78	71.56	67.12	60.42
Working Capital	262.19	-367.62	196.27	284.7	-1,497
Book Value Per Share	54.84	48.82	46.25	45.57	48.89
Tangible Book Value	3,950	3,493	2,520	2,272	1,172
Tangible Book Value Per Share	54.69	48.66	35.22	33.84	19.40
Machinery	11,162	10,516	9,747	9,064	10,409
Construction In Progress	236.87	178.65	200.55	244.75	202.07

Updated Feb 25, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q