Southwest Gas Holdings, Inc. (SWX)
NYSE: SWX · Real-Time Price · USD
91.33
+0.84 (0.93%)
At close: Nov 6, 2026, 4:00 PM EST
91.47
+0.14 (0.15%)
After-hours: Nov 6, 2026, 7:43 PM EST
Southwest Gas Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 1,722 | 1,940 | 2,475 | 2,535 | 4,960 | 3,680 | |
Revenue Growth | -14.43% | -21.61% | -2.35% | -48.90% | 34.77% | 11.57% |
Operations & Maintenance | 544.75 | 544.06 | 526.68 | 533.01 | 636.77 | 473.15 |
Depreciation & Amortization | 347.45 | 330.72 | 303.1 | 295.46 | 470.46 | 371.04 |
Other Operating Expenses | 321.14 | 574.23 | 1,222 | 1,322 | 3,423 | 2,481 |
Total Operating Expenses | 1,213 | 1,449 | 2,052 | 2,150 | 4,530 | 3,325 |
Operating Income | 508.85 | 491.36 | 423 | 384.59 | 430.28 | 355.53 |
Interest Expense | -177.41 | -203.08 | -206.53 | -194.81 | -242.75 | -119.2 |
Interest Income | 18.28 | 20.94 | 33.58 | 50.76 | 16.18 | 5.11 |
Net Interest Expense | -159.13 | -182.14 | -172.95 | -144.05 | -226.57 | -114.09 |
Income (Loss) on Equity Investments | 1.15 | - | - | 0.39 | 2.63 | 0.23 |
Currency Exchange Gain (Loss) | - | - | - | - | 0.98 | -0.02 |
Allowance for Equity Funds for Construction | 9.7 | 5.81 | 6.6 | 1.95 | 0.47 | - |
Other Non-Operating Income (Expenses) | 13.41 | 15.84 | -2.51 | -2.25 | -25.69 | 5.21 |
EBT Excluding Unusual Items | 373.98 | 330.87 | 254.14 | 240.63 | 182.09 | 246.85 |
Impairment of Goodwill | - | - | - | -71.23 | -455.43 | - |
Pretax Income | 373.98 | 330.87 | 254.14 | 169.4 | -273.34 | 246.85 |
Income Tax Expense | 75.75 | 96.04 | 33.16 | 29.41 | -75.65 | 39.65 |
Earnings From Continuing Ops. | 298.23 | 234.84 | 220.98 | 139.99 | -197.68 | 207.2 |
Earnings From Discontinued Ops. | -1.47 | 200.34 | -16.14 | 15.52 | - | - |
Net Income to Company | 296.76 | 435.18 | 204.84 | 155.52 | -197.68 | 207.2 |
Minority Interest in Earnings | - | 4.65 | -6.02 | -4.63 | -5.61 | -6.42 |
Net Income | 296.76 | 439.83 | 198.82 | 150.89 | -203.29 | 200.78 |
Net Income to Common | 296.76 | 439.83 | 198.82 | 150.89 | -203.29 | 200.78 |
Net Income Growth | -30.80% | 121.22% | 31.76% | - | - | -13.58% |
Shares Outstanding (Basic) | 72 | 72 | 72 | 71 | 66 | 59 |
Shares Outstanding (Diluted) | 73 | 72 | 72 | 71 | 66 | 59 |
Shares Change | 0.58% | 0.42% | 1.47% | 8.29% | 10.63% | 5.68% |
EPS (Basic) | 4.10 | 6.09 | 2.77 | 2.13 | -3.10 | 3.39 |
EPS (Diluted) | 4.09 | 6.08 | 2.76 | 2.13 | -3.10 | 3.39 |
EPS Growth | -31.03% | 120.29% | 29.58% | - | - | -18.12% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -573.27 | -251.79 | 509.19 | -256.66 | -451.96 | -604.24 |
Free Cash Flow Per Share | -7.89 | -3.48 | 7.07 | -3.62 | -6.89 | -10.20 |
Dividend Per Share | 2.530 | 2.480 | 2.480 | 2.480 | 2.455 | 2.355 |
Dividend Growth | 2.02% | 0% | 0% | 1.02% | 4.25% | 4.44% |
Profit Margin | 17.23% | 22.67% | 8.03% | 5.95% | -4.10% | 5.46% |
Free Cash Flow Margin | -33.29% | -12.98% | 20.57% | -10.13% | -9.11% | -16.42% |
EBITDA | 856.3 | 822.09 | 726.09 | 680.05 | 900.73 | 726.57 |
EBITDA Margin | 49.72% | 42.37% | 29.33% | 26.83% | 18.16% | 19.74% |
D&A For EBITDA | 347.45 | 330.72 | 303.1 | 295.46 | 470.46 | 371.04 |
EBIT | 508.85 | 491.36 | 423 | 384.59 | 430.28 | 355.53 |
EBIT Margin | 29.55% | 25.32% | 17.09% | 15.17% | 8.67% | 9.66% |
Effective Tax Rate | 20.26% | 29.03% | 13.05% | 17.36% | - | 16.06% |
Revenue as Reported | 1,940 | 1,940 | 2,475 | 2,535 | 4,960 | 3,680 |