Southwest Gas Holdings Inc. | Mid-cap | Utilities
$74.40
0.81%
| Southwest Gas Stock Comparison:
Southwest Gas vs Atmos EnergySouthwest Gas vs NiSourceSouthwest Gas vs UGISouthwest Gas vs BrookfieldSouthwest Gas vs One GasSouthwest Gas vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 5.1B
Gross Profit 1.0B 19.78%
Operating Income 483.7M 9.46%
Net Income 204.8M 4.01%
EPS (Diluted) $2.76

Balance Sheet Metrics

Total Assets 12.0B
Total Liabilities 8.3B
Shareholders Equity 3.7B
Debt to Equity 2.26

Cash Flow Metrics

Operating Cash Flow 1.4B
Free Cash Flow 409.9M

Revenue & Profitability Trend

Southwest Gas Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 5.1B 5.4B 5.0B 3.7B 3.3B
Cost of Goods Sold 4.1B 4.4B 4.0B 2.9B 2.5B
Gross Profit 1.0B 1.0B 994.9M 820.9M 818.5M
Operating Expenses 84.0K -151.0K 263.0K 7.0K -8.0K
Operating Income 483.7M 489.7M 430.8M 369.5M 423.0M
Pre-tax Income 241.3M 197.3M -273.3M 246.8M 304.7M
Income Tax 36.5M 41.8M -75.7M 39.6M 65.8M
Net Income 204.8M 155.5M -197.7M 207.2M 239.0M
EPS (Diluted) $2.76 $2.13 -$3.10 $3.39 $4.14

Income Statement Trend

Southwest Gas Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.5B 1.9B 3.7B 1.6B 871.0M
Non-Current Assets 10.6B 10.0B 9.5B 11.2B 7.9B
Total Assets 12.0B 11.9B 13.2B 12.8B 8.7B
Liabilities
Current Liabilities 1.8B 1.7B 3.4B 3.1B 912.0M
Non-Current Liabilities 6.5B 6.8B 6.6B 6.5B 5.0B
Total Liabilities 8.3B 8.5B 10.0B 9.6B 5.9B
Equity
Total Shareholders Equity 3.7B 3.4B 3.2B 3.2B 2.8B

Balance Sheet Composition

Southwest Gas Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 204.8M 155.5M -197.7M 207.2M 239.0M
Operating Cash Flow 1.4B 445.0M -58.0M 125.0M 612.8M
Investing Activities
Capital Expenditures 21.4M - -859.4M -715.6M -825.1M
Investing Cash Flow 24.4M 1.0B -838.9M -3.0B -802.1M
Financing Activities
Dividends Paid -177.8M -174.6M -160.6M -138.2M -125.5M
Financing Cash Flow -176.3M -2.7B -89.7M 3.0B 105.6M
Free Cash Flow 409.9M -363.3M -452.0M -604.2M -199.0M

Cash Flow Trend

Southwest Gas Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 24.07
Forward P/E 20.58
Price to Book 1.51
Price to Sales 1.16
PEG Ratio 20.58

Profitability Ratios

Profit Margin 4.66%
Operating Margin 15.80%
Return on Equity 6.36%
Return on Assets 2.83%

Financial Health

Current Ratio 0.79
Debt to Equity 134.26
Beta 0.46

Per Share Data

EPS (TTM) $3.12
Book Value per Share $49.86
Revenue per Share $67.14

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
swx 5.6B 24.07 1.51 6.36% 4.66% 134.26
Atmos Energy 24.2B 21.28 1.84 9.19% 25.35% 64.75
NiSource 19.1B 21.90 2.14 9.36% 14.67% 136.36
UGI 7.8B 14.98 1.56 10.82% 7.28% 140.03
Brookfield 4.9B 4.15 1.75 22.20% -6.69% 432.64
One Gas 4.6B 17.79 1.39 8.08% 10.75% 100.85

Financial data is updated regularly. All figures are in the company's reporting currency.