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SOUTHWEST GAS HOLDINGS, INC.

CIK: 1692115 SIC: 4923
-
Revenue
$463.92M
Net Income
-
Gross Margin
-
Op. Margin
$-16.75M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 8 annual reports available (2017 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cost of Revenue - $2.42B $2.62B $2.53B $1.96B
Operating Expenses $3.49B $4.63B $5.02B $4.98B $3.31B
Operating Income $513.83M $483.77M $418.33M $-24.40M $369.55M
Interest Expense $474.67M $278.89M $292.29M $242.75M $119.20M
Other Income/Expense $47.25M $54.57M $71.31M $-6.19M $-3.50M
Income Before Tax $294.25M $241.30M $197.35M $-273.34M $246.85M
Income Tax Expense $96.81M $36.46M $41.83M $-75.65M $39.65M
Net Income $463.92M $198.81M $150.89M $-203.29M $200.78M
Basic EPS nan 2.77 2.13 -3.10 3.39
Diluted EPS nan 2.76 2.13 -3.10 3.39
Basic Shares Outstanding 72.2M 71.8M 70.8M 65.6M 59.1M
Diluted Shares Outstanding 72.4M 72.0M 71.0M 65.6M 59.3M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $363.79M $106.54M $123.08M $222.70M
Accounts Receivable $722.62M $886.55M $866.25M $707.13M
Other Current Assets $265.11M $218.83M $433.85M $292.08M
Total Current Assets $1.46B $1.88B $3.71B $1.61B
Goodwill $781.20M $789.73M $787.25M $1.78B
Other Non-current Assets $474.75M $414.01M $395.95M $458.54M
Total Assets $12.02B $11.87B $13.20B $12.77B
Accounts Payable $331.81M $346.91M $662.09M $353.37M
Short-term Debt $680.00M $628.50M $1.54B $1.91B
Deferred Revenue $63.88M $48.46M $51.18M $59.33M
Other Current Liabilities $382.90M $522.95M $369.74M $396.13M
Total Current Liabilities $1.83B $1.68B $3.42B $3.11B
Long-term Debt $4.35B $4.61B $4.40B $4.12B
Other Non-current Liabilities $2.15B $2.16B $2.15B $2.39B
Common Stock $73.41M $73.19M $68.75M $62.05M
Retained Earnings $758.65M $738.84M $747.07M $1.11B
Total Stockholders Equity $3.50B $3.31B $3.06B $2.95B
Total Liabilities & Equity $12.02B $11.87B $13.20B $12.77B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $577.79M $198.81M $150.89M $-203.29M $200.78M
Depreciation & Amortization $426.01M $438.44M $440.91M $470.45M $371.04M
Stock-based Compensation $32.21M $14.90M $8.08M $9.45M $9.29M
Deferred Income Tax - $31.30M $29.07M - -
Change in Receivables $-76.59M $-126.52M $22.58M $193.78M $51.55M
Change in Payables $-100.78M $-10.57M $-286.16M $293.91M $50.43M
Operating Cash Flow $1.38B $1.36B $509.21M $407.46M $111.38M
Capital Expenditure $1.40B $945.92M $872.52M $859.42M $715.63M
Acquisitions - - - $18.81M $2.35B
Investing Cash Flow $-601.72M $-921.57M $150.97M $-838.90M $-3.04B
Debt Repayment - $629.41M $248.33M $499.91M $452.66M
Stock Issued $26.70M $8.88M $251.76M $461.83M $213.64M
Dividends Paid $312.01M $177.77M $174.57M $160.56M $138.22M
Financing Cash Flow $-426.43M $-176.34M $-700.79M $356.48M $3.06B
Net Change in Cash $356.33M $257.25M $-40.34M $-75.82M $139.34M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Operating Expenses $279.90M - $1.14B -
Operating Income $37.01M - $315.22M -
Interest Expense - - $192.08M -
Other Income/Expense $15.37M - $42.63M -
Income Before Tax $3.37M - $201.06M -
Income Tax Expense $-803.00K - $36.06M -
Net Income $270.48M - $371.46M -
Basic EPS 3.75 - 5.15 -
Diluted EPS 3.74 - 5.14 -
Basic Shares Outstanding $72.21M - $72.10M -
Diluted Shares Outstanding $72.41M - $72.27M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $778.63M $314.77M
Accounts Receivable $110.58M $203.01M
Other Current Assets $211.33M $141.02M
Total Current Assets $1.24B $1.46B
Goodwill $11.15M $11.15M
Other Non-current Assets $405.83M $395.75M
Total Assets $10.33B $12.07B
Accounts Payable $118.93M $190.92M
Short-term Debt - $680.00M
Deferred Revenue $67.03M $63.88M
Other Current Liabilities $112.52M $119.36M
Total Current Liabilities $804.70M $1.83B
Long-term Debt $3.51B $3.50B
Other Non-current Liabilities $2.09B $3.05B
Common Stock $73.81M $73.41M
Retained Earnings $999.40M $758.65M
Total Stockholders Equity $3.93B $3.50B
Total Liabilities & Equity $10.33B $12.07B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $270.48M - $371.46M -
Depreciation & Amortization $79.07M - $241.70M -
Stock-based Compensation - - $9.99M -
Change in Receivables - - $-92.44M -
Change in Payables - - $-65.84M -
Operating Cash Flow - - $474.51M -
Capital Expenditure - - $570.35M -
Investing Cash Flow - - $215.19M -
Stock Issued - - $17.68M -
Dividends Paid - - $133.85M -
Financing Cash Flow - - $-274.73M -
Net Change in Cash - - $414.84M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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