Southwest Gas Holdings, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $2.4b $2.5b $1.3b $1.4b $1.3b $1.5b $5.0b $5.4b $2.4b ($203.1m)
Revenue from Contract with Customer, Including Assessed Tax $1.5b $1.8b $1.9b
Cost of Revenue $2.1b $2.1b $948.5m $1.0b $916.1m $1.1b $2.5b $2.6b $1.9b
Gross Profit (Calculated) (derived) $295.7m $323.7m ($81.7m) ($187.9m) ($390.3m) ($457.7m) $2.4b $2.8b $483.8m
Operating expenses:
Operating Income (Loss) $295.7m $323.7m $357.4m $371.8m $423.0m $369.5m ($24.4m) $418.3m $483.8m $473.9m
Additional Financial Items
Taxes, Miscellaneous $52.4m $57.9m $59.9m $62.3m $63.5m $80.3m $93.4m $88.8m $89.0m $94.1m
Amortization of Intangible Assets $7.6m $10.7m $10.8m $17.3m $29.8m $26.7m $26.6m
Depreciation, Depletion and Amortization, Nonproduction $289.1m $251.0m $249.2m $303.2m $332.0m $371.0m $470.5m $440.9m $438.4m $330.7m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $235.1m $261.5m $282.5m $221.5m ($302.6m) $176.8m $224.2m
Income (Loss) from Continuing Operations, Per Basic Share $3
Income (Loss) from Continuing Operations, Per Diluted Share $3
Interest Income, Other $1.8m $2.8m $6.1m $6.4m $4.0m $5.1m $16.2m $50.8m $33.6m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $231.5m $259.0m $243.3m $272.7m $304.7m $246.8m ($273.3m) $197.3m $241.3m $330.9m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $234.8m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $200.3m
Net Income (Loss) Attributable to Parent $152.0m $193.8m $182.3m $213.9m $232.3m $200.8m ($203.3m) $150.9m $198.8m $439.8m
Net Income (Loss) Attributable to Noncontrolling Interest $1.0m $101k ($625k) $2.7m $6.7m $6.4m $5.6m $4.6m $6.0m ($4.6m)
Earnings Per Share, Basic $3.20 $4.04 $3.69 $3.94 $4.15 $3.39 ($3.10) $2.13 $2.77 $6.09
Earnings Per Share, Diluted $3.18 $4.04 $3.68 $3.94 $4.14 $3.39 ($3.10) $2.13 $2.76 $6.08
Common Stock, Dividends, Per Share, Declared $1.80 $1.98 $2.08 $2,180.00 $2,280.00 $2,380.00 $2,480.00 $2.48 $2.48 $2.48
Weighted Average Number of Shares Outstanding, Basic 47.5m 48.0m 49.4m 54.2m 56.0m 59.1m 65.6m 70.8m 71.8m 72.2m
Weighted Average Number of Shares Outstanding, Diluted 47.8m 48.0m 49.5m 54.3m 56.1m 59.3m 65.6m 71.0m 72.0m 72.3m
Other Nonoperating Income (Expense) $9.5m $13.4m ($17.4m) $10.1m ($6.8m) ($3.5m) ($6.2m) $71.3m $54.6m $60.1m
Interest Expense (non-operating) $297.0m
Current Income Tax Expense (Benefit) $10.6m $6.9m ($14.1m) $4.1m $19.6m ($7.9m) $15.3m $14.9m $10.0m $1.8m
Interest Expense $73.7m $78.1m $96.7m $109.2m $111.5m $119.2m $242.8m $292.3m
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $2.3m $2.3m $3.6m $4.2m $4.7m $0 $0 $1.9m $6.6m $5.8m
Utilities Operating Expense, Gas and Petroleum Purchased $397.1m $355.0m $419.4m $385.2m $342.8m $430.9m $799.1m $1.3b $1.2b $497.6m
Income Tax Expense (Benefit) $78.5m $65.1m $61.7m $56.0m $65.8m $39.6m ($75.7m) $41.8m $36.5m $96.0m
Interest Income (Expense), Nonoperating, Net ($203.1m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.