Southwest Gas Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $576.6M | $314.8M | $106.5M | $123.1M | $222.7M | $83.4M | $49.5M | $85.4M |
| Accounts Receivable | $170.6M | $203.0M | $886.5M | $866.2M | $707.1M | $522.2M | $474.1M | $413.9M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.19B | $1.46B | $1.88B | $3.71B | $1.61B | $871.0M | $859.9M | $839.8M |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | $11.2M | $11.2M | $789.7M | $787.3M | $1.78B | $345.2M | $343.0M | $359.0M |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $10.43B | $12.07B | $9.28B | $13.20B | $12.77B | $8.74B | $8.17B | $7.36B |
| Liabilities | ||||||||
| Accounts Payable | $225.7M | $190.9M | $346.9M | $662.1M | $353.4M | $231.3M | $238.9M | $249.0M |
| Total Current Liabilities | $929.9M | $1.83B | $1.68B | $3.42B | $3.11B | $912.0M | $1.08B | $938.6M |
| Long-Term Debt | $3.43B | $3.50B | $4.61B | $4.40B | $4.12B | $2.73B | $2.30B | $2.11B |
| Total Liabilities | $6.47B | $8.57B | $5.97B | $10.14B | $9.81B | $6.06B | $5.66B | $5.11B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.02B | $758.6M | $738.8M | $747.1M | $1.11B | $1.07B | $1.04B | $944.3M |
| Total Stockholders' Equity | $3.96B | $3.50B | $3.31B | $3.06B | $2.95B | $2.67B | $2.51B | $2.25B |