Southwest Gas Holdings, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $18.3M | $87.7M | $72.9M | $3.2M | $28.9M | $45.9M | $-280.6M | $-12.3M |
| Depreciation & Amortization | $96.1M | $119.1M | $-34.3M | $105.5M | $111.7M | $112.5M | $122.9M | $116.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.8M | $961.0K | $-2.3M | $2.9M | $2.3M | $3.4M | $1.6M | $819.0K |
| Net Cash from Operating Activities | $306.6M | $543.7M | $310.8M | $186.2M | $197.9M | $-185.7M | $104.1M | $39.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $223.3M | $221.2M | $101.3M | $225.9M | $219.6M | $219.1M | $246.9M | $244.6M |
| Business Acquisitions | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $-226.1M | $-199.8M | $-206.1M | $-250.4M | $-228.2M | $835.7M | $-234.8M | $-238.3M |
| Financing Activities | ||||||||
| Dividends Paid | $44.4M | $44.4M | $44.3M | $44.3M | $44.3M | $41.6M | $41.6M | $41.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $61.3M | $7.7M | $-103.3M | $-52.1M | $169.4M | $-714.8M | $102.5M | $158.6M |
| Net Change in Cash | $141.7M | $351.4M | $1.6M | $-116.4M | $139.3M | $-64.8M | $-28.4M | $-40.7M |
| Free Cash Flow | $83.3M | $322.5M | $209.5M | $-39.6M | $-21.7M | $-404.9M | $-142.8M | $-204.8M |