Southwest Gas Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $5.43B | $4.96B | $3.68B | $3.30B | $3.12B |
| Cost of Revenue | — | — | $2.42B | $2.62B | $2.53B | $1.96B | $1.73B | $1.57B |
| Gross Profit | — | — | — | $2.82B | $2.43B | $1.72B | $1.57B | $1.55B |
| Gross Margin | — | — | — | 51.8% | 49.0% | 46.9% | 47.6% | 49.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $473.9M | $406.5M | $293.0M | $-24.4M | $369.5M | $423.0M | $371.8M |
| Operating Margin | — | — | — | 5.4% | -0.5% | 10.0% | 12.8% | 11.9% |
| Interest Expense | — | — | — | $292.3M | $242.8M | $119.2M | $111.5M | $109.2M |
| Pretax Income | — | $330.9M | $254.1M | $169.4M | $-273.3M | $246.9M | $304.7M | $272.7M |
| Income Tax Expense | — | $96.0M | $33.2M | $29.4M | $-75.7M | $39.6M | $65.8M | $56.0M |
| Net Income | — | $439.8M | $198.8M | $150.9M | $-203.3M | $200.8M | $232.3M | $213.9M |
| Net Margin | — | — | — | 2.8% | -4.1% | 5.5% | 7.0% | 6.9% |
| EPS (Basic) | — | $6.09 | $2.77 | $2.13 | $-3.10 | $3.39 | $4.15 | $3.94 |
| EPS (Diluted) | — | $6.08 | $2.76 | $2.13 | $-3.10 | $3.39 | $4.14 | $3.94 |
| Shares Outstanding (Basic) | 72.3M | 72.2M | 71.8M | 70.8M | 65.6M | 59.1M | 56.0M | 54.2M |
| Shares Outstanding (Diluted) | 72.3M | 72.3M | 72.0M | 71.0M | 65.6M | 59.3M | 56.1M | 54.3M |
| Dividends Per Share | — | $2.48 | $2.48 | $2.48 | $2.48 | $2.38 | $2,280.00 | $2,180.00 |