Southwest Gas Holdings, Inc.
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.43B | $4.96B | $3.68B | $3.30B | $3.12B | $2.88B | $2.55B | $2.46B |
| Cost of Revenue | $2.62B | $2.53B | $1.96B | $1.73B | $1.57B | $1.39B | $1.15B | $1.02B |
| Gross Profit | $2.82B | $2.43B | $1.72B | $1.57B | $1.55B | $1.49B | $1.40B | $1.44B |
| Gross Margin | 51.8% | 49.0% | 46.9% | 47.6% | 49.6% | 51.8% | 54.9% | 58.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $293.0M | $-24.4M | $369.5M | $423.0M | $371.8M | $357.4M | $343.1M | $315.5M |
| Operating Margin | 5.4% | -0.5% | 10.0% | 12.8% | 11.9% | 12.4% | 13.5% | 12.8% |
| Interest Expense | $292.3M | $242.8M | $119.2M | $111.5M | $109.2M | $96.7M | $78.1M | $73.7M |
| Pretax Income | $169.4M | $-273.3M | $246.9M | $304.7M | $272.7M | $243.3M | $259.0M | $231.5M |
| Income Tax Expense | $29.4M | $-75.7M | $39.6M | $65.8M | $56.0M | $61.7M | $65.1M | $78.5M |
| Net Income | $150.9M | $-203.3M | $200.8M | $232.3M | $213.9M | $182.3M | $193.8M | $152.0M |
| Net Margin | 2.8% | -4.1% | 5.5% | 7.0% | 6.9% | 6.3% | 7.6% | 6.2% |
| EPS (Basic) | $2.13 | $-3.10 | $3.39 | $4.15 | $3.94 | $3.69 | $4.04 | $3.20 |
| EPS (Diluted) | $2.13 | $-3.10 | $3.39 | $4.14 | $3.94 | $3.68 | $4.04 | $3.18 |
| Shares Outstanding (Basic) | 70.8M | 65.6M | 59.1M | 56.0M | 54.2M | 49.4M | 48.0M | 47.5M |
| Shares Outstanding (Diluted) | 71.0M | 65.6M | 59.3M | 56.1M | 54.3M | 49.5M | 48.0M | 47.8M |
| Dividends Per Share | $2.48 | $2.48 | $2.38 | $2,280.00 | $2,180.00 | $2,080.00 | $1,980.00 | $1.80 |