Southwest Gas Holdings, Inc.SWX

Market cap

$5.6B

P/E ratio

10.4x

	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Regulated operations revenues	1,321	1,302	1,358	1,369	1,351	1,522	2,200	2,535
Utility infrastructure services revenues	-	-	-	-	-	2,159	2,760	2,899
Total operating revenues	2,460	2,549	2,880	3,120	3,299	3,680	4,960	5,434
Net cost of gas sold	397	355	419	385	343	431	799	1,253
Operations and maintenance	402	412	406	424	408	473	637	544
Depreciation and amortization	289	251	249	303	332	371	470	441
Taxes, Miscellaneous	52	58	60	62	63	80	93	89
Cost of Goods and Services Sold	-	-	1,388	1,573	1,729	1,955	2,529	2,617
Goodwill impairment and cost to sell	-	-	-	-	-	-	455	-
Goodwill impairment and loss on sale	-	-	-	-	-	-	-	71
Total operating expenses	2,165	2,225	2,523	2,748	2,876	3,311	4,984	5,016
Operating income (loss)	296	324	357	372	423	370	-24	418
Net interest deductions	74	78	97	109	111	119	243	292
Other income (deductions)	9	13	-17	10	-7	-3	-6	71
Total other income and (expenses)	-64	-65	-114	-99	-118	-123	-249	-221
Income (loss) before income taxes	232	259	243	273	305	247	-273	197
Income tax expense (benefit)	78	65	62	56	66	40	-76	42
Net income (loss)	153	194	182	217	239	207	-198	156
Net income attributable to noncontrolling interests	1	0	-1	3	7	6	6	5
Net income (loss) attributable to Southwest Gas Holdings, Inc.	153	194	182	217	239	207	-198	156
Basic (in USD per share)	3.2	4.04	3.69	3.94	4.15	3.39	-3.1	2.13
Diluted (in USD per share)	3.18	4.04	3.68	3.94	4.14	3.39	-3.1	2.13