Southwest Operating Income from 2010 to 2024

SWX Stock  USD 77.51  0.04  0.05%   
Southwest Gas Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Southwest Gas Holdings generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
83.2 M
Current Value
61.5 M
Quarterly Volatility
79.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 463 M, Interest Expense of 306.9 M or Total Revenue of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0363 or PTB Ratio of 1.16. Southwest financial statements analysis is a perfect complement when working with Southwest Gas Valuation or Volatility modules.
  
Check out the analysis of Southwest Gas Correlation against competitors.

Latest Southwest Gas' Operating Income Growth Pattern

Below is the plot of the Operating Income of Southwest Gas Holdings over the last few years. Operating Income is the amount of profit realized from Southwest Gas Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southwest Gas Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Southwest Gas' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Gas' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Very volatile
   Operating Income   
       Timeline  

Southwest Operating Income Regression Statistics

Arithmetic Mean751,778,382
Geometric Mean511,863,780
Coefficient Of Variation109.94
Mean Deviation606,756,330
Median357,433,000
Standard Deviation826,504,986
Sample Variance683110.5T
Range2.6B
R-Value0.01
Mean Square Error735618.7T
R-Squared0.000053
Significance0.98
Slope1,341,886
Total Sum of Squares9563546.9T

Southwest Operating Income History

2024532.1 M
2023418.3 M
20221.1 B
20211.1 B
2020423 M
20192.8 B
2018357.4 M

Other Fundumenentals of Southwest Gas Holdings

Southwest Gas Operating Income component correlations

0.950.980.480.720.670.990.720.790.76-0.870.980.110.860.8-0.62-0.690.820.90.890.940.910.880.95-0.050.88
0.950.890.580.560.520.920.530.590.82-0.840.940.150.840.66-0.59-0.750.650.820.840.830.810.770.840.050.82
0.980.890.350.730.730.990.770.850.69-0.840.980.040.830.85-0.66-0.590.860.920.880.950.960.90.98-0.110.9
0.480.580.350.27-0.110.42-0.060.280.71-0.550.340.70.650.460.13-0.680.410.380.390.440.110.490.35-0.360.11
0.720.560.730.270.570.760.880.740.62-0.760.66-0.080.530.59-0.46-0.440.760.790.770.810.640.630.780.090.67
0.670.520.73-0.110.570.710.840.620.18-0.520.73-0.230.580.54-0.57-0.380.560.70.70.690.760.610.730.10.76
0.990.920.990.420.760.710.770.840.73-0.860.980.080.850.83-0.63-0.650.860.910.890.960.920.890.97-0.090.88
0.720.530.77-0.060.880.840.770.720.36-0.640.73-0.310.480.54-0.61-0.340.690.750.740.760.770.590.790.210.78
0.790.590.850.280.740.620.840.720.48-0.620.730.210.710.94-0.38-0.390.980.770.670.890.780.890.88-0.470.63
0.760.820.690.710.620.180.730.360.48-0.880.70.190.70.58-0.41-0.60.580.790.810.750.580.660.720.020.66
-0.87-0.84-0.84-0.55-0.76-0.52-0.86-0.64-0.62-0.88-0.86-0.02-0.74-0.680.620.65-0.7-0.91-0.91-0.88-0.76-0.77-0.85-0.05-0.82
0.980.940.980.340.660.730.980.730.730.7-0.86-0.020.810.75-0.71-0.630.750.90.890.910.950.840.940.040.94
0.110.150.040.7-0.08-0.230.08-0.310.210.19-0.02-0.020.450.380.49-0.390.270.02-0.010.14-0.170.330.06-0.68-0.27
0.860.840.830.650.530.580.850.480.710.7-0.740.810.450.82-0.26-0.690.740.820.810.850.690.890.84-0.30.67
0.80.660.850.460.590.540.830.540.940.58-0.680.750.380.82-0.33-0.460.950.80.70.90.760.970.88-0.60.61
-0.62-0.59-0.660.13-0.46-0.57-0.63-0.61-0.38-0.410.62-0.710.49-0.26-0.330.43-0.37-0.62-0.61-0.57-0.78-0.44-0.6-0.38-0.8
-0.69-0.75-0.59-0.68-0.44-0.38-0.65-0.34-0.39-0.60.65-0.63-0.39-0.69-0.460.43-0.46-0.56-0.6-0.6-0.45-0.56-0.540.0-0.48
0.820.650.860.410.760.560.860.690.980.58-0.70.750.270.740.95-0.37-0.460.790.690.910.770.910.89-0.480.62
0.90.820.920.380.790.70.910.750.770.79-0.910.90.020.820.8-0.62-0.560.790.980.960.880.880.96-0.040.91
0.890.840.880.390.770.70.890.740.670.81-0.910.89-0.010.810.7-0.61-0.60.690.980.920.830.80.920.10.91
0.940.830.950.440.810.690.960.760.890.75-0.880.910.140.850.9-0.57-0.60.910.960.920.880.950.98-0.20.84
0.910.810.960.110.640.760.920.770.780.58-0.760.95-0.170.690.76-0.78-0.450.770.880.830.880.820.93-0.010.95
0.880.770.90.490.630.610.890.590.890.66-0.770.840.330.890.97-0.44-0.560.910.880.80.950.820.92-0.440.71
0.950.840.980.350.780.730.970.790.880.72-0.850.940.060.840.88-0.6-0.540.890.960.920.980.930.92-0.150.89
-0.050.05-0.11-0.360.090.1-0.090.21-0.470.02-0.050.04-0.68-0.3-0.6-0.380.0-0.48-0.040.1-0.2-0.01-0.44-0.150.24
0.880.820.90.110.670.760.880.780.630.66-0.820.94-0.270.670.61-0.8-0.480.620.910.910.840.950.710.890.24
Click cells to compare fundamentals

About Southwest Gas Financial Statements

Southwest Gas investors use historical fundamental indicators, such as Southwest Gas' Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income418.3 M532.1 M
Non Operating Income Net Other-3.1 M-3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Southwest Stock Analysis

When running Southwest Gas' price analysis, check to measure Southwest Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.