Southwest Historical Income Statement
| SWX Stock | USD 77.51 0.04 0.05% |
Historical analysis of Southwest Gas income statement accounts such as Operating Income of 532.1 M, Ebit of 800 M, EBITDA of 741 M or Net Income of 158.4 M can show how well Southwest Gas Holdings performed in making a profits. Evaluating Southwest Gas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southwest Gas's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Southwest Gas Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southwest Gas Holdings is a good buy for the upcoming year.
Southwest |
About Southwest Income Statement Analysis
Southwest Gas Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Southwest Gas shareholders. The income statement also shows Southwest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Southwest Gas Income Statement Chart
Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Southwest Gas Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Southwest Gas Holdings minus its cost of goods sold. It is profit before Southwest Gas operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
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. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Southwest Gas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southwest Gas Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southwest Gas Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Southwest Gas' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 306.9 M in 2024, whereas Gross Profit is likely to drop slightly above 927.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 820.9M | 994.9M | 1.0B | 927.5M | Total Revenue | 3.7B | 5.0B | 5.4B | 5.7B |
Southwest Gas income statement Correlations
Click cells to compare fundamentals
Southwest Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southwest Gas income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 303.2M | 332.0M | 371.0M | 470.5M | 440.9M | 463.0M | |
| Interest Expense | 109.2M | 111.5M | 119.2M | 242.8M | 292.3M | 306.9M | |
| Total Revenue | 3.1B | 3.3B | 3.7B | 5.0B | 5.4B | 5.7B | |
| Gross Profit | 737.4M | 818.5M | 820.9M | 994.9M | 1.0B | 927.5M | |
| Operating Income | 2.8B | 423.0M | 1.1B | 1.1B | 418.3M | 532.1M | |
| Ebit | 2.8B | 403.0M | 355.5M | (30.6M) | 509.9M | 800.0M | |
| Ebitda | 3.1B | 735.0M | 726.6M | 439.9M | 950.9M | 741.0M | |
| Net Income | 213.9M | 232.3M | 200.8M | (1.6B) | 150.9M | 158.4M | |
| Income Tax Expense | 56.0M | 65.8M | 39.6M | 1.3B | 41.8M | 39.7M | |
| Other Operating Expenses | 2.7B | 2.9B | 3.3B | 4.5B | 5.0B | 5.3B | |
| Cost Of Revenue | 2.4B | 2.5B | 2.9B | 4.0B | 4.4B | 4.6B | |
| Total Operating Expenses | 365.5M | 395.5M | 451.4M | 564.1M | 5.0B | 5.3B | |
| Income Before Tax | 272.7M | 304.7M | 246.9M | (273.3M) | 197.3M | 138.9M | |
| Total Other Income Expense Net | (2.5B) | (118.3M) | (122.7M) | (581.0M) | (221.0M) | (209.9M) | |
| Net Income Applicable To Common Shares | 213.9M | 232.3M | 200.8M | (203.3M) | (233.8M) | (222.1M) | |
| Selling General Administrative | 102K | 8K | 7K | 263K | 151K | 143.5K | |
| Net Income From Continuing Ops | 216.6M | 239.0M | 207.2M | (203.3M) | (195.7M) | (185.9M) | |
| Minority Interest | 84.5M | 6.7M | 6.4M | (5.6M) | (6.9M) | (6.6M) | |
| Tax Provision | 56.0M | 65.8M | 39.6M | (75.7M) | (61.8M) | (58.7M) | |
| Interest Income | 84.5M | 4.0M | 105.1M | 228.4M | 46.1M | 43.8M | |
| Net Interest Income | (102.9M) | (107.5M) | (114.1M) | (226.6M) | (249.4M) | (237.0M) | |
| Reconciled Depreciation | 303.2M | 332.0M | 371.0M | 263.0M | 452.6M | 349.2M |
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.