Southwest Historical Income Statement

SWX Stock

USD 78.30 0.23 0.29%

Historical analysis of Southwest Gas income statement accounts such as Operating Income of 532.1 M, Ebit of 799.5 M, EBITDA of 740.4 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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

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.

Total Revenue Operating Income Ebitda

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.

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.

	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

Gross Profit Total Revenue

Southwest Gas income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Selling General Administrative	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Non Operating Income Net Other	Extraordinary Items
Depreciation And Amortization		0.65	0.47	0.48	-0.47	-0.43	0.22	-0.23	-0.14	0.72	0.73	0.41	0.07	-0.16	-0.42	-0.37	0.03	-0.48	0.14	-0.49	0.4	-0.49	0.48
Interest Expense	0.65		0.95	0.84	-0.11	-0.5	-0.24	-0.38	0.2	0.98	0.97	0.74	-0.35	-0.15	-0.52	-0.88	-0.2	-0.95	0.18	-0.97	0.7	-0.76	0.8
Total Revenue	0.47	0.95		0.85	0.11	-0.41	-0.31	-0.38	0.29	0.95	0.94	0.7	-0.4	-0.19	-0.62	-0.83	-0.15	-0.95	0.2	-0.97	0.75	-0.83	0.85
Gross Profit	0.48	0.84	0.85		0.07	-0.62	-0.44	-0.44	0.32	0.84	0.81	0.94	-0.41	-0.2	-0.55	-0.71	-0.18	-0.85	0.24	-0.87	0.7	-0.82	0.8
Operating Income	-0.47	-0.11	0.11	0.07		0.32	-0.06	-0.11	0.34	-0.09	-0.1	-0.03	-0.24	-0.71	-0.14	0.09	0.38	-0.06	0.24	-0.03	0.05	-0.02	0.15
Ebit	-0.43	-0.5	-0.41	-0.62	0.32		0.76	0.39	-0.23	-0.47	-0.44	-0.66	0.33	-0.24	0.09	0.45	0.59	0.52	-0.17	0.5	-0.43	0.64	-0.34
Ebitda	0.22	-0.24	-0.31	-0.44	-0.06	0.76		0.29	-0.39	-0.16	-0.12	-0.5	0.48	-0.32	-0.1	0.38	0.67	0.38	-0.09	0.36	-0.29	0.46	-0.15
Net Income	-0.23	-0.38	-0.38	-0.44	-0.11	0.39	0.29		-0.92	-0.36	-0.36	-0.39	0.91	0.11	0.15	0.56	0.2	0.57	-0.88	0.47	0.14	0.32	-0.16
Income Tax Expense	-0.14	0.2	0.29	0.32	0.34	-0.23	-0.39	-0.92		0.17	0.15	0.26	-0.96	-0.08	-0.07	-0.46	-0.21	-0.45	0.82	-0.35	-0.21	-0.23	0.06
Other Operating Expenses	0.72	0.98	0.95	0.84	-0.09	-0.47	-0.16	-0.36	0.17		1.0	0.7	-0.28	-0.2	-0.63	-0.79	-0.11	-0.92	0.2	-0.94	0.73	-0.82	0.84
Cost Of Revenue	0.73	0.97	0.94	0.81	-0.1	-0.44	-0.12	-0.36	0.15	1.0		0.65	-0.26	-0.2	-0.64	-0.77	-0.09	-0.9	0.19	-0.93	0.72	-0.81	0.84
Total Operating Expenses	0.41	0.74	0.7	0.94	-0.03	-0.66	-0.5	-0.39	0.26	0.7	0.65		-0.41	-0.09	-0.35	-0.68	-0.29	-0.75	0.22	-0.75	0.59	-0.64	0.61
Income Before Tax	0.07	-0.35	-0.4	-0.41	-0.24	0.33	0.48	0.91	-0.96	-0.28	-0.26	-0.41		0.01	0.03	0.64	0.32	0.59	-0.8	0.49	0.14	0.24	-0.1
Total Other Income Expense Net	-0.16	-0.15	-0.19	-0.2	-0.71	-0.24	-0.32	0.11	-0.08	-0.2	-0.2	-0.09	0.01		0.31	-0.02	-0.61	0.16	-0.2	0.16	-0.15	0.08	-0.33
Selling General Administrative	-0.42	-0.52	-0.62	-0.55	-0.14	0.09	-0.1	0.15	-0.07	-0.63	-0.64	-0.35	0.03	0.31		0.25	-0.26	0.46	-0.12	0.5	-0.49	0.6	-0.66
Net Income From Continuing Ops	-0.37	-0.88	-0.83	-0.71	0.09	0.45	0.38	0.56	-0.46	-0.79	-0.77	-0.68	0.64	-0.02	0.25		0.39	0.94	-0.34	0.92	-0.46	0.52	-0.55
Minority Interest	0.03	-0.2	-0.15	-0.18	0.38	0.59	0.67	0.2	-0.21	-0.11	-0.09	-0.29	0.32	-0.61	-0.26	0.39		0.28	0.04	0.24	-0.15	0.21	0.17
Tax Provision	-0.48	-0.95	-0.95	-0.85	-0.06	0.52	0.38	0.57	-0.45	-0.92	-0.9	-0.75	0.59	0.16	0.46	0.94	0.28		-0.38	0.99	-0.63	0.75	-0.75
Interest Income	0.14	0.18	0.2	0.24	0.24	-0.17	-0.09	-0.88	0.82	0.2	0.19	0.22	-0.8	-0.2	-0.12	-0.34	0.04	-0.38		-0.26	-0.24	-0.1	0.06
Net Interest Income	-0.49	-0.97	-0.97	-0.87	-0.03	0.5	0.36	0.47	-0.35	-0.94	-0.93	-0.75	0.49	0.16	0.5	0.92	0.24	0.99	-0.26		-0.7	0.78	-0.81
Reconciled Depreciation	0.4	0.7	0.75	0.7	0.05	-0.43	-0.29	0.14	-0.21	0.73	0.72	0.59	0.14	-0.15	-0.49	-0.46	-0.15	-0.63	-0.24	-0.7		-0.77	0.85
Non Operating Income Net Other	-0.49	-0.76	-0.83	-0.82	-0.02	0.64	0.46	0.32	-0.23	-0.82	-0.81	-0.64	0.24	0.08	0.6	0.52	0.21	0.75	-0.1	0.78	-0.77		-0.82
Extraordinary Items	0.48	0.8	0.85	0.8	0.15	-0.34	-0.15	-0.16	0.06	0.84	0.84	0.61	-0.1	-0.33	-0.66	-0.55	0.17	-0.75	0.06	-0.81	0.85	-0.82

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Southwest Gas Account Relationship Matchups

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)	489.6M	799.5M
Ebitda	3.1B	735.0M	726.6M	439.9M	930.5M	740.4M
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	600.9M	531.3M
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

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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.

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Southwest Historical Income Statement

About Southwest Income Statement Analysis

Southwest Gas Income Statement Chart

Total Revenue

Operating Income

Southwest Gas income statement Correlations

Southwest Gas Account Relationship Matchups

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Southwest Gas income statement Accounts

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Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Interest Income	+ 0.99	Tax Provision
Other Operating Expenses	+ 0.98	Interest Expense
Cost Of Revenue	+ 0.97	Interest Expense
Total Revenue	+ 0.95	Interest Expense
Other Operating Expenses	+ 0.95	Total Revenue

Net Interest Income	- 0.97	Total Revenue
Net Interest Income	- 0.97	Interest Expense
Income Before Tax	- 0.96	Income Tax Expense
Tax Provision	- 0.95	Total Revenue
Tax Provision	- 0.95	Interest Expense
Net Interest Income	- 0.94	Other Operating Expenses