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SOUTHWEST GAS CORP (SWX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q8-K10-Q10-Q10-Q10-K10-Q
Operating revenues:          
Regulated operations revenues  1,805.01,757.2 2,001.91,890.61,743.41,521.81,445.1
Utility infrastructure services revenues  2,217.52,117.8 2,621.62,496.02,318.62,158.72,065.0
    Total operating revenues  4,160.64,013.13,677.23,968.73,731.83,407.13,025.62,968.2
            Total operating revenues growth  11.5%17.8%21.5%33.7%63.5%53.6%39.5%36.4%
Operating expenses:          
Net cost of gas sold  839.6756.4 682.4645.2573.8430.9374.4
Operations and maintenance  431.9478.9 618.0586.7515.8473.1437.6
Depreciation and amortization  341.2337.5 451.0425.4400.2371.0354.7
Taxes other than income taxes  89.990.991.591.087.784.580.376.1
Utility infrastructure services expenses  1,999.51,930.0 2,403.52,290.62,123.11,955.51,858.5
Goodwill impairment and loss on sale   71.2      
    Total operating expenses  3,773.43,665.03,295.84,245.94,035.73,697.43,310.93,101.3
    Operating income (loss)  387.2348.1381.4377.6351.0364.6369.5408.8
            Operating margin  9.3%8.7%10.4%9.5%9.4%10.7%12.2%13.8%
   
Other income and (expenses):          
Net interest deductions  -211.1-194.9 -203.9-170.9-143.6-119.2-109.5
Other income (deductions)  39.717.2 0.5-4.2-2.7-3.50.3
    Total other income and (expenses)  -171.4-177.7 -203.5-175.1-146.3-122.7-109.3
    Income (loss) before income taxes  98.553.1 174.2175.9218.3246.9299.6
Income tax expense (benefit)  31.922.9 23.122.832.739.658.5
Net income (loss)  -214.0-250.3-200.7151.0153.1185.6207.2241.1
Net income attributable to noncontrolling interests  4.13.2 3.85.15.96.46.7
    Net income (loss) attributable to Southwest Gas Holdings, Inc.  62.527.0 147.2148.0179.7200.8234.4
   
Earnings (loss) per share:          
Basic (in USD per share)  $0.89$0.39 $2.46$2.45$2.98$3.44$4.12
Diluted (in USD per share)  $0.89$0.39 $2.46$2.45$2.98$3.43$4.10
   
Weighted average shares:          
Basic (in shares)  68.567.465.563.561.759.558.858.0
Diluted (in shares)  68.767.565.663.661.759.758.958.1

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