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Southwest Gas Corp (SWX)

NYSE Utilities Gas Utilities S&P MidCap 400
$91.33
+0.84 (+0.93%)
Close of Nov 06, 2026 · end-of-day data
Source: Southwest Gas Corp's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2021FY2021FY2022FY2022FY2022FY2022FY2023FY2023FY2023FY2023
Revenue$1.44B$1.50B$4.06B$4.39B$4.62B$4.96B$5.30B$5.44B$5.49B$5.43B
Cost of revenue$1.86B$1.96B$2.12B$2.29B$2.40B$2.53B$2.63B$2.70B$2.70B$2.62B
Gross profit-$418.09M-$457.72M$1.94B$2.10B$2.22B$2.43B$2.67B$2.74B$2.78B$2.82B
Operating income$408.81M$369.55M$364.59M$350.98M$377.62M-$24.40M-$57.69M-$18.58M-$8.29M$292.98M
Interest expense$109.54M$119.20M$143.60M$170.86M$203.94M$242.75M$271.72M$287.86M$295.49M$292.29M
Pre-tax income$299.56M$246.85M$218.29M$175.89M$174.16M-$273.34M-$318.39M-$272.98M-$257.44M$169.40M
Income tax$58.50M$39.65M$32.68M$22.84M$23.13M-$75.65M-$71.10M-$62.03M-$61.78M$29.41M
Net income$234.38M$200.78M$179.66M$147.97M$147.24M-$203.29M-$253.56M-$218.10M-$202.56M$150.89M
EBITDA$763.50M$740.59M$764.83M$776.39M$828.58M$446.06M$402.64M$445.44M$444.32M$588.44M
EPS (basic)$4.03$3.39$3.00$2.39$2.30$-3.10$-3.76$-3.18$-2.91$2.13
EPS (diluted)$4.02$3.39$2.99$2.38$2.30$-3.10$-3.76$-3.18$-2.91$2.13
Diluted shares58.31M59.26M60.04M62.16M64.05M65.56M67.41M68.54M69.66M70.99M
Gross margin-29.0%-30.6%47.7%47.8%48.0%49.0%50.3%50.4%50.7%51.8%
Operating margin28.4%24.7%9.0%8.0%8.2%-0.5%-1.1%-0.3%-0.2%5.4%
Net margin16.3%13.4%4.4%3.4%3.2%-4.1%-4.8%-4.0%-3.7%2.8%

Balance sheet

fiscal years · USD
Fiscal yearFY2021FY2021FY2022FY2022FY2022FY2022FY2023FY2023FY2023FY2023
Cash & equivalents$186.69M$222.70M$624.67M$215.96M$175.27M$123.08M$82.08M$221.37M$104.94M$106.54M
Receivables$692.13M$707.13M$755.95M$750.79M$779.56M$866.25M$903.26M$936.16M$903.37M$886.55M
Total current assets$1.39B$1.61B$2.05B$1.64B$1.71B$3.71B$2.26B$2.24B$2.00B$1.88B
Goodwill$791.90M$1.78B$1.77B$1.75B$1.74B$787.25M$787.33M$789.62M$787.43M$789.73M
Total assets$10.37B$12.77B$13.25B$12.92B$13.10B$13.20B$11.81B$11.95B$11.84B$9.28B
Total current liabilities$1.36B$3.11B$2.63B$2.35B$1.31B$3.42B$1.61B$1.06B$1.05B$1.68B
Short-term debt$297.27M$297.32M$291.07M$41.28M$41.48M$44.56M$41.91M$42.12M$42.34M$42.55M
Long-term debt$3.57B$4.12B$4.56B$4.59B$5.87B$4.40B$4.58B$5.28B$5.24B$4.61B
Total debt$3.87B$4.41B$4.85B$4.63B$5.91B$4.45B$4.62B$5.33B$5.28B$4.65B
Total liabilities$7.46B$9.81B$9.76B$9.46B$9.69B$10.14B$8.51B$8.69B$8.60B$8.56B
Shareholders' equity$2.91B$2.95B$3.49B$3.46B$3.41B$3.06B$3.30B$3.26B$3.24B$3.31B

Cash flow

fiscal years · USD
Fiscal yearFY2021FY2021FY2022FY2022FY2022FY2022FY2023FY2023FY2023FY2023
Operating cash flow$189.78M$111.38M$350.46M$373.64M$363.22M$407.46M$35.10M$156.03M$302.54M$509.21M
Capital expenditures$699.37M$715.63M$725.71M$745.51M$821.40M$859.42M$915.75M$930.22M$911.50M$765.87M
Free cash flow-$509.58M-$604.24M-$375.25M-$371.87M-$458.19M-$451.96M-$880.65M-$774.20M-$608.96M-$256.66M
Investing cash flow-$1.50B-$3.04B-$3.05B-$3.08B-$2.33B-$838.90M$150.97M$134.32M$122.26M$150.97M
Financing cash flow$1.47B$3.06B$3.23B$2.87B$1.95B$356.48M-$727.82M-$284.35M-$495.08M-$700.79M
Dividends paid$134.48M$138.22M$141.57M$148.51M$154.91M$160.56M$166.22M$169.06M$171.81M$174.57M
Stock-based compensation$9.00M$9.29M$9.82M$10.59M$9.47M$9.45M$8.70M$8.11M$10.15M$6.23M
Depreciation & amortization$354.69M$371.04M$400.25M$425.41M$450.96M$470.45M$460.33M$464.02M$452.61M$295.46M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.