7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 
      
    		                         
      operating revenues:
    		                         
      regulated operations revenues
    		316,911,000 396,318,000 746,416,000 553,059,000 359,131,000 510,093,000 1,052,933,000 702,216,000 394,603,000 487,866,000 950,011,000 367,122,000 440,030,000 743,532,000            
      total operating revenues
    		316,911,000 1,120,370,000 1,296,497,000 1,270,137,000 1,079,184,000 1,182,168,000 1,580,956,000 1,367,531,000 1,169,492,000 1,293,645,000 1,603,304,000 1,125,588,000 1,146,120,000 1,267,409,000 888,696,000 821,421,000 885,907,000 791,226,000 757,247,000 836,320,000 725,230,000 713,011,000 833,539,000 668,146,000 670,883,000 
      operating expenses:
    		                         
      net cost of gas sold
    		42,685,000 102,134,000 284,579,000 165,817,000 111,712,000 242,479,000 629,997,000 344,623,000 170,056,000 231,053,000 507,537,000 100,991,000 147,860,000 298,918,000 63,710,000 76,496,000 156,021,000 36,321,000 67,473,000 160,821,000 35,068,000 65,182,000 192,604,000 49,903,000 83,466,000 
      operations and maintenance
    		134,777,000 138,696,000 131,251,000 134,978,000 131,416,000 134,623,000 135,146,000 139,528,000 126,851,000 128,795,000 148,908,000 154,236,000 175,791,000 149,303,000 122,927,000 104,833,000 106,690,000 101,764,000 99,419,000 103,781,000 109,652,000 105,293,000 106,245,000 105,508,000 105,435,000 
      depreciation and amortization
    		79,073,000 103,163,000 127,913,000 115,865,000 107,361,000 96,072,000 119,142,000 111,163,000 105,520,000 111,705,000 112,520,000 116,933,000 108,010,000 122,646,000 91,380,000 82,848,000 93,442,000 80,139,000 77,217,000 87,653,000 75,370,000 70,342,000 77,539,000 62,156,000 61,307,000 
      taxes other than income taxes
    		23,368,000 23,250,000 23,761,000 22,551,000 22,283,000 21,228,000 22,903,000 21,770,000 21,147,000 21,604,000 24,230,000 23,356,000 22,606,000 24,816,000 20,109,000 19,338,000 20,687,000 15,787,000 15,342,000 16,378,000 15,308,000 15,126,000 16,206,000 15,036,000 14,666,000 
      total operating expenses
    		279,903,000 1,024,914,000 1,096,075,000 1,089,196,000 1,017,700,000 1,098,947,000 1,422,831,000 1,229,402,000 1,109,261,000 1,208,874,000 1,468,105,000 1,075,651,000 1,100,460,000 1,098,915,000 865,396,000 762,155,000 712,454,000 736,962,000 689,675,000 687,947,000 686,972,000 658,142,000 693,059,000 628,465,000 617,545,000 
      operating income
    		37,008,000 95,456,000 200,422,000 180,941,000 61,484,000 83,221,000 158,125,000 138,129,000 60,231,000 84,771,000 135,199,000 49,937,000 45,660,000 168,494,000 23,300,000 59,266,000 173,453,000 54,264,000 67,572,000 148,373,000 38,258,000 54,869,000 140,480,000 39,681,000 53,338,000 
      yoy
    		-39.81% 14.70% 26.75% 30.99% 2.08% -1.83% 16.96% 176.61% 31.91% -49.69% 480.25% -15.74% -73.68% 210.51% -65.52% -60.06% 353.38% -1.10% -51.90% 273.91% -28.27%     
      qoq
    		-61.23% -52.37% 10.77% 194.29% -26.12% -47.37% 14.48% 129.33% -28.95% -37.30% 170.74% 9.37% -72.90% 623.15% -60.69% -65.83% 219.65% -19.69% -54.46% 287.82% -30.27% -60.94% 254.02% -25.60%  
      operating margin %
    		                         
      other income and
    		                         
      net interest deductions
    		-49,003,000 -71,612,000 -72,281,000 -73,938,000 -77,731,000 -73,769,000 -71,605,000 -73,607,000 -71,998,000 -69,347,000 -77,334,000 -64,373,000 -53,206,000 -48,363,000 -31,298,000 -25,939,000 -23,964,000 -28,311,000 -26,450,000 -28,380,000 -27,434,000 -26,831,000 -26,397,000 -24,548,000 -23,652,000 
      other income
    		15,367,000 18,421,000 8,715,000 4,750,000 16,758,000 14,939,000 18,121,000 18,777,000 14,464,000 19,604,000 18,460,000 1,593,000 -2,835,000 1,244,000 -3,112,000 -1,311,000 448,000 1,799,000 7,925,000 -20,770,000 -1,158,000 1,146,000 6,839,000 889,000 -2,706,000 
      total other
    		-33,636,000      -53,484,000                   
      income from continuing operations before income taxes
    		3,372,000                         
      income tax benefit
    		-803,000   17,352,000 -2,152,000   9,658,000 -1,270,000 4,769,000 28,675,000 -1,525,000 -4,300,000  -1,816,000           
      income from continuing operations
    		4,175,000                         
      income from discontinued operations, net of income tax
    		263,784,000                         
      net income
    		267,959,000 -10,329,000 109,187,000 94,401,000 2,663,000 20,210,000 87,562,000 73,641,000 3,967,000 30,259,000 47,650,000 -11,318,000 -6,081,000 97,250,000 -9,294,000 26,474,000 118,845,000 21,063,000 39,881,000 73,005,000 6,525,000 22,832,000 95,384,000 12,331,000 21,551,000 
      yoy
    		9962.30% -151.11% 24.70% 28.19% -32.87% -33.21% 83.76% -750.65% -165.24% -68.89% -612.70% -142.75% -105.12% 361.71% -123.30% -63.74% 1721.38% -7.75% -58.19% 492.04% -69.72%     
      qoq
    		-2694.24% -109.46% 15.66% 3444.91% -86.82% -76.92% 18.90% 1756.34% -86.89% -36.50% -521.01% 86.12% -106.25% -1146.37% -135.11% -77.72% 464.24% -47.19% -45.37% 1018.85% -71.42% -76.06% 673.53% -42.78%  
      net income margin %
    		                         
      net income attributable to noncontrolling interests
    		-2,517,000 2,554,000 -4,683,000 1,945,000 2,374,000 1,877,000 -175,000 772,000 736,000 1,381,000 1,739,000 991,000 494,000 1,072,000     1,916,000 463,000 1,172,000 776,000 575,000   
      net income attributable to southwest gas holdings, inc.
    		270,476,000 -12,883,000 113,870,000 92,456,000 289,000 18,333,000 87,737,000 72,869,000 3,231,000 28,878,000 45,911,000 -12,309,000 -6,575,000 96,178,000 -11,576,000 25,119,000 117,293,000 18,273,000 37,965,000 72,542,000 5,353,000 22,056,000 94,809,000 12,331,000 21,551,000 
      basic earnings per share:
    		                         
      continuing operations
    		0.06                         
      discontinued operations
    		3.69                         
      net earnings per share - basic
    		3.75                         
      diluted earnings per share:
    		                         
      net earnings per share - diluted
    		3.74                         
      weighted-average shares:
    		                         
      basic
    		72,209 72,088 72,012 71,841 71,880 71,839 71,728 70,787 71,626 71,536 68,265 67,157 67,045 60,737 59,688 58,607 57,600 56,271 55,462 55,310      
      diluted
    		72,405 72,088 72,138 72,032 72,086 72,015 71,882 70,990 71,851 71,722 68,419 67,325 67,190 60,854 59,816 58,710 57,679 56,357 55,532 55,363      
      utility infrastructure services revenues
    		 724,052,000 550,081,000 717,078,000 720,053,000 672,075,000 528,023,000 665,315,000 774,889,000 805,779,000 653,293,000 758,466,000 706,090,000 523,877,000 632,848,000 528,625,000 363,975,000 580,392,000 494,813,000 333,493,000 515,250,000 454,300,000 312,862,000   
      utility infrastructure services expenses
    		 657,671,000 528,571,000 649,985,000 644,928,000 604,545,000 515,643,000 612,318,000 685,687,000 715,717,000 603,680,000 680,135,000 646,193,000 503,232,000 567,270,000 478,640,000 335,614,000 502,951,000 430,224,000 319,314,000 451,574,000 402,199,000 300,465,000   
      total other income and
    		 -53,191,000 -63,566,000 -69,188,000 -60,973,000 -58,830,000  -54,830,000 -57,534,000 -49,743,000 -58,874,000 -62,780,000 -56,041,000 -47,119,000 -34,410,000 -27,250,000 -23,516,000 -26,512,000 -18,525,000 -49,150,000 -28,592,000 -25,685,000 -19,558,000 -23,659,000 -26,358,000 
      income before income taxes
    		 42,265,000 136,856,000 111,753,000 511,000 24,391,000 104,641,000 83,299,000 2,697,000 35,028,000 76,325,000 -12,843,000 -10,381,000 121,375,000 -11,110,000 32,016,000 149,937,000 27,752,000 49,047,000 99,223,000 9,666,000 29,184,000 120,922,000 16,022,000 26,980,000 
      income tax expense
    		 52,594,000 27,669,000   4,181,000 17,079,000       24,125,000  5,542,000 31,092,000 6,689,000 9,166,000 26,218,000 3,141,000 6,352,000 25,538,000 3,691,000 5,429,000 
      earnings per share attributable to southwest gas holdings, inc.:
    		                         
      basic
    		 -0.18 1.58 1.29  0.26 1.22 1.02 0.05 0.4 0.67 -0.18 -0.1 1.58 -0.19 0.43 2.04 0.32 0.68 1.31      
      diluted
    		 -0.18 1.58 1.28  0.25 1.22 1.03 0.04 0.4 0.67 -0.18 -0.1 1.58 -0.19 0.43 2.03 0.32 0.68 1.31      
      goodwill impairment and loss on sale
    		          71,230,000               
      earnings per share:
    		                         
      basic
    		 -0.18 1.58 1.29  0.26 1.22 1.02 0.05 0.4 0.67 -0.18 -0.1 1.58 -0.19 0.43 2.04 0.32 0.68 1.31      
      diluted
    		 -0.18 1.58 1.28  0.25 1.22 1.03 0.04 0.4 0.67 -0.18 -0.1 1.58 -0.19 0.43 2.03 0.32 0.68 1.31      
      gas operating revenues
    		              255,848,000 292,796,000 521,932,000 210,834,000 262,434,000 502,827,000 209,980,000 258,711,000 520,677,000 217,523,000 275,679,000 
      net income attributable to noncontrolling interest
    		              2,282,000 1,355,000 1,552,000 2,790,000        
      basic earnings per share
    		                    0.1 0.41 1.78 0.25 0.44 
      diluted earnings per share
    		                    0.1 0.41 1.77 0.25 0.44 
      average number of common shares
    		                    54,670 53,935 53,369 49,493 48,826 
      average shares
    		                    54,748 54,003 53,424 49,553 48,880 
      construction revenues
    		                       450,623,000 395,204,000 
      construction expenses
    		                       395,862,000 352,671,000 
      dividends declared per share
    		                       0.52 0.52 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.