Southwest Gas (SWX)
Regulated natural gas distribution and transportation across Arizona, Nevada, and California.
$83.49
After hours−0.06 (−0.07%)
At close$83.55(−1.30%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,169 | 1,368 | 1,581 | 1,182 | 359 | 1,270 | 1,296 | 1,120 | 317 | 481 | 585 | 358 |
| Cost of revenue | 983 | 1,096 | 1,281 | 982 | 243 | 951 | 944 | 899 | 177 | 298 | 241 | 38 |
| Gross profit | 187 | 271 | 300 | 201 | 117 | 319 | 352 | 222 | 139 | 182 | 344 | 320 |
| 127 | 133 | 142 | 117 | 96 | 138 | 152 | 126 | 102 | 24 | 125 | 235 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | 0 | 0 | 134 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | 0 | 0 | 134 |
| Other expenses | 126 | 133 | 142 | 117 | 96 | 138 | 152 | 127 | 105 | 24 | 125 | 102 |
| Operating income | 60 | 138 | 158 | 83 | 20 | 181 | 200 | 95 | 37 | 159 | 219 | 84 |
| −58 | −55 | −53 | −59 | −37 | −69 | −64 | −53 | −34 | −29 | −35 | −33 | |
| Interest income | 13 | 11 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 4 | 7 | 6 |
| Interest expense | 72 | 74 | 72 | 74 | 54 | 74 | 72 | 72 | 49 | 46 | 46 | 44 |
| Other non-operating income | −14 | −19 | −18 | −15 | −17 | −5 | −9 | −18 | −15 | −17 | −11 | 11 |
| Income before tax | 3 | 83 | 105 | 24 | −17 | 112 | 137 | 42 | 3 | 130 | 185 | 52 |
| Income tax expense | −1 | 10 | 17 | 4 | −8 | 17 | 28 | 53 | −1 | 60 | 46 | 9 |
| Net income from continuing operations | 4 | 74 | 88 | 20 | −9 | 94 | 109 | −10 | 4 | 70 | 138 | 42 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 264 | −1 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 3 | 73 | 88 | 18 | 0 | 92 | 114 | −13 | 270 | 68 | 138 | 42 |
| EPS, basic | $0.05 | $1.02 | $1.22 | $0.26 | $0.00 | $1.29 | $1.58 | −$0.18 | $3.75 | $0.94 | $1.91 | $0.58 |
| EPS, diluted | $0.05 | $1.01 | $1.22 | $0.25 | $0.00 | $1.28 | $1.58 | −$0.18 | $3.74 | $0.94 | $1.91 | $0.58 |
| Weighted average shares, basic | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 73 |
| Weighted average shares, diluted | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 73 | 73 | 73 |
| EBITDA | 180 | 268 | 295 | 194 | 111 | 302 | 337 | 217 | 131 | 265 | 330 | 151 |
| Depreciation & amortization | 106 | 111 | 119 | 96 | 74 | 116 | 128 | 103 | 79 | 89 | 100 | 78 |
| EBIT | 75 | 157 | 176 | 98 | 37 | 186 | 209 | 114 | 52 | 176 | 230 | 73 |
