Southwest Gas Holdings - Stock

Southwest Gas Holdings Net Income 2024

Southwest Gas Holdings Net Income

241.57 M USD

Southwest Gas Holdings Dividend yield

3.25 %

Ticker

SWX

ISIN

US8448951025

WKN

863050

In 2024, Southwest Gas Holdings's profit amounted to 241.57 M USD, a 60.1% increase from the 150.89 M USD profit recorded in the previous year.

The Southwest Gas Holdings Net Income history

YEARNET INCOME (undefined USD)
2027e249.73
2026e325.02
2025e273.31
2024e241.57
2023150.89
2022-203.29
2021200.78
2020232.3
2019213.9
2018182.3
2017193.8
2016152
2015138.3
2014141.1
2013145.3
2012133.3
2011112.3
2010103.9
200987.5
200861
200783.2
200683.9
200543.8
200456.8

Southwest Gas Holdings Aktienanalyse

What does Southwest Gas Holdings do?

Southwest Gas Holdings Inc. is a leading company in the US gas supply market. It was founded in 1931 and is headquartered in Las Vegas, Nevada. The company is listed on the New York Stock Exchange since 1956. It currently employs about 2,200 employees and provides natural gas to approximately 2 million customers in Arizona, Nevada, and California. The company's business model focuses on offering customized gas supply services to meet the personal needs of its customers. Southwest Gas Holdings aims to provide energy-efficient products and services to reduce both cost and energy consumption for its customers. Southwest Gas Holdings operates in two main business segments: the gas utility segment and the larger contract service segment. In the gas utility segment, the company provides electricity delivery services, pipeline maintenance and repair, gas meter installation and servicing, billing and payment services, and customer advisory services. In the contract service segment, Southwest Gas Holdings specializes in planning, designing, constructing, and maintaining natural gas supply systems. The company also offers new construction projects, repair and maintenance work, as well as technical services. Some of the products and services offered by Southwest Gas Holdings include competitive electricity supply services with various tailored tariffs, installation and servicing of gas appliances such as air conditioners, heaters, water heaters, dryers, and stoves, as well as repair and renovation of gas pipeline systems to ensure operational efficiency and safety. The company also provides technical support services to assist customers in project planning, implementation, and compliance with safety regulations. Southwest Gas was initially established as the Southern Nevada Gas Company in 1931 to serve customers in Las Vegas. Over the years, the company expanded its operations to other parts of Nevada and Arizona. In the 1960s, it acquired the Arizona Gas Transmission Company to further expand its presence in Arizona. Through mergers and acquisitions, the company grew and diversified its business. In 1996, it was renamed Southwest Gas Corporation, and in 2002, the holding company Southwest Gas Holdings was formed. In summary, Southwest Gas Holdings Inc. is a leading company in the US gas supply market, specializing in providing a wide range of products and services to meet customer needs. It has a long history of expansion and growth and owes its success to its dedicated employees and customer-focused approach. Southwest Gas Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Southwest Gas Holdings's Profit Margins

The profit margins of Southwest Gas Holdings represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Southwest Gas Holdings's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Southwest Gas Holdings's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Southwest Gas Holdings's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Southwest Gas Holdings’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Southwest Gas Holdings Stock

How much profit has Southwest Gas Holdings made this year?

Southwest Gas Holdings has made 241.57 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 60.1% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Southwest Gas Holdings publish its earnings?

Southwest Gas Holdings publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Southwest Gas Holdings?

The profits of Southwest Gas Holdings are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Southwest Gas Holdings?

You can learn more about the earnings of Southwest Gas Holdings by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Southwest Gas Holdings pay?

Over the past 12 months, Southwest Gas Holdings paid a dividend of 2.48 USD . This corresponds to a dividend yield of about 3.25 %. For the coming 12 months, Southwest Gas Holdings is expected to pay a dividend of 2.42 USD.

What is the dividend yield of Southwest Gas Holdings?

The current dividend yield of Southwest Gas Holdings is 3.25 %.

When does Southwest Gas Holdings pay dividends?

Southwest Gas Holdings pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Southwest Gas Holdings?

Southwest Gas Holdings paid dividends every year for the past 24 years.

What is the dividend of Southwest Gas Holdings?

For the upcoming 12 months, dividends amounting to 2.42 USD are expected. This corresponds to a dividend yield of 3.17 %.

In which sector is Southwest Gas Holdings located?

Southwest Gas Holdings is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Southwest Gas Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southwest Gas Holdings from 9/3/2024 amounting to 0.62 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Southwest Gas Holdings pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of Southwest Gas Holdings in the year 2023?

In the year 2023, Southwest Gas Holdings distributed 2.455 USD as dividends.

In which currency does Southwest Gas Holdings pay out the dividend?

The dividends of Southwest Gas Holdings are distributed in USD.

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Andere Kennzahlen von Southwest Gas Holdings

Our stock analysis for Southwest Gas Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Southwest Gas Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.