Southwest Gas Holdings Past Earnings Performance
Past criteria checks 1/6
Southwest Gas Holdings's earnings have been declining at an average annual rate of -34.3%, while the Gas Utilities industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 14.8% per year. Southwest Gas Holdings's return on equity is 4.6%, and it has net margins of 2.8%.
Key information
-34.3%
Earnings growth rate
-35.9%
EPS growth rate
| Gas Utilities Industry Growth | 8.1% |
| Revenue growth rate | 14.8% |
| Return on equity | 4.6% |
| Net Margin | 2.8% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Southwest Gas Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 5,434 | 151 | -20 | 0 |
| 30 Sep 23 | 5,487 | -203 | -15 | 0 |
| 30 Jun 23 | 5,443 | -218 | -10 | 0 |
| 31 Mar 23 | 5,296 | -254 | -4 | 0 |
| 31 Dec 22 | 4,960 | -203 | 1 | 0 |
| 30 Sep 22 | 4,624 | 147 | 4 | 0 |
| 30 Jun 22 | 4,387 | 148 | 7 | 0 |
| 31 Mar 22 | 4,062 | 180 | 11 | 0 |
| 31 Dec 21 | 3,680 | 201 | 14 | 0 |
| 30 Sep 21 | 3,510 | 234 | 16 | 0 |
| 30 Jun 21 | 3,413 | 264 | 17 | 0 |
| 31 Mar 21 | 3,348 | 277 | 19 | 0 |
| 31 Dec 20 | 3,299 | 232 | 20 | 0 |
| 30 Sep 20 | 3,233 | 220 | 19 | 0 |
| 30 Jun 20 | 3,167 | 208 | 18 | 0 |
| 31 Mar 20 | 3,123 | 192 | 16 | 0 |
| 31 Dec 19 | 3,120 | 214 | 15 | 0 |
| 30 Sep 19 | 3,058 | 192 | 17 | 0 |
| 30 Jun 19 | 3,001 | 199 | 18 | 0 |
| 31 Mar 19 | 2,959 | 198 | 20 | 0 |
| 31 Dec 18 | 2,880 | 182 | 21 | 0 |
| 30 Sep 18 | 2,834 | 209 | 21 | 0 |
| 30 Jun 18 | 2,759 | 207 | 30 | 0 |
| 31 Mar 18 | 2,648 | 204 | 25 | 0 |
| 31 Dec 17 | 2,549 | 194 | 19 | 0 |
| 30 Sep 17 | 2,450 | 163 | 15 | 0 |
| 30 Jun 17 | 2,397 | 155 | 0 | 0 |
| 31 Mar 17 | 2,384 | 146 | 0 | 0 |
| 31 Dec 16 | 2,460 | 152 | 20 | 0 |
| 30 Sep 16 | 2,504 | 153 | 0 | 0 |
| 30 Jun 16 | 2,470 | 146 | 0 | 0 |
| 31 Mar 16 | 2,461 | 142 | 0 | 0 |
| 31 Dec 15 | 2,464 | 138 | 0 | 0 |
| 30 Sep 15 | 2,406 | 131 | -1 | 0 |
| 30 Jun 15 | 2,333 | 138 | -1 | 0 |
| 31 Mar 15 | 2,248 | 142 | 0 | 0 |
| 31 Dec 14 | 2,122 | 141 | 0 | 0 |
| 30 Sep 14 | 2,032 | 140 | 1 | 0 |
| 30 Jun 14 | 1,987 | 135 | 1 | 0 |
| 31 Mar 14 | 1,946 | 135 | 1 | 0 |
| 31 Dec 13 | 1,951 | 145 | 0 | 0 |
| 30 Sep 13 | 1,901 | 150 | 0 | 0 |
| 30 Jun 13 | 1,885 | 149 | 0 | 0 |
Quality Earnings: SZR has a large one-off loss of $71.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SZR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SZR's earnings have declined by 34.3% per year over the past 5 years.
Accelerating Growth: SZR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SZR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Gas Utilities industry (7.9%).
Return on Equity
High ROE: SZR's Return on Equity (4.6%) is considered low.