Southwest Gas Holdings Inc (SWX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 201,189 | 181,602 | 182,170 | 192,715 | 150,889 | -632,359 | -646,908 | -681,867 | -631,600 | 148,722 | 148,464 | 179,664 | 200,779 | 234,380 | 264,229 | 277,075 | 232,324 | 220,498 | 207,578 | 191,669 |
| Revenue (ttm) | US$ in thousands | 5,112,450 | 5,209,840 | 5,300,150 | 5,411,620 | 5,433,960 | 5,487,320 | 5,443,420 | 5,295,900 | 4,960,010 | 4,623,550 | 4,386,656 | 4,061,957 | 3,680,454 | 3,510,104 | 3,412,634 | 3,348,460 | 3,298,873 | 3,232,930 | 3,166,934 | 3,122,698 |
| Net profit margin | 3.94% | 3.49% | 3.44% | 3.56% | 2.78% | -11.52% | -11.88% | -12.88% | -12.73% | 3.22% | 3.38% | 4.42% | 5.46% | 6.68% | 7.74% | 8.27% | 7.04% | 6.82% | 6.55% | 6.14% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $201,189K ÷ $5,112,450K
= 3.94%
The net profit margin of Southwest Gas Holdings Inc has exhibited fluctuations over the last few years. Starting at 6.14% in March 2020, the net profit margin improved gradually until reaching a peak of 8.27% in March 2021. However, from June 2021 onwards, the net profit margin began to decline, dropping to 3.22% by September 2022. The company faced significant challenges in the second half of 2022 and the first half of 2023, with negative net profit margins recorded during these periods.
There was a notable recovery in the net profit margin from December 2023, reaching 3.94% by December 2024. Overall, the company has experienced fluctuations in net profit margin, with periods of growth, decline, and recovery. These variations may be attributed to factors such as changes in revenue, expenses, operational efficiency, and economic conditions impacting the company's profitability.
Peer comparison
Dec 31, 2024