Southwest Gas Holdings Inc (SWX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 483,771 | 418,330 | 1,145,850 | 1,090,880 | 423,004 |
| Revenue | US$ in thousands | 5,112,440 | 5,433,970 | 4,960,010 | 3,680,450 | 3,298,870 |
| Operating profit margin | 9.46% | 7.70% | 23.10% | 29.64% | 12.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $483,771K ÷ $5,112,440K
= 9.46%
To analyze Southwest Gas Holdings Inc's operating profit margin over the specified period, we observe the following trends:
- From December 31, 2020, to December 31, 2021, the operating profit margin showed a significant increase from 12.82% to 29.64%, indicating improved operational efficiency and profitability.
- Subsequently, there was a slight decline in the operating profit margin to 23.10% by December 31, 2022, which could suggest some stabilization after the previous robust growth.
- However, between December 31, 2022, and December 31, 2023, there was a notable drop in the operating profit margin to 7.70%, signifying potential challenges or decreased profitability in that period.
- Eventually, by December 31, 2024, the operating profit margin slightly recovered to 9.46%, though it remained below the levels seen in the earlier years.
Overall, Southwest Gas Holdings Inc's operating profit margin exhibited fluctuations during the period under review, with notable increases, declines, and some stabilization. Further analysis of the underlying factors impacting profitability fluctuations may provide additional insights into the company's performance and efficiency.
Peer comparison
Dec 31, 2024