Southwest Gas Holdings Inc (SWX)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 418,330 | -8,288 | -18,582 | -57,693 | -24,398 | 377,619 | 350,982 | 364,588 | 369,547 | 408,814 | 439,778 | 448,084 | 423,004 | 408,413 | 392,407 | 379,704 | 371,811 | 368,461 | 369,884 | 368,353 |
| Revenue (ttm) | US$ in thousands | 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 | 3,119,917 | 3,058,434 | 3,001,350 | 2,959,222 |
| Operating profit margin | 7.70% | -0.15% | -0.34% | -1.09% | -0.49% | 8.17% | 8.00% | 8.98% | 10.04% | 11.65% | 12.89% | 13.38% | 12.82% | 12.63% | 12.39% | 12.16% | 11.92% | 12.05% | 12.32% | 12.45% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $418,330K ÷ $5,433,960K
= 7.70%
The operating profit margin of Southwest Gas Holdings Inc has been relatively stable over the past eight quarters, ranging from 8.00% to 9.45%. The company's operating profit margin measures its efficiency in generating profit from its core business operations, with higher percentages indicating better operational efficiency.
In the most recent quarter, Q4 2023, Southwest Gas Holdings Inc recorded an operating profit margin of 9.01%, showing a slight decrease from the previous quarter. This decrease may be attributed to various factors such as changes in costs, pricing strategies, or revenue streams. However, it is important to note that the company has maintained a consistently healthy operating profit margin above 8% over the analyzed period, which suggests effective cost management and operational performance.
Analyzing quarterly fluctuations in operating profit margin can provide insights into the company's operational efficiency and profitability trends. In this case, Southwest Gas Holdings Inc has demonstrated a consistent performance in managing its operating costs relative to its revenue generation, reflecting a stable operational foundation.
Peer comparison
Dec 31, 2023