Southwest Gas Holdings Inc (SWX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 483,771 | 440,959 | 439,706 | 441,256 | 508,628 | 702,143 | 691,849 | 652,738 | 595,735 | 580,625 | 553,988 | 567,594 | 572,553 | 408,814 | 439,778 | 448,084 | 423,004 | 408,413 | 392,407 | 379,704 |
| 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 |
| Operating profit margin | 9.46% | 8.46% | 8.30% | 8.15% | 9.36% | 12.80% | 12.71% | 12.33% | 12.01% | 12.56% | 12.63% | 13.97% | 15.56% | 11.65% | 12.89% | 13.38% | 12.82% | 12.63% | 12.39% | 12.16% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $483,771K ÷ $5,112,450K
= 9.46%
The operating profit margin of Southwest Gas Holdings Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin ranged from a low of 8.15% on March 31, 2024, to a high of 15.56% on December 31, 2021.
Overall, the operating profit margin has experienced some variability, with some quarters showing higher profitability than others. It is important to note the notable decrease in the margin from 15.56% on December 31, 2021, to 9.36% on December 31, 2023, before a slight recovery to 9.46% on December 31, 2024.
The trend of the operating profit margin indicates that Southwest Gas Holdings Inc has faced some challenges in maintaining consistent profitability over the analyzed period. It is essential for the company to focus on improving operational efficiency and cost management to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024