SWX Profit Margins - Southwest Gas Holdings, Inc.

Complete source-backed margin history.

Historical Profit Margins

Date	Gross margin	Operating margin	Net margin
2024-09-30	—	1.86%	0.03%
2024-06-30	—	7.04%	1.55%
2024-03-31	—	10.00%	5.55%
2023-12-31	—	0.93%	5.33%
2023-09-30	—	5.15%	0.28%
2023-06-30	—	6.55%	2.23%
2023-03-31	—	8.43%	2.86%
2022-12-31	—	-20.30%	-19.75%
2022-09-30	—	4.44%	-1.09%
2022-06-30	—	3.98%	-0.57%
2022-03-31	—	13.29%	7.59%
2021-12-31	—	26.43%	16.28%
2021-09-30	—	9.66%	-4.80%
2021-06-30	—	20.34%	8.62%
2021-03-31	—	32.39%	21.90%
2020-12-31	—	41.05%	27.82%
2020-09-30	—	26.72%	9.00%
2020-06-30	—	26.08%	14.65%
2020-03-31	—	29.39%	14.37%
2019-12-31	—	36.42%	24.17%
2019-09-30	—	19.10%	2.67%
2019-06-30	—	21.65%	8.70%
2019-03-31	—	25.44%	17.17%
2018-12-31	—	36.56%	18.79%
2018-09-30	—	20.16%	6.26%
2018-06-30	—	20.38%	8.24%
2018-03-31	—	27.07%	16.53%
2017-12-31	—	39.07%	27.81%
2017-09-30	—	17.31%	5.05%
2017-06-30	—	19.44%	7.20%
2017-03-31	—	26.70%	14.88%
2016-12-31	—	-31.52%	-14.92%
2016-09-30	—	3.03%	0.48%
2016-06-30	—	5.39%	1.71%
2016-03-31	—	18.91%	10.64%

Date	Gross margin	Operating margin	Net margin
2023-12-31	—	5.39%	2.78%
2022-12-31	—	-0.49%	-4.10%
2021-12-31	—	24.67%	13.41%
2020-12-31	—	31.59%	17.35%
2019-12-31	—	26.84%	15.44%
2018-12-31	—	27.37%	13.96%
2017-12-31	—	27.17%	15.35%
2016-12-31	—	24.14%	11.63%
2015-12-31	—	12.22%	5.86%