Company / Net Income
Southwest Gas Corp Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$73.7M
FY2025
5-year range
-$203.3M / $200.8M
FY2021-FY2025
Trend
-62.9%
vs FY2024
Sector context
#62 of 73
Utilities
What the data says
Southwest Gas Corp's net income of $74M is lower than 85% of companies in the Utilities sector (FY2025). Net Income has fluctuated over the past 10 years, ranging from -$203M in FY2022 to $201M in FY2021.
Based on SEC 10-K filings.
$74M in FY2025 with a 5-year CAGR of -16.6%.
Declined from $151M to $74M over the past 2 years.
Utilities sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -16.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in UtilitiesTop 85% of 73This company $73.7M Sector average $1.2B
▼
-94.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -16.6%, indicating a declining trend.
- In FY2025, net income decreased 62.9% year-over-year.
- Ranks #62 out of 73 companies in the Utilities sector.
- Peak net income was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $73.7M | -62.9% |
| FY2024 | $198.8M | +31.8% |
| FY2023 | $150.9M | +174.2% |
| FY2022 | -$203.3M | -201.3% |
| FY2021 | $200.8M | +10.2% |
| FY2020 | $182.3M | -6.0% |
| FY2019 | $193.8M | +27.5% |
| FY2018 | $152.0M | -21.6% |
| FY2017 | $193.8M | +27.5% |
| FY2016 | $152.0M | +9.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026