Company / Operating Income
Southwest Gas Corp Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$473.9M
FY2025
5-year range
-$24.4M / $473.9M
FY2021-FY2025
Trend
+16.6%
vs FY2024
Sector context
#44 of 71
Utilities
What the data says
At $474M, Southwest Gas Corp's operating income ranks #44 of 71 in the Utilities sector. Operating Income has increased for 3 consecutive years, from -$24M in FY2022 to $474M in FY2025.
Based on SEC 10-K filings.
$474M in FY2025 with a 5-year CAGR of +5.8%.
Improved from $293M to $474M over the past 2 years.
Utilities sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +5.8%
- 10-Year CAGR
- -
Sector benchmark
#44 of 71 in UtilitiesTop 62% of 71This company $473.9M Sector average $2.0B
▼
-76.0% below sector average
Key checks
Key Insights
- Southwest Gas Corp's operating income has grown for 3 consecutive years.
- 5-year CAGR of +5.8%, indicating consistent growth.
- In FY2025, operating income increased 16.6% year-over-year.
- Ranks #44 out of 71 companies in the Utilities sector.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $473.9M | +16.6% |
| FY2024 | $406.5M | +38.7% |
| FY2023 | $293.0M | +1300.8% |
| FY2022 | -$24.4M | -106.6% |
| FY2021 | $369.5M | +3.4% |
| FY2020 | $357.4M | +4.2% |
| FY2019 | $343.1M | +8.8% |
| FY2018 | $315.5M | -8.1% |
| FY2017 | $343.1M | +8.8% |
| FY2016 | $315.5M | +9.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026