Southwest Gas Profit Margin 2010-2023 | SWX
Current and historical gross margin, operating margin and net profit margin for Southwest Gas (SWX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Southwest Gas net profit margin as of December 31, 2023 is 2.78%.
| Southwest Gas Annual Profit Margins |
| Southwest Gas Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Utilities |
Utility - Natural Gas Distribution |
$5.441B |
$5.434B |
|
Southwest Gas Holdings, Inc. is an energy holding company based in Las Vegas, NV. The company makes deliveries of natural gas under a priority system established by state regulatory commissions, which aims that higher-priority customers, primarily residential customers and other customers who use 500 therms or less of gas per day are given greater importance. The company systematically acquires and arranges delivery of natural gas to its system in sufficient quantities to meet customers' needs. Southwest acquires natural gas from a wide variety of sources with a mix of purchase provisions, which includes spot market and firm supplies.
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