Southwest Gas (SWX) revenue breakdown

Utilities · Utilities - Regulated Gas · Market cap $6.1B

By segment, Utility Infrastructure Services is the largest at 53% of fiscal 2023 revenue, growing 14% a year over 7 years.

Revenue by segment

Fiscal years, as Southwest Gas reports them in its 10-K filings; fiscal 2023 total $5.4B.

Segments20162017201820192020202120222023Share
Utility Infrastructure Services$1.1B$1.2B$1.5B$1.8B$1.9B$2.2B$2.8B$2.9B 53%
Natural Gas Distribution$1.3B$1.3B$1.4B$1.4B$1.4B$1.5B$1.9B$2.5B 46%
Pipeline and Storage———————$35M 1%
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Questions

Where does Southwest Gas make its money?

In fiscal 2023, by segment: Utility Infrastructure Services $2.9B, Natural Gas Distribution $2.5B, Pipeline and Storage $35M.

From Southwest Gas's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.