---
schema_version: "secwatch.filing_event.v1"
accession: "0001692115-24-000037"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:04:52.895636+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas reports FY2023 adj. EPS $3.36 (+12% YoY); guides 2024 utility net income $228-238M

## Summary
- Q4 2023 consolidated net income $72.9M ($1.01 diluted EPS); adjusted net income $81.2M ($1.13 diluted EPS).
- Full-year 2023 adjusted net income $238.4M ($3.36 diluted EPS) vs $196.6M ($3.00 diluted EPS) in 2022.
- Utility segment net income $242.2M in 2023, up from $154.4M in 2022; 2024 guidance $228-238M.
- Centuri FY2023 revenue $2.9B (+5%), adjusted EBITDA $283M (+24%); IPO separation on track with confidential S-1 filed.
- Initiated 2024-2026 utility adj. net income CAGR 10-12%, rate base CAGR 6.5-7.5%; 2024 capex ~$830M.

## SEC filing metadata
- accession: 0001692115-24-000037
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000169211524000037/0001692115-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92416/000169211524000037/swx-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692115-24-000037
- JSON: https://secwatch.observer/filing/0001692115-24-000037.json
- Plain text: https://secwatch.observer/filing/0001692115-24-000037.txt

## Key facts
- Earnings Releases
  Southwest Gas Holdings, Inc. updated its 2024 and 2024-2026 guidance (initiated).
  - Period: 2024 and 2024-2026
  - Guidance: initiated
  - Result: guidance update
  source text: Initiated 2024 Utility Earnings and Capital Expenditures Guidance and 2024-2026 Utility Adjusted Net Income CAGR and Rate Base CAGR Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211524000037/0001692115-24-000037-index.htm
- Earnings Releases
  Southwest Gas Holdings, Inc. reported full-year ended December 31, 2023 results: net income $150.9 million, EPS $2.13 per diluted share.
  - Period: full-year ended December 31, 2023
  - Net income: $150.9 million
  - EPS: $2.13 per diluted share
  - Result: reported results
  source text: For the full-year ended December 31, 2023, consolidated net income was $150.9 million, or $2.13 per diluted share, and adjusted consolidated net income was $238.4 million, or $3.36 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211524000037/0001692115-24-000037-index.htm
- Earnings Releases
  Southwest Gas Holdings, Inc. reported fourth quarter 2023 results: net income $72.9 million, EPS $1.01 per diluted share.
  - Period: fourth quarter 2023
  - Net income: $72.9 million
  - EPS: $1.01 per diluted share
  - Result: reported results
  source text: Southwest Gas Holdings, Inc. (NYSE: S WX) (“Southwest Gas” or “Company”) today reported fourth quarter 2023 consolidated net income of $72.9 million, or $1.01 per diluted share, and adjusted consolidated net income of $81.2 million, or $1.13 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211524000037/0001692115-24-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.