Revenue segments as reported by the company.

Passenger

Freight

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries, wages, and benefits

Payroll support, voluntary separation

Fuel and oil

Maintenance materials and repairs

Landing fees and airport rentals

Depreciation and amortization

Other operating expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Southwest Airlines

Southwest Airlines Co. engages in the operation and management of a passenger airline. It offers ancillary services such as early bird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. The firm operates in U.S. states, District of Columbia, the Commonwealth of Puerto Rico, Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 9, 1967, and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Southwest Airlines reports Q4 loss, invests in tech for growth

Southwest Airlines faced challenges with operational disruptions impacting revenue but remains focused on growth and operational improvements
Investing heavily in technology and workforce expansion, Southwest aims to enhance operational resilience and prevent future disruptions
Customer loyalty and improving booking trends post-disruptions indicate a positive outlook for revenue recovery and operational stability
Addressing root causes of recent events and focusing on crew communication and technology upgrades to ensure operational efficiency

Southwest Airlines reports Q1 loss, eyes profit rebound in Q2

Southwest Airlines navigated Q1 challenges with a net loss but anticipates solid profits in Q2 and full year, focusing on cost management and revenue growth.
Despite facing cost pressures and capacity adjustments, the airline is investing in customer experience enhancements and labor negotiations for competitive compensation packages.
Strong demand for summer travel bookings and managed business travel recovery present growth opportunities for Southwest Airlines.
The company's strong balance sheet, customer-friendly policies, and brand strengths position it well for future success in the airline industry.

Southwest Airlines reports record revenue and profit outlook for 2023

Southwest Airlines delivered strong financial results in Q2 2023, with record revenue and profit expectations for the full year.
Despite challenges with weather disruptions and labor costs, the company is focused on optimizing operations and revenue efficiency.
The airline is capitalizing on opportunities in network optimization, ancillary revenue growth, and customer experience enhancements.
Maintaining a robust fare environment and strong demand signal positive momentum for Southwest Airlines.

Southwest Airlines reports robust Q3 performance and plans for growth

Southwest Airlines delivered strong financial performance in Q3 2023, with operational improvements and outperformance in key segments. The company is focused on enhancing customer experience, driving ancillary revenue growth, and aligning capacity with changing travel patterns.
Challenges include managing costs, labor pressures, and evolving consumer demands, but Southwest is proactively addressing these through strategic initiatives. Opportunities lie in capacity growth, margin improvement strategies, and product enhancements to meet evolving consumer preferences.

Southwest Airlines reports record revenue and navigates cost challenges

Southwest Airlines had a strong performance in Q4 2023, focusing on operational improvements, labor agreements, and financial stability. While facing challenges such as increased unit costs and capacity adjustments, the airline is poised to capitalize on opportunities in a strong demand environment and efficiency enhancements. The company's strategic focus remains on delivering long-term financial goals and maintaining quality service.

Southwest Airlines reports record revenues, faces challenges in capacity planning

Southwest Airlines navigated challenges in Q1 2024 with a focus on revenue growth, cost management, and operational improvements. The company is evaluating potential changes to seating arrangements to align with evolving customer preferences and operational needs. Strategic initiatives include network optimization, revenue enhancements, and maintaining financial discipline.

Southwest Airlines reports Q2 challenges and strategic transformation plans

Southwest Airlines faces challenges in revenue and cost performance but is focused on strategic transformation.
The company aims to capitalize on opportunities through new revenue management strategies and operational improvements.
Despite concerns about customer preferences, Southwest is confident in its shift to assigned seating.
Safety remains a top priority, with proactive measures to address incidents and enhance cockpit resource management.

Southwest Airlines advances transformational plan amidst operational challenges

Southwest Airlines is making significant progress on its transformational plan, focusing on revenue improvements and cost management.
Despite challenges, the company maintains strong operational performance and is committed to maximizing growth opportunities.
The strategic initiatives and focus on efficiency enhancements position Southwest Airlines for long-term success and shareholder value creation.
Adapting to market dynamics, exploring fleet monetization, and refreshing the Board with expertise are key strategies for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Southwest Airlines Co. engages in the operation and management of a passenger airline. The firm also offers ancillary services such as early bird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. It operates in the United States, the Commonwealth of Puerto Rico, Mexico, Jamaica, the Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 9, 1967 and is headquartered in Dallas, TX.

Southwest Airlines CEO Gary Kelly says he understands why he just lost Warren Buffett as one of the airline's biggest shareholders.

Southwest CEO is far more optimistic than Warren Buffett about airlines' future

American Airlines

Alaska Air Group

Delta Air Lines

Hawaiian Hlds

JetBlue Airways

United Continental Hlds

Airlines want the government to loosen the amount of air service they're required to provide as the number of passengers on board hits the lowest since the 1950s.

Airlines want relief from flying near-empty planes as passenger numbers hit lowest since the 1950s amid virus

The coronavirus crisis is reportedly forcing US airlines to burn through more than $10 billion in cash each month as demand for travel evaporates. Industry group Airlines for America plans to detail the pandemic’s staggering cost at a Wednesday US Senate hearing on the state of the beleaguered aviation sector, Reuters reported.

Coronavirus crisis forcing airlines to burn over $10 billion each month

U.S. airlines are collectively burning more than $10 billion in cash per month and averaging fewer than two dozen passengers per domestic flight, industry trade group Airlines for America said in prepared testimony seen by Reuters ahead of a U.S. Senate hearing on Wednesday.

Exclusive: U.S. airlines burn $10 billion a month as traffic plummets

As malls, restaurants and other beleaguered businesses hold out hope for economic revival, airlines continue to take a beating.

All The Bad News From Airlines This Week: 'Travel Demand Is Essentially Zero'

Occidental Petroleum

AT&T

Warren Buffett: Be Fearful When Others Are Fearful - Wait, What?

AMTD International Inc

"I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC.

Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says

"I recommend selling" some position in the S&P 500 index fund "if the [upward] streak continues," the "Mad Money" host said.

Warren Buffett's exit from airline stocks is a wake-up call for index investors, Jim Cramer says

Airline stocks slid on Monday after Warren Buffett over the weekend confirmed Berkshire Hathaway sold off all its stakes in the carriers. 

Buffett Bails On Airlines As Industry Has Changed In 'Very Major Way'

It may seem an odd proposition for a former CEO to urge investors not to invest in the company they used to run but such is the case with Gordon Bethune, the ex-CEO of Continental Airlines ‘Depression’ for airline industry Bethune is no stranger to the airline sector, most notably serving as the CEO of Continental Airlines for 10 years and sitting on the board of airplane maker Boeing Co (NYSE: BA). On Monday he was a guest on CNBC’s “Squawk on the Street” to comment on Warren Buffett’s weekend disclosure he divested all of his airline holdings.

Ex-Continental Airlines CEO: Don’t invest in airliners

Southwest's strong credit rating and liquidity, along with a likely rebound of its business in the second half, make LUV stock attractive.
The post Strong Credit Metrics Can Take Southwest Stock Higher appeared first on InvestorPlace.

Strong Credit Metrics Can Take Southwest Stock Higher

Airline stocks took a nosedive Monday after investing icon Warren Buffett said he dumped his company’s stake in the four major US carriers. Shares in American Airlines, Delta Air Lines and United Airlines each plunged at least 14 percent Monday after the billionaire Berkshire Hathaway boss said his conglomerate has completely abandoned its investments in.

Airline stocks plunge after Warren Buffett dumps Berkshire Hathaway stake

Spirit Airlines

Berkshire Hathaway bails on the airlines.

Why Airline Shares Are Falling Today (May 04)

At the beginning of April, we learned that Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) had been selling some of its airline holdings.

Berkshire Hathaway Sells Airlines as They Become Too Hard to Understand

Caterpillar

FedEx

Breakdowns are looming in these three companies making them top stocks to sell now. Here's how to profit from their demise.

3 Top Bear Trades for the Week Ahead

There's no denying that the novel coronavirus is dramatically reshaping the travel and leisure industry. From airlines to casinos to cruise operators, it's going to be a long time – probably several years – before these companies come close to resembling their 2019 selves.

No Smooth Skies for Southwest Air Just Yet

Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett said Berkshire Hathaway  offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry.

U.S. airline shares tumble as Buffett stake sell-off fuels investor worries

Cramer said that he viewed Buffett bailing on airlines as a sign that there were serious issues in the broader economy.

Jim Cramer says Buffett's sale of airline stocks makes him 'very concerned about the near term'

Airline shares were headed for another day of sharp declines after Warren Buffett over the weekend said Berkshire Hathaway's cashed out of its stakes in the four largest carriers.

US airline stocks tumble after Buffett sells whole stakes

In March, airline shares fell on fears of what the future might hold. In April, they fell after those fears were realized.

Why Airline Shares Fell in April

The legendary investor announced that he has sold all of his four major US airline stakes.

Warren Buffett Dumps The Airlines

Entering 2020, Berkshire Hathaway owned major stakes in the four largest U.S. airlines. In the wake of the novel coronavirus, it has has sold them all.

Warren Buffett Dumps Berkshire Hathaway's Airline Stocks, but I'm Not Selling

Warren Buffett has again ditched the airline sector as coronavirus threatens to be a challenge too big for him to stomach.

Buffett gave airlines another go. Coronavirus was a problem he couldn't stomach

Although it is often said that the best advice is to buy low and sell high, Buffett’s Berkshire Hathaway said Saturday that it recently sold all of its holdings in the four biggest U.S. airlines: American, Delta, Southwest and United.

For A Smart Investor, Warren Buffett Has Slipped Up When It Comes To Airlines

Some stocks deserve their losses more than others.

News for Southwest Airlines Stock (LUV)