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.

Shares of Southwest Airlines Co. LUV, -1.94% fell 1.7% in afternoon trading, and was the best performer among the six airline components of the Dow Jones Transportation Average DJT, +0.06% , but it was still on track to close at a 5 1/2-year low despite disclosing that it received some of the government aid it has requested.

Southwest's stock falls to 5 1/2-year low, even as government aid has started rolling in

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

Although airlines have started receiving the first tranches of government aid, the stocks are sinking despite the broader stock market rally.

Airline stocks sink despite stock market's gains, led by United Airlines after stock offering

Alaska Air Group

The CARES Act includes language that would allow the government to buy shares in airlines in exchange for employment support.

When An Airline Bailout Is Really An Airline Takeover

Without demand, all airliners – including discount specialists like Southwest – will hurt. Given this backdrop, I wouldn’t gamble on LUV stock ahead of its Q1 earnings report.

Southwest Airlines Could See Wild Trading Following Q1

JetBlue Airways stock has declined by 55% since early February after the WHO declared the Coronavirus a global health emergency, while Southwest Airlines’ stock has fared slightly better and lost 44% of its value. The airline industry has been worst affected by the ongoing coronavirus pandemic.

Why Smart Money Would Pick Southwest Over JetBlue

Allegiant Travel Company

Spirit Airlines

The U.S. Treasury Department said on Monday it has disbursed $2.9 billion in initial payroll assistance to 54 smaller passenger carrier and two major passenger airlines, while it finalized grant agreements with six major airlines.

U.S. Treasury releases $2.9 billion in airline support, finalizes payroll agreements

Avianca Hlds

Hawaiian Hlds

United provides a glimpse of how bad the first quarter was for the industry.

Why Airline Shares  Are Falling Today

Booking Hlds

Estee Lauder

Hilton Worldwide Holdings

LVMH Moet Hennessy Louis Vuitton

MGM Resorts

Royal Caribbean Cruises

Travel stocks have taken the biggest hit so far in 2020. All seven of these stocks to buy could take off once the world recovers.

7 Travel Stocks to Buy Once the World Starts to Recover

As America's airlines accept government funds, their arguments against Gulf carriers looks difficult to sustain.  That will not stop them trying

Bully Boy US Airlines - The Parable Of The Elephants And The Mice

Intel

Netflix

Netflix, IBM, Intel and Southwest are part of Zacks Earnings Preview

Azure Power Global

Murphy USA

Par Pacific Holdings

Tellurian

A gruesome combination of global storage shortage and decline in demand for crude due to the coronavirus outbreak has taken a toll on oil prices.

5 of the Biggest Winners From Oil's Descent to a 21-Year Low

5 of the Biggest Winners From Oil's Descend to a 21-Year Low

Southwest Airlines reports Q1 earnings before markets open on April 23rd. The coronavirus pandemic is expected to hit earnings and revenue hard.

Southwest Airlines Earnings: What to Look For From LUV

Slowly but surely the world will reopen. Southwest Airlines will recover as the profit and loss statement heals, thus LUV stock will survive.

Southwest Airlines Stock Is Better Than the Rest of the Airliners

US airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group of senators released on Friday. Many US airlines are canceling 60 percent to 80 percent of their flights, and under federal law passengers on those flights are entitled to.

Airlines withholding $10B in cash from customers, lawmakers say

Optimistic pandemic headlines offer airline investors reason for hope.

Why Airline Stocks Are Up Today  (April 17)

The airline wants to keep its best customers happy.

Southwest Extends Benefits for Its A-List Loyalty Program

U.S. airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group of senators released on Friday.

U.S. airlines sitting on $10 billion owed to consumers for canceled flights, lawmakers say

Tumbling air-travel demand due to the coronavirus is expected to have significantly affected Southwest's (LUV) passenger revenues in Q1.

Here's the Likely Coronavirus Toll on Southwest (LUV) Q1 Earnings

The airline, famous for its good relations with workers, is worried traffic won't return by the Fall.

Southwest Airlines Goes to Employees Seeking Concessions

U.S. airlines sitting on $10 billion in travel vouchers, lawmakers say

U.S. carriers are asking thousands of employees to take voluntary unpaid leave in a race to cut costs as cancellations outpace bookings.

IATA Projects More Losses for Airline Industry, Stocks Down

Even with a $25 billion bailout, some airlines could still face bankruptcy and layoffs.

Airlines Are Being Bailed Out Again, Here’s What Economists Think Will Happen Next

Airline Equity Dilution: A Big Nothingburger

Southwest Airlines Co  has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday.

News for Southwest Airlines Stock (LUV)