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.

Carrier recognized by the Disability Equality Index® for the fourth consecutive year DALLAS , Oct. 27, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is proud to score a 100 on The Disability Equality Index (DEI) for the fourth consecutive year. Launched in 2015 by Disability:IN and The American Association of People with Disabilities (AAPD), the DEI is a leading initiative that assesses organizations showcasing leadership in disability inclusion programs.

SOUTHWEST AIRLINES AWARDED A TOP SCORE ON THE 2023 DISABILITY EQUALITY INDEX

Southwest Airlines' (LUV) third-quarter 2023 revenues benefit from solid leisure demand.

Southwest Airlines (LUV) Q3 Earnings in Line, Revenues Miss

Southwest Airlines (LUV) shares lost ground after the carrier reported profit was dragged down by higher fuel and labor costs, and reduced its planned capacity growth. Southwest also struck a tentative labor agreement with the union representing its flight attendants, making Southwest the first major airline to do so.

Southwest Airlines Earnings Sink on Rising Fuel and Labor Expenses

Invesco

Paramount Global

When I think of blue-chip stocks, companies in the S&P 500 or Dow Jones Industrial Average come to mind. If you want to find blue-chip stocks to buy trading at all-time lows in the final quarter of 2023, you might be out of luck.

3 Blue-Chip Stocks to Buy at an All-Time Low in Q4

The headline numbers for Southwest (LUV) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Southwest (LUV) Q3 Earnings: A Look at Key Metrics

Southwest Airlines Co (NYSE:LUV) stock is down 2.9% to trade at $22.91 at last check, after the company reported worse-than-expected third-quarter revenue.

Airline Stock Grounded as Travel Demand Cools

Southwest Airlines (LUV) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.50 per share a year ago.

Southwest Airlines (LUV) Meets Q3 Earnings Estimates

Southwest Airlines (NYSE:LUV) fell nearly 5% in premarket deals after the ‘low-cost' airline reported revenue and passenger ‘load' beneath Wall Street forecasts for its third quarter. At $6.53 billion, quarterly revenue was up 4.9% year-on-year but short of the $6.57 billion penciled in by analysts.

Southwest Airlines shares plummet as revenue falls short of expectations

Southwest announces enhanced international service from Orlando, subject to governmental approvals The carrier's published schedule grows to all-time high of 4,526 departures DALLAS , Oct. 26, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today extended its flight schedule through Aug. 4, 2024, bringing new international service and expansive growth throughout its network. Flights are available for booking at Southwest.com.

SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE WITH NEW INTERNATIONAL OPTIONS AND MOST-EVER DEPARTURES

Shares of Southwest Airlines Co. LUV, -1.26% descended 4.7% toward a more-than nine-year low after the air carrier reported third-quarter profit that matched expectations but revenue and load factor that missed, and said leisure travel trends “appear to be returning to historically seasonal norms” in the fourth quarter. Net income fell to $193 million, or 31 cents a share, from $277 million, or 44 cents as share, in the year-ago period.

Southwest Airlines stock drops toward a 9-year low after profit matches but revenue, load factor miss expectations

DALLAS , Oct. 26, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its third quarter 2023 financial results: Net income of $193 million, or $0.31 per diluted share Net income, excluding special items1, of $240 million, or $0.38 per diluted share Record third quarter operating revenues of $6.5 billion Liquidity2 of $12.7 billion, well in excess of debt outstanding of $8.0 billion Bob Jordan, President and Chief Executive Officer, stated, "Overall, we are pleased with our accomplishments in third quarter 2023. We generated another quarter of profitability and record third quarter operating revenues.

SOUTHWEST AIRLINES REPORTS THIRD QUARTER 2023 RESULTS

Boeing

Southwest Airlines reported a third-quarter profit on Thursday that fell about 30% on soaring labor and fuel costs and the budget carrier said it expects higher aircraft deliveries from Boeing in 2023.

Southwest Airlines profit falls, expects higher deliveries from Boeing in 2023

Southwest Airlines said on Wednesday it has reached a tentative agreement with the Transport Workers Union Local 556, representing nearly 19,000 flight attendants.

Southwest Airlines reaches tentative deal with union representing 19,000 attendants

DALLAS , Oct. 25, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) announced today a Tentative Agreement with the Transport Workers Union Local 556 for the airline's nearly 19,000 Flight Attendants. "Southwest's Flight Attendants uphold our commitments to Safety and Hospitality by providing Customers with a safe journey and making them feel welcomed, cared for, and appreciated," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines.

SOUTHWEST AIRLINES FLIGHT ATTENDANTS TO VOTE ON NEW CONTRACT

It's the turn of America's low-cost airlines to report third-quarter earnings. Don't expect a huge amount of positivity.

Southwest Airlines Stock Could See More Turbulence After Earnings

American Airlines

Alaska Air Group

Delta Air Lines

US Global Jets ETF

United Continental Hlds

Most of the airlines companies this earnings reporting season beat on both lines while some underperformed.

Airlines Earnings Mixed-to-Upbeat: What Lies Ahead of ETF?

DALLAS , Oct. 25, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its third quarter 2023 financial results. Details are as follows: When: Thursday, October 26, 2023 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Ryan Green, Executive Vice President and Chief Commercial Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address:  http://www.southwestairlinesinvestorrelations.com/ To access the live audio webcast and subsequent replay, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page.

Southwest Airlines to Discuss Third Quarter 2023 Financial Results on October 26, 2023

Airline stocks were hit hard in 2020 but became a breakout hit for young investors, with trading volumes reaching historic levels. Despite challenges such as war and rising costs, US air travel continues to soar, with consumers showing no signs of changing their travel habits. Airlines have leveraged rewards and co-branded credit cards to generate additional revenue, with loyalty programs accounting for billions of dollars in sales.

How Airlines Boost Revenue With Co-Branded Credit Cards

Southwest Airlines (LUV) third-quarter 2023 revenues are expected to have benefited from growth in air-travel demand. Rising expenses are likely to have weighed on the bottom line.

What's in Store for Southwest Airlines (LUV) in Q3 Earnings?

Southwest's market share dipped in 2022 amid rising low-cost competition, while overall airline revenues continued growing. Southwest's low-cost model and strategic decisions provide better margins compared to competitors. Best balance sheet in the U.S. airline industry.

Southwest Airlines: Should Double If Economy Remains Stable

The conservative Christian legal group Alliance Defending Freedom on Friday argued it was well qualified to instruct three lawyers at Southwest Airlines on religious liberty should an appeals court uphold a federal judge's order mandating the training as a sanction.

Religious rights group says it's qualified to train Southwest Airlines lawyers

Booking Hlds

Marriott

Spirit Airlines

Frontier Group Holdings

Revenge travel refers to the boom that occurred as Covid restrictions eased and people rebooked canceled travel plans and took advantage of their freedom to move around again.

Is the Revenge Travel Boom Starting to Fizzle Out?

Southwest Airlines (LUV) concluded the recent trading session at $24.37, signifying a -1.34% move from its prior day's close.

Southwest Airlines (LUV) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Morgan Stanley

Netflix

No one wants to catch a falling knife, but everyone loves a bargain, and tracking stocks that have been falling hard can be a great way to spot one. One of the most common indicators out there that's used for just that purpose is a stock's Relative Strength Index (RSI).

3 Mega Caps With RSIs That Scream Oversold

It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters, making it harder to protect profits from soaring costs.

News for Southwest Airlines Stock (LUV)