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. dropped Wednesday, after the air carrier trimmed its third-quarter outlook for a key revenue metric, as close-in bookings for August disappointed.

Southwest Airlines stock falls as last-minute leisure bookings disappointed in August

Alaska Air Group

United Continental Hlds

Alaska Air Group, Inc. (NYSE:ALK), United Airlines Holdings Inc (NASDAQ:UAL), and Southwest Airlines Co (NYSE:LUV) are in focus, after each flagged higher fuel costs for the third quarter.

3 Airline Stocks to Watch as Fuel Costs Rise

Oracle

Roku

AeroVironment

Salesforce

CrowdStrike

First Solar

GitLab

Microsoft

ServiceNow

Block

Thermo Fisher Scientific

Toast

Zscaler

Here are some of the tickers on my radar for Wednesday, Sept. 6, taken directly from my reporter's notebook.

Here are the 14 stocks Jim Cramer is watching, including Oracle, Roku and Southwest

JetBlue Airways

If you're wondering what airline stocks to sell this month, look no further. The airline industry remains in a tricky spot.

3 Airline Stocks to Sell in September Before They Crash And Burn

Airlines like Southwest, Alaska and United are paying more for jet-fuel this summer.

Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

American Airlines

Delta Air Lines

It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.

Airline Investors Have a New Fear. The Stocks Are Falling.

Shares of Southwest Airlines Co. LUV dropped 4.2% toward a three-month low in premarket trading Wednesday, after the air carrier said it booked record revenue for the Labor Day weekend, but said close-in leisure bookings in August were on the lower-end of expectations. The company lowered its outlook for third-quarter revenue per available seat mile (RASM) to a year-over-year decline of 5% to 7% from previous guidance for a decline of 3% to 7%.

Southwest Airlines stock drops as August leisure bookings were on low end of expectations

Southwest Airlines on Wednesday flagged softer August leisure bookings and joined two other U.S. airlines in warning of higher fuel costs in the third quarter due to a jump in crude prices.

U.S. airlines flag high fuel costs, Southwest's August bookings disappoint

Southwest Airlines and the International Brotherhood of Teamsters announced a tentative agreement on a new contract for more than 480 material specialists.

Southwest Airlines reaches tentative agreement with Teamsters on new contract for material specialists

Southwest Airlines Co. LUV, -1.09% announced Tuesday that it has reached a tentative agreement with the International Brotherhood of Teamsters, the union covering the air carrier's material specialists. IBT will present the agreement, which covers more than 480 material specialists, to its members for a vote.

Southwest Airlines reaches tentative agreement with IBT for its material specialists

DALLAS , Sept. 5, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the International Brotherhood of Teamsters (IBT) reached a Tentative Agreement for the airline's Material Specialists.

TENTATIVE AGREEMENT REACHED FOR SOUTHWEST AIRLINES MATERIAL SPECIALISTS

A Texas federal judge has doubled down on his requirement that lawyers at Southwest Airlines Inc attend "religious liberty training," rejecting the company's claim that the unusual order was illegal as "a gripe."

Judge rejects Southwest's 'gripe' over religious liberty training order

Rapid Rewards Members who register, book, and fly can earn a limited-time, promotional Companion Pass for travel between January 8 and March 8, 2024 DALLAS , Aug. 28, 2023 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) today launches a special promotional Companion Pass® offer for Rapid Rewards® Members ready to take flight with a family member, friend, or loved one. Qualifying Customers can designate their Companion and travel with the Companion Pass which is valid for unlimited usage from January 8 through March 8, 2024.1 To qualify, Rapid Rewards Members must: Register for the promotion and purchase a Southwest® revenue flight (one round trip or two one-ways), starting today through August 30, 2023; Travel by September 30, 2023; and Designate a Companion to fly for free (does not include taxes and fees from $5.60 one-way) with them from January 8 through March 8, 2024.

SOUTHWEST AIRLINES LAUNCHES LIMITED-TIME COMPANION PASS OFFER

AMC Entertainment

Coinbase

Disney

Lowe's

Palantir Technologies

Target

This is a somewhat perilous time to be long U.S. stocks. While the economy is rapidly growing and inflation is dropping, the market seems to be on the verge of a meaningful correction.

7 Stocks to Sell in August Before They Crash and Burn

Southwest Airlines and the union covering more than 17,000 of its employees reached a tentative agreement on wages, job protections, and benefits for more. But the airline's pilots union still may strike.

Southwest Airlines Reaches Tentative Agreement With Transport Workers Union

Southwest Airlines (LUV) and TWU 555 ink a tentative deal for the airline's ramp, operations, provisioning and cargo agents.

Southwest Airlines (LUV) & TWU 555 Ink Tentative Agreement

Allstate

You don't have to pay a fortune for S&P 500 stocks with rising profit. If you look, you'll find value-priced stocks in growth mode, too.

Six Cheap Stocks' Profit Is Poised To Boom 50% Or More

DALLAS , Aug. 15, 2023 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) and the Transport Workers Union Local 555 (TWU 555) today announced they reached a Tentative Agreement for the airline's Ramp, Operations, Provisioning, and Cargo Agents. "Our hardworking Ramp, Operations, Provisioning, and Cargo Agents serve a valuable role in helping Southwest Airlines by providing a great experience for our Customers," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines®.

SOUTHWEST AIRLINES AND TRANSPORT WORKERS UNION LOCAL 555 (TWU 555) REACH A TENTATIVE AGREEMENT

Apple

Eli Lilly

Stock markets are enduring turmoil this August. Since the beginning of the month, the benchmark S&P 500 index has declined 2%.

3 Growth Stocks to Sell in August Before They Crash and Burn

Allegiant Travel Company

Hawaiian Hlds

As we soar into the year's second half, the seemingly sunny skies for airline stocks appear cloudier. The hot streak in the first half will likely tempt investors to buckle in for a profitable journey.

3 Airline Stocks to Sell in August Before They Crash and Burn

Southwest Airlines Co. is known for its customer-friendly policies, such as free checked bags and friendly employees. However, there are drawbacks to flying with Southwest, including the cattle-call boarding process and outdated technology. Southwest's financial situation has been impacted by the pandemic, with a decrease in net income and a suspension of dividends.

Not Loving Southwest As An Income Investor

The ruling comes after Southwest Airlines allegedly fired a woman for criticizing union members' decisions to participate in a 2017 Women's March sponsored by Planned Parenthood.

Judge Orders Southwest Airlines Attorneys To Take Conservative Christian Group's Religious Training

It's been a turbulent earnings season for U.S. airlines and it's led to a reassessment of the sector's fortunes, particularly when it comes to domestic carriers.

Southwest and American Get Downgraded. The Airline Sector Is Hitting Turbulence.

Flight schedule extended through April 8, 2024 Nonstop international service added on Saturdays between Baltimore and Belize; and between St. Louis and Cabo San Lucas/Los Cabos, Mexico New route links Austin and San Juan, Puerto Rico DALLAS , Aug. 3, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is encouraging Customers to book spring break vacations beginning today with the extension of its flight schedule through April 8, 2024. To address seasonal travel patterns and demand, the airline brings more nonstop options for Southwest® Customers, including those traveling on peak days when new time-saving nonstop service complements a schedule of daily connecting or same-plane service.

SPRING BREAKING NEWS: SOUTHWEST AIRLINES TO OFFER MORE SEASONAL NONSTOP SERVICE FOR SPRING BREAK TRAVEL

It's been a tough earnings season for U.S. airlines, and low-cost, domestically-focused carriers in particular. It's not getting any better.

News for Southwest Airlines Stock (LUV)