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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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.

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Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

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Minority interest

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Book value per share

Cash from operations

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Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

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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.

Flight Instructors approve contract; Facilities Maintenance Technicians to vote on Tentative Agreement DALLAS , Jan. 13, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announced agreements have been reached with two of its union-represented workgroups. Southwest's Flight Instructors Approve New Contract Southwest's Flight Instructors, represented by the Transport Workers Union Local 557 (TWU 557), overwhelmingly voted in favor of their new contract.

SOUTHWEST AIRLINES ANNOUNCES AGREEMENTS WITH TWO UNION-REPRESENTED WORKGROUPS

Southwest Airlines' chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.

Bob Jordan, Southwest Airlines' CEO, on What Went Wrong

LOS ANGELES--( BUSINESS WIRE )--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Southwest Airlines Co. (“Southwest Airlines” or the “Company”) (NYSE: LUV) securities between June 13, 2020 and December 31, 2022, inclusive (the “Class Period”). Southwest Airlines investors have until March 13, 2023 to file a lead plaintiff motion.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Southwest Airlines Co. (LUV) Investors

Delta Air Lines

American Airlines

JetBlue Airways

Spirit Airlines

United Continental Hlds

Airline stocks fell before market open Friday after Delta Air Lines Inc. gave weaker-than-expected guidance for the first quarter.

Airline stocks fall premarket after Delta's weaker-than-expected guidance

The lawsuit claims Southwest shareholders "suffered significant losses" because the airline hid the risks of its outdated technology.

Southwest Airlines Faces Class-Action Lawsuit Following 2022 Holiday Meltdown

Southwest Airlines had a major operational meltdown over the holidays, stranding tens of thousands of passengers. Fixing this problem likely means a massive re-think in how Southwest schedules its aircraft and crews.

Southwest Airlines' Reliability Problem Starts With Their Schedule

A class action lawsuit said Southwest had downplayed issues with its scheduling system before they became a factor in its disastrous December chaos.

Southwest shareholders are suing the airline, saying it hid the problems that caused its winter meltdown

The airlines canceled more than 16,700 flights between December 21 and 31 — which could cost up to $825 million in lost revenue and reimbursements.

Southwest Airlines CEO Bob Jordan takes responsibility for the company's holiday flight meltdown: 'It just can't happen again'

NEW YORK , Jan. 12, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) between June 13, 2020 and December 31, 2022, both dates inclusive (the "Class Period"). A class action has already been filed.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Southwest Airlines Co. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm - LUV

BENSALEM, Pa.--( BUSINESS WIRE )--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Southwest Airlines Co. (“Southwest Airlines” or the “Company”) (NYSE: LUV) securities between June 13, 2020 and December 31, 2022, inclusive (the “Class Period”). Southwest Airlines investors have until March 13, 2023 to file a lead plaintiff motion.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Southwest Airlines Co. (LUV) Investors

Southwest Airlines Co. has hired an outside consulting firm and is working to strengthen a crew scheduling system after a meltdown roiled its operations during the holidays, Chief Executive Bob Jordan said in an interview.

Southwest seeks to revamp scheduling system after holiday meltdown, CEO says

The airline said it is working with General Electric on a fresh version of the system it uses to reassign pilots and flight attendants during storms and other disruptions.

Southwest Airlines to Revamp Crew Scheduling System

Shareholders filed a lawsuit against Southwest Airlines Co on Thursday, accusing the carrier of fraudulently concealing problems that led last month to an operational meltdown and more than 15,000 flight cancellations.

Shareholders sue Southwest Airlines over flight meltdown

Southwest Airlines Co Chief Executive Bob Jordan said on Thursday the company is looking at all options to ensure the operational meltdown it suffered last month is not repeated.

Exclusive: Southwest CEO says all options on the table as airline looks to fix operations

NEW YORK--( BUSINESS WIRE )--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) between June 13, 2020 and December 31, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Southwest Airlines investors under the federal securities laws.

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Southwest Airlines Co. Investors – LUV

There is “no evidence of a cyberattack,” says the Federal Aviation Administration as flight schedules largely return to normal after planes were grounded on Wednesday.

U.S. Airlines Recover from FAA System Outage. Earnings Are Next.

Problems with the FAA's flight notification system come three weeks after nationwide cancellations due to a winter storm that could cost companies hundreds of millions.

FAA Glitch Weeks After Southwest Fiasco

The December holidays are supposed to be filled with joyfulness, respite, family get-togethers, and even a long-planned vacation.

Lessons For Boards Of Directors Courtesy Of Southwest Airlines

New York, New York--(Newsfile Corp. - January 11, 2023) - Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Southwest Airlines Co. ("Southwest Airlines") (NYSE: LUV) breached their fiduciary duties to Southwest Airlines and its shareholders.

Investors of Southwest Airlines Stock Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation - LUV

Airline stocks weren't doing so hot in pre-market trading Wednesday after the Federal Aviation Administration (FAA) grounded domestic flights. The reason behind this is a computer outage affecting the Notice to Air Missions (NOTAM) system.

Airline Stocks Slump After FAA Grounds Domestic Flights

More than 4,000 U.S. flights were delayed Wednesday after a Federal Aviation Administration computer outage grounded planes across the country.

Over 4,000 U.S. flights delayed after FAA computer outage grounds planes

Stock markets took a major transportation disruption in stride.

Will Airline Stocks Suffer From the Latest FAA Fiasco?

The Federal Aviation Administration has ordered airlines to pause all domestic flight departures in the United States until 9am Eastern Time as the agency works to restore the Notice to Air Missions (NOTAM) system following an outage.  In a tweet posted at about 8.15 am, the agency said departures were resuming at Newark Liberty International Airport (New Jersey) and Atlanta Hartsfield-Jackson Airport (Georgia) due to air traffic congestion, with departures to resume at other airports at 9 am.

US flights grounded as Federal Aviation Administration works to restore system outage

The FAA halted all domestic flights early Wednesday after a systems outage. U.S. airline stocks showed little response.

Airline Stocks Unfazed As FAA Computer Outage Halts All U.S. Flights

The Federal Aviation Administration (FAA) has ordered airlines to pause all domestic departures until 9 a.m. Eastern Time.

News for Southwest Airlines Stock (LUV)