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.

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Cost of revenue

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Operating expenses

SG&A

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EBITDA

Net income

Earnings per share

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Net PPE

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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.

Although the concept of “revenge travel” has bolstered discount carriers like Southwest Airlines (NYSE: LUV ), this framework only tells one side of the story. The other side contains difficult economic circumstances which Southwest's second-quarter earnings report reflected.

Southwest (LUV) Stock Falls 8% Despite Posting Record Revenue

Southwest (LUV) delivered earnings and revenue surprises of 11.11% and 0.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Airlines (LUV) Q2 Earnings and Revenues Beat Estimates

Southwest Airlines reported all-time record revenue and net income, and currently holds fuel hedges valued at $1 billion in the second half of 2022.

Southwest Airlines Reports Record Quarter With Gains From Fuel Hedging

Southwest Airlines Co. LUV, +2.95% shares fell 4.5% in premarket trades on Thursday after the company said its second-quarter net income more than doubled to $760 million, or $1.20 a share, from $348 million, or 57 cents a share, in the year-ago quarter. Excluding one-time items, Southwest earned $1.30 a share in the latest quarter.

Southwest Airlines profit more than doubles on record revenue, sees delay in plane deliveries

The company expects inflationary headwinds to persist into the second half of the year.

Southwest Airlines Posts Record Revenue. The Stock Is Down on Guidance.

DALLAS , July 28, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its second quarter 2022 financial results: Strong quarterly net income of $760 million 1 Record quarterly net income, excluding special items2, of $825 million Record quarterly operating revenues of $6.7 billion Cash provided by operations of $1.9 billion Liquidity3 of $17.4 billion, well in excess of debt outstanding of $10.5 billion Bob Jordan, Chief Executive Officer, stated, "We are very pleased to report all-time record quarterly revenues and net income, excluding special items, representing a significant milestone in our pandemic recovery. Travel demand surged in second quarter, and thus far, strong demand trends continue in third quarter 2022.

SOUTHWEST AIRLINES REPORTS SECOND QUARTER 2022 RESULTS

U.S. carrier Southwest Airlines Co on Thursday predicted that its third-quarter revenue will exceed pre-pandemic levels on strong travel demand during the summer, but warned of capacity constraints for the rest of the year.

Southwest predicts third-quarter revenue above pre-pandemic levels

Southwest Airlines Co. LUV, +2.95% said Thursday it is eliminating expiration dates on all flight credits that are currently unexpired, or for those created on our after July 28. The air carrier said its customers will initially see a placeholder expiration date of Dec. 31, 2040 on their flight credits, until technology is updated to remove all expiration dates.

Southwest Airlines eliminates expiration dates for all unexpired flight credits

More Heart, Fewer Strings. Beginning today, Flight credits don't expire, securing Customers' investments in Southwest flight credits valid today, and going forward.

SOUTHWEST AIRLINES ELIMINATES EXPIRATION DATES ON FLIGHT CREDITS

An investigation by the Federal Aviation Administration (FAA) found that the agency failed to conduct proper safety oversight of Southwest Airlines, a federal watchdog said Wednesday.

FAA did not properly oversee Southwest Airlines, U.S. watchdog says

Carrier once again named on list for its continued investment in Diversity, Equity, and Inclusion DALLAS , July 27, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) proudly receives more accolades for its continued commitment to making Southwest® a more diverse and inclusive organization, where Employees thrive, feel appreciated, valued, and have an authentic sense of belonging. For the fifth consecutive year, Forbes named Southwest Airlines® as one of America's Best Employers for Diversity in 2022.

SOUTHWEST AIRLINES NAMED AS ONE OF FORBES' 2022 BEST EMPLOYERS FOR DIVERSITY IN AMERICA FOR FIFTH CONSECUTIVE YEAR

Southwest Airlines (LUV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Southwest Airlines (LUV) Ahead of Earnings?

Kirby

Schneider National

Escalating fuel costs are likely to have partly hurt the second-quarter 2022 performances of Kirby (KEX), Southwest Airlines (LUV) and Schneider (SNDR).

3 Transportation Stocks Poised to Beat on Earnings in Q2

Southwest Airlines will announce its Q2 earnings numbers on the 28th of July. Sales are expected to see a $2+ billion sequential rise which should lead to much improved profitability for LUV.

Southwest Airlines: Expected Big Bounce Back To Profitability In Q2

Boeing

Caterpillar

General Electric

Lockheed Martin

Industrial Select Sector SPDR Fund

This week could be the most active week on the market in awhile. In addition to the Federal Reserve (Fed) rate decision, most of the mega-cap stocks report earnings.

The 7 Best Industrial Stocks to Buy Now

Comcast

Merck

Tilray Brands

Valero Energy

The three major U.S. equity indexes closed mixed on Monday. The Dow Jones Industrial Average added 0.28%, the S&P 500 closed up 0.13%, and the Nasdaq Composite fell 0.43%.

Earnings Previews: Comcast, Merck, Southwest Airlines, Tilray, Valero Energy

Passenger revenues are likely to have been strong at Southwest Airlines (LUV) in Q2.

Is a Beat in Store for Southwest Airlines' (LUV) Q2 Earnings?

Delta Air Lines

American Airlines

JetBlue Airways

United Continental Hlds

Senator Lindsey Graham is introducing legislation to increase pilot retirement age from 65 to 67.

Sen. Lindsey Graham introduces legislation to raise mandatory pilot retirement age to 67

Aurora Innovation

Ford Motor Company

FedEx

US Global Jets ETF

Uber

Some of the best transportation stocks to buy will actually benefit meaningfully from the goods-to-experiences switch. The post The 7 Best Transportation Stocks to Buy Now appeared first on InvestorPlace.

The 7 Best Transportation Stocks to Buy Now

Allegiant Travel Company

Alaska Air Group

Air Transport Services Group

Copa Hlds

Ryanair Hlds

These airline stocks to buy on the dip that are benefitting from pent-up travel demand and have massive upside potential ahead. The post 7 Airline Stocks to Buy on the Dip appeared first on InvestorPlace.

7 Airline Stocks to Buy on the Dip

DALLAS , July 21, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2022 financial results. Details are as follows: When: Thursday, July 28, 2022 at 12:30 PM Eastern Time Who: Bob Jordan, Chief Executive Officer Michael Van de Ven, President and Chief Operating Officer Andrew Watterson, 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 Second Quarter 2022 Financial Results on July 28, 2022

Southwest Airlines extends flight schedule through March 8, 2023 DALLAS , July 21, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced the addition of two new nonstop routes for this upcoming winter season as it extends its flight schedule through March 8, 2023. Starting in January, new seasonal service will give Customers the ability to travel nonstop between Long Beach and New Orleans, and between Austin and Montrose, Colo.

BOOK TODAY: NEW SEASONAL GETAWAYS TO THE GULF COAST AND COLORADO SKI SLOPES

Airline stocks are slumping today after several U.S. carriers announced plans to reduce capacity this year. The post Why Are Airline Stocks UAL, AAL, DAL, JBLU, LUV Down Today?

Why Are Airline Stocks UAL, AAL, DAL, JBLU, LUV Down Today?

Carrier scores 100 on 2022 Disability Equality Index DALLAS , July 20, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced it earned the top score on Disability:IN® , the leading nonprofit resource for business disability inclusion worldwide, 2022 Disability Equality Index (DEI). The carrier's continued focus on its diversity, equity, and inclusion initiatives landed a "100" on the score sheet for the third consecutive year.

SOUTHWEST AIRLINES EARNS TOP SCORE ON DISABILITY:IN'S DISABILITY EQUALITY INDEX FOR THIRD CONSECUTIVE YEAR

Airlines face a more uncertain demand landscape after the summer peak.

News for Southwest Airlines Stock (LUV)