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.

Goldman Sachs downgrades Southwest shares to Sell from Neutral, writing that medium-term inflation pressure is expected to 'drive a slower-than-industry return to profitability.'

Southwest Stock Cut to Sell at Goldman Sachs as Inflation Seen Weighing on Profits

Goldman Sachs analyst Catherine O'Brien downgraded Southwest Airlines Co (NYSE:LUV) to Sell from Neutral and lowered the price target to $36 (a downside of 14%), down from $59.  The analyst expects the company to see higher-than-industry inflation over the medium-term, driven by its investments in upgrading its technology.

Goldman Sachs Turns Bearish On This Airlines

Southwest Airlines Co (NYSE:LUV) shares are trading lower after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $59 to $36. Southwest Airlines shares were also trading lower Thursday after multiple firms lowered their respective price target on the stock.

Why Southwest Shares Are Falling

The stock price of Southwest Airlines Co (NYSE: LUV) fell by over 3% pre-market today. This is why it happened.

Southwest Airlines Stock (LUV): Why The Price Fell Today

Southwest Airlines Co (NYSE:LUV) is trading lower Thursday after several analyst firms lowered their respective price targets on the stock. Jefferies was the only firm to downgrade the stock.

Why Southwest Airlines Shares Are Trading Lower Today

Shares of Southwest Airlines Co (NYSE: LUV) are down nearly 4.0% on Thursday after Jefferies downgraded the stock to hold, citing “higher exposure to inflationary pressures than peers”. Incoming CEO responds to Jefferies' call On CNBC's “Squawk on the Street”, Robert Jordan, who is set to take the helm from Gary Kelly next year, agreed […] The post Southwest CEO Gary Kelly: ‘our last losing quarter is behind us' appeared first on Invezz.

Southwest CEO Gary Kelly: ‘our last losing quarter is behind us'

Southwest (LUV) expects to be profitable in the fourth quarter owing to strong leisure travel bookings and higher fares.

Southwest (LUV) Improves Q4 Guidance, Expects to Reap Profits

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

Shares of several airline stocks including Delta Air Lines, Inc. (NYSE:DAL), United Airlines Holdings, Inc. (NASDAQ:UAL) and American Airlines Group Inc. (NASDAQ:AAL) are trading higher after Pfizer Inc. (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced effectiveness of three doses of their vaccine against the omicron variant. The companies said preliminary laboratory studies demonstrated that three doses of the Pfizer-BioNTech covid-19 vaccine neutralize the omicron variant, while two doses show significantly reduced neutralization titers.

Why Airline Stocks Are Rising

DALLAS, Dec. 8, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) continues to celebrate kindness with the season two debut of "My Kind of News," hosted by and created in partnership with Leon Logothetis, known as The Kindness Guy. This series is available on the carrier's YouTube channel and shares stories from six of the 52 nonprofit organizations that were selected to receive air travel as a part of the Southwest Airlines® One Million Dollars of Thanks contest.

Southwest Airlines Releases Second Season Of "My Kind of News," A Series Created In Partnership With Leon Logothetis, The Kindness Guy

Spirit Airlines

Positive commentary on demand and on the omicron variant has the sector taking flight.

Why Airline Stocks Are Flying Higher Again Today

Americans Are Not Canceling Flights as Omicron Variant Spreads—at Least, Not Yet

Boeing

Avis Budget Group

Carnival

Norwegian Cruise Line

iShares MSCI EAFE Small-Cap ETF

With the omicron variant of the novel coronavirus imposing a dark cloud over the travel industry, these are the stocks to watch. The post 7 Stocks to Watch as Omicron Takes Aim at the Holiday Travel Recovery Story appeared first on InvestorPlace.

7 Stocks to Watch as Omicron Takes Aim at the Holiday Travel Recovery Story

The stock market has cleared carriers like Delta Air Lines for takeoff after omicron selling, and traffic is up, but the Covid profit path will be bumpy.

Airline stocks are up, and even with a bumpy Covid profit path, carriers may finally be good investments

DALLAS, Dec. 8, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today is giving Customers an ability to purchase the gift of travel and an early summer vacation as it extends its bookable flight schedule through June 4, 2022. The carrier announced it is adding new and returning routes to the schedule, bringing more access to destinations across the Southwest® network.

Book Today: Southwest Airlines Extends Flight Schedule Through June 4, 2022

Booking Hlds

Expedia

Hyatt Hotels

Hilton Worldwide Holdings

Marriott

U.S. travel and leisure stocks surged on Wednesday after BioNtech SE and Pfizer Inc said a three-shot course of their COVID-19 vaccine was able to neutralize the new Omicron variant.

U.S. travel stocks jump as new vaccine data eases Omicron fears

Southwest raised its revenue forecast for the last three months of 2021.

Southwest Airlines says travel demand is improving, forecasts fourth quarter profit

Shares of Southwest Airlines Co. LUV, -0.77% surged 1.3% in premarket trading Wednesday, after the air carrier raised its outlook for fourth-quarter revenue and cut its estimate for fuel costs. The company now expects revenue for the current quarter to be down 10% to 15% from the same period in pre-pandemic 2019, compared with previous guidance for a decline of 15% to 25%.

Southwest Airlines stock rallies after revenue outlook raised, fuel cost estimate cut

Southwest Airlines (LUV) closed the most recent trading day at $45.21, moving -0.77% from the previous trading session.

Southwest Airlines (LUV) Stock Sinks As Market Gains: What You Should Know

New travel restrictions prompted by the Omicron coronavirus variant have dealt a setback to the nascent recovery in international flights, creating delays and headaches in some regions, according to airline and airport officials. The flurry of new testing rules and border closings have raised concerns ahead of the important Christmas travel season, although some airline.

International air travel recovery faces Omicron turbulence

DALLAS, Dec. 7, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2021 Investor Day. Southwest will be webcasting the presentation live, and a link to the webcast will be made available via the Investor Relations homepage on the Southwest Airlines website.

Southwest Airlines Co. 2021 Investor Day

Discovery of the Omicron Covid variant has sent airline equities plummeting.

Omicron Has Created Great Buying Opportunities In Airline Equities

S&P Global

In 2020, GAAP earnings fell 30% YoY compared to an 18% fall for Core Earnings. In 2021, GAAP earnings rose 81% through 3Q21 compared to a 46% rise for Core Earnings.

Core Earnings Are More Reliable Than GAAP Earnings

Airline stocks took flight Monday, as some encouraging comments from Dr. Anthony Fauci regarding the omicron variant's severity helped calm investor fears regarding potential future travel restrictions. The U.S. Global Jets ETF JETS, +7.11% jumped 7.2% in midday trading, toward its biggest one-day gain in 13 months, with 43 of 50 equity components gaining ground.

Airline stocks enjoy big, broad bounce after Fauci's encouraging comments on omicron variant

The pandemic has turned the air travel revenue model on its head. Good airline data and a strong digital backbone are essential for recovery.

Airlines are taking flight toward revival thanks to data and tech

DALLAS, Dec. 3, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) (the "Company") today announced Leadership changes and appointments within various departments of the Company.    Operational Leadership Justin Jones is promoted to Senior Vice President Operational Strategy & Design, where he will lead the airline's modernization and operational improvements in this newly created role.

News for Southwest Airlines Stock (LUV)