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.

Alaska Air Group

Delta Air Lines

JetBlue Airways

Merck

Spirit Airlines

United Continental Hlds

Delta Air Lines (DAL) management's commentary that its ticket sales are improving bodes well.

U.S. Aviation Stocks Gain After Update on Merk's COVID-19 Pill

American Airlines

The airline industry is recovering from the Covid pandemic but losses are set to continue into 2022.

Global airline industry is expected to cut losses in 2022 by 78% to $12 billion in slow pandemic recovery

The shares of Southwest Airlines Co (NYSE:LUV) are up 3.4% at $56.10 at last check, after the company earned an upgrade from Barclays to "overweight" from "equal weight," as well as a price-target hike to $75 from $64, which is roughly 38% higher than its last close.

Southwest Airlines Stock Takes Off After Barclays Upgrade

Barclays analyst Brandon Oglenski upgraded Southwest Airlines Co (NYSE:LUV) to Overweight from Equal Weight and raised the price target to $75, from $64, implying an upside of 37.96%. Oglenski says that while the recovery has taken longer than expected, "bluer skies ahead for airlines.

Barclays Upgrades Southwest To Overweight, Sees 38% Upside

Airbnb

Booking Hlds

Carnival

Expedia

Hyatt Hotels

Hilton Worldwide Holdings

Norwegian Cruise Line

Royal Caribbean Cruises

Some beaten-down sectors started the month right.

The Stock Market's October Surprise Could Be Positive

Frontier Group Holdings

JPMorgan analyst Jamie Baker upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Overweight from Neutral and raised the price target to $22 (implying an upside of 32%), from $20.  Southwest Airlines Co (NYSE:LUV) upgraded to Overweight from Neutral and raised the price target to $70 (implying an upside of 30%) from $64.

JPMorgan Raises Price Target For Frontier Group, Southwest, Alaska Air; Downgrades Spirit Airlines

DALLAS, Sept. 28, 2021 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) joins Walt Disney World ® Resort with a special co-branded commemorative aircraft honoring  50 years of connecting people with memories and magic, as each company celebrates a 50th anniversary in 2021.

Southwest Airlines And Walt Disney World Resort Celebrate 50th Anniversary Of Both Iconic Brands With Commemorative Aircraft

Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bullish stance on Southwest Airlines. And retail traders should know.

Tracking Southwest Airlines's Smart Money Trades

Allegiant Travel Company

Mesa Air Group Inc.

Airline stocks are widely viewed as major beneficiaries of a global reopening. But some carriers look better than others, especially in the face of Delta-variant turbulence.

Best Airline Stocks to Buy Amid a Rocky Recovery

Carrier Global

Southwest's incoming CEO Bob Jordan vowed not to repeat disruptions over the summer.

Southwest Airlines' next CEO says carrier will cut flights next year if staffing falls short

Good growth prospects set up Southwest to expand their routes and take market share. A strong balance sheet allowed Southwest Airlines to act counter-cyclical, when others were forced to go with the flow.

Southwest: Tailwind For A Quick Recovery

Rising fuel prices and increasing cases of the Delta variant are hurting Southwest Airlines (LUV) stock.

Here's Why You Should Discard Southwest Airlines (LUV) Now

U.S. airlines with significant international operations are finally getting a break.

Good News for Airlines: The U.S. Will Open to More Foreign Visitors

Disney

MGM Resorts

Boeing

Wynn Resorts

The vaccines working against Covid-19 have created a big rebound in a number of industries. Amid them, let's look at some stocks to buy.

7 Stocks to Buy Following Vaccine Victories

Shares of JetBlue (JBLU), which started flying to London in August, gain 1.91% on Sep 20.

U.S. to Ease International Travel Curbs: Airline Names Take Off

Southwest (LUV) plans to add nearly two dozen new flights to Austin and increase frequencies on its existing Hawaii services in 2022.

Southwest (LUV) to Expand Austin & Hawaii Services in 2022

DALLAS, Sept. 21, 2021 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) shared an update today with its Employees, Customers, and Partners on the progress the airline has made during the last year and its next steps within the diversity, equity, and inclusion (DEI) roadmap.

Southwest Airlines Continues Companywide Commitment Toward Diversity, Equity, And Inclusion

The airline sector fell, but outperformed amid a broader-market selloff, after reports that President Biden will soon lift the travel ban on Europeans, which was put in place early in the COVID-19 pandemic by former president Donald Trump. Stavros Lambrinidis, the European Union Ambassador to the U.S., tweeted Monday, "Hope there'll be a positive announcement soon.

Airline stocks outperform, amid hopes U.S. will lift the EU travel ban 'soon'

DALLAS, Sept. 16, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announced it extended its bookable flight schedule through April 24, 2022, giving Customers the ability to plan and book their early 2022 travel at Southwest.com.

Book Today: Southwest Airlines Extends Flight Schedule Through April 24, 2022

Southwest Airlines told staff that the new vaccine incentives were "unrelated" to President Biden's vaccine rules for large employers, per CNBC.

Southwest Airlines is giving fully vaccinated staff 16 hours extra pay - and cutting special sick pay for unvaccinated workers who catch COVID-19, a report says

Southwest Airlines on Wednesday introduced new incentives to get staff vaccinated against Covid-19, following similar policies that had been in place at other airlines earlier this year.

Southwest Airlines rolls out new Covid-19 vaccine incentives for staff

Southwest (LUV) names chief operating officer Mike Van de Ven as the company's new president upon Tom Nealon's retirement.

Southwest (LUV) Chooses New President as Tom Nealon Departs

Southwest Airlines Co. LUV, +1.73% said late Monday that its president, Tom Nealon, is stepping down effective immediately but will stay on as a strategic advisor. The board appointed Chief Operating Officer Mike Van de Ven president, effective immediately.

Southwest Airlines names Van de Ven president as Nealon steps down

DALLAS, Sept. 13, 2021 /PRNewswire/ -- Today, Southwest Airlines Co.  (NYSE: LUV) announced the following leadership changes.

Southwest Announces Leadership Changes

DALLAS, Sept. 13, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) announces its Employees, Customers, friends, and partners completed and logged a collective one million Acts of Kindness, achieving a goal Southwest® had set to meet by the end of this year in recognition of the airline's 50th anniversary.

News for Southwest Airlines Stock (LUV)