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.

Southwest (LUV) CEO expects the carrier's net loss in Q4 to be less than the amount incurred in Q3.

Southwest (LUV) CEO Sees a Cloud Cast Over Travel Recovery

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

There's never been a better time to be a shrewd consumer when it comes to booking flights. The coronavirus pandemic has inflicted a devastating 2020 for the industry with consistently subpar flyer numbers lingering for nearly 10 months now and airlines are desperate to get flyers back in the air. Luckily, a perfect combination of cheap flights and flexible booking policies is putting consumers in the driver's seat when booking travel for 2021.

The most flexible US airlines to book for travelers cautiously planning 2021 trips as vaccines offer hope for a return to normal

While analysts expect a recovery for carriers like Delta, United, and American Airlines, it might not be as quick as some hope.

Wall Street Is Starting to Sour on Airline Stocks After a Big Rally

2021 will be a difficult year for airlines as demand starts to recover. Here are five bold predictions for this turbulent time.

Five Bold Predictions For The 2021 US Airline Industry

U.S. airline companies could be in for "the greatest demand recovery since World War II in 2021," according to Deutsche Bank analyst Michael Linenberg, but he argued that their stocks look fairly valued after a big recent run up. Linenberg downgraded shares of American Airlines Group Inc. , Allegiant Travel Co. , Delta Air Lines Inc. , Hawaiian Holdings Inc. , JetBlue Airways Corp. , Southwest Airlines Co. , Spirit Airlines Inc. , Skywest Inc. , and United Airlines Holdings Inc. to hold from buy, writing that that he doesn't see too much room for upside in the sector.

Airline stocks get downgraded at Deutsche Bank

Southwest Airlines approaches the highs from the last few years despite passenger traffic still far below 2019 levels. IATA forecasts traffic not reaching 2019 levels until 2024.

Southwest Airlines: Still More Upside

Southwest Airlines plans to continue adding new markets to its network after announcing about 10 new destinations during the pandemic, CEO Gary Kelly said on Thursday, a strategy that threatens to put rivals like United Airlines on defense.

Southwest planning more new destinations during pandemic, CEO says

DALLAS, Dec. 10, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) extended its bookable flight schedule through Aug. 16, 2021, giving Customers an ability to start booking summer vacations today. As Southwest® continues growing; it will welcome two new airports to its network,...

Book Today: Southwest Airlines' Spring And Summer Schedules Take Off, Bringing Customers New Airports And Nonstop Routes Across The Map

Major U.S. airlines are preparing for a massive airlift of COVID-19 vaccines that will not only boost their cargo business, but help bring back passenger flights that shut down during the pandemic, executives told Reuters.

U.S. airlines say vaccine cargo could help restart passenger flights

Alaska Air Group

GOL Linhas Aereas Inteligentes SA

The likes of American Airlines (AA), United Airlines (UAL) and JetBlue Airways (JBLU) provide drab Q4 updates due to the slowdown in air-travel demand.

Airlines Mired in Multiple Headwinds: Any Silver Lining Ahead?

U.S. airlines carried 62% fewer passengers in October over the same month last year, the U.S. Transportation Department said Tuesday.

U.S. airline passenger traffic down 62% in October: DOT

Southwest Airlines was better positioned than rivals to manage the COVID-19 pandemic, but its stock has rallied too far in recent months.

Why I Sold All of My Southwest Airlines Stock

The carrier is now less likely to face a stronger rival coming out of bankruptcy, Bernstein analyst notes.

Southwest Gets an Upgrade as Outlook for Airlines Brightens

The last bailout package was extremely favorable to airline company shareholders, but investors should not count on similar treatment next time

Will the Next Airline Industry Bailout Be Less Generous?

There is no doubt that the worst is over for airline stocks. The travel and tourism industries will grow as the vaccine reaches the masses.

4 Airline Stocks to Buy as Traveller Numbers Tick Upward

Southwest Airlines (LUV) issues a notice to more than 1,200 pilots and 1,500 flight attendants among others, suggesting that their jobs could be in peril.

Southwest (LUV) Warns More Than 6,000 Employees of Job Cuts

Nearly 7,000 Southwest Airlines employees are facing furlough in the new year after negotiations to temporarily implement pay cuts broke down. The Dallas-based airline confirmed to Business Insider that it issued 6,828 Worker Adjustment and Retraining Notifications, also known as WARN notices, to affected employees on Thursday. Workgroups included pilots, flight attendants, customer service workers, ramp agents, maintenance workers, technicians, and instructors. 

Southwest Airlines is preparing to furlough nearly 7,000 workers for the first time in its history

The airline is calling on workers to take pay cuts to avoid furloughs.

Southwest Airlines Threatens to Furlough Employees for the First Time Ever

Southwest Airlines Co. on Thursday told more than 6,800 employees that their jobs are at risk without concessions from labor unions or federal aid as the pandemic continues to cut demand for air travel, the Wall Street Journal reported. The furloughs, if they come to pass, would be a first in Southwest's history, the report said.

Southwest tells employees it could furlough thousands next year

Southwest Airlines warned 6,800 employees Thursday they may be furloughed in the spring, the airline told CNN.

Southwest warns 6,800 employees of impending layoffs, a first for the airline

Southwest Airlines said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis. The involuntary furloughs will happen on March 15 or April 1, unless Southwest reaches cost-saving agreements or the government enacts a satisfactory Payroll Support Program extension.

Southwest issues layoff warnings to 6,828 employees

Southwest Airlines Co said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis.

Southwest issues layoff warnings to 6,828 employees.

Southwest Airlines could furlough 6,800 workers.

Southwest Airlines warns more than 1,000 pilots, flight attendants could be furloughed

The U.S. passenger and cargo airline industry saw total employment fall by nearly 29,000 workers through the month ending in mid-October as government restrictions on laying off workings expired.

U.S. airlines cut 29,000 workers through mid-October: Transportation Dept

An end to the COVID-19 crisis is finally in sight.

News for Southwest Airlines Stock (LUV)