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.

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

Airline stocks tumbled Monday as a fast-spreading Covid strain in the U.K. prompted travel bans in Europe, Canada.

Airline stocks slide as highly contagious Covid mutation in U.K. prompts travel restrictions

Carnival

Norwegian Cruise Line

Royal Caribbean Cruises

Travel-related stocks plunged on Monday as a new COVID-19 strain identified in the UK put a dent in investor optimism around an economic reopening. Surging virus cases and concerns around the new mutation has led to a string of new lockdowns and travel restrictions in the UK. A Tier 4 lockdown hit London on Sunday, which bars people from gathering with other people outside of their households.

Travel stocks plummet as new UK virus strain dents reopening optimism

Shares of U.S. airlines tumbled in premarket trading on Monday as a new fast-spreading COVID-19 strain in Britain renewed fears of widespread travel bans, with many countries barring flights from the United Kingdom ahead of the peak holiday season.

U.S. airline stocks fall as new COVID-19 strain fuels travel ban fears

Allegiant Travel Company

Spirit Airlines

With coronavirus vaccines on the way and air travel demand returning, these airline stocks are well positioned to show gains in 2021. The post 3 Airlines That Will Make a Big Comeback appeared first on InvestorPlace.

3 Airlines That Will Make a Big Comeback

The U.S. Congress members reached a bipartisan agreement on the $900 billion COVID-19 relief package on Sunday, which included much-needed relief aid for the airlines, after elongated negotiations. What Happened: The latest tranche of the relief package includes $15 billion in aid for the airline industry as reimbursement to reinstate payrolls.

Airlines Secure $15B Payroll Reimbursement In Bipartisan COVID-19 Relief Deal

The bipartisan legislative deal expected to be unveiled by U.S. lawmakers on Sunday will grant U.S. airlines $15 billion in new payroll assistance that will allow them to return more than 32,000 furloughed workers to their payrolls through March 31, sources briefed on the matter told Reuters.

U.S. lawmakers expected to back $15 billion in airlines payroll assistance

Boeing

Despite its rock-solid balance sheet and relatively favorable market positioning, Southwest Airlines is deferring more Boeing 737 MAX deliveries beyond 2021.

Southwest Airlines Defers Boeing 737 MAX Deliveries (Again)

Southwest Airlines will resume flying Boeing's 737 Max in March 2021, the airline said Wednesday, two years following the aircraft's worldwide grounding and earlier than previously anticipated. "The company currently estimates that the Max will return to revenue service in March 2021 after all active pilots have received updated, Max-related training," Southwest said in a regulatory filing. CEO Gary Kelly had previously said in a letter to customers that the aircraft would return "no sooner than the second quarter of 2021."

Southwest is speeding up the Boeing 737 Max's return with an earlier start date and 35 new jets in 2021 (LUV)

Southwest Airlines (LUV) does not intend to increase its total fleet size in 2021 from the 2019 level.

Southwest (LUV) Eyes a March Comeback for Boeing 737 MAX Jets

JPMorgan Chase & Co

Many of the stocks now trade near or above Wall Street's price targets.

Do ‘Selective Profit-Taking' in Airline Stocks, JPMorgan Says

Southwest Airlines (LUV) expects operating revenues to decrease 65-75% in December as well as January.

Southwest Airlines (LUV) Shares Decline on Bleak Update

A V-shaped recovery cannot be expected from the airline industry, and I have factored this into my earnings model. There is a common belief that the fear of contracting Covid-19 is the biggest obstacle for the airline industry, but there's reason to believe this is inaccurate.

It's Time To Double Down On Southwest Airlines

U.S. airlines are on the brink of receiving a four-month extension of a government assistance program that is expected to provide another $17 billion to fund payroll costs, congressional aides told Reuters.

U.S. airlines closing in on new government assistance package

Southwest Airlines Co said on Wednesday it expects to take delivery of 35 737 MAX aircraft from Boeing Co through the end of 2021.

Southwest to take delivery of 35 737 MAX jets through end-2021

Shares of Southwest Airlines Co. fell 1.2% in premarket trading Wednesday, after the air carrier said November load factor came in below previous expectations and raised its fourth-quarter estimate for average daily cash burn, as the recent spike in COVID-19 cases has led to lower demand and renewed travel restrictions. The company said November load factor fell to 48% from 55% in October, and was below previously provided guidance of 50% to 55%.

Southwest Airlines stock falls after November load factor miss, raised daily cash burn outlook

Business travelers actually became significantly less satisfied and more apt to complain about poor service or the loss of the more intense levels of personal service they were used to receiving as premium class and high fare-paying travelers.

Covid Schmovid: Several U.S. Airlines Have Improved Their Customer Satisfaction Scores During The Pandemic

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

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.

News for Southwest Airlines Stock (LUV)