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.

The airline will launch flights to the main airports for Miami, Chicago, and Houston in the months ahead as it ramps up efforts to attract more business travelers.

Southwest Airlines Adds More Big Hub Airports to Its Route Network

Southwest (LUV) plans to launch services from Chicago O'Hare and Houston's George Bush airport in the first half of 2021.

Southwest (LUV) to Solidify Presence in Chicago & Houston

Pilots and flight attendants are both gearing up for a fight as the airline looks to cut costs and avoid furloughs.

Southwest Pilots Fire Back at Company's Push to Cut Pay

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

The second quarter was the worst financial hit in the history of the airline industry. The third-quarter results won't be much better.

US airlines lost a combined $12 billion last quarter. And this quarter won't be much better

Southwest Airlines is set to offer flights from Chicago's O'Hare International Airport for the first time, Crain's Chicago Business reports.

Southwest to fly from O'Hare in Chicago for first time: report

Southwest Airlines announced a surprise move into Houston and Chicago's largest airports, a strategy shift that would expand it's presence in United hubs.

Southwest is expanding in United hubs in Houston and Chicago

DALLAS, Oct. 12, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced plans to expand its footprint in Chicago and Houston to give more travelers access to Southwest's iconic Hospitality, low fares, and Customer-friendly policies. Chicago O'Hare International Airport...

Southwest Airlines To Add Service At Chicago O'Hare International And Houston George Bush Intercontinental Airport

As leisure demand gradually picks up, Southwest (LUV) plans to start services on multiple routes, upon government approval.

Southwest (LUV) to Begin Winter Services On Multiple Routes

DALLAS, Oct. 12, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is working with the Stanford University School of Medicine to review the carrier's multi-layered approach to supporting the well-being of Customers and Employees during the ongoing COVID-19 pandemic. The Southwest...

Southwest Airlines Collaborating with Stanford University School of Medicine for Guidance Regarding the Southwest Promise

Southwest Airlines' pilots union scoffed at a company proposal to cut pay rates 10% in exchange for no furloughs through 2022.

Southwest pilots' union bristles at 10% pay cut proposal

By comparison with the third quarter of 2019, this year’s third quarter will represent more than a $15 billion reversal of fortune.

There Will Be Blood. This Week U.S. Airlines Will Begin Reporting How Big Their Third Quarter Losses Were

Booking Hlds

Expedia

IHT Wealth Management’s Yussef Gheriani gives his bullish case based on pent up demand.

These travel plays may boost your portfolio – with one major exception

It's been a long, difficult year for the airlines. Is now a good time to buy in?

Should You Buy or Sell Airline Stocks Right Now?

DALLAS, Oct. 8, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today primed its winter flight schedule for seekers of sun and snow with service details for new destinations in Florida, California, and nestled in the Colorado Rockies. The carrier announced new seasonal service to...

Southwest Airlines Announces New Service to Miami, Palm Springs, and Montrose (Telluride), Colorado, with one-way fares as low as $39

Some 43 commercial carriers have suspended or ended their operations since January, compared with 46 in all of last year and 56 failures in 2018.

Dozens of airlines have failed since start of COVID-19 crisis

US Global Jets ETF

The increased chances of relief for the airlines propelled those stocks higher on Wednesday. Matt Maley of Miller Tabak and Steve Chiavarone of Federated Hermes discuss what's next.

As airline stocks rally on revived relief hopes, charts highlight one key bullish level

The worst is not over for airlines even though huge government packages saved them when air travel was halted due to the coronavirus, analysts said.

Over 40 airlines have failed so far this year — and more are set to come

Alaska Air Group

In light of President Trump urging Congress to promote aid for airlines, three airline stocks that have a cash-to-debt ratio of at least 0.5 and are modestly undervalued based on the GuruFocus Value Line are Southwest Airlines Co. (NYSE:LUV), Alaska Air Group Inc. (NYSE:ALK) and JetBlue Airways Corp. (NASDAQ:JBLU) according to the All-in-One Screener, a Premium feature of GuruFocus.

3 Airline Stocks to Consider on Stimulus Hopes

Air travel demand remains weak and additional federal aid still hasn't shown up.

Southwest Airlines to Ask Unions for Concessions as Stimulus Hopes Hang by a Thread

"We need to have a great air business. Why do we want to wreck it?

Booking Holdings CEO makes a plea for aid for airline industry: 'Why do we want to wreck it?'

JPMorgan is cautious on the airline industry and reducing its forecasts on the basis of conservative demand.  The Airline Analyst: Jamie Baker upgraded JetBlue Airways (NASDAQ: JBLU) from Underweight to Overweight with a $17 price target.

JPMorgan Projects 50%-Plus Airline Revenue Decline In 2021

Southwest Airlines is poised to cut payroll costs to eliminate a large portion of a current $17 million daily cash burn rate.

Southwest Airlines: What Now Without Stimulus

Spirit Airlines

President Trump is on board for a new round of industry-specific aid.

Why Airline Shares Took Off at the Open Today

Southwest's (LUV) flight attendants reject pay-cut proposal to avoid furloughs; TWU local president says flight attendant concessions may not have much impact on Southwest's daily cash burn.

Southwest (LUV) Flight Attendants Object to Pay-Cut Proposal

Choice Hotels Int.

Hyatt Hotels

Hilton Worldwide Holdings

InterContinental Hotels Group

Marriott

Park Hotels & Resorts

Red Lion Hotels

Extended Stay America

Marriott Vacations Worldwide

Wyndham Hotels & Resorts Inc

Wyndham Destinations Inc

Business travelers have historically generated more than half, and in some cases as much as 75% of carriers’ profits. Deepening pessimism over when they'll hit the road again has profound implications for airlines.

News for Southwest Airlines Stock (LUV)