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

Alaska Air Group

Delta Air Lines

JetBlue Airways

United Continental Hlds

Major U.S. airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans.

Airlines want U.S. Treasury to scrap proposal to make some grant money repayable

Less than 24 hours after the Treasury Department formally extended cash grant offers to the six largest airlines in the U.S., the union representing 120,000 flight attendants is blasting the move with a dire warning.

'This will lead to airline bankruptcies' — flight attendant union furious with Treasury bailout offers

Two weeks after Congress approved a $50 Billion bailout of airlines that earmarked carriers receiving $25 Billion in direct cash grants, it turns out those grants could require airlines to take on more debt.

Airline cash grants offered by federal government could force carriers to take on more debt

Talks for the aid have blown past a Monday deadline to disburse up to $32 billion in grants to airlines and contractors to weather coronavirus.

Treasury Department says larger airlines need to compensate taxpayers for coronavirus aid as talks drag on

U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 billion payroll grant package later this afternoon, people briefed on the matter told Reuters.

Treasury briefing U.S. airlines on $32 billion grant program: sources

President Donald Trump said Thursday that his administration's proposed bailout program for the airline industry may be unveiled this weekend.

Trump says airline bailout proposal could be unveiled this weekend

President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset the impact of the coronavirus outbreak, which sources told Reuters has received around 275 applicants.

Trump says airlines could receive grant details this weekend as sources say around 275 applied

U.S. President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset the impact of the coronavirus outbreak, which sources told Reuters has received around 275 applicants.

Trump says airlines could receive grant details this weekend; sources say around 275 applied

U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government's review of requests for $32 billion in grants from passenger airlines, cargo carriers and airport contractors.

U.S. Treasury chief to brief Trump on aviation aid review

Hawaiian Hlds

Spirit Airlines

The industry gets a double shot of good news concerning the stimulus package and reopening the economy.

Why Shares of Airlines Are Soaring Today

Carnival

Expedia

Hyatt Hotels

Marriott

Norwegian Cruise Line

Royal Caribbean Cruises

TripAdvisor

Hotel, travel, cruise and airline stocks have been punished the worst by the coronavirus outbreak.

Is It Comeback Season for Hotel, Travel, Cruise and Airline Stocks?

U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the "next big thing" to be rolled out after the Federal Reserve announced new lending backstops for mid-size companies and municipal bonds.

U.S. Treasury's Mnuchin says airline aid 'next big thing' to be rolled out

U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters.

Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs - sources

Southwest: My Favorite Airline For Troubled Times

Talks between U.S. airlines and the Treasury Department over  how to award $25 billion in cash grants earmarked for payroll assistance due to the coronavirus outbreak were set to continue into the evening Tuesday, people briefed on the matter said.

U.S. Treasury talks continue on $25 billion in aviation grants

Southwest Airlines Co  said on Tuesday it would publish this week a new flight schedule for June 6 to June 27 with overall flight activity dropping by about 50% while taking into account "different phases of the recovery anticipated ahead."

Southwest building June flight schedule to reflect 'different phases of recovery'

Deutsche Lufthansa AG

International Consolidated Airlines Group SA

Ryanair Hlds

Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry's representative body said airline finances were so fragile they could not afford to refund customers.

Millions of aviation jobs at risk, airlines can't afford refunds: IATA

Warren Buffett (Trades, Portfolio) revealed on Friday that Berkshire Hathaway Inc.

Video: Buffett Curbs Delta, Southwest Stakes After Losing $5.3 Billion on Airline Stocks

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Commentary: Why Airlines Are Giving Freight The Window Seats

The Oracle said he wouldn't sell airline stocks getting crushed by coronavirus, but then he did.

Buffett Pulls Back on Airline Stocks, But Don't Fret ... Yet

Berkshire Hathaway’s latest move in Southwest Airlines is anything but welcome news for other shareholders and sets the stage for future shorting opportunities.
The post Ignore the Smart-Money Canary in Southwest Stock at Your Own Peril appeared first on InvestorPlace.

Ignore the Smart-Money Canary in Southwest Stock at Your Own Peril

At least one flight attendant died and more than 100 have tested positive for COVID-19 so far.

Flight Attendants Call For ‘A Halt To All Leisure Travel’ Amid Coronavirus

U.S. airlines are extending loyalty program benefits and status into 2021 for members homebound because of the new coronavirus.

U.S. airlines ease loyalty programs in coronavirus travel slump

The Oracle of Omaha was a buyer of airline shares a month ago.

Warren Buffett Sells Airline Stocks in An Abrupt Reversal: What Does It Say About the Coronavirus Bear Market?

Senator Chuck Schumer and Speaker Nancy Pelosi are urging Treasury Secretary Steven Mnuchin not to negotiate so aggressively that it deters companies from taking aid to protect workers.

News for Southwest Airlines Stock (LUV)