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

Ryanair Hlds

United Continental Hlds

To counteract the drop in demand caused by the rapidly spreading coronavirus, airlines are reducing capital expenses, discretionary operating costs as well as suspending share buybacks.

Airlines Cut Costs: Will it Offset Coronavirus-Led Low Demand?

Alaska Air Group

Spirit Airlines

Leading U.S. airlines on Tuesday ditched 2020 forecasts and unveiled more sweeping capacity cuts and cost-saving measures in response to the spreading coronavirus, while United Airlines  warned of a deep hit to the sector.

U.S. airlines see distant recovery as coronoavirus hits travel

A number of carriers announce strong moves designed to counter a coronavirus-induced travel slump.

Why Airline Shares Are Climbing Today

International and domestic schedules to be trimmed until travel demand returns.

Airlines Announce Sweeping Cuts to Combat Coronavirus Travel Slump

Southwest Airlines Co.'s LUV, -4.61% Chief Executive Gary Kelly told the airline's employees that he will take a 10% pay cut, as the company faces the worst downturn in decades as a result of the coronavirus outbreak, according to a report in The Wall Street Journal.

Southwest CEO to take 10% pay cut in response to 'severe recession' for industry from COVID-19--WSJ

Carnival

JetBlue Airways

Norwegian Cruise Line

Royal Caribbean Cruises

Cruise line and airline stocks, from Delta Air Lines to Carnival, sold off Monday amid a coronavirus-related U.S. travel warning as well as an oil price war.

Cruise Line, Airline Stocks Slammed Amid U.S. Travel Warning, Oil Price War

Coronavirus Selloff: Stocks To Buy

Coronavirus has sent airline shares tumbling. Is now a good time to buy in?

Should You Buy or Sell Airline Stocks Right Now ? (Mar 08)

The Trump administration is weighing tax relief for airline, cruise and travel industries to help such companies cope with a growing coronavirus outbreak that has dried up bookings, a source familiar with the plan said on Friday.

White House considers tax relief for airlines, travel firms amid coronavirus

Evaluating Southwest Airlines Using Defensive Or Enterprising Criteria

Hawaiian Hlds

There are rumors that the White House is mulling a coronavirus bailout of the airline industry.

Why Alaska Air, Hawaiian Holdings, and Other Airline Stocks Just Popped

Southwest Airlines (LUV) expects first-quarter 2020 operating revenues to decline between $200 and $300 million.

Southwest Airlines Down on Coronavirus-Induced Q1 RASM View

One transportation analyst told CNBC Friday that the impact of the coronavirus on airlines echoed what was seen after the 9/11 attacks.

Coronavirus impact on airlines 'has a 9/11 feel,' analyst says

Southwest Airlines Co  said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting it to cut its quarterly revenue outlook.

Southwest Airlines sees first-quarter revenue hit on coronavirus fears

Booking Hlds

Legendary investor Peter Lynch developed a simple but interesting chart to measure how a stock’s price compares to its intrinsic value.

Peter Lynch Travel Stocks to Pick Up on Coronavirus Lows

"9/11 wasn't an economically driven issue for travel. It was more fear, quite frankly, and I think that that's really what's manifested this time," Southwest CEO Gary Kelly said.

Southwest CEO says coronavirus-driven fear of flying has a '9/11-like feel'

The coronavirus could wipe out up to $113 billion in worldwide airline revenues this year, a trade group said, a significant blow to an industry already hurt by the Boeing crisis.

‘Almost Without Precedent’: Airline Industry Hit Hard by Coronavirus

Southwest cut its revenue forecast, United and JetBlue slash flying to combat coronavirus-related drop in demand.

Cut flights, unpaid leave and hiring freezes: Airlines race to stem impact from coronavirus

Airline stocks fell as Southwest issued a Q1 warning due to coronavirus, after United slashed flights worldwide and a trade group predicted steeper losses.

Southwest's Sharp Reversal On Key Metric Adds To Escalating Coronavirus Alarms

A failure in Europe and a new estimate of lost revenue from the coronavirus add to the pain of investors in the sector.

Why Shares of Airline Stocks Are Falling Today

Deutsche Lufthansa AG

International Consolidated Airlines Group SA

Even if the virus is contained experts predict losses of $63 billion, more than double an earlier projection.

Airlines could lose $113B in revenue to coronavirus epidemic

Airline stocks were suffering a broad selloff Thursday, as the coronavirus outbreak has led to U.S. flight reductions, unit revenue warnings and the collapse of a U.K. air carrier.

Airline stocks in broad slump after United reduces flights, Southwest warns on unit revenue

Investors need to pay close attention to Southwest Airlines (LUV) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Southwest Airlines (LUV) Stock?

Southwest Airlines Co  said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the coronavirus outbreak, prompting it to cut its quarterly revenue outlook.

Southwest Airlines sees first-quarter revenue hit from coronavirus outbreak

Southwest Air Co (NYSE: LUV) 8-K filing shows warning "in recent days, the company has experienced a significant decline in customer demand, as well as an increase in trip cancellations" likely related to coronavirus concerns.

News for Southwest Airlines Stock (LUV)