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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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 Airlines is experiencing reduced pricing power because airlines have added flights and seats.

Southwest Expects Lower Pricing Power as Airlines Add Capacity

Southwest Airlines stock is choppy Wednesday after the company cut its revenue guidance for the second quarter. Here's what you need to know.

Southwest Airlines Cuts Q2 Revenue Outlook Amid Higher Costs

Southwest Airlines Co.'s stock reversed early losses to trade slightly higher Wednesday, after the carrier lowered its second-quarter revenue guidance in a dynamic environment.

Southwest Airlines' stock reverses losses to trade higher after company cuts revenue guidance

Southwest said the revenue per mile outlook is worsening mostly due to the difficulty of adapting its pricing to “current booking patterns in this dynamic environment.”

Southwest cuts revenue outlook despite booming demand, blames ‘booking patterns'

Southwest Airlines (LUV) shares fell Wednesday as the carrier slashed its guidance because of softer bookings.

Southwest Airlines Cuts Outlook on Slower Bookings

WEST PALM BEACH, Fla. , June 26, 2024 /PRNewswire/ -- Elliott Investment Management L.P.

Elliott Statement on Southwest Airlines' Revenue Guidance Reduction

Southwest Airlines Co (NYSE:LUV) cut its fiscal second-quarter forecast today, as the industry struggles to predict demand trends.

Southwest Sock Gaps Lower on Slashed Forecast

Southwest Airlines Co (NYSE:LUV) stock fell more than 3% after the airline cut its second quarter revenue forecast and projected higher expenses. It now expects revenue per available seat mile, how much it brings in for every seat if it flies one mile, will be down between 4% and 4.5% year-over-year, up from its earlier forecast of a drop between 1.5% and 3.5%.

Southwest Airlines stock dips after airline cuts quarterly revenue forecast

Southwest Airlines Co (NYSE: LUV) is facing a turbulent start to the day, with its stock trading down 4% in pre-market trading. The sharp decline comes after the company revised its Q2 2024 revenue forecast, expecting a year-over-year decline in revenue per available seat mile (RASM) of 4.0% to 4.

Southwest Airlines stock falls after lowering its Q2 revenue forecast: Should you buy?

Southwest cut its second-quarter revenue forecast, citing changing booking patterns. The airline also said its unit expenses, excluding fuel, would be up as much as 7.5% over the year earlier period.

Southwest Airlines cuts revenue forecast

Southwest Airlines on Wednesday lowered its second-quarter forecast for revenue per available seat miles (RASM), a proxy for pricing power, as the domestic carrier struggles to predict a change in demand environment.

Southwest flags lower unit revenue forecast as demand stays uneven

Airline launches 10-week sweepstakes in partnership with local Chambers of Commerce and Convention and Visitors Bureaus DALLAS , June 25, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today launches the Summer of Go sweepstakes, which offers Customers weekly chances to win 1 of 10 destination prize packages to attractive leisure destinations. Beginning today, Customers can visit Southwest.fm/SummerofGo to learn more and enter for a chance to win.

IT'S THE SUMMER OF GO! SOUTHWEST AIRLINES HIGHLIGHTS LEISURE TRAVEL DESTINATIONS AND OFFERS CUSTOMERS THE CHANCE TO WIN WEEKLY GETAWAY PRIZE PACKAGES

Deutsche Lufthansa AG

Investors interested in stocks from the Transportation - Airline sector have probably already heard of Deutsche Lufthansa AG (DLAKY) and Southwest Airlines (LUV). But which of these two stocks offers value investors a better bang for their buck right now?

DLAKY vs. LUV: Which Stock Is the Better Value Option?

A Southwest Airlines flight dropped to just 525 feet above the ground on Wednesday. The incident prompted an altitude warning and an FAA investigation.

A Southwest flight dropped to just 525 feet above an Oklahoma town, prompting an altitude warning and FAA investigation

A Southwest Airlines Boeing 737-800 passenger plane flew around 500 feet from the ground in Oklahoma City following a missed landing approach, reports say.

Southwest flight heading for Oklahoma City dives to 500 feet above neighborhood

The Federal Aviation Administration (FAA) said on Thursday it is investigating a Southwest Airlines flight that descended to a low altitude 9 miles (14.5 km) from the Oklahoma City airport.

US FAA probes low-flying Southwest Airlines flight near Oklahoma City

We also talk about -- what else? -- tall buildings.

Southwest Airlines Faces a Shake-Up

An activist investor has bought a big stake in Southwest Airlines and is asking for major changes. Elliott Management wants a new CEO and a total review of Southwest's business model.

Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like

DALLAS , June 18, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) continues its birthday celebration with a sale on flights starting as low as $53 one-way in honor of the carrier turning 53. Starting today through June 20, 2024, Customers can book these fares for their next getaway for continental U.S. travel between August 6 and December 18, 2024, and Hawaii, international, and San Juan, Puerto Rico travel between August 20 and November 20, 2024.

SOUTHWEST AIRLINES CELEBRATES BIRTHDAY WITH FARES AS LOW AS $53 ONE-WAY

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Despite talk of the “revenge travel” trend cooling down, recent headlines strongly suggest that travel demand is coming back with a vengeance. Or, at the very least, holding steady at elevated levels.

7 Travel Stocks to Buy as a Summer Surge Sees Record Trips

News comes as US regulators investigate separate incident after Boeing 737 Max 8 plane did a ‘Dutch roll' in May

FAA investigates after Southwest plane drops to ‘within 400ft' of Pacific Ocean

A Boeing 737 Max suffered damage to parts of the plane's structure after it went into a "Dutch roll" during a Southwest Airlines flight last month, U.S. investigators said Friday.

A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say

Boeing

The National Transportation Safety Board said Friday it is opening an investigation into a May 25 in-flight oscillation event involving a Boeing 737 MAX operated by Southwest Airlines.

US NTSB opens probe into Southwest Boeing 737 MAX in-flight event

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Southwest Airlines LUV 1.39%increase; green up pointing triangle is flying through an identity crisis. Expect turbulence.

News for Southwest Airlines Stock (LUV)