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.

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Earnings data Q1 2023

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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.

Fidelity Blue Chip Growth ETF

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Coca-Cola

NIKE

Realty Income Corp

Procter & Gamble

If you're looking for reliability, you can't go wrong with most of the blue-chip stocks.  You get proven businesses that have stood the test of time.

If You Can Only Buy One Blue-Chip Stock in January, It Better Be One of These 7 Names

Delta Air Lines

American Airlines

United Continental Hlds

Airline stocks including Delta, United, American and Southwest were all down Friday.

Airline stocks tumble after Delta trims profit forecast

JetBlue Airways

Airlines in the United States canceled more than 1,200 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states, with forecast of a brutal freeze over the weekend.

U.S. airlines cancel over 1,200 flights due to massive winterstorm

Carnival

Expedia

The future of the U.S. economy is promising, marked by a robust recovery in the travel sector. In fact, spending and air passenger numbers are exceeding pre-pandemic levels.

3 Stocks Transforming the Travel and Tourism Industry

Back on Oct. 19, we looked at 10 airline stocks and ranked them by a core measure of profitability used in the industry. That turned out to be excellent timing, because airline stocks have soared even more than the broad stock market since then.

Airline stocks have had a great run. Here's what analysts expect from here.

Given its better prospects, we believe Delta Air Lines stock (NYSE: DAL) is a better pick than its peer, Southwest Airlines stock (NYSE: LUV). LUV stock is trading at a slightly higher valuation multiple of 0.7x revenues, compared to 0.5x for DAL, partly due to its better financial position, as discussed below.

Gaining 20% In 2023 Will Delta Continue To Outperform Southwest Stock?

DALLAS , Jan. 9, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today launched one of its largest sales of the year as part of its Week of WOW 2024. Today, through Jan. 11, 2024, 11:59 p.m.

SOUTHWEST AIRLINES CELEBRATES WEEK OF WOW WITH UP TO 40% OFF BASE FARES AND DEALS ON HOTELS, CAR RENTALS, AND VACATION PACKAGES

Alaska Air Group

Boeing

Spirit AeroSystems Hlds

Alaska Airlines, United Airlines and Turkish Airlines have grounded their 737 MAX 9 airplanes in the wake of a Friday incident during an Alaska Airlines flight.

What airlines fly the 737 Max 9?

Southwest at long last reached an agreement with its pilot union, months after similar deals between the union and its major rivals. The agreement means higher costs, but investors are happy for the certainty of what is to come.

Why Southwest Airlines Stock Took Flight in December

The latest trading day saw Southwest Airlines (LUV) settling at $28.48, representing a -1.39% change from its previous close.

Southwest Airlines (LUV) Registers a Bigger Fall Than the Market: Important Facts to Note

Southwest Airlines Co  (NYSE:LUV) stock was last seen down 0.8% to trade at $28.65.

Airline Stock Dips on the Heels of $140 Million Fine

Copa Hlds

Ryanair Hlds

SkyWest

2023 saw a recovery in the global airline industry, with travel demand returning to normal levels in most parts of the world.

Buy These Five Top Airline Stocks For 2024

Southwest Airlines (LUV) reachead $29.21 at the closing of the latest trading day, reflecting a +0.21% change compared to its last close.

Southwest Airlines (LUV) Rises Higher Than Market: Key Facts

If the severity of last year's holiday travel meltdown was down to Southwest's outdated technology and ineffective crew scheduling systems, this year's was more like bad luck.

Southwest Airlines Hit by More Holiday Disruption. Why It's Moving in the Right Direction.

Southwest Airlines canceled more than 400 flights across the Christmas weekend due to dense fog. The airline's operation is "stable and healthy" as of Tuesday, with only a few cancelations.

Southwest is back on track after canceling hundreds of flights over Christmas weekend

Index ranks best workplaces in America for Employees to advance their careers   DALLAS , Dec. 21, 2023 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) is proud of its recognition as an Employer Honoree on the 2023 American Opportunity Index, a ranking that measures the effectiveness of companies in developing talent to drive business performance and advance individual Employees' careers. Southwest® ranked as the top airline on the Index for the second consecutive year.

SOUTHWEST AIRLINES NAMED THE TOP AIRLINE FOR JOB GROWTH AND OPPORTUNITY BY THE AMERICAN OPPORTUNITY INDEX

The provisional deal will now be voted upon by Southwest Airlines' (LUV) pilots.

Southwest Airlines (LUV) Inks Tentative Deal With Pilots

Southwest Airlines and its pilot union have struck a tentative agreement for a new contract that would give pilots a significant pay boost over the next four years.

Southwest Airlines, pilot union reach tentative agreement on new contract

US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown.

US airlines say they're ready for record holiday travel

Southwest Airlines (NYSE:LUV) pilots have secured a new tentative contract agreement that includes improved compensation and conditions after more than three years of negotiations. The Southwest Airlines (NYSE:LUV) Pilots Association (SWAPA) board, which represents about 11,000 of the airline's pilots, on Wednesday approved the tentative agreement.

Southwest pilots win significant pay raise in tentative deal valued at $12B

US airlines say they are prepared for busier end-of-year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. More here:

US airlines ready for busier holiday travel after 2022 meltdown

The board of directors of the Southwest Airlines Pilots Association approved a tentative agreement with Southwest on Wednesday in which pilots will receive a 50% pay increase over five years, multiple outlets reported, following large raises for pilots with Delta, United and American Airlines.

Southwest Pilots Will Get 50% Pay Raise Over 5 Years In Tentative Union Agreement

DALLAS , Dec. 20, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) announced today that a Tentative Agreement has been reached with the Southwest Airlines Pilots Association (SWAPA) and will be voted on by the airline's nearly 11,000 Pilots. "Our Pilots are exemplary aviators, and this agreement would give them industry-leading pay rates, and numerous quality-of-life enhancements, while also providing opportunities for operational efficiencies," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines®.

SOUTHWEST AIRLINES PILOTS TO VOTE ON FIVE-YEAR AGREEMENT

Southwest Airlines (LUV) shares wavered between gains and losses Wednesday before finishing 0.9% lower after its pilots union announced it reached a tentative agreement with the airline.

Southwest Pilots Union Members to Vote on $12 Billion Deal

Southwest Airlines Co.'s LUV, -0.90% pilots union on Wednesday said its 11,000-plus members would vote on a tentative agreement with the airline for a big pay hike and better benefits. The pilots will be voting on the tentative deal until Jan. 22, after the board of the union, the Southwest Airlines Pilots Association, voted on Wednesday to send the tentative agreement to the pilots for consideration.

News for Southwest Airlines Stock (LUV)