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.

DALLAS , March 11, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) has been invited to speak at the J.P. Morgan Industrials Conference.

Southwest Airlines to Present at the J.P. Morgan Industrials Conference

American Airlines

Delta Air Lines

United Continental Hlds

U.S. airlines are facing tough financial comparisons after a bumper 2023 but they have a plan. It's one consumers will hate–higher checked baggage fees.

Airlines Need to Boost Revenue. They're Coming for Your Bags.

Southwest Airlines (NYSE: LUV) reported its Q4 results earlier this year, with revenues and earnings above the street estimates. The company reported operating revenue of $6.8 billion, and adjusted earnings of $0.37 per share, compared to the consensus estimates of $6.7 billion and $0.11, respectively.

What's Next For Southwest Stock After A 20% Rise This Year?

Apple

Celsius Holdings

Dell Technologies

Microsoft

NVIDIA

Vistra Energy

Wingstop

As Nvidia Corp. NASDAQ: NVDA continues to lead the S&P 500 higher, even as other big techs such as Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL pull back sharply, some investors are wondering whether Nvidia stock may be overvalued.

Is It Time To Sell These 5 Overvalued Stocks?

DALLAS , Feb. 28, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announces the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines® dedicated to creating more opportunities for Southwest to obtain scalable sustainable aviation fuel (SAF), a critical component in the success of the carrier's goal to replace 10% of its total jet fuel consumption with SAF by 2030. The carrier also announces a $30 million investment in LanzaJet, Inc., a SAF technology provider and producer with a patented ethanol-to-SAF technology and the world's first ethanol-to-SAF commercial plant, as part of the SARV investment portfolio.

SOUTHWEST AIRLINES LAUNCHES RENEWABLE VENTURES SUBSIDIARY TO ADVANCE SUSTAINABLE AVIATION FUEL AND ANNOUNCES INVESTMENT IN LANZAJET

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Southwest Airlines (LUV) is a Top Value Stock for the Long-Term

DALLAS , Feb. 22, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE:LUV) is proud to announce its score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.   It's the airline's ninth consecutive year to earn a top score on the CEI—underscoring the Company's dedication to LGBTQ+ equality.

SOUTHWEST AIRLINES EARNS TOP SCORE IN HUMAN RIGHTS CAMPAIGN FOUNDATION'S 2023-2024 CORPORATE EQUALITY INDEX FOR NINTH YEAR

Southwest Airlines Co.'s stock rose Thursday after it said it reached a tentative agreement with the union that represents 18,000 of its staff that handle baggage, provisions and cargo for the carrier.

Southwest reaches tentative contract with 18,000 transport workers after they rejected an earlier proposal

DALLAS , Feb. 22, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the Transport Workers Union Local 555 (TWU 555) today reached a Tentative Agreement for a new labor contract. TWU 555 represents nearly 18,000 Southwest Airlines® Ramp, Operations, Provisioning, and Cargo Agents.

SOUTHWEST AIRLINES ANNOUNCES TENTATIVE AGREEMENT WITH TWU 555

Southwest Airlines (LUV) benefits from a recovery in air-travel demand. Expenses related to fuel prices and labor and airport costs weigh on the bottom line.

Southwest Airlines (LUV) Rides on Air Travel Demand, Costs Ail

Partnership builds on Southwest's support of up-and-coming creatives   DALLAS , Feb. 19, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) returns as the Official Airline of Luck Reunion, an exclusive music festival held at Willie Nelson's "Luck, TX," ranch outside Austin, Texas. Through this partnership, Southwest® is hosting the fifth installment of the signature On The Rise to Luck program, dedicated to supporting up-and-coming artists; offering music fans the opportunity to attend the unique event through a sweepstakes; and engaging with festival attendees by offering surprises and giveaways.

SOUTHWEST AIRLINES RETURNS AS OFFICIAL AIRLINE OF LUCK REUNION AND ANNOUNCES ARTIST ON THE RISE FINALISTS

Southwest nearly doubles footprint of hangar and modernizes spaces where Technical Operations Employees maintain the carrier's fleet DALLAS , Feb. 16, 2024 /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) is celebrating the completion of a multi-year, $100 million project, which nearly doubles the size of the airline's maintenance hangar at Phoenix Sky Harbor. The 90,000-square foot expansion adds three new aircraft bays to the facility, allowing the airline to work on up to five aircraft simultaneously and brings more maintenance shops to support the nearly 500 Southwest® Technical Operations Employees based at Sky Harbor.

SOUTHWEST AIRLINES CELEBRATES EXPANDED TECHNICAL OPERATIONS FACILITY IN PHOENIX

Alaska Air Group

Alaska Airlines flight attendants voted in favor of authorizing a strike Tuesday, following similar votes by workers at American Airlines, Air Wisconsin and Southwest in recent months, and on the same day thousands of flight attendants coordinated rallies for new contracts and higher pay at 30 airports—though launching a strike could be legally complicated.

Here's Why Thousands Of Flight Attendants Are Threatening To Strike

Flight attendants picketed around the U.S. Tuesday to demand higher pay and better working conditions.

Pilots got their payday. Now flights attendants are pushing airlines for higher wages

DALLAS , Feb. 13, 2024  /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) proudly celebrates its recognition on Fortune World's Most Admired Companies™ 2024 list 1 . The carrier ranked No.

SOUTHWEST AIRLINES CELEBRATES RECOGNITION ON FORTUNE WORLD'S MOST ADMIRED COMPANIES™ 2024 LIST

Boeing

Even one of Boeing's most loyal customers, Southwest Airlines, is looking again at the risks.

Southwest Airlines Flags a New Boeing Risk in 10-K Annual Report

Southwest flight schedule now available for booking through Nov. 2, 2024 Seasonal service added between Nashville and Richmond, Va., and between Memphis, Tenn.

SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH EARLY NOVEMBER

Merck

Seagate Technology Holdings PLC

Earnings season is well underway, and the winner-and-loser separation continues to grow. Of the companies that beat consensus analyst estimates, even fewer go well beyond and exceed analyst expectations.

3 companies that more than doubled analyst EPS estimates

Redesigned aircraft cabin interior featuring RECARO aircraft seats to debut in early 2025 Existing Boeing 737 MAX 8 and -800s to include onboard power ports and larger overhead bins Uniform refresh process underway to bring newly-designed apparel to Employees DALLAS , Feb. 2, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) is onboarding a new look and feel with plans for redesigned aircraft cabin conveniences and interiors that are distinctly Southwest® and will feature new aircraft seats from RECARO. Alongside these efforts, Southwest announces an Employee uniform refresh that will bring a modern look to more than 53,000 Southwest Employees.

SOUTHWEST AIRLINES PLANS CUSTOMER EXPERIENCE ENHANCEMENTS AND MODERNIZATION OF BRAND ELEMENTS WITH A REDESIGNED CABIN, NEW SEATS, AND A UNIFORM REFRESH

American Airlines Group Inc. NASDAQ: AAL is pulling back after its January 25 post-earnings gap higher. However, Wall Street sees reasons to buy not only American Airlines but other stocks in its industry.

3 reasons airline stocks are a buy right now

Southwest Airlines (LUV) is expected to add more routes from Kansas City and San Francisco for football game in Las Vegas.

Southwest Airlines (LUV) to Add More Routes to Las Vegas

DALLAS , Jan. 31, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on March 6, 2024, on all shares then issued and outstanding. The quarterly dividend will be paid on March 27, 2024.

SOUTHWEST AIRLINES DECLARES 180th QUARTERLY DIVIDEND

Airbus SE

Southwest Airlines has no plans to diversify its fleet towards Airbus aircraft and still wants to eventually take delivery of the Boeing 737 MAX 7 planes it has ordered, Vice President Treasurer Dean Jenkins said on Tuesday.

Southwest Airlines not looking to shift to Airbus aircraft, still want Boeing MAX 7s

Las Vegas' largest airline adds more flights and itineraries from Kansas City and San Francisco for fans to travel to the biggest football game of the year! DALLAS , Jan. 28, 2024 /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) is gearing up for the Big Game weekend in Las Vegas with more flights for football fans in Kansas City and San Francisco.

SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME IN LAS VEGAS

Southwest Airlines Co. (LUV) Q4 2023 Earnings Call Transcript

News for Southwest Airlines Stock (LUV)