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

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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.

DALLAS, Oct. 10, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) and the Hispanic Association of Colleges and Universities (HACU) celebrate 19 years of the ¡Lánzate!/Take Off! Higher Education Travel Award Program and the 2023 recipients of airline tickets while in school. Southwest Airlines® and HACU awarded 185 students four round trip tickets to stay connected with their loved ones and community while pursuing higher education.

SOUTHWEST AIRLINES AND THE HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES AWARDS ROUND TRIP FLIGHTS TO COLLEGE STUDENTS

American Airlines

Delta Air Lines

Hawaiian Hlds

Ryanair Hlds

SkyWest

United Continental Hlds

Airline stocks are always exciting for investors to consider. On one hand, airliners are highly cyclical businesses, creating risk for investors to monitor.

7 Airline Stocks Ready to Fly High

The deal covers more than 480 Southwest Airlines (LUV) employees and becomes amendable in April 2026.

Southwest Airlines (LUV) & IBT Approve New Collective Deal

JetBlue Airways

Major airlines have canceled flights to and from Tel Aviv.  Palestinian militant group Hamas launched an unprecedented attack on Israel on Saturday.

Major airlines suspend flights to Tel Aviv after Hamas attack

Shares of airline companies took a hit Monday, particularly those of the legacy international carriers, in the wake of Hamas' attack on Israel. The U.S. Global Jets ETF JETS, +0.48% shed 1.4% in premarket trading, while futures ES00, -0.55% for the S&P 500 SPX, +1.18% declined 0.5%.

Airline stocks fall as the attack of Israel by Hamas ‘may impact travel'

The latest trading day saw Southwest Airlines (LUV) settling at $27.08, representing a -0.88% change from its previous close.

Southwest Airlines (LUV) Stock Dips While Market Gains: Key Facts

DALLAS , Oct. 6, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today that its Material Specialists, represented by the International Brotherhood of Teamsters, ratified a new collective bargaining agreement.   "Our Material Specialists support the Safety and integrity of our fleet and ground equipment by providing the tools and parts needed for maintenance," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines®.

SOUTHWEST AIRLINES MATERIAL SPECIALISTS APPROVE NEW CONTRACT

Airline to launch Customer sweepstakes, custom inflight entertainment content, and surprise and delight moments DALLAS , Oct. 6, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) announces a partnership with DreamWorks Animation's "Trolls Band Together," a new film that embarks on a heartfelt journey to reunite characters Poppy and Branch with long-lost family members as they travel to new lands and create lasting friendships along the way. To celebrate the partnership Southwest today unveiled a Boeing 737-700 aircraft emblazoned with some of the film's beloved Trolls characters on the outside of the aircraft.

SOUTHWEST AIRLINES UNVEILS SPECIAL TROLLS-THEMED AIRCRAFT TO CELEBRATE DREAMWORKS ANIMATION'S NEW MOVIE "TROLLS BAND TOGETHER"

Southwest Airlines (LUV) reachead $27.32 at the closing of the latest trading day, reflecting a +0.44% change compared to its last close.

(LUV) Advances While Market Declines: Some Information for Investors

Southwest Airlines' (NYSE: LUV) pilots' union claims the company's scheduling failures have brought it to a breaking point.

Southwest Airlines' Pilots Have Had Enough. Should Shareholders Take Another Look?

Southwest lowered revenue guidance in September and said fuel prices would be higher than expected. The airline industry is currently flying into challenging conditions.

Why Southwest Airlines Stock Flew South in September

With a federal government shutdown looming, airline stocks could be negatively affected by the closure. That's because, although air travel wouldn't be canceled during a shutdown, air traffic controllers and other government employees who facilitate air travel will not be paid during the shutdown.

Airline Stocks Alert: What a Government Shutdown Means for Air Travel

If we look at stock returns, United Airlines, with 13% returns this year, has fared better than American Airlines, up 0%, and the broader S&P 500 index, up 11%.

Which Airlines Stock Will Offer Better Returns – American Or United?

Canadian National Railway Company

Canadian Pacific Kansas City Limited

While up on the year, transportation stocks continue to trail the market. The S&P Transportation Index is up 10% in 2023, but over five years, the index is up only 12%.

Ticking Time Bombs: 3 Transportation Stocks to Dump Before the Damage Is Done

Allegiant Travel Company

The skies haven't exactly been clear for the aviation world. Casting our gaze back, we recall the catastrophic impact of the pandemic, a time when the sector came to an abrupt halt, and carriers had to grapple with long spells of contracted operations.

Ticking Time Bombs: 3 Airline Stocks to Dump Before the Damage Is Done

Southwest Airlines Co. has faced numerous challenges, including an operational meltdown and self-inflicted internal issues. The airline has made efforts to fix its operational problems and improve its performance, but its complaint ratio remains elevated. Southwest is also dealing with higher fuel costs and labor cost challenges.

Southwest Airlines Suffers Through Its Annus Horribilis (Rating Upgrade)

Alaska Air Group

US Global Jets ETF

The airline sector was suffering another broad selloff Tuesday, amid worries over how a government shutdown will hurt the industry and as falling ticket prices raise concerns over profitability.

Airline stocks fall again, with Southwest and JetBlue shares at multiyear lows

Three lawyers at Southwest Airlines have received a last-minute reprieve from a judge's order requiring them to attend a "religious-liberty training" set to be conducted on Tuesday by the conservative Christian legal group Alliance Defending Freedom.

Southwest Airlines lawyers win reprieve from religious liberty training order

DALLAS , Sept. 26, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today launched one of its largest sales of the year as part of its Week of WOW.

SOUTHWEST AIRLINES CELEBRATES WEEK OF WOW WITH 50% OFF LIMITED BASE FARES AND DAILY DEALS FOR FALL AND WINTER TRAVEL

Carrier recognized for continued innovation efforts that enhance the Customer Experience  DALLAS , Sept. 22, 2023 /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) celebrates earning 2023 recognition by Fortune as one of America's Most Innovative Companies.

SOUTHWEST AIRLINES RANKED BY FORTUNE AS ONE OF AMERICA'S MOST INNOVATIVE COMPANIES

The sector's shares are on an awful run and turbulence in Congress is the last thing the industry needs right now.

Airline Stocks Soared in the Last Government Shutdown. Why This Time Is Different.

Southwest Airlines Co. faces challenges due to rising oil prices, labor costs, and uncertain travel demand. Despite setbacks, Southwest has shown resilience with strong Q2 results and a focus on strategic growth initiatives. The recovery in business travel remains slow, and caution is warranted in the current economic landscape.

Southwest Airlines: Up To 80% Undervalued If It Weren't For Macro Challenges

Mesa Air Group Inc.

The airline industry has been flying high since 2022, thanks to the post-pandemic “revenge travel” trend, but after a rare period of strong operating and stock price performance, now may be the right time to consider what are the airline stocks to sell. Since July, shares in legacy and budget carrier alike have plunged, as soaring labor and fuel costs point to greater uncertainty over future results.

Beware! 7 Airline Stocks Waving Massive Red Flags Right Now

Investors are worried that the postpandemic travel surge will fade.

Cheaper Airfares Squeeze Airline Stocks

Disney

TripAdvisor

Travel stocks have embarked on a remarkable journey in recent times, one that investors are keenly following. With the travel industry slowly regaining its footing after the turbulence of the past couple of years, discerning investors are eyeing opportunities in the market.

News for Southwest Airlines Stock (LUV)