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 , Feb. 1, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced the promotion of Lauren Woods from Vice President of Technology to Senior Vice President and Chief Information Officer, and she will report to Chief Administration & Communications Officer Linda Rutherford. Since joining Southwest® in 2010, Woods has led key initiatives across Southwest's Technology Department, supporting the Company's Digital and Customer Channels and various Operations Teams and Platforms.

SOUTHWEST AIRLINES APPOINTS LAUREN WOODS TO SENIOR VICE PRESIDENT TECHNOLOGY AND CHIEF INFORMATION OFFICER

DALLAS , Feb. 1, 2023 /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 8, 2023, on all shares then issued and outstanding. The quarterly dividend will be paid on March 29, 2023.

SOUTHWEST AIRLINES DECLARES 176th QUARTERLY DIVIDEND

New York, New York--(Newsfile Corp. - January 31, 2023) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) between June 13, 2020 and December 31, 2022, both dates inclusive (the "Class Period"), of the important March 13, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

LUV NOTICE: ROSEN, THE FIRST FILING FIRM, Encourages Southwest Airlines Co. Investors to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - LUV

American Airlines

Alaska Air Group

Delta Air Lines

JetBlue Airways

US Global Jets ETF

United Continental Hlds

The pure-play airlines ETF U.S. Global Jets ETF (JETS) has gained about 23% past month despite mixed earnings.

Should You Look Past Mixed Earnings & Play Airlines ETF?

Southwest Airlines had massive operational failures over the holidays, canceling nearly 17,000 flights in 10 days. Inclement weather and the failure of outdated computer systems led to widespread consumer outrage, and cost the company hundreds of millions of dollars.

Is Southwest Airlines A Good Investment After Its Epic Holiday Meltdown?

Airlines have canceled hundreds of flights in Texas due to bad winter weather.

Winter weather disrupts hundreds of flights across Texas

This article is reprinted by permission from NerdWallet.

The airline rewards programs that give the most value

Carrier adds more nonstop flights for football fans to cheer on their favorite teams in Phoenix! DALLAS , Jan. 29, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is adding more flights and more ways for football fans to cheer on their favorite team in Phoenix during the big game next month.

BOOK TODAY: SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME

New York, New York--(Newsfile Corp. - January 29, 2023) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) between June 13, 2020 and December 31, 2022, both dates inclusive (the "Class Period"), of the important March 13, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Southwest Airlines Co. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm - LUV

Southwest Airlines Co. (NYSE:LUV ) Q4 2022 Earnings Conference Call January 26, 2023 12:30 PM ET Company Participants Ryan Martinez - VP, IR Bob Jordan - CEO Andrew Watterson - COO Tammy Romo - EVP and CFO Ryan Green – EVP and Chief Commercial Officer Linda Rutherford - Chief Administration and Communications Officer Conference Call Participants Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Brandon Oglenski - Barclays Jamie Baker - JPMorgan Duane Pfennigwerth - Evercore ISI Savi Syth - Raymond James Conor Cunningham - Melius Research Dawn Gilbertson - The Wall Street Journal Kyle Arnold - Dallas Morning News Lori Aratani - Washington Post Chris Isidore - CNN Richard Velotta - Las Vegas Review Journal Operator Good day, and welcome to the Southwest Airlines Fourth Quarter and Full Year 2022 Conference Call. My name is Chad and I will be moderating today's call.

Southwest Airlines Co. (LUV) Q4 2022 Earnings Call Transcript

NEW YORK , Jan. 26, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) between June 13, 2020 and December 31, 2022, both dates inclusive (the "Class Period"), of the important March 13, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Southwest Airlines securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Southwest Airlines Co. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm - LUV

Southwest Airlines Co. on Thursday reported deeper losses than Wall Street's dimmer expectations predicted, marring an otherwise good reporting season for U.S. major air carriers.

Southwest losses deeper than Wall Street's dialed-down hopes, marring bright Q4 for airlines

Southwest Airlines' (LUV) fourth-quarter 2022 revenues benefit from improvement in leisure demand and loyalty program amid the operational disruptions in late December resulting in massive flight cancellations.

Southwest Airlines (LUV) Incurs Wider-Than-Expected Q4 Loss

San Diego, California--(Newsfile Corp. - January 26, 2023) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Southwest Airlines Co. (NYSE: LUV) publicly traded securities from June 13, 2020 to December 31, 2022, both dates inclusive (the "Class Period") have until March 13, 2023 to seek appointment as lead plaintiff in the Southwest Airlines class action lawsuit. Captioned Teroganesian v. Southwest Airlines Co., No. 23-cv-00115 (S.

ALERT: Southwest Airlines Co. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Sherwin-Williams

Pockets of weakness still exist even as the year has started out well for the stock market.

2 Stocks Pointing to a Tough 2023 Ahead

Southwest Airlines reported a fourth quarter net loss Thursday, and warned that another loss is expected for the first quarter of fiscal 2023 due to its holiday operational meltdown.

Southwest projects more losses ahead due to operational meltdown

Southwest Airlines Co (NYSE: LUV), on Thursday, disappointed both in terms of its quarterly results and future guidance. Shares are down 5.0% this morning.

Southwest Airlines customers are keeping loyal despite the holiday meltdown

The airline's holiday meltdown was more costly than investors anticipated.

Why Southwest Airlines Stock Is Falling Today

Although the revenue and EPS for Southwest (LUV) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Southwest (LUV) Q4 Earnings: A Look at Key Metrics

The Southwest debacle is a perfect illustration of how management failures lead to service failures.

Why Ticketmaster And Southwest Failed So Badly

Southwest Airlines stock is falling after the airline posts a wider-than-expected loss in the fourth quarter.

Southwest Feels the Impact of Its Holiday Meltdown

Southwest Airlines (NYSE: LUV ) stock is falling on Thursday following the release of its latest earnings report. The big news hitting LUV stock today is an $800 million hit to its net income during the fourth quarter of 2022.

LUV Stock Alert: Southwest Reports $800 Million Loss During Holiday Mishap

Southwest (LUV) delivered earnings and revenue surprises of -1,166.67% and 0.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Airlines (LUV) Reports Q4 Loss, Tops Revenue Estimates

The largest carrier of U.S. domestic passengers expects a loss in the first quarter as customer cancellations rose and bookings decelerated.

News for Southwest Airlines Stock (LUV)