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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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

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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.

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Cost of revenue

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Change in stock

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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.

Shares of Southwest Airlines Co. LUV shed 2.4% in premarket trading Thursday, after the air carrier reported a much wider-than-expected fourth-quarter loss, and warned of another loss in the current quarter, while apologizing for the “operational disruptions” during the holiday travel season. The company swung to a net loss of $220 million, or 37 cents a share, from net income of $68 million, or 11 cents a share, in the year-ago period.

Southwest Airlines stock falls after much wider-than-expected loss, revenue miss and warning of more losses

Southwest's holiday meltdown cost it hundreds of millions of dollars.

Southwest posts $220 million loss last quarter after holiday meltdown

DALLAS , Jan. 26, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its fourth quarter and full year 2022 financial results: Fourth quarter net loss of $220 million, or $0.37 loss per diluted share Fourth quarter net loss, excluding special items1, of $226 million, or $0.38 loss per diluted share Full year net income of $539 million, or $0.87 per diluted share Full year net income, excluding special items, of $723 million, or $1.16 per diluted share Record fourth quarter and full year operating revenues of $6.2 billion and $23.8 billion, respectively Liquidity2 of $13.3 billion, well in excess of debt outstanding of $8.1 billion Bob Jordan, President and Chief Executive Officer, stated, "Due to the operational disruptions in late December, which resulted in more than 16,700 flight cancellations, we incurred a fourth quarter pre-tax negative impact of approximately $800 million (or approximately $620 million on an after-tax basis), which resulted in a fourth quarter 2022 net loss. Despite the negative financial impacts in first quarter 2022 due to the Omicron variant and in fourth quarter 2022 due to the operational disruptions, we generated full year 2022 net income, excluding special items, of $723 million.

SOUTHWEST AIRLINES REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Southwest canceled more than 16,000 flights over the holidays.

DOT is probing whether Southwest's schedules were 'unrealistic' during holiday meltdown

Millions of Southwest passengers were left stranded during the heart of the holidays due to cancellations the company blamed on a winter storm.

Southwest Airlines Under Federal Investigation For Possible ‘Deceptive' Scheduling

The U.S. Transportation Department is probing Southwest Airlines Co.'s scheduling in the wake of its holiday meltdown last month, examining whether executives sold more flights than the airline could realistically operate.

Southwest Airlines is subject of federal probe after holiday meltdown

The Transportation Department says it will ensure that affected customers receive refunds and reimbursements.

DOT Probes Southwest Airlines Scheduling After Holiday-Travel Meltdown

Ahead of its fourth-quarter earnings report, shares of Southwest Airlines Co  (NYSE:LUV) are fractionally higher, last seen up 0.3% to trade at $36.77.

Southwest Airlines Stock Flashing Bear Signal Before Earnings

Southwest said it canceled about 16,700 flights between Dec. 21 through Dec. 31, failing to recover from severe winter weather.

Southwest CEO maps out a recovery after holiday meltdown: 'We have work to do'

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

The U.S.airlines' last profitable year was 2019. In 2023, strong demand, controlled capacity, and understandable costs suggest that the carriers can be profitable as a group this year.

U.S. Airlines Should Have A Fully Profitable 2023

DALLAS , Jan. 23, 2023 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the Transport Workers Union Local 550 (TWU 550) today announced they reached a Tentative Agreement for the airline's Dispatch Employees. "This agreement rewards our Dispatch Employees for their many contributions while also supporting the needs of our business," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines®.

SOUTHWEST AIRLINES' DISPATCHERS TO VOTE ON NEW CONTRACT

Following Delta Air Lines and United Airlines' earnings reports last week exceeding expectations, JetBlue, Southwest Airlines, and American Airlines will report on Thursday Jan. 26.

Airline earnings coming in strong, despite rising fares and economic slowdown

Los Angeles, California--(Newsfile Corp. - January 23, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Southwest Airlines Co. ("Southwest" or "the Company") (NYSE: LUV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Southwest Airlines Co. with Losses of $100,000 to Contact the Firm

CNN estimates the bonus pay could be around $45 million. Southwest employs some 9,400 pilots, who are expected to be paid 50% of their regular pay.

Southwest Airlines to pay pilots millions in bonuses as 'gratitude' for working during meltdown: CNN

SAN DIEGO--( BUSINESS WIRE )--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, 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.D. Tex.), the Southwest Airlines class action lawsuit charges Southwest Airlines and certain of its top executives with violations of the Securities Exchange Act of 1934.

LUV INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Southwest Airlines Co. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Southwest Airlines Co.'s pilot union has called for strike authorization. The union recognizes the extremely weak position management has following the December winter storm fiasco.

Southwest Airlines: No Strike Meltdown

New York, New York--(Newsfile Corp. - January 20, 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, A Top Ranked Law Firm, Encourages Southwest Airlines Co. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm - LUV

LOS ANGELES, CA / ACCESSWIRE / January 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Southwest Airlines Co. ("Southwest" or "the Company") (NYSE:LUV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 13, 2020 and December 31, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before March 13, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Southwest Airlines Co. with Losses of $100,000 to Contact the Firm

DALLAS , Jan. 19, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its fourth quarter and full year 2022 financial results. Details are as follows: When: Thursday, January 26, 2023 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Ryan Green, Executive Vice President and Chief Commercial Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address: http://www.southwestairlinesinvestorrelations.com/   To access the live audio webcast and subsequent replay, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page.

Southwest Airlines to Discuss Fourth Quarter and Full Year 2022 Financial Results on January 26, 2023

New York, New York--(Newsfile Corp. - January 19, 2023) - Levi & Korsinsky, LLP notifies investors in Southwest Airlines Co. ("Southwest" or the "Company") (NYSE: LUV) of a class action securities lawsuit.The lawsuit on behalf of Southwest investors has been commenced in the the United States District Court for the Southern District of Texas. Affected investors purchased or otherwise acquired certain Southwest Airlines Co. securities between June 13, 2020 and December 31, 2022.

LUV LAWSUIT ALERT: Levi & Korsinsky Notifies Southwest Airlines Co. Investors Of a Class Action Lawsuit and Upcoming Deadline

Los Angeles, California--(Newsfile Corp. - January 19, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Southwest Airlines Co. ("Southwest" or "the Company") (NYSE: LUV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Southwest Airlines Co. with Losses of $100,000 to Contact the Firm

Due to the mass flight cancellations, Southwest's (LUV) fourth-quarter 2022 revenues are likely to have been adversely impacted.

Factors to Know Ahead of Southwest's (LUV) Q4 Earnings

LOS ANGELES--( BUSINESS WIRE )--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Southwest Airlines Co. (“Southwest Airlines” or the “Company”) (NYSE: LUV) securities between June 13, 2020 and December 31, 2022, inclusive (the “Class Period”).

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Southwest Airlines Co. (LUV)

Southwest (LUV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Southwest Airlines (LUV) Reports Next Week: Wall Street Expects Earnings Growth

NEW YORK , Jan. 19, 2023 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Southwest Airlines Co. ("Southwest" or the "Company") (NYSE: LUV) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Southwest securities between June 13, 2020 and December 31, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/luv.

News for Southwest Airlines Stock (LUV)