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

Earnings data Q2 2024

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.

Southwest's 18 cents-a-share dividend will pay out on Jan. 31

Southwest Airlines reinstates dividend after nearly three years as travel rebounds

Southwest Airlines Co. LUV, +0.46% said Wednesday it's reinstating dividend payments that it suspended in 2020 during the COVID-19 travel lockdown. "Today's announcement reflects the strong return in demand for air travel and the company's solid operating and financial results since March," CEO Bob Jordan said.

Southwest Airlines to re-start dividend payments

DALLAS , Dec. 7, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") announced that its Board of Directors (the "Board"), at the close of business yesterday, reinstated and declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on January 10, 2023, on all shares then issued and outstanding. With the exception of the time period from early 2020 through third quarter 2022—when the Company's dividend was suspended due to the uncertainties of the pandemic and the requirements of the Company's Coronavirus Aid, Relief, and Economic Security Act (CARES Act) financings—the quarterly dividend declared on December 6, 2022 represents the Company's 175th quarterly dividend dating back more than 40 years.

SOUTHWEST AIRLINES REINSTATES QUARTERLY DIVIDEND

DALLAS , Dec. 6, 2022 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the Transport Workers Union (TWU) Local 557 have reached a Tentative Agreement for more than 200 Flight Instructors. "We are pleased to have reached an agreement that will offer significant quality of life improvements for our Flight Instructors while also reflecting the operational needs of the business," said Adam Carlisle , Vice President Labor Relations at Southwest Airlines®.

SOUTHWEST AIRLINES AND THE TRANSPORT WORKERS UNION LOCAL 557 REACH TENTATIVE AGREEMENT FOR FLIGHT INSTRUCTORS

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.

Airlines to return to profit in 2023: IATA

The global airline industry is expected to return to profitability in 2023 for the first time in four years.

Airlines will be making money again in 2023 as travel recovers

The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, IATA said Tuesday.

Airlines will return to profitability in 2023 after three-year slump, industry body says

The 2022 Southwest Airlines Scholarship Program awarded 15 scholarships for a total commitment of $260,000 over four years DALLAS , Dec. 5, 2022 /PRNewswire/ -- Southwest Airlines Co . (NYSE: LUV) today announced recipients for the Herbert D.

SOUTHWEST AIRLINES AWARDS SCHOLARSHIPS TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR STUDENTS

DALLAS , Nov. 30, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2022 Investor Day. Southwest will be webcasting the presentation live, and a link to the webcast will be made available via the Investor Relations homepage on the Southwest Airlines website.

Southwest Airlines Co. 2022 Investor Day

Defiance Hotel Airline and Cruise ETF

US Global Jets ETF

These top airline stocks to buy are expected to soar, all thanks to a busy holiday season. Over Thanksgiving break, an estimated 55 million people were expected to travel, according to AAA.

7 Airline Stocks Investors Should Put on Their Christmas Lists

High inflation has put significant pressure on worker standards of living with wage growth not keeping up with soaring costs. Railroads, staring down strike threats, are facing similar worker compensation demands as airlines.

Don't Fear The Labor Noise At American Airlines

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.

Southwest Airlines (LUV) is a Top-Ranked Value Stock: Should You Buy?

More than 2.45 million people passed through U.S. airport checkpoints Wednesday, according to Transportation Security Administration data, 6% higher than the same day in 2021.

Airlines Enjoy Busiest Day of Holiday Season. A Bumper Christmas Could Be Coming.

Southwest Airlines (LUV) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

Why Southwest Airlines (LUV) Stock Might be a Great Pick

Boeing

A U.S. appeals court on Monday threw out class-action lawsuits accusing Boeing Co and Southwest Airlines Co of covering up a fatal flaw in the design of the Boeing 737 MAX 8 plane, and ordered that the litigation be dismissed.

Boeing, Southwest defeat class actions over 737 MAX safety

Alaska Air Group

Spirit Airlines

Economic resilience adds to the bull case for this beaten-down sector.

Why Airline Stocks Are Soaring Today

High fares have helped airlines make up for a surge in costs.

Thanksgiving flight bookings are down from 2019, but higher fares lift revenue, Adobe says

Airlines in the United States canceled 1,220 flights on early Thursday as tropical storm Nicole made landfall in the east coast of Florida, disrupting flight schedules and forcing airports in the region to shut.

U.S. airlines cancel 1,220 flights as tropical storm Nicole makes landfall in Florida

Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris - the scrapping of one-day business trips in favour of longer stays.

Analysis: Airlines reboot as COVID sparks a revolution in one-day business trips

The low-cost carrier just posted all-time-high quarterly revenue.

Why You Should Buy the Dip on Southwest Airlines

Airlines are facing the dual challenge of combatting a shortage of pilots while keeping a lid on costs.

The biggest U.S. airlines are negotiating pilot contracts, and talks are turning rocky

Operations have stabilized after the pandemic and are trending in the right direction. I expect staffing and efficiency to reach pre-pandemic levels by 2024. Southwest has not seen material consequences of a recession, and bookings are recovering in leisure. Business demand is still down from pre-pandemic levels.

Southwest Airlines: Great Business, Greater Opportunity

Southwest Airlines' results show that the methodological business approach is coming to fruition. The company is aligning for network restoration next year.

Southwest Airlines Stock: A Buy With Shareholder Returns On The Horizon

'Bleisure" travel was a frequent topic on third quarter airline earnings calls, but Southwest CEO Robert Jordan says, “I've personally been slow to decide that we have a new trend, and that (it's) the trend for a long period of time,."

‘Bleisure” Travel Is The Talk Of The Airline Industry. Southwest Wonders If It's For Real

Southwest Airlines Co. (NYSE:LUV ) Q3 2022 Earnings Conference Call October 27, 2022 12:30 PM ET Company Participants Ryan Martinez – Vice President-Investor Relations Linda Rutherford – Chief Administration and Communications Officer Bob Jordan – Chief Executive Officer Mike Van de Ven – President Andrew Watterson – Chief Operating Officer Tammy Romo – Executive Vice President and Chief Financial Officer Ryan Green – Executive Vice President and Chief Commercial Officer Conference Call Participants Andrew Didora – Bank of America Scott Group – Wolfe Research Jamie Baker – JPMorgan Ravi Shanker – Morgan Stanley Duane Pfennigwerth – Evercore Conor Cunningham – Melius Research Savi Syth – Raymond James Brandon Oglenski – Barclays Chris Stathoulopoulos – SIG Sheila Kahyaoglu – Jefferies Alison Sider – Wall Street Journal Robert Silk – Travel Weekly David Slotnick – TPG Leslie Josephs – CNBC Operator Good day everyone. And welcome to the Southwest Airlines Third Quarter 2022 Conference Call.

News for Southwest Airlines Stock (LUV)