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.

Business revenues languished well below 2019 levels over the summer but Southwest has seen an improvement so far in September, sentiments echoed by Delta Air Lines.

Southwest Airlines Sees Strong Demand. Business Travel May Be Coming Back.

Shares of Southwest Airlines Co. LUV, +1.44% rose 0.5% in premarket trading Thursday, after the air carrier said it was seeing "strong" revenue trends for the third quarter, boosted by better-than-anticipated leisure travel and "strong travel demand" for the Labor Day holiday weekend. The company revised its third-quarter revenue guidance to 9% to 11% growth from 2019 levels, compared with previous guidance of 8% to 12% growth.

Southwest Airlines seeing 'strong' revenue trends as leisure travel tops expectations

The discount airline giant is following a questionable strategy in Hawaii.

Is Hawaii Paradise or a Money Pit for Southwest Airlines?

The announcement of a tentative deal with the Aircraft Mechanics Fraternal Association looks encouraging for Southwest Airlines (LUV).

Southwest Airlines (LUV) Announces Tentative Deal With AMFA

DALLAS , Sept. 8, 2022 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the Aircraft Mechanics Fraternal Association (AMFA), the union that represents Southwest Airlines® Aircraft Appearance Technicians, today announced they have reached a Tentative Agreement.

SOUTHWEST AIRLINES AND AIRCRAFT MECHANICS FRATERNAL ASSOCIATION REACH TENTATIVE AGREEMENT FOR AIRCRAFT APPEARANCE TECHNICIANS

Southwest Airlines adds seasonal nonstop service on Saturdays between Denver and San Jose, Costa Rica*; and brings nonstop service between San Diego and Eugene, Ore. DALLAS , Sept.

BOOK TODAY: SPRING BREAK 2023 FLIGHT SCHEDULE IS NOW AVAILABLE

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

The U.S. Transportation Department (USDOT) must step up efforts to stop anti-competitive U.S. airline mergers and hold carriers accountable for flight cancellations and poor customer service, an influential Washington-based think-thank said on Wednesday.

U.S. must do more to block harmful airline mergers, anti-monopoly group says

Airline stocks outperformed the broader equity market on Wednesday, getting a boost from a rosier outlook for United Airlines Holdings Inc. and news that U.S. airports recently welcomed more travelers than they had before the pandemic.

Here's why airline stocks are taking off this week

For the first time since COVID-19 brought air travel to a standstill, the number of people streaming through U.S. airport security checkpoints over a holiday weekend exceeded pre-pandemic levels.

Holiday air travel tops pre-pandemic levels for the 1st time

In the latest trading session, Southwest Airlines (LUV) closed at $36.74, marking no change from the previous day.

Southwest Airlines (LUV) Flat As Market Sinks: What You Should Know

Rapid Rewards Members who register, book, and fly can earn a limited-time, promotional Companion Pass for travel between January and March 2023 DALLAS , Sept. 6, 2022 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announced its promotional Companion Pass® offer is once again back and ready for takeoff.

SOUTHWEST AIRLINES' COVETED COMPANION PASS IS JUST ONE ROUND TRIP AWAY WITH SPECIAL PROMOTIONAL OFFER

It was the first holiday weekend since the pandemic began that TSA screenings topped 2019 tallies, a milestone in air travel's bumpy recovery.

Labor Day weekend air travel surpasses 2019 levels as airlines cap a rocky summer

With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall.

Airlines count on business travelers to keep recovery going

Ameriprise Financial

Boeing

Caesars Entertainment

Etsy

Home Depot

Gartner

Jacobs Solutions Inc

MetLife

Mosaic

O'Reilly Automotive

United Rentals

September is a scary month for S&P 500 investors for good reason — it's the worst month of the year for stocks. But it doesn't have to be.

Prepare To Lose Money In September Unless You Buy These 12 Stocks

Alaska Air Group

ALPS Global Travel Beneficiaries ETF

Airlines have little flexibility in wages since employees are largely unionized and have collective bargaining power to set prices. After a large number of pilots retired early during the pandemic, airlines have still been looking to hire in these already difficult-to-fill roles.

Under The Wing Of The Airline Sector

Southwest (LUV) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Here is What to Know Beyond Why Southwest Airlines Co. (LUV) is a Trending Stock

Major U.S. airlines told the U.S. Transportation Department (USDOT) they will provide meals for customers delayed by three hours and hotel rooms for stranded passengers if prompted by issues under the airlines' control.

U.S. airlines commit to providing meals, hotel rooms for extended delays they caused

Darden Restaurants

Gap Inc

Mastercard

MGM Resorts

Simon Property Group

Tesla

An economic recession is looking increasingly likely and it's time to look around for stocks to sell. A majority of economists (72%) polled by the National Association of Business Economics say they expect the U.S. to enter a recession by the middle of next year.

7 Stocks to Sell When Consumer Confidence Is Falling

DALLAS (AP) — Labor unions are pressuring U.S. airlines not to buy back their own stock but instead spend the money on hiring more workers and fixing problems that caused widespread flight delays and cancellations this summer.

Airlines pushed by labor unions to spend money on hiring rather than on stock buybacks

DALLAS , Aug. 19, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced that it will redeem all of its outstanding 4.750% Notes due 2023 (the "Notes"). The aggregate principal amount outstanding of the Notes is $1,234,195,000.

SOUTHWEST AIRLINES ANNOUNCES REDEMPTION OF 4.750% NOTES DUE 2023

Recently, Zacks.com users have been paying close attention to Southwest (LUV). This makes it worthwhile to examine what the stock has in store.

Is Trending Stock Southwest Airlines Co. (LUV) a Buy Now?

Airline unions say carriers should prioritize stabilizing their operation instead of buybacks.

Airline unions urge carriers not to resume buybacks when bailout ban ends this fall

Southwest Airlines is offering special fares in an attempt to boost travel once the summer peak season comes to an end. One-way tickets are being offered for as low as $59.

Southwest Airlines offers fall and winter fares for special sale price

Hawaiian Hlds

Airliners are on the up again. Factors such as easing pandemic lockdowns and proliferating summer travel have coalesced to form an exponentially growing air travel market.

The 5 Best Airline Stocks to Buy Now

Allegiant Travel Company

Mesa Air Group Inc.

Spirit Airlines

SkyWest

Sun Country Airlines

Frontier Group Holdings

After being beaten down by the coronavirus pandemic, airline stocks have bounced back strongly over the last year or so.

News for Southwest Airlines Stock (LUV)