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.

American Airlines

Delta Air Lines

JetBlue Airways

Spirit Airlines

United Continental Hlds

Flight delays have been all too common lately, whether it's weather or staffing issues. Some airlines are willing to pay big bucks.

Why Are So Many Flights Getting Delayed Right Now?

Shares of air carriers were broadly lower Tuesday, even as travelers over the July 4 holiday weekend reached a pandemic-era high and as fewer flights were cancelled than in the days leading up to the weekend. The U.S. Global Jets ETF JETS, +2.00% fell 0.8% in premarket trading, with the shares of all of its U.S.-based airline components that are trading losing ground.

Airline stocks fall even as July 4 weekend travelers reach pandemic-era highs

More than 1,000 flights were cancelled earlier in the weekend as airlines grappled with bad weather.

U.S. flight disruptions finally ease as the holiday weekend winds down

Inflation fears caused aviation stocks to significantly underperform during a lousy month for stocks.

Why Airline Stocks Plunged in June

Airlines have delayed and cancelled flights at a higher rate this year than before the pandemic.

Fourth of July travel surge puts airlines — and passengers — to the test

Exxon Mobil

It is hard to make an investment decision with the price of oil already high and fluctuating, together with recession risks on the horizon. In this case, using a stock pair trading strategy in your portfolio involving Exxon Mobil and Southwest Airlines makes sense as their share prices are inversely correlated with each other.

Use The Exxon-Southwest Airlines Pair For Trading, Hedging, Or Investing

The U.S. airline industry is currently seeing very strong revenue after two years  of Covid-suppressed demand. Southwest and United Airlines are both expecting double-digit margins in the second quarter.

Pair Trade: Choose Southwest Over United Airlines To Avoid Turbulence

U.S. Transportation Secretary Pete Buttigieg on Wednesday said he would be paying close attention to airline performance during the July 4 weekend after a large number of flight cancellations over the last holiday weekend.

U.S. transport chief says he'll be watching airline performance over July 4 weekend

Southwest's treasurer said the challenge of hedging fuel prices would humble anyone on Wall Street, and compared it to flying with a 6-month-old baby.

Southwest Airlines employs a crack team of 4 fuel traders to hedge energy prices — and they've saved the company $1.2 billion this year

An airline industry trade group on Friday said the Federal Aviation Administration must insure adequate air traffic control (ATC) staffing issues in the face of rising summer delays.

U.S. airlines say FAA staffing 'crippling' east coast traffic

U.S. consumers lodged more than quadruple the number of complaints against U.S. airlines in April compared with pre-pandemic levels as on-time arrivals fell, according to a report seen by Reuters.

U.S. complaints against airlines soar as on-time arrivals fall

Southwest (LUV) could produce exceptional returns because of its solid growth attributes.

Here is Why Growth Investors Should Buy Southwest (LUV) Now

In an airline industry note from Raymond James Thursday morning, analyst Savanthi Syth added Southwest Airlines Co.

Raymond James Sees Clear Skies Ahead for Southwest Airlines

Raymond James says the recent selloff in airline stocks marks a good entry point to buy shares of Southwest Airlines.

Buy Southwest Stock, Analyst Says. The Selloff Has Gone Too Far.

A looming recession, high fuel prices, and labor pressures are “legitimate” risks that U.S. airlines face, but this isn't 2008.

2 reasons U.S. airlines are better able to handle a recession, according to Citi

US Global Jets ETF

Airline investors and travelers have been suffering. Citi says that stockholders could see some relief soon.

Recession Worries Have Hit Airlines. Why We Might Not Be in 2008 Again.

Southwest (LUV) raises its Q2 load factor view as it experiences solid revenues and passenger bookings.

Southwest (LUV) Raises Q2 Load Factor View, Sees Solid Bookings

After two years of enduring masks, social distancing and quarantines, there's not much that can come between consumers and their summer vacations this year. Outbreaks of Covid-19 no longer seem to stop them from traveling — and based on recent demand for air travel, neither do higher prices for getaways.

Opinion: Demand might be recovering, but airlines still face many headaches

DALLAS — Hundreds of uniformed Southwest Airlines pilots stood in perfect lines in the scorching Texas sun at Dallas Love Field on Tuesday, holding signs that blamed Southwest management for delays and cancellations that have upset passengers.

Hundreds of Southwest pilots picket in Dallas amid summer travel crunch

Southwest Airlines increased its estimate for what portion of seats it will fill in the second quarter.

Southwest Airlines Raises Guidance

Shares of Southwest Airlines Co. LUV, +1.86% rose 1.6% in premarket trading Tuesday, after the air carrier disclosed it continued to experience "strong load factors and bookings" for summer travel. The company said based on current bookings trends, it continues to expect second-quarter operating revenue to be 12% to 15% above levels seen during the same period in pre-pandemic 2019, but raised its load factor guidance to 85% to 87% from approximately 85%.

Southwest Airlines stock gains after raising load factor outlook

Southwest Airlines' (LUV) schedule expansion enables customers to book flights through Jan 4, 2023, in line with its efforts to facilitate travel planning during holidays.

Southwest Airlines (LUV) Extends Flight Schedule to January 2023

As the pandemic wanes and airline travel rebounds, there are still many issues facing U.S. airline leaders. Here are five issues that must be addressed in some way to ensure long-term success of this industry, and these require the airlines and the government.

Five Big Themes Facing The U.S. Airlines, And What These Could Mean

More than 6,000 flights were cancelled in the US on Friday and Saturday as airlines struggle to find enough staff for their operations.

Thousands of flights cancelled or delayed as labor shortages trigger more travel chaos

Alaska Air Group

Hawaiian Hlds

A new challenge is looming in what has been a difficult few years for the industry.

News for Southwest Airlines Stock (LUV)