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

United Continental Hlds

Air travelers are returning, but a surge in fuel costs is threatening airline's quest to return to profitability.

Airlines are gearing up for a busier — and costlier — holiday season as fuel prices rise

In an effort to maintain adequate staffing levels during the busy holiday travel period, Southwest Airlines Co (NYSE: LUV) on Saturday offered its employees new incentives to help avoid flight cancellations. What Happened: Flight attendants, pilots and operations employees could receive up to 120,000 Rapid Rewards points, a value of more than $1,400, according to an internal Southwest memo.

Southwest Airlines Offers Incentives To Retain Flight Attendants During Peak Holiday Period

DALLAS, Nov. 12, 2021 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) has selected the 52 nonprofit organizations to each receive 100 domestic one-way Southwest travel awards to help spread kindness and support their missions. The winning organizations were chosen as part of a contest the carrier launched in September after achieving one million Acts of Kindness in 2021, a goal set to celebrate Southwest's 50th Anniversary.

One Million Dollars Of Thanks: Southwest Airlines Donates More Than One Million Dollars In Travel Awards To 52 Nonprofit Organizations Across The Country

International Consolidated Airlines Group SA

Southwest Airlines and British Airways-owner IAG agreed to purchase nearly 300 million gallons of sustainable aviation fuel created from woody biomass at a Mississippi biorefinery, the companies said on Wednesday.

Southwest, IAG agree to buy sustainable aviation fuel made from wood waste

Even as the incoming Southwest CEO boasts about recent bookings figures, LUV stock could buckle under the pressure of flight cancellations. The post Southwest Airlines Shareholders Should Brace for Turbulence Amid Worker Shortage appeared first on InvestorPlace.

Southwest Airlines Shareholders Should Brace for Turbulence Amid Worker Shortage

DALLAS, Nov. 10, 2021 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) today announced a 15-year offtake agreement with Velocys Renewables LLC ("Velocys") for 219 million gallons of sustainable aviation fuel (SAF). As announced by Velocys today, once blended with conventional jet fuel, the SAF could produce the equivalent of 575 million gallons of net-zero1 fuel and avoid 6.5 million metric tons of CO2 over the term of the agreement.

Southwest Airlines Announces 15-Year Agreement With Velocys For 219 Million Gallons Of Sustainable Aviation Fuel

Southwest Gas Hlds

Southwest Gas Holdings Inc. (SWX) CEO John Hester on Q3 2021 Results - Earnings Call Transcript

DALLAS, Nov. 9, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today launched a huge winter travel sale with fares as low as $39 one-way. For three-days only, Customers can book travel across the continental U.S., between the continental U.S. and Hawaii, within Hawaii on interisland service, and to international destinations between Dec. 1, 2021, and Dec. 15, 2021, and from Jan. 5, 2022, through March 9, 2022; and to San Juan, Puerto Rico for travel between Dec. 1, 2021, and Dec. 9, 2021, and from Jan. 10, 2022, through March 9, 2022.

Southwest Airlines Announces Huge Sale For Winter Travel With Fares As Low As $39 One-Way

DALLAS, Nov. 8, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and Luck Presents are excited to announce the premiere of the second season of their collaborative multimedia travel guide Sites & Sounds, which celebrates musicians and the destinations that have inspired them. The second season is available today on Southwest.fm and onboard Southwest flights via the airline's Inflight Entertainment Portal, where viewers can follow some of their favorite artists like Shovels & Rope and Matthew Logan Vasquez as they guide through Charleston, Margo Price and Jeremy Ivey as they explore Nashville, and Durand Jones and Maria Gough as they showcase New Orleans.

Southwest Airlines And Luck Presents Announce Season Two Of "Sites & Sounds" Content Series Highlighting Musicians And The Cities That Inspire Them

DALLAS, Nov. 5, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today joins in celebrating a milestone of serving Denver as Mayor Michael B. Hancock officially declares Nov. 5, 2021, as "Southwest Airlines Day" in the city.

Denver Mayor Declares "Southwest Airlines Day" To Celebrate 15 Years Of Southwest Service In The Mile High City

The U.S.-U.K. travel corridor will open up for Covid-19 vaccinated passengers from Monday, which could provide further impetus for airlines.

The Market Is Rallying. But Airline Stocks Are Taking Off.

The state flags take 12 or more days to complete simply because they have a lot of colors, compared to eight days for the regular paint scheme.

Southwest Airlines paints state flags on its aircraft - take a look

Southwest flight attendant Corliss King fought to change an Illinois law that blocked airline workers from using accumulated sick leave to care for sick relatives. Now her four-year fight is nearing a successful end.

How A Grieving Southwest Flight Attendant Expanded Illinois' Paid Sick Leave Law

Capital Southwest

Capital Southwest (CSWC) CEO Bowen Diehl on Q2 2022 Results - Earnings Call Transcript

Automatic Data Processing

Spirit Airlines

Wall Street Starts November in Green

A federal judge in Texas denied a petition by Southwest Airlines pilots' union that sought to block the company's enforcement of a federal vaccine mandate.

Federal judge rejects Southwest Airlines pilots' request to block vaccine mandate

DALLAS, Oct. 26, 2021 /PRNewswire/ -- Southwest Airlines Co . (NYSE: LUV) (the "Company") Gary Kelly, Chairman of the Board & Chief Executive Officer was honored with a Lifetime Achievement Award through 3BL Media's Responsible CEO of the Year Awards.

Southwest Airlines Chairman And CEO Gary Kelly Recognized With Lifetime Achievement Award For Corporate Social Responsibility

Time Is Now For Southwest

DALLAS, Oct. 25, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) is making business travel more rewarding by launching Rapid Rewards® Business, giving businesses the ability to earn Rapid Rewards points as their travelers return to the sky. By joining Rapid Rewards Business, companies earn Rapid Rewards points that can be applied toward travel on the company's behalf, while travelers who are Rapid Rewards Members also earn Rapid Rewards points in their personal accounts.

Southwest Airlines Makes Business Travel More Rewarding with New Rapid Rewards Business Program

The once-mighty airline has fallen into mediocrity this year.

Southwest Airlines Earnings: Another Stinker

Evercore ISI analyst Duane Pfenningwerth downgraded Southwest Airlines Co (NYSE:LUV) to In-Line from Outperform and lowered the price target of $48 (an upside of 0.51%) from $55.  Given his view of longer-lasting rebuild cost pressures and his opinion that Street expectations are "overly optimistic," he sees muted valuation upside.

Morgan Stanley, Evercore Cut Price Target On This Domestic Carrier

It marks a softening of Southwest's stance on COVID-19 vaccines. It said early October that staff must be fully vaccinated "to continue employment."

Southwest Airlines CEO says unvaccinated employees won't lose their jobs, despite a federal mandate

Southwest Airlines Co. (LUV) CEO Gary Kelly on Q3 2021 Results - Earnings Call Transcript

Southwest's (LUV) Q3 results reflect a significant year-over-year improvement owing to uptick in air-travel demand. However, its performance is partly hurt by Delta-variant-led softness in bookings.

Southwest (LUV) Incurs Narrower Than Expected Loss in Q3

American and Southwest have urged employees to apply for medical and religious exemptions.

News for Southwest Airlines Stock (LUV)