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

Booking Hlds

Spirit Airlines

United Continental Hlds

Investors are feeling good about progress in fighting the pandemic.

Why Travel Stocks Are Higher Today

Archer-Daniels-Midland Company

Alaska Air Group

Bank of America

Anheuser-Busch InBev

Disney

Expedia

Gaming and Leisure Properties

Coca-Cola

Vici Properties

Wyndham Hotels & Resorts Inc

The first full FDA approval of a COVID-19 vaccine has investors rejuvenated about the prospects for so-called recovery stocks.

‪11 Recovery Stocks That Could Get a Vaccine Spark‬

More than 5000 customer service employees at Southwest Airlines (LUV) stand to benefit if the tentative deal comes to fruition.

Southwest Airlines (LUV) Inks Provisional Deal With IAM

After reaching pre-Covid levels in April, the shares of Southwest Airlines have observed a downtrend in the past two months as booking trends weakened due to the fourth wave of the pandemic. However, the company's significantly lower debt outstanding and higher operating margin is likely to assist.

Pick Southwest Airlines Stock To Fly?

Southwest Airlines is considering fourth-quarter schedule changes after labor unions repeatedly complained about exhaustion during a surge in travel this summer, according to a company memo.

Southwest weighs 4Q schedule changes after labor unions complain about staff exhaustion

DALLAS, Aug. 19, 2021 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) and the International Association of Machinists and Aerospace Workers (IAM) have reached a Tentative Agreement for Southwest's more than 5,000 Customer Service Employees. "The parties concluded these negotiations with an agreement designed to reward our hard-working Employees, support future market expansion for Southwest, and increase our overall efficiency," said Vice President of Labor Relations Russell McCrady.

Southwest Airlines And The International Association Of Machinists And Aerospace Workers Reach Tentative Agreement For Customer Service Employees

Casey Murray, president of the pilots union, known as SWAPA, told CNBC the pickets could occur during the bustling Thanksgiving and Christmas holiday travel periods.

Southwest pilots union warns of holiday pickets amid ‘complete lack of support'

The Southwest Airlines Pilots Association is considering picketing on Thanksgiving and Christmas over increased workloads, fatigue and lack of hotels.

Southwest Airlines pilots are considering pickets on Thanksgiving and Christmas to protest extra shifts piled on with little notice

Southwest pilots' union says it is considering informational pickets in the fourth quarter.

Southwest pilots' union considers picketing over the holidays to protest lack of hotels, fatigue

Southwest staff can redeem the bonus for flyer miles, gift cards, and concert tickets, the airline said in a memo, cited by CNBC.

Southwest Airlines offers employees referral bonuses worth $300 as the company scrambles to fill gaps in its workforce

JetBlue Airways

Southwest Airlines (LUV) unveils a bearish Q3 outlook as the Delta variant dims air-travel prospects. Flight cancellations hit Spirit Airlines (SAVE) hard.

Why Airline Industry Slides 3.6% MTD Despite Rosy Q2 Results

Southwest Airlines says it is having trouble hiring staff because of the tight labor market.

Southwest Airlines offers staff referral bonuses to ease hiring problems

Delta Air Lines

Shares of airline companies traded mostly lower Monday, as travel demand has been hurt by the continued surge in new COVID-19 cases brought on by the spread of the highly infectious delta variant.

Airline stocks fall as delta variant leads to less traveling, as ominous chart pattern appears

Azul

Dine Brands Global

Melco Resorts and Entertainment

Performance Food Group

Service Properties Trust

Frontier Group Holdings

The COVID delta variant has caused a slowdown in the August/September forward bookings for airlines and online travel agencies (OTAs).

Economic Recovery Stocks For A Turnaround

Atlas Air Worldwide

It's been a difficult few years for airlines. But turbulence can create opportunities.

Airline Stocks Have Been Turbulent. Here Are 3 That Can Soar

Carnival

Norwegian Cruise Line

Royal Caribbean Cruises

IHME projects new COVID-19 infections will peak today, Thursday. If correct, this would represent a positive surprise for the market, in my view.

Cruise Lines And Airlines Should Benefit If New COVID Infections Peak Today

Southwest (LUV) slashes operating revenue guidance for the third quarter and lowers hopes of being profitable as coronavirus' Delta variant decelerates bookings and induces increase in cancellations.

Southwest (LUV) Q3 Profitability View Dim on Delta Variant Woes

The largest domestic airline has seen a slowdown in bookings and an uptick in last-minute cancellations as COVID-19 case counts have rocketed higher in recent weeks.

Southwest Airlines Slashes Guidance as Bookings Slow

Southwest Airlines disclosed in a Securities and Exchange Commission filing that it “has recently experienced a deceleration in close-in bookings and an increase in close-in trip cancellations… which are believed to be driven by the recent rise in COVID-19 cases associated with the Delta variant.”

Southwest Warns That The Delta Variant Is Cutting Into Travel Demand. Airline Investors Yawn.

Carrier sees bookings slow and cancellations rise in August as Covid-19 surge continues

Southwest Airlines says Delta variant is hurting its business

The major U.S. carrier disclosed that it has "experienced a deceleration in close-in bookings and an increase in close-in trip cancellations" within the first few weeks of August.

Southwest Airlines warns COVID-19 uptick hitting bookings

Discovery

Reynolds Consumer Products

Winnebago

ViacomCBS

Olstein Capital Management founder and Chief Investment Officer Robert Olstein (Trades, Portfolio) released his firm's second-quarter portfolio earlier this week.

Buys Dominate Robert Olstein's 2nd-Quarter Portfolio

Southwest Airlines said it expects a significant drop in revenue as Americans ditch travel plans amid rising COVID-19 cases driven by the Delta variant.

Southwest Airlines says COVID-19 surge is causing travel cancellations

Southwest Airlines Co (NYSE: LUV) reported that July 2021 operating revenues performed in line with expectations, a decrease of ~12% (estimated a reduction of 10-15%) compared to July 2019, driven primarily by strong leisure passenger traffic and fares above July 2019 levels.  Capacity (available seats per miles) was up 41% year-over-year and down 3% compared to July 2019.

Southwest Airlines Warns It'll Be Difficult To Be Profitable In Q3

The Delta variant of Covid-19 is weighing on Southwest Airlines' bottom line.

News for Southwest Airlines Stock (LUV)