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 has taken legal action against Skiplagged, which is asking a New York court to decide whether it breached the airline's terms.

Southwest has been sued by a search engine that the airline says breached its terms by displaying cheap flights

Southwest Airlines Co. (LUV) CEO Gary Kelly on Q2 2021 Results - Earnings Call Transcript

Southwest's (LUV) Q2 results reflect significantly improved passenger revenues owing to recovery in air-travel demand. However, performance is partly hurt by increased costs.

Southwest's (LUV) Q2 Loss Wider Than Expected, Revenues Beat

American Airlines

Delta Air Lines

JetBlue Airways

United Continental Hlds

US airlines are seeing profits return and betting that the rise of Delta variant of the coronavirus will not derail a domestic travel comeback even as it clouds the outlook for an international recovery.

Sunnier skies: US airline recovery gets off the ground

American Airlines and Southwest Airlines both posted second-quarter profits on Thursday thanks to generous federal pandemic relief.

Southwest, American post 2Q profits as air travel picks up

American Airlines Group Inc. and Southwest Airlines Co. on Thursday reported better quarterly results than investors had expected, rounding up earnings season for major U.S. airlines with an uptick in domestic business travel.

U.S. airlines' earnings brightened by uptick in business travel

Financial results are finally getting better at the nation's major airlines, thanks to a surge of vacation travel this summer.

Losses mount for American and Southwest, but their outlook is brighter

Southwest Airlines cleared financial turbulence as it emerges from the pandemic turning its first profit without federal assistance.

Southwest Airlines sees July rebound after turning profit

Alaska Airlines is scheduled to report its second quarter results later today.

American, Southwest Post Wind-Aided Profits But Actual Losses; Look Ahead To Increased Business Travel Demand

American Airlines Group Inc. (NASDAQ: AAL) said on Thursday its revenue climbed by over 350% in the fiscal second quarter. The air carriers adjusted loss contracted more than expected as easing COVID-19 restrictions turned the daily cash burn positive.

American, Southwest airlines report upbeat quarters on strong pent-up demand

Southwest (LUV) delivered earnings and revenue surprises of -66.67% and 1.66%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Southwest Airlines (LUV) Reports Q2 Loss, Tops Revenue Estimates

U.S. carriers American Airlines and Southwest Airlines said strong bookings made them profitable in the month of June even without U.S. federal aid for workers' salaries, a first since the pandemic began in early 2020.

American, Southwest post profits in June even without federal aid

Shares of Southwest Airlines (NYSE:LUV) rose 0.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 86.89% over the past year to ($0.35), which missed the estimate of ($0.32).

Recap: Southwest Airlines Q2 Earnings

Southwest Airlines Co. said Thursday it had net income of $348 million, or 57 cents a share, in the second quarter, after a loss of $915 million, or $1.63 a share, in the year-earlier period, when travel stalled during the global pandemic. The profit was driven by a $724 million offset of salaries and other benefits related to the receipt of proceeds from the Payroll Support Program, a federal relief program for airlines.

Southwest Airlines swings to Q2 profit thanks to PSP program as revenue tops estimates

DALLAS, July 22, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its second quarter 2021 financial results: Second quarter net income of $348 million, or $.57 per diluted share, driven by a $724 million offset of salaries, wages, and benefits expenses related to the receipt of Payroll Support Program (PSP) proceeds under the Consolidated Appropriations Act, 2021 and American Rescue Plan Act of 2021 Excluding special items¹, second quarter net loss of $206 million, or $.35 loss per diluted share Second quarter operating revenues of $4.0 billion, down 32.2 percent compared with second quarter 2019 Generated second quarter operating cash flow of $2.0 billion and free cash flow¹ of $1.9 billion; achieved positive average daily core cash flow² in June Ended second quarter with liquidity³ of $17.9 billion, well in excess of debt outstanding of $11.4 billion Gary C. Kelly, Chairman of the Board and Chief Executive Officer, stated, "Second quarter 2021 marked an important milestone in the pandemic recovery as leisure travel demand surged.

Southwest Reports Second Quarter 2021 Results

Southwest Airlines Co on Thursday reported a smaller quarterly loss and said it would remain profitable for the rest of the year, as leisure bookings rebound thanks to aggressive vaccination drives.

Southwest Airlines losses narrow as leisure travel bounces back

Allegiant Travel Company

Hawaiian Hlds

US Global Jets ETF

Sabre

Spirit Airlines

SkyWest

Frontier Group Holdings

Low-cost airlines are down 25%-40% off their spring highs, approaching prices not seen since January 2021.

'Ain't Been No Summer Vacation' For Airline Stocks

Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don't see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated.

US airlines say COVID-19 variants aren't hurting bookings

The shares of Southwest Airlines (NYSE: LUV) have lost 20% in value since April as concerns of a new coronavirus wave lowered investor confidence in the airline and hotel industries. While the company is likely to report a net loss for the second quarter, government aid has been limiting cash burn.

Will Southwest Airlines Report An Earnings Beat?

DALLAS, July 15, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2021 financial results. Details are as follows: When: Thursday, July 22, 2021 at 12:30 PM Eastern Time Who: Gary Kelly, Chairman of the Board and Chief Executive Officer Bob Jordan, Executive Vice President and Incoming Chief Executive Officer Tom Nealon, President Michael Van de Ven, Chief Operating Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address: http://www.southwestairlinesinvestorrelations.com/ To access the live audio webcast and subsequent replay, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page.

Southwest Airlines to Discuss Second Quarter 2021 Financial Results on July 22, 2021

A day after a sell-off, the stocks are in rally mode.

Why Airline Stocks Are Higher Today

Airline stocks have been hurting since the start of the pandemic. But despite fears of another wave, here's why these names will soar again.

Why These Stocks Will Take Off Again

Payroll protection provided airlines $39 billion to pay workers. . “Imagine, if all those people had been furloughed: Where would the airlines be now?

Airlines Got $39 Billion In Payroll Support Program. They Deserved Every Penny.

The CDC on Monday advised Americans to avoid traveling to the UK because of rising coronavirus cases.

Reopening stocks from airlines to cruise operators are getting hammered as Delta strain drives surge of infections

The stock price of Southwest Airlines Co (NYSE: LUV) fell by over 5% during intraday trading today. This is why it happened.

News for Southwest Airlines Stock (LUV)