Southwest Airlines Co. (NYSE:LUV)
Market Cap | 21.86B |
---|---|
Revenue | 22.69B |
Gross Profit | 22.69B |
Shares Out | 593.75M |
EPS (ttm) | 1.34 |
PE Ratio | 26.4673 |
Forward PE | 11.8192 |
Dividend Rate (ttm) | 0.1800 |
Dividend Yield | 0.0049 |
Trading Day | Feb 2 |
---|---|
Last Price | $36.82 |
Previous Close | $35.63 |
Change ($) | 1.19 |
Change (%) | 3.34% |
Day's Open | 35.7 |
Day's Range | 35.526 - 37.31 |
Day's Volume | 8.46M |
52 Week Range | 30.05 - 49.84 |
About Southwest Airlines Co.
In its 50th year of service, Dallas-based Southwest Airlines Co. continues to differentiate itself from other air carriers with exemplary Customer Service to a Customer base topping 130 million passengers in 2019.
Southwest became the nation's largest domestic air carrier in 2003 and maintains that ranking based on the U.S. Department of Transportation's most recent reporting of domestic originating passengers boarded.
In peak travel seasons during 2019, Southwest operated more than 4,000 weekday departures among a network of 101 destinations in the United States and 10 additional countries. In early 2020, the carrier added service to Hilo, Hawaii, and Cozumel, Mexico.
Southwest began service to Palm Springs, Calif. and Miami on Nov.
15, and will begin service to two new seasonal destinations in Colorado, Steamboat Springs and Montrose (Telluride and Crested Butte) on Dec. 19, 2020.
On Feb. 14, 2021, Southwest will begin service to Chicago (O'Hare) and Sarasota/Bradenton.
Service from Savanah, Georgia and Colorado Springs will begin on March 11, 2021, and operations from Houston (George Bush Intercontinental) and Jackson, Miss. are anticipated to begin in the first half of 2021. The carrier issued its Southwest® Promise in May 2020 to highlight new and round-the-clock efforts to support its Customers and Employees wellbeing and comfort.
Among the changes are enhanced cleaning efforts at airports and onboard aircraft, and face covering requirements for Customers and Employees. Additional details about the Southwest Promise are available at Southwest.com/Promise. Southwest coined Transfarency® to describe its purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low.
Southwest is the only major U.S. airline to offer bags fly free® to everyone (first and second checked pieces of luggage, size and weight limits apply, some carriers offer free checked bags on select routes or in qualified circumstances).
Southwest does not charge change fees, though fare differences might apply. Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier's performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. Learn more about how the carrier gives back to communities across the world by visiting Southwest.com/citizenship. Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.
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Quick info
2702 Love Field Dr
Dallas
Texas
75235-1611
Southwest Airlines Co. income statements (2022) (USD)
August 2022 | |
---|---|
Total Revenue | 6.73B |
Cost of Revenue | 0 |
Gross Profit | 6.73B |
Research & Development | 0 |
Selling General & Admin | 0 |
Operating Expense | 5.57B |
Operating Income | 1.16B |
Other Income Expense Net | 0 |
EBIT | 1.16B |
Interest Income | 54M |
Pretax Income | 1.04B |
Income Tax | 276M |
Minority Interest | 0 |
Net Income | 760M |
Net Income Basic | 760M |
Southwest Airlines Co. income statements (2020) (USD)
October 2020 | September 2020 | June 2020 | March 2020 | |
---|---|---|---|---|
Total Revenue | 1.79B | 1.79B | 1.01B | 4.23B |
Cost of Revenue | 0 | 2.85B | 2.69B | 3.62B |
Gross Profit | 1.79B | -1.05B | -1.68B | 610M |
Research & Development | 0 | N.A | N.A | N.A |
Selling General & Admin | 0 | N.A | N.A | N.A |
Operating Expense | 3.35B | 3.34B | 2.91B | 4.32B |
Operating Income | -1.56B | -1.54B | -1.9B | -88M |
Other Income Expense Net | 0 | N.A | 658M | -56M |
EBIT | -1.56B | -1.54B | -1.9B | -88M |
Interest Income | 96M | 100M | 89M | 23M |
Pretax Income | -1.54B | -1.54B | -1.24B | -144M |
Income Tax | -385M | -385M | -324M | -50M |
Minority Interest | 0 | 0 | 0 | 0 |
Net Income | -1.16B | -1.16B | -0.92B | -94M |
Net Income Basic | -1.16B | -1.16B | -0.92B | -94M |
Southwest Airlines Co. income statements (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Total Revenue | 5.73B | 5.64B | 5.91B | 5.15B |
Cost of Revenue | 4.28B | 4.04B | 4.18B | 3.90B |
Gross Profit | 1.45B | 1.60B | 1.73B | 1.25B |
Research & Development | N.A | N.A | N.A | N.A |
Selling General & Admin | N.A | N.A | N.A | N.A |
Operating Expense | 5.04B | 4.80B | 4.94B | 4.63B |
Operating Income | 685M | 838M | 0.97B | 516M |
Other Income Expense Net | -19M | -19M | 2M | -12M |
EBIT | 685M | 838M | 0.97B | 516M |
Interest Income | 14M | 10M | 14M | 13M |
Pretax Income | 666M | 819M | 0.97B | 504M |
Income Tax | 152M | 160M | 227M | 117M |
Minority Interest | 0 | 0 | 0 | 0 |
Net Income | 514M | 659M | 741M | 387M |
Net Income Basic | 514M | 659M | 741M | 387M |
Southwest Airlines Co. income statements (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Total Revenue | 5.70B | 5.58B | 5.74B | 4.94B |
Cost of Revenue | 4.13B | 4.06B | 4.06B | 3.74B |
Gross Profit | 1.58B | 1.52B | 1.69B | 1.21B |
Research & Development | N.A | N.A | N.A | N.A |
Selling General & Admin | N.A | 739M | 731M | 625M |
Operating Expense | 4.89B | 4.80B | 4.79B | 4.36B |
Operating Income | 819M | 778M | 0.96B | 580M |
Other Income Expense Net | -2M | 8M | 4M | 22M |
EBIT | 819M | 778M | 0.96B | 580M |
Interest Income | N.A | 33M | 33M | 19M |
Pretax Income | 817M | 786M | 0.96B | 602M |
Income Tax | 163M | 171M | 227M | 139M |
Minority Interest | 0 | 0 | 0 | 0 |
Net Income | 654M | 615M | 733M | 463M |
Net Income Basic | 654M | 615M | 733M | 463M |
Southwest Airlines Co. income statements (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Total Revenue | 5.27B | 5.27B | 5.74B |
Cost of Revenue | 3.84B | 3.64B | 3.65B |
Gross Profit | 1.44B | 1.63B | 2.09B |
Research & Development | N.A | N.A | N.A |
Selling General & Admin | N.A | 699M | 682M |
Operating Expense | 4.50B | 4.34B | 4.34B |
Operating Income | 773M | 0.93B | 1.41B |
Other Income Expense Net | -36M | -137M | -238M |
EBIT | 773M | 0.93B | 1.41B |
Interest Income | 19M | 12M | 12M |
Pretax Income | 737M | 791M | 1.17B |
Income Tax | -1.15B | 288M | 424M |
Minority Interest | 0 | 0 | 0 |
Net Income | 1.89B | 503M | 746M |
Net Income Basic | 1.89B | 503M | 746M |
Southwest Airlines Co. balance sheet (2022) (USD)
August 2022 | |
---|---|
Current Cash | 16.43B |
Receivables | 1.39B |
Inventory | 751M |
Current Assets | 19.40B |
Other Current Assets | 825M |
Short Term Investments | 825M |
Long Term Investments | 18.91B |
Property/Plant Equipment | 15.59B |
Good Will | N.A |
Intangible Assets | 295M |
Tangible Assets (Net) | 9.86B |
Other Assets | 552M |
Total Assets | 38.30B |
Accounts Payable | 1.59B |
Other Current Liabilities | 8.46B |
Total Current Liabilities | 11.71B |
Total Liabilities | 27.18B |
Long Term Debt | 8.88B |
Current Long Term Debt | 1.66B |
Minority Interest | 0 |
Common Stock | 593M |
Treasury Stock | -10.85B |
Retained Earnings | 16.31B |
Capital Surplus | N.A |
Shareholder Equity | 11.12B |
Other Liabilities | N.A |
Southwest Airlines Co. balance sheet (2020) (USD)
October 2020 | September 2020 | June 2020 | March 2020 | |
---|---|---|---|---|
Current Cash | 14.56B | 12.11B | 12.35B | 3.94B |
Receivables | 897M | 897M | 770M | 709M |
Inventory | 426M | 426M | 422M | 518M |
Current Assets | 16.13B | 16.13B | 15.87B | 7.03B |
Other Current Assets | 248M | 248M | 223M | 256M |
Short Term Investments | 248M | 2.45B | 2.11B | 1.61B |
Long Term Investments | 19.47B | 180M | 68M | 60M |
Property/Plant Equipment | 16.06B | 17.82B | 18.09B | 18.27B |
Good Will | N.A | N.A | N.A | N.A |
Intangible Assets | 295M | 295M | 295M | 296M |
Tangible Assets (Net) | 8.50B | 8.80B | 9.91B | 8.11B |
Other Assets | 384M | 204M | 299M | 264M |
Total Assets | 35.61B | 35.61B | 35.60B | 26.89B |
Accounts Payable | 0.98B | 315M | 336M | 431M |
Other Current Liabilities | 6.10B | 6.41B | 7.92B | 6.62B |
Total Current Liabilities | 7.80B | 7.80B | 9.36B | 10.24B |
Total Liabilities | 25.84B | 25.84B | 24.72B | 17.81B |
Long Term Debt | 10.14B | 11.56B | 10.39B | 3.22B |
Current Long Term Debt | 720M | 720M | 695M | 2.80B |
Minority Interest | 0 | 0 | 0 | 0 |
Common Stock | 5.06B | 590.27M | 589.87M | 508.89M |
Treasury Stock | -10.88B | 10.88B | 10.88B | 10.89B |
Retained Earnings | 15.69B | 15.69B | 16.84B | 17.76B |
Capital Surplus | N.A | 4.18B | 4.16B | 1.58B |
Shareholder Equity | 9.77B | 9.77B | 10.88B | 9.08B |
Other Liabilities | N.A | N.A | N.A | N.A |
Southwest Airlines Co. balance sheet (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Current Cash | 2.55B | 2.49B | 2.45B | 2.34B |
Receivables | 0.94B | 867M | 777M | 784M |
Inventory | 529M | 528M | 510M | 484M |
Current Assets | 5.97B | 5.65B | 5.55B | 5.48B |
Other Current Assets | 287M | 239M | 281M | 354M |
Short Term Investments | 1.52B | 1.53B | 1.54B | 1.52B |
Long Term Investments | 49M | 80M | 120M | 150M |
Property/Plant Equipment | 18.37B | 19.19B | 19.16B | 19.28B |
Good Will | N.A | N.A | N.A | N.A |
Intangible Assets | 296M | 311M | 312M | 313M |
Tangible Assets (Net) | 7.58B | 8.96B | 8.97B | 8.82B |
Other Assets | 232M | 212M | 207M | 197M |
Total Assets | 27.01B | 26.47B | 26.37B | 26.46B |
Accounts Payable | 595M | 499M | 440M | 442M |
Other Current Liabilities | 7.11B | 6.97B | 6.90B | 7.06B |
Total Current Liabilities | 8.95B | 8.63B | 8.61B | 8.72B |
Total Liabilities | 17.18B | 16.54B | 16.43B | 16.67B |
Long Term Debt | 2.82B | 3.41B | 3.52B | 3.75B |
Current Long Term Debt | 819M | 637M | 654M | 571M |
Minority Interest | 0 | 0 | 0 | 0 |
Common Stock | 519.06M | 526.28M | 537.52M | 543.06M |
Treasury Stock | 10.44B | 9.89B | 9.39B | 8.95B |
Retained Earnings | 17.95B | 17.53B | 16.96B | 16.32B |
Capital Surplus | 1.58B | 1.55B | 1.53B | 1.51B |
Shareholder Equity | 9.83B | 9.93B | 9.94B | 9.79B |
Other Liabilities | N.A | N.A | N.A | N.A |
Southwest Airlines Co. balance sheet (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Current Cash | 1.85B | 2.10B | 2.11B | 1.82B |
Receivables | 568M | 784M | 765M | 680M |
Inventory | 461M | 483M | 459M | 430M |
Current Assets | 5.03B | 5.60B | 5.41B | 4.80B |
Other Current Assets | 310M | 514M | 498M | 448M |
Short Term Investments | 1.84B | 1.72B | 1.57B | 1.42B |
Long Term Investments | 95M | 333M | 275M | 175M |
Property/Plant Equipment | 19.53B | 19.28B | 19.07B | 18.77B |
Good Will | N.A | N.A | N.A | N.A |
Intangible Assets | 400M | 403M | 406M | 410M |
Tangible Assets (Net) | 7.41B | 9.18B | 9.03B | 8.65B |
Other Assets | 164M | 231M | 272M | 302M |
Total Assets | 27.30B | 26.88B | 26.47B | 25.50B |
Accounts Payable | 454M | 439M | 429M | 347M |
Other Current Liabilities | 6.63B | 6.86B | 6.65B | 6.17B |
Total Current Liabilities | 7.91B | 7.84B | 7.72B | 7.16B |
Total Liabilities | 17.45B | 16.73B | 16.47B | 15.88B |
Long Term Debt | 2.82B | 3.16B | 3.22B | 3.30B |
Current Long Term Debt | 606M | 346M | 365M | 365M |
Minority Interest | 0 | 0 | 0 | 0 |
Common Stock | 552.60M | 562.31M | 573.02M | 579.80M |
Treasury Stock | 8.45B | 7.95B | 7.46B | 6.96B |
Retained Earnings | 15.97B | 15.40B | 14.88B | 14.24B |
Capital Surplus | 1.51B | 1.49B | 1.47B | 1.45B |
Shareholder Equity | 9.85B | 10.15B | 10B | 9.62B |
Other Liabilities | N.A | N.A | N.A | N.A |
Southwest Airlines Co. balance sheet (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Current Cash | 1.50B | 1.46B | 1.54B |
Receivables | 662M | 579M | 576M |
Inventory | 420M | 438M | 365M |
Current Assets | 4.82B | 4.28B | 4.34B |
Other Current Assets | 460M | 223M | 250M |
Short Term Investments | 1.78B | 1.58B | 1.62B |
Long Term Investments | 136M | 84M | 92M |
Property/Plant Equipment | 18.54B | 18.16B | 17.68B |
Good Will | N.A | N.A | N.A |
Intangible Assets | 413M | 416M | 419M |
Tangible Assets (Net) | 7.99B | 7.83B | 7.56B |
Other Assets | 161M | 264M | 335M |
Total Assets | 26.03B | 24.25B | 23.92B |
Accounts Payable | 347M | 337M | 281M |
Other Current Liabilities | 6.01B | 6.13B | 6.24B |
Total Current Liabilities | 6.91B | 6.97B | 7.10B |
Total Liabilities | 15.60B | 15.45B | 15.39B |
Long Term Debt | 3.41B | 2.86B | 2.89B |
Current Long Term Debt | 348M | 316M | 307M |
Minority Interest | 0 | 0 | 0 |
Common Stock | 588.55M | 593.39M | 598.57M |
Treasury Stock | 6.46B | 6.11B | 5.82B |
Retained Earnings | 14.62B | 12.81B | 12.38B |
Capital Surplus | 1.45B | 1.44B | 1.42B |
Shareholder Equity | 10.43B | 8.80B | 8.53B |
Other Liabilities | N.A | N.A | N.A |
Southwest Airlines Co. cash flow (2022) (USD)
August 2022 | |
---|---|
Net Income | 760M |
Depreciation | 325M |
Changes in Receivables | 1.39B |
Changes in Inventories | 751M |
Cash Change | 16.43B |
Cash Flow | 1.91B |
Capital Expenditures | -0.99B |
Investments | N.A |
Investing Activity (other) | N.A |
Total Investing Cash Flows | -1.55B |
Dividends Paid | N.A |
Net Borrowings | -6.72B |
Other Financing Cash Flows | N.A |
Cash Flow Financing | -216M |
Exchange Rate Effect | N.A |
Southwest Airlines Co. cash flow (2020) (USD)
October 2020 | September 2020 | June 2020 | March 2020 | |
---|---|---|---|---|
Net Income | -1.16B | -1.16B | -0.92B | -94M |
Depreciation | 0.94B | 316M | 313M | 311M |
Changes in Receivables | 127M | -127M | -61M | 235M |
Changes in Inventories | 4M | N.A | N.A | N.A |
Cash Change | 105M | -242M | 8.41B | 1.39B |
Cash Flow | -531M | -1.05B | 897M | -377M |
Capital Expenditures | -425M | -89M | -112M | -224M |
Investments | N.A | -345M | -499M | -81M |
Investing Activity (other) | N.A | N.A | N.A | N.A |
Total Investing Cash Flows | -107M | -434M | 332M | -5M |
Dividends Paid | N.A | N.A | N.A | -188M |
Net Borrowings | -3.96B | 1.11B | 3.96B | 2.42B |
Other Financing Cash Flows | N.A | 121M | 0.91B | -20M |
Cash Flow Financing | 10.20B | 1.24B | 7.18B | 1.77B |
Exchange Rate Effect | N.A | N.A | N.A | N.A |
Southwest Airlines Co. cash flow (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Net Income | 514M | 659M | 741M | 387M |
Depreciation | 313M | 308M | 301M | 297M |
Changes in Receivables | -77M | -90M | 7M | -216M |
Changes in Inventories | N.A | N.A | N.A | N.A |
Cash Change | 60M | 42M | 102M | 490M |
Cash Flow | 824M | 1.09B | 0.97B | 1.11B |
Capital Expenditures | -261M | -376M | -230M | -160M |
Investments | 5M | 16M | -21M | 324M |
Investing Activity (other) | N.A | N.A | N.A | N.A |
Total Investing Cash Flows | 144M | -360M | -251M | 164M |
Dividends Paid | N.A | -96M | -98M | -178M |
Net Borrowings | -370M | -70M | -76M | -99M |
Other Financing Cash Flows | 1M | -33M | 1M | -12M |
Cash Flow Financing | -0.91B | -690M | -613M | -779M |
Exchange Rate Effect | N.A | N.A | N.A | N.A |
Southwest Airlines Co. cash flow (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Net Income | 654M | 615M | 733M | 463M |
Depreciation | 331M | 301M | 292M | 277M |
Changes in Receivables | 216M | -19M | -85M | -18M |
Changes in Inventories | N.A | N.A | N.A | N.A |
Cash Change | -250M | -10M | 292M | 327M |
Cash Flow | 0.99B | 1.27B | 1.63B | 1B |
Capital Expenditures | -543M | -463M | -537M | -433M |
Investments | -125M | -146M | -156M | 360M |
Investing Activity (other) | N.A | N.A | N.A | N.A |
Total Investing Cash Flows | -668M | -604M | -693M | -73M |
Dividends Paid | N.A | -92M | -92M | -148M |
Net Borrowings | -87M | -98M | -75M | -82M |
Other Financing Cash Flows | 7M | 3M | 14M | 119M |
Cash Flow Financing | -571M | -678M | -645M | -602M |
Exchange Rate Effect | N.A | N.A | N.A | N.A |
Southwest Airlines Co. cash flow (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Net Income | 1.89B | 503M | 746M |
Depreciation | 279M | 302M | 319M |
Changes in Receivables | -83M | -3M | 9M |
Changes in Inventories | N.A | N.A | N.A |
Cash Change | 35M | -77M | -314M |
Cash Flow | 563M | 1B | 745M |
Capital Expenditures | -533M | -654M | -599M |
Investments | -202M | 34M | 16M |
Investing Activity (other) | N.A | N.A | N.A |
Total Investing Cash Flows | -735M | -620M | -583M |
Dividends Paid | N.A | -75M | -76M |
Net Borrowings | 542M | -106M | -59M |
Other Financing Cash Flows | 8M | 20M | 52M |
Cash Flow Financing | 207M | -453M | -476M |
Exchange Rate Effect | N.A | N.A | N.A |
Southwest Airlines Co. dividends (USD)
Ex date | Payment date | Record date | Declared date | Amount | Description | Frequency |
---|---|---|---|---|---|---|
03-03-2020 | 25-03-2020 | 04-03-2020 | N.A | 0.18 | Ordinary Shares | Quarterly |
10-12-2019 | 08-01-2020 | 11-12-2019 | N.A | 0.18 | Ordinary Shares | Quarterly |
20-08-2019 | 11-09-2019 | 21-08-2019 | N.A | 0.18 | Ordinary Shares | Quarterly |
04-06-2019 | 26-06-2019 | 05-06-2019 | N.A | 0.18 | Ordinary Shares | Quarterly |
05-03-2019 | 27-03-2019 | 06-03-2019 | N.A | 0.16 | Ordinary Shares | Quarterly |
04-12-2018 | 02-01-2019 | 05-12-2018 | N.A | 0.16 | Ordinary Shares | Quarterly |
21-08-2018 | 12-09-2018 | 22-08-2018 | N.A | 0.16 | Ordinary Shares | Quarterly |
05-06-2018 | 27-06-2018 | 06-06-2018 | N.A | 0.16 | Ordinary Shares | Quarterly |
06-03-2018 | 28-03-2018 | 07-03-2018 | N.A | 0.13 | Ordinary Shares | Quarterly |
06-12-2017 | 04-01-2018 | 07-12-2017 | N.A | 0.13 | Ordinary Shares | Quarterly |
22-08-2017 | 14-09-2017 | 24-08-2017 | N.A | 0.13 | Ordinary Shares | Quarterly |
05-06-2017 | 28-06-2017 | 07-06-2017 | N.A | 0.13 | Ordinary Shares | Quarterly |
07-03-2017 | 30-03-2017 | 09-03-2017 | N.A | 0.10 | Ordinary Shares | Quarterly |
06-12-2016 | 05-01-2017 | 08-12-2016 | N.A | 0.10 | Ordinary Shares | Quarterly |
16-08-2016 | 08-09-2016 | 18-08-2016 | N.A | 0.10 | Ordinary Shares | Quarterly |
06-06-2016 | 29-06-2016 | 08-06-2016 | N.A | 0.10 | Ordinary Shares | Quarterly |
01-03-2016 | 24-03-2016 | 03-03-2016 | N.A | 0.08 | Ordinary Shares | Quarterly |
08-12-2015 | 07-01-2016 | 10-12-2015 | N.A | 0.08 | Ordinary Shares | Quarterly |
18-08-2015 | 10-09-2015 | 20-08-2015 | N.A | 0.08 | Ordinary Shares | Quarterly |
01-06-2015 | 24-06-2015 | 03-06-2015 | N.A | 0.08 | Ordinary Shares | Quarterly |
Total Valuation
Southwest Airlines Co has a market cap or net worth of $21.86 billion. The enterprise value is $16.88 billion.
Important Dates
Share Statistics
Southwest Airlines Co has 593.75 million shares outstanding.
Valuation Ratios
The trailing PE ratio is 26.4673 and the forward PE ratio is 11.8192. Southwest Airlines Co's PEG ratio is 0.0007.
Stock Price Statistics
The stock price has increased by 0.0992%. The beta is 1.0079, so Southwest Airlines Co's price volatility has been higher than the market average.
Income Statement
In the last 12 months, Southwest Airlines Co had revenue of $22.69 billion and earned $22.69 billion in profits. Earnings per share was $1.34.