Southwest Airlines Co. (LUV)
NYSE: LUV · Real-Time Price · USD
29.81
-0.80 (-2.61%)
At close: Feb 21, 2025, 4:00 PM
29.80
-0.01 (-0.03%)
After-hours: Feb 21, 2025, 5:33 PM EST
Southwest Airlines Co. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Operating Revenue | 25,155 | 23,812 | 21,585 | 14,253 | 7,826 | Upgrade
|
| Other Revenue | 2,328 | 2,279 | 2,229 | 1,537 | 1,222 | Upgrade
|
| Revenue | 27,483 | 26,091 | 23,814 | 15,790 | 9,048 | Upgrade
|
| Revenue Growth (YoY) | 5.34% | 9.56% | 50.82% | 74.51% | -59.66% | Upgrade
|
| Cost of Revenue | 21,623 | 19,996 | 17,906 | 13,457 | 9,908 | Upgrade
|
| Gross Profit | 5,860 | 6,095 | 5,908 | 2,333 | -860 | Upgrade
|
| Selling, General & Admin | 346 | 266 | 224 | 185 | 157 | Upgrade
|
| Other Operating Expenses | 3,572 | 3,428 | 3,323 | 2,005 | 1,743 | Upgrade
|
| Operating Expenses | 5,575 | 5,216 | 4,898 | 3,462 | 3,155 | Upgrade
|
| Operating Income | 285 | 879 | 1,010 | -1,129 | -4,015 | Upgrade
|
| Interest Expense | -214 | -236 | -301 | -431 | -314 | Upgrade
|
| Interest & Investment Income | 497 | 583 | 217 | 13 | 32 | Upgrade
|
| Other Non Operating Income (Expenses) | 46 | 43 | -5 | 60 | -94 | Upgrade
|
| EBT Excluding Unusual Items | 614 | 1,269 | 921 | -1,487 | -4,391 | Upgrade
|
| Merger & Restructuring Charges | -5 | - | - | 140 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | 4 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 222 | Upgrade
|
| Asset Writedown | - | - | - | - | -32 | Upgrade
|
| Legal Settlements | - | -107 | - | - | - | Upgrade
|
| Other Unusual Items | -11 | -533 | -193 | 2,672 | -55 | Upgrade
|
| Pretax Income | 598 | 633 | 728 | 1,325 | -4,256 | Upgrade
|
| Income Tax Expense | 133 | 168 | 189 | 348 | -1,182 | Upgrade
|
| Net Income | 465 | 465 | 539 | 977 | -3,074 | Upgrade
|
| Net Income to Common | 465 | 465 | 539 | 977 | -3,074 | Upgrade
|
| Net Income Growth | 0% | -13.73% | -44.83% | - | - | Upgrade
|
| Shares Outstanding (Basic) | 598 | 595 | 593 | 592 | 565 | Upgrade
|
| Shares Outstanding (Diluted) | 643 | 640 | 642 | 609 | 565 | Upgrade
|
| Shares Change (YoY) | 0.47% | -0.31% | 5.42% | 7.79% | 4.82% | Upgrade
|
| EPS (Basic) | 0.78 | 0.78 | 0.91 | 1.65 | -5.44 | Upgrade
|
| EPS (Diluted) | 0.75 | 0.76 | 0.87 | 1.61 | -5.44 | Upgrade
|
| EPS Growth | -0.26% | -13.46% | -45.72% | - | - | Upgrade
|
| Free Cash Flow | -1,618 | -389 | -156 | 1,811 | -1,642 | Upgrade
|
| Free Cash Flow Per Share | -2.52 | -0.61 | -0.24 | 2.97 | -2.91 | Upgrade
|
| Dividend Per Share | 0.720 | 0.720 | 0.180 | - | 0.180 | Upgrade
|
| Dividend Growth | 0% | 300.00% | - | - | -74.29% | Upgrade
|
| Gross Margin | 21.32% | 23.36% | 24.81% | 14.78% | -9.50% | Upgrade
|
| Operating Margin | 1.04% | 3.37% | 4.24% | -7.15% | -44.37% | Upgrade
|
| Profit Margin | 1.69% | 1.78% | 2.26% | 6.19% | -33.97% | Upgrade
|
| Free Cash Flow Margin | -5.89% | -1.49% | -0.66% | 11.47% | -18.15% | Upgrade
|
| EBITDA | 1,671 | 2,155 | 2,129 | -70 | -2,963 | Upgrade
|
| EBITDA Margin | 6.08% | 8.26% | 8.94% | -0.44% | -32.75% | Upgrade
|
| D&A For EBITDA | 1,386 | 1,276 | 1,119 | 1,059 | 1,052 | Upgrade
|
| EBIT | 285 | 879 | 1,010 | -1,129 | -4,015 | Upgrade
|
| EBIT Margin | 1.04% | 3.37% | 4.24% | -7.15% | -44.37% | Upgrade
|
| Effective Tax Rate | 22.24% | 26.54% | 25.96% | 26.26% | - | Upgrade
|
| Revenue as Reported | 27,483 | 26,091 | 23,814 | 15,790 | 9,048 | Upgrade
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| Advertising Expenses | 346 | 266 | 224 | 185 | 156 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.