Southwest Airlines Co. (LUV)
NYSE: LUV · Real-Time Price · USD
31.77
-0.59 (-1.82%)
At close: Nov 20, 2024, 4:00 PM
31.75
-0.02 (-0.06%)
Pre-market: Nov 21, 2024, 7:01 AM EST
Southwest Airlines Co. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Operating Revenue | 25,059 | 23,812 | 21,585 | 14,253 | 7,826 | 20,948 | Upgrade
|
| Other Revenue | 2,317 | 2,279 | 2,229 | 1,537 | 1,222 | 1,480 | Upgrade
|
| Revenue | 27,376 | 26,091 | 23,814 | 15,790 | 9,048 | 22,428 | Upgrade
|
| Revenue Growth (YoY) | 7.61% | 9.56% | 50.82% | 74.51% | -59.66% | 2.11% | Upgrade
|
| Cost of Revenue | 21,438 | 19,996 | 17,845 | 13,457 | 9,908 | 15,417 | Upgrade
|
| Gross Profit | 5,938 | 6,095 | 5,969 | 2,333 | -860 | 7,011 | Upgrade
|
| Selling, General & Admin | 266 | 266 | 224 | 185 | 157 | 216 | Upgrade
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| Other Operating Expenses | 3,744 | 3,428 | 3,316 | 2,005 | 1,743 | 2,628 | Upgrade
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| Operating Expenses | 5,675 | 5,216 | 4,891 | 3,462 | 3,155 | 4,063 | Upgrade
|
| Operating Income | 263 | 879 | 1,078 | -1,129 | -4,015 | 2,948 | Upgrade
|
| Interest Expense | -225 | -236 | -301 | -431 | -314 | -82 | Upgrade
|
| Interest & Investment Income | 550 | 583 | 217 | 13 | 32 | 90 | Upgrade
|
| Other Non Operating Income (Expenses) | 66 | 43 | -70 | 60 | -94 | 1 | Upgrade
|
| EBT Excluding Unusual Items | 654 | 1,269 | 924 | -1,487 | -4,391 | 2,957 | Upgrade
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| Merger & Restructuring Charges | - | - | - | 140 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | 4 | -4 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 222 | - | Upgrade
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| Asset Writedown | - | - | - | - | -32 | - | Upgrade
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| Legal Settlements | -107 | -107 | - | - | - | - | Upgrade
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| Other Unusual Items | -564 | -533 | -192 | 2,672 | -55 | - | Upgrade
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| Pretax Income | -17 | 633 | 728 | 1,325 | -4,256 | 2,957 | Upgrade
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| Income Tax Expense | 31 | 168 | 189 | 348 | -1,182 | 657 | Upgrade
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| Net Income | -48 | 465 | 539 | 977 | -3,074 | 2,300 | Upgrade
|
| Net Income to Common | -48 | 465 | 539 | 977 | -3,074 | 2,300 | Upgrade
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| Net Income Growth | - | -13.73% | -44.83% | - | - | -6.69% | Upgrade
|
| Shares Outstanding (Basic) | 597 | 595 | 593 | 592 | 565 | 538 | Upgrade
|
| Shares Outstanding (Diluted) | 597 | 640 | 642 | 609 | 565 | 539 | Upgrade
|
| Shares Change (YoY) | -6.53% | -0.31% | 5.42% | 7.79% | 4.82% | -6.10% | Upgrade
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| EPS (Basic) | -0.08 | 0.78 | 0.91 | 1.65 | -5.44 | 4.28 | Upgrade
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| EPS (Diluted) | -0.08 | 0.76 | 0.87 | 1.61 | -5.44 | 4.27 | Upgrade
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| EPS Growth | - | -13.46% | -45.72% | - | - | -0.47% | Upgrade
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| Free Cash Flow | -1,927 | -389 | -156 | 1,811 | -1,642 | 2,960 | Upgrade
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| Free Cash Flow Per Share | -3.23 | -0.61 | -0.24 | 2.97 | -2.91 | 5.49 | Upgrade
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| Dividend Per Share | 0.720 | 0.720 | 0.180 | - | 0.180 | 0.700 | Upgrade
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| Dividend Growth | 0% | 300.00% | - | - | -74.29% | 15.70% | Upgrade
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| Gross Margin | 21.69% | 23.36% | 25.07% | 14.78% | -9.50% | 31.26% | Upgrade
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| Operating Margin | 0.96% | 3.37% | 4.53% | -7.15% | -44.37% | 13.14% | Upgrade
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| Profit Margin | -0.18% | 1.78% | 2.26% | 6.19% | -33.97% | 10.26% | Upgrade
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| Free Cash Flow Margin | -7.04% | -1.49% | -0.66% | 11.47% | -18.15% | 13.20% | Upgrade
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| EBITDA | 1,682 | 2,155 | 2,197 | -70 | -2,963 | 3,990 | Upgrade
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| EBITDA Margin | 6.14% | 8.26% | 9.23% | -0.44% | -32.75% | 17.79% | Upgrade
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| D&A For EBITDA | 1,419 | 1,276 | 1,119 | 1,059 | 1,052 | 1,042 | Upgrade
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| EBIT | 263 | 879 | 1,078 | -1,129 | -4,015 | 2,948 | Upgrade
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| EBIT Margin | 0.96% | 3.37% | 4.53% | -7.15% | -44.37% | 13.14% | Upgrade
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| Effective Tax Rate | - | 26.54% | 25.96% | 26.26% | - | 22.22% | Upgrade
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| Revenue as Reported | 27,376 | 26,091 | 23,814 | 15,790 | 9,048 | 22,428 | Upgrade
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| Advertising Expenses | - | 266 | 224 | 185 | 156 | 212 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.