Southwest Airlines Company (LUV)

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Stock Price: $58.13 USD -0.18 (-0.31%)

Updated Feb 26, 2021 4:00 PM EST - Market closed

After-hours: $58.40 +0.27 (0.46%) Feb 26, 7:58 PM

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Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.

Year		2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Revenue		9,048	22,428	21,965	21,146	20,289	19,820	18,605	17,699	17,088	15,658	12,104	10,350	11,023	9,861	9,086	7,584	6,530	5,937	5,522	5,555	5,650	4,736	4,164	3,817	3,406	2,873	2,592	2,297	1,803
Revenue Growth		-59.66%	2.11%	3.87%	4.22%	2.37%	6.53%	5.12%	3.58%	9.13%	29.36%	16.95%	-6.11%	11.78%	8.53%	19.8%	16.14%	9.99%	7.52%	-0.59%	-1.67%	19.3%	13.73%	9.1%	12.06%	18.57%	10.83%	12.86%	27.38%	-
Cost of Revenue		3,839	6,933	7,057	6,369	6,057	6,025	7,677	8,307	8,650	7,866	5,358	4,667	5,250	4,022	3,405	2,404	2,059	1,815	1,684	1,672	1,644	1,302	1,108	1,157	1,116	913	791	705	563
Gross Profit		5,209	15,495	14,908	14,777	14,232	13,795	10,928	9,392	8,438	7,792	6,746	5,683	5,773	5,839	5,681	5,180	4,471	4,122	3,838	3,883	4,005	3,434	3,056	2,660	2,290	1,960	1,801	1,592	1,240
Selling, General & Admin		6,811	8,293	7,649	7,305	6,786	6,383	5,434	5,035	4,749	4,371	3,704	3,468	3,340	3,213	3,052	2,782	2,578	2,224	1,993	1,856	1,684	1,455	1,286	1,137	1,000	868	756	642	513
Other Operating Expenses		2,214	4,245	4,053	4,065	3,924	3,296	3,269	3,079	3,066	2,728	2,054	1,953	1,984	1,835	1,695	1,673	1,489	1,415	1,428	1,397	1,300	1,197	1,087	999	939	779	728	658	533
Operating Expenses		9,025	12,538	11,702	11,370	10,710	9,679	8,703	8,114	7,815	7,099	5,758	5,421	5,324	5,048	4,747	4,455	4,067	3,639	3,421	3,253	2,984	2,652	2,373	2,135	1,939	1,647	1,484	1,300	1,046
Operating Income		-3,816	2,957	3,206	3,407	3,522	4,116	2,225	1,278	623	693	988	262	449	791	934	725	404	483	417	630	1,021	782	684	524	351	314	317	292	194
Interest Expense / Income		349	118	131	114	122	121	130	131	147	194	167	186	130	119	128	122	88.00	91.00	106	70.00	69.89	54.15	56.28	63.45	59.27	58.81	53.37	58.46	59.08
Other Expense / Income		91.00	-118	-89.00	28.00	-50.00	516	279	-62.00	-209	176	76.00	-88.00	41.00	-386	16.00	-176	-23.00	-316	-82.00	-268	-43.98	-46.18	-77.78	-56.17	-49.80	-50.42	-36.18	-41.38	-35.26
Pretax Income		-4,256	2,957	3,164	3,265	3,450	3,479	1,816	1,209	685	323	745	164	278	1,058	790	779	339	708	393	828	995	774	705	517	341	305	300	275	170
Income Tax		-1,182	657	699	-92.00	1,267	1,298	680	455	264	145	286	65.00	100	413	291	295	124	266	152	317	392	299	272	199	134	123	120	105	55.82
Net Income		-3,074	2,300	2,465	3,357	2,183	2,181	1,136	754	421	178	459	99.00	178	645	499	484	215	442	241	511	603	474	433	318	207	183	179	170	114
Shares Outstanding (Basic)		590	526	573	601	627	650	679	697	738	779	747	742	740	734	792	793	780	783	775	765	753	757	757	745	734	729	726	-	-
Shares Outstanding (Diluted)		-	-	574	603	633	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Change		12.16%	-8.15%	-4.66%	-4.15%	-3.59%	-4.18%	-2.58%	-5.59%	-5.21%	4.21%	0.69%	0.3%	0.77%	-7.3%	-0.11%	1.69%	-0.43%	1.07%	1.22%	1.67%	-0.51%	-0.02%	1.6%	1.46%	0.76%	0.4%	-	-	-
EPS (Basic)		-5.44	4.28	4.30	5.58	3.48	3.30	1.65	1.06	0.56	0.23	0.62	0.13	0.24	0.85	0.63	0.61	0.27	0.56	0.31	0.67	0.81	0.63	0.58	0.43	0.28	0.25	0.24	0.23	0.16
EPS (Diluted)		-5.44	4.27	4.29	5.57	3.45	3.27	1.64	1.05	0.56	0.23	0.61	0.13	0.24	0.84	0.61	0.60	0.27	0.54	0.30	0.63	0.76	0.59	0.55	0.41	0.27	0.24	-	-	-
EPS Growth		-	-0.47%	-22.98%	61.45%	5.5%	99.39%	56.19%	87.5%	143.48%	-62.3%	369.23%	-45.83%	-71.43%	37.7%	1.67%	122.22%	-50%	80%	-52.38%	-17.11%	28.81%	7.86%	32.45%	52.4%	11.52%	-	-	-	-
Free Cash Flow Per Share		-2.78	5.62	5.19	3.01	3.60	1.84	1.70	1.50	0.97	0.50	1.43	0.54	-3.30	2.06	0.01	1.23	-0.82	0.13	-0.11	0.64	0.22	-0.18	-0.08	-0.11	-0.09	-0.37	-0.52	-	-
Dividend Per Share		0.18	0.70	0.61	0.48	0.38	0.29	0.22	0.13	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Dividend Growth		-74.29%	15.7%	27.37%	26.67%	31.58%	29.55%	69.23%	282.35%	88.89%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	20%	0%	15.38%	30%	11.11%	12.5%	0%	0%	14.29%	-
Gross Margin		57.6%	69.1%	67.9%	69.9%	70.1%	69.6%	58.7%	53.1%	49.4%	49.8%	55.7%	54.9%	52.4%	59.2%	62.5%	68.3%	68.5%	69.4%	69.5%	69.9%	70.9%	72.5%	73.4%	69.7%	67.2%	68.2%	69.5%	69.3%	68.7%
Operating Margin		-42.2%	13.2%	14.6%	16.1%	17.4%	20.8%	12.0%	7.2%	3.6%	4.4%	8.2%	2.5%	4.1%	8.0%	10.3%	9.6%	6.2%	8.1%	7.6%	11.3%	18.1%	16.5%	16.4%	13.7%	10.3%	10.9%	12.2%	12.7%	10.7%
Profit Margin		-34%	10.3%	11.2%	15.9%	10.8%	11%	6.1%	4.3%	2.5%	1.1%	3.8%	1%	1.6%	6.5%	5.5%	6.4%	3.3%	7.4%	4.4%	9.2%	10.7%	10%	10.4%	8.3%	6.1%	6.4%	6.9%	7.4%	6.3%
FCF Margin		-18.1%	13.2%	13.5%	8.5%	11.1%	6.0%	6.2%	5.9%	4.2%	2.5%	8.8%	3.9%	-22.2%	15.4%	0.1%	12.8%	-9.8%	1.7%	-1.5%	8.8%	2.9%	-2.9%	-1.5%	-2.1%	-1.8%	-9.5%	-14.5%	-5.7%	-8.3%
Effective Tax Rate		-	22.2%	22.1%	-	36.7%	37.3%	37.4%	37.6%	38.5%	44.9%	38.4%	39.6%	36.0%	39.0%	36.8%	37.9%	36.6%	37.6%	38.7%	38.3%	39.4%	38.7%	38.5%	38.5%	39.3%	40.2%	40.1%	38.3%	32.8%
EBITDA		-2,652	4,294	4,496	4,597	4,793	4,615	2,884	2,207	1,676	1,232	1,540	966	1,007	1,732	1,433	1,370	858	1,183	855	1,216	1,346	1,076	987	776	584	521	492	453	331
EBITDA Margin		-29.3%	19.1%	20.5%	21.7%	23.6%	23.3%	15.5%	12.5%	9.8%	7.9%	12.7%	9.3%	9.1%	17.6%	15.8%	18.1%	13.1%	19.9%	15.5%	21.9%	23.8%	22.7%	23.7%	20.3%	17.1%	18.1%	19%	19.7%	18.4%
EBIT		-3,907	3,075	3,295	3,379	3,572	3,600	1,946	1,340	832	517	912	350	408	1,177	918	901	427	799	499	898	1,065	828	761	580	401	364	353	333	229
EBIT Margin		-43.2%	13.7%	15.0%	16.0%	17.6%	18.2%	10.5%	7.6%	4.9%	3.3%	7.5%	3.4%	3.7%	11.9%	10.1%	11.9%	6.5%	13.5%	9.0%	16.2%	18.9%	17.5%	18.3%	15.2%	11.8%	12.7%	13.6%	14.5%	12.7%