Southwest Airlines Company (LUV)
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
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% |