
Southwest Airlines Co.
LUV
26.49
USD+0.03
(+0.11%)Day's range
25.885
26.585
52 wk Range
23.58
36.12
LUV Income Statement
Period Ending | Dec 31, 1985 | Dec 31, 1986 | Dec 31, 1987 | Dec 31, 1988 | Dec 31, 1989 | Dec 31, 1990 | Dec 31, 1991 | Dec 31, 1992 | Dec 31, 1993 | Dec 31, 1994 | Dec 31, 1995 | Dec 31, 1996 | Dec 31, 1997 | Dec 31, 1998 | Dec 31, 1999 | Dec 31, 2000 | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 679,700,000 | 755,900,000 | 765,100,000 | 860,400,000 | 1,015,100,000 | 1,186,800,000 | 1,313,600,000 | 1,685,200,000 | 2,296,700,000 | 2,591,933,000 | 2,872,751,000 | 3,406,170,000 | 3,816,821,000 | 4,163,980,000 | 4,735,587,000 | 5,649,560,000 | 5,555,174,000 | 5,521,771,000 | 5,937,000,000 | 6,530,000,000 | 7,584,000,000 | 9,086,000,000 | 9,861,000,000 | 11,023,000,000 | 10,350,000,000 | 12,104,000,000 | 15,658,000,000 | 17,088,000,000 | 17,699,000,000 | 18,605,000,000 | 19,820,000,000 | 20,425,000,000 | 21,171,000,000 | 21,965,000,000 | 22,428,000,000 | 9,048,000,000 | 15,790,000,000 | 23,814,000,000 | 26,091,000,000 | 27,483,000,000 | |
Cost of Revenue | 311,200,000 | 267,200,000 | 351,600,000 | 400,200,000 | 482,700,000 | 596,000,000 | 675,300,000 | 793,100,000 | 1,098,700,000 | 1,526,200,000 | 1,748,000,000 | 2,107,300,000 | 2,204,000,000 | 2,228,503,000 | 2,535,300,000 | 2,965,575,000 | 3,150,046,000 | 3,232,627,000 | 3,353,000,000 | 3,687,000,000 | 4,210,000,000 | 5,238,000,000 | 6,018,000,000 | 3,618,000,000 | 2,859,000,000 | 3,384,000,000 | 7,866,000,000 | 14,243,000,000 | 14,209,000,000 | 14,049,000,000 | 13,423,000,000 | 14,151,000,000 | 14,968,000,000 | 15,907,000,000 | 16,445,000,000 | 10,938,000,000 | 11,675,000,000 | 19,062,000,000 | 21,868,000,000 | 23,024,000,000 | |
Gross Profit | 368,500,000 | 488,700,000 | 413,500,000 | 460,200,000 | 532,400,000 | 590,800,000 | 638,300,000 | 892,100,000 | 1,198,000,000 | 1,065,733,000 | 1,124,751,000 | 1,298,870,000 | 1,612,821,000 | 1,935,477,000 | 2,200,287,000 | 2,683,985,000 | 2,405,128,000 | 2,289,144,000 | 2,584,000,000 | 2,843,000,000 | 3,374,000,000 | 3,848,000,000 | 3,843,000,000 | 7,405,000,000 | 7,491,000,000 | 8,720,000,000 | 7,792,000,000 | 2,845,000,000 | 3,490,000,000 | 4,556,000,000 | 6,397,000,000 | 6,274,000,000 | 6,203,000,000 | 6,058,000,000 | 5,983,000,000 | -1,890,000,000 | 4,115,000,000 | 4,752,000,000 | 4,223,000,000 | 4,459,000,000 | |
Gross Profit Margin | 0.542 | 0.647 | 0.54 | 0.535 | 0.524 | 0.498 | 0.486 | 0.529 | 0.522 | 0.411 | 0.392 | 0.381 | 0.423 | 0.465 | 0.465 | 0.475 | 0.433 | 0.415 | 0.435 | 0.435 | 0.445 | 0.424 | 0.39 | 0.672 | 0.724 | 0.72 | 0.498 | 0.166 | 0.197 | 0.245 | 0.323 | 0.307 | 0.293 | 0.276 | 0.267 | -0.209 | 0.261 | 0.2 | 0.162 | 0.162 | |
R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
General & Administrative Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,339,500,000 | 1,444,600,000 | 1,659,800,000 | 1,699,542,000 | 2,018,600,000 | 2,053,337,000 | 2,304,432,000 | 2,462,429,000 | 2,578,806,000 | 2,875,000,000 | 3,034,000,000 | 3,319,000,000 | 3,705,000,000 | 3,929,000,000 | 4,156,000,000 | 3,468,000,000 | 3,704,000,000 | 4,371,000,000 | 0 | 0 | 0 | 0 | 2,471,000,000 | 2,623,000,000 | 2,637,000,000 | 2,814,000,000 | 1,770,000,000 | 2,203,000,000 | 3,511,000,000 | 3,726,000,000 | 0 | |
Selling & Marketing Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -151,200,000 | -123,400,000 | -140,900,000 | -157,200,000 | -157,800,000 | -156,400,000 | -159,309,000 | -103,014,000 | -54,669,000 | -48,000,000 | -2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 223,000,000 | 208,000,000 | 207,000,000 | 218,000,000 | 232,000,000 | 224,000,000 | 215,000,000 | 212,000,000 | 156,000,000 | 185,000,000 | 224,000,000 | 266,000,000 | 0 | |
SG&A Expenses | 236,300,000 | 345,100,000 | 330,800,000 | 308,100,000 | 362,400,000 | 429,400,000 | 489,200,000 | 608,200,000 | 786,700,000 | 1,188,300,000 | 1,321,200,000 | 1,518,900,000 | 1,542,342,000 | 1,860,800,000 | 1,896,937,000 | 2,145,123,000 | 2,359,415,000 | 2,524,137,000 | 2,827,000,000 | 3,032,000,000 | 3,319,000,000 | 3,705,000,000 | 3,929,000,000 | 4,156,000,000 | 3,468,000,000 | 3,704,000,000 | 4,371,000,000 | 223,000,000 | 208,000,000 | 207,000,000 | 218,000,000 | 2,703,000,000 | 2,847,000,000 | 2,852,000,000 | 3,026,000,000 | 1,926,000,000 | 2,388,000,000 | 3,735,000,000 | 3,992,000,000 | 0 | |
Other Expenses | 53,600,000 | 67,500,000 | 65,500,000 | 66,200,000 | 72,300,000 | 79,400,000 | 86,200,000 | 101,200,000 | 119,300,000 | 1,368,024,000 | 1,567,820,000 | 1,914,735,000 | 2,156,043,000 | 2,036,669,000 | 2,498,774,000 | 2,944,726,000 | 3,067,764,000 | 3,111,948,000 | 3,566,000,000 | 3,531,000,000 | 4,062,000,000 | 5,100,000,000 | 5,857,000,000 | 1,984,000,000 | 1,953,000,000 | 2,054,000,000 | 2,594,000,000 | 181,000,000 | 32,000,000 | -309,000,000 | -556,000,000 | -162,000,000 | -234,000,000 | 2,852,000,000 | 3,026,000,000 | 1,926,000,000 | 2,394,000,000 | 3,735,000,000 | 0 | 4,138,000,000 | |
Total Operating Expenses | 289,900,000 | 412,600,000 | 396,300,000 | 374,300,000 | 434,700,000 | 508,800,000 | 575,400,000 | 709,400,000 | 906,000,000 | 2,556,324,000 | 2,889,020,000 | 3,433,635,000 | 3,698,385,000 | 3,897,469,000 | 4,395,711,000 | 5,089,849,000 | 5,427,179,000 | 5,636,085,000 | 6,393,000,000 | 6,563,000,000 | 7,381,000,000 | 8,805,000,000 | 9,786,000,000 | 9,758,000,000 | 5,421,000,000 | 5,758,000,000 | 6,965,000,000 | 2,039,000,000 | 2,126,000,000 | 2,205,000,000 | 2,242,000,000 | 2,514,000,000 | 2,688,000,000 | 2,852,000,000 | 3,026,000,000 | 1,926,000,000 | 2,394,000,000 | 3,735,000,000 | 3,992,000,000 | 4,138,000,000 | |
Total Costs & Expenses | 601,100,000 | 679,800,000 | 747,900,000 | 774,500,000 | 917,400,000 | 1,104,800,000 | 1,250,700,000 | 1,502,500,000 | 2,004,700,000 | 4,082,524,000 | 4,637,020,000 | 5,540,935,000 | 5,902,385,000 | 6,125,972,000 | 6,931,011,000 | 8,055,424,000 | 8,577,225,000 | 8,868,712,000 | 9,746,000,000 | 10,250,000,000 | 11,591,000,000 | 14,043,000,000 | 15,804,000,000 | 9,758,000,000 | 8,280,000,000 | 9,142,000,000 | 14,831,000,000 | 16,282,000,000 | 16,335,000,000 | 16,254,000,000 | 15,665,000,000 | 16,665,000,000 | 17,656,000,000 | 18,759,000,000 | 19,471,000,000 | 12,864,000,000 | 14,069,000,000 | 22,797,000,000 | 25,867,000,000 | 27,162,000,000 | |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94,000,000 | 51,000,000 | 13,000,000 | 30,000,000 | 10,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 9,000,000 | 24,000,000 | 35,000,000 | 69,000,000 | 90,000,000 | 32,000,000 | 13,000,000 | 217,000,000 | 583,000,000 | 497,000,000 | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 119,000,000 | 130,000,000 | 165,000,000 | 167,000,000 | 182,000,000 | 126,000,000 | 107,000,000 | 107,000,000 | 90,000,000 | 75,000,000 | 65,000,000 | 93,000,000 | 82,000,000 | 314,000,000 | 431,000,000 | 301,000,000 | 236,000,000 | 214,000,000 | |
Depreciation & Amortization | 53,600,000 | 67,500,000 | 65,500,000 | 66,200,000 | -72,300,000 | -79,400,000 | -86,200,000 | -101,200,000 | -119,300,000 | 139,045,000 | 156,771,000 | 183,470,000 | 195,568,000 | 225,212,000 | 248,660,000 | 281,276,000 | 317,831,000 | 356,304,000 | 384,000,000 | 431,000,000 | 469,000,000 | 515,000,000 | 555,000,000 | 587,000,000 | 616,000,000 | 628,000,000 | 715,000,000 | 844,000,000 | 867,000,000 | 938,000,000 | 1,015,000,000 | 1,221,000,000 | 1,218,000,000 | 1,201,000,000 | 1,219,000,000 | 1,255,000,000 | 1,272,000,000 | 1,351,000,000 | 1,522,000,000 | 1,657,000,000 | |
EBITDA | 132,200,000 | 143,600,000 | 82,700,000 | 152,100,000 | 133,400,000 | 150,300,000 | 139,600,000 | 276,100,000 | 402,900,000 | -576,700,000 | -701,800,000 | -1,951,295,000 | -1,889,996,000 | -1,729,277,000 | -1,918,900,000 | 1,303,276,000 | 948,953,000 | -3,035,040,000 | 763,000,000 | -3,289,000,000 | 1,194,000,000 | 1,449,000,000 | 1,732,000,000 | 982,000,000 | 945,000,000 | 1,522,000,000 | 1,220,000,000 | 1,655,000,000 | 2,211,000,000 | 2,884,000,000 | 4,564,000,000 | 4,670,000,000 | 4,519,000,000 | 4,423,000,000 | 4,229,000,000 | -2,699,000,000 | 3,028,000,000 | 2,380,000,000 | 2,391,000,000 | 2,504,000,000 | |
EBITDA Margin | 0.194 | 0.19 | 0.108 | 0.177 | 0.131 | 0.127 | 0.106 | 0.164 | 0.175 | -0.222 | -0.244 | -0.573 | -0.495 | -0.415 | -0.405 | 0.231 | 0.171 | -0.55 | 0.129 | -0.504 | 0.157 | 0.159 | 0.176 | 0.089 | 0.091 | 0.126 | 0.078 | 0.097 | 0.125 | 0.155 | 0.23 | 0.229 | 0.213 | 0.201 | 0.189 | -0.298 | 0.192 | 0.1 | 0.092 | 0.091 | |
Operating Income | 78,600,000 | 76,100,000 | 17,200,000 | 85,900,000 | 97,700,000 | 82,000,000 | 62,900,000 | 182,700,000 | 292,000,000 | 316,709,000 | 313,531,000 | 350,835,000 | 524,236,000 | 683,611,000 | 781,576,000 | 1,021,145,000 | 631,122,000 | 417,338,000 | 483,000,000 | 554,000,000 | 820,000,000 | 934,000,000 | 791,000,000 | 449,000,000 | 262,000,000 | 988,000,000 | 693,000,000 | 623,000,000 | 1,278,000,000 | 2,225,000,000 | 4,116,000,000 | 3,760,000,000 | 3,515,000,000 | 3,206,000,000 | 2,957,000,000 | -3,816,000,000 | 1,721,000,000 | 1,017,000,000 | 224,000,000 | 321,000,000 | |
Operating Income Margin | 0.116 | 0.101 | 0.022 | 0.1 | 0.096 | 0.069 | 0.048 | 0.108 | 0.127 | 0.122 | 0.109 | 0.103 | 0.137 | 0.164 | 0.165 | 0.181 | 0.114 | 0.076 | 0.081 | 0.085 | 0.108 | 0.103 | 0.08 | 0.041 | 0.025 | 0.082 | 0.044 | 0.036 | 0.072 | 0.12 | 0.208 | 0.184 | 0.166 | 0.146 | 0.132 | -0.422 | 0.109 | 0.043 | 0.009 | 0.012 | |
Total Other Income/Expenses (Net) | -17,800,000 | -10,700,000 | 11,900,000 | -500,000 | 13,300,000 | -7,200,000 | -19,100,000 | -35,900,000 | -32,300,000 | -17,209,000 | -8,431,000 | -9,473,000 | -7,280,000 | 21,501,000 | -8,389,000 | -4,000,000 | 196,537,000 | 51,682,000 | 225,000,000 | -65,000,000 | 54,000,000 | -144,000,000 | 267,000,000 | -171,000,000 | -98,000,000 | -243,000,000 | -370,000,000 | 62,000,000 | -69,000,000 | -409,000,000 | -637,000,000 | -72,000,000 | -142,000,000 | -42,000,000 | 0 | -440,000,000 | -396,000,000 | -289,000,000 | 409,000,000 | 277,000,000 | |
Income Before Tax | 60,800,000 | 65,400,000 | 29,100,000 | 85,400,000 | 111,000,000 | 74,800,000 | 43,800,000 | 146,800,000 | 259,700,000 | 299,523,000 | 305,140,000 | 341,362,000 | 516,956,000 | 705,112,000 | 773,611,000 | 1,017,364,000 | 827,659,000 | 392,682,000 | 708,000,000 | 489,000,000 | 874,000,000 | 790,000,000 | 1,058,000,000 | 278,000,000 | 164,000,000 | 745,000,000 | 323,000,000 | 685,000,000 | 1,209,000,000 | 1,816,000,000 | 3,479,000,000 | 3,547,000,000 | 3,251,000,000 | 3,164,000,000 | 2,957,000,000 | -4,256,000,000 | 1,325,000,000 | 728,000,000 | 633,000,000 | 598,000,000 | |
Pre-Tax Income Margin | 0.089 | 0.087 | 0.038 | 0.099 | 0.109 | 0.063 | 0.033 | 0.087 | 0.113 | 0.116 | 0.106 | 0.1 | 0.135 | 0.169 | 0.163 | 0.18 | 0.149 | 0.071 | 0.119 | 0.075 | 0.115 | 0.087 | 0.107 | 0.025 | 0.016 | 0.062 | 0.021 | 0.04 | 0.068 | 0.098 | 0.176 | 0.174 | 0.154 | 0.144 | 0.132 | -0.47 | 0.084 | 0.031 | 0.024 | 0.022 | |
Income Tax Expense | 13,500,000 | 15,400,000 | 8,900,000 | 27,400,000 | 39,400,000 | 27,700,000 | 16,900,000 | 55,800,000 | 105,400,000 | 120,192,000 | 122,514,000 | 134,025,000 | 199,184,000 | 271,681,000 | 299,233,000 | 392,140,000 | 316,512,000 | 151,713,000 | 266,000,000 | 176,000,000 | 326,000,000 | 291,000,000 | 413,000,000 | 100,000,000 | 65,000,000 | 286,000,000 | 145,000,000 | 264,000,000 | 455,000,000 | 680,000,000 | 1,298,000,000 | 1,303,000,000 | -237,000,000 | 699,000,000 | 657,000,000 | -1,182,000,000 | 348,000,000 | 189,000,000 | 168,000,000 | 133,000,000 | |
Net Income | 47,300,000 | 50,000,000 | 20,200,000 | 58,000,000 | 71,600,000 | 47,100,000 | 26,900,000 | 103,500,000 | 169,600,000 | 179,331,000 | 182,626,000 | 207,337,000 | 317,772,000 | 433,431,000 | 474,378,000 | 603,093,000 | 511,147,000 | 240,969,000 | 442,000,000 | 313,000,000 | 548,000,000 | 499,000,000 | 645,000,000 | 178,000,000 | 99,000,000 | 459,000,000 | 178,000,000 | 421,000,000 | 754,000,000 | 1,136,000,000 | 2,181,000,000 | 2,244,000,000 | 3,488,000,000 | 2,465,000,000 | 2,300,000,000 | -3,074,000,000 | 977,000,000 | 539,000,000 | 465,000,000 | 465,000,000 | |
Net Income Margin | 0.07 | 0.066 | 0.026 | 0.067 | 0.071 | 0.04 | 0.02 | 0.061 | 0.074 | 0.069 | 0.064 | 0.061 | 0.083 | 0.104 | 0.1 | 0.107 | 0.092 | 0.044 | 0.074 | 0.048 | 0.072 | 0.055 | 0.065 | 0.016 | 0.01 | 0.038 | 0.011 | 0.025 | 0.043 | 0.061 | 0.11 | 0.11 | 0.165 | 0.112 | 0.103 | -0.34 | 0.062 | 0.023 | 0.018 | 0.017 | |
Earnings Per Share (EPS) | 0.07 | 0.07 | 0.03 | 0.08 | 0.1 | 0.07 | 0.04 | 0.15 | 0.23 | 0.24 | 0.25 | 0.27 | 0.43 | 0.58 | 0.63 | 0.81 | 0.67 | 0.24 | 0.57 | 0.4 | 0.69 | 0.63 | 0.85 | 0.24 | 0.13 | 0.62 | 0.23 | 0.56 | 1.06 | 1.65 | 3.3 | 3.58 | 5.8 | 4.3 | 4.28 | -5.44 | 1.65 | 0.91 | 0.81 | 0.78 | |
Diluted Earnings Per Share (EPS) | 0.07 | 0.07 | 0.03 | 0.08 | 0.1 | 0.07 | 0.04 | 0.15 | 0.23 | 0.24 | 0.25 | 0.27 | 0.41 | 0.55 | 0.59 | 0.76 | 0.63 | 0.24 | 0.55 | 0.38 | 0.68 | 0.61 | 0.84 | 0.24 | 0.13 | 0.61 | 0.23 | 0.56 | 1.05 | 1.63 | 3.26 | 3.55 | 5.78 | 4.29 | 4.27 | -5.44 | 1.6 | 0.84 | 0.76 | 0.75 | |
Weighted Average Shares Outstanding | 675,714,286 | 714,285,714 | 673,333,333 | 725,000,000 | 716,000,000 | 672,857,143 | 672,500,000 | 690,000,000 | 737,391,304 | 747,083,333 | 730,400,000 | 766,163,184 | 739,641,724 | 747,294,828 | 753,968,254 | 745,238,095 | 762,905,970 | 1,004,166,667 | 775,000,000 | 782,500,000 | 793,442,623 | 792,063,492 | 758,823,529 | 735,000,000 | 741,000,000 | 746,000,000 | 774,000,000 | 750,000,000 | 710,000,000 | 687,000,000 | 661,000,000 | 627,000,000 | 601,000,000 | 573,000,000 | 538,000,000 | 565,000,000 | 592,000,000 | 593,000,000 | 595,000,000 | 616,485,212 | |
Weighted Average Shares Outstanding (Diluted) | 675,714,286 | 714,285,714 | 673,333,333 | 725,000,000 | 716,000,000 | 672,857,143 | 672,500,000 | 690,000,000 | 737,391,304 | 747,083,333 | 730,400,000 | 779,130,435 | 766,057,500 | 792,861,585 | 805,084,746 | 792,405,063 | 811,344,444 | 1,004,166,667 | 808,695,652 | 823,684,211 | 806,666,667 | 818,032,787 | 767,857,143 | 739,000,000 | 741,000,000 | 747,000,000 | 775,000,000 | 757,000,000 | 718,000,000 | 696,000,000 | 669,000,000 | 633,000,000 | 603,000,000 | 574,000,000 | 539,000,000 | 565,000,000 | 609,000,000 | 642,000,000 | 640,000,000 | 643,000,000 |