Southwest Airlines Co.

NYSE: LUV · Real-Time Price · USD
30.70
-0.27 (-0.87%)
At close: Aug 14, 2025, 3:59 PM
30.67
-0.08%
Pre-market: Aug 15, 2025, 06:32 AM EDT

Southwest Airlines Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
27.48B 26.09B 23.81B 15.79B
Cost of Revenue
23.02B 21.87B 19.06B 11.68B
Gross Profit
4.46B 4.22B 4.75B 4.12B
Operating Income
321M 224M 1.02B 1.72B
Interest Income
497M 583M 217M 13M
Pretax Income
598M 633M 728M 1.32B
Net Income
465M 465M 539M 977M
Selling & General & Admin
n/a 3.99B 3.73B 2.39B
Research & Development
n/a n/a n/a n/a
Other Expenses
4.14B n/a n/a 6M
Operating Expenses
4.14B 3.99B 3.73B 2.39B
Interest Expense
214M 236M 301M 431M
Selling & Marketing Expenses
n/a 266M 224M 185M
Cost & Expenses
27.16B 25.87B 22.8B 14.07B
Income Tax Expense
133M 168M 189M 348M
Shares Outstanding (Basic)
598M 595M 593M 592M
Shares Outstanding (Diluted)
643M 640M 642M 609M
EPS (Basic)
0.81 0.81 0.91 1.65
EPS (Diluted)
0.75 0.76 0.87 1.61
EBITDA
2.47B 2.39B 2.38B 3.03B
EBIT
812M 869M 1.03B 1.76B
Depreciation & Amortization
1.66B 1.52B 1.35B 1.27B