Southwest Airlines Co. (LUV)

AI Score

Unlock

24.04

-0.70 (-2.83%)

At close: Apr 21, 2025, 3:59 PM

24.10

0.27%

After-hours: Apr 21, 2025, 06:04 PM EDT

Southwest Airlines Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	6.93B	6.87B	7.35B	6.33B	6.82B	6.53B	7.04B	5.71B	6.17B	6.22B	6.73B	4.69B	5.05B	4.68B	4.01B	2.05B	2.01B	1.79B	1.01B	4.23B	5.73B	5.64B	5.91B	5.15B	5.7B	5.58B	5.74B	4.94B	5.27B	5.27B	5.74B	4.88B	5.08B	5.14B	5.38B	4.83B
Cost of Revenue	5.7B	5.75B	5.81B	5.68B	6.1B	5.45B	5.29B	5.04B	5.17B	5.01B	4.78B	4.11B	4.17B	3.28B	2.83B	1.39B	2.66B	2.72B	1.92B	3.65B	4.3B	4.06B	4.17B	3.91B	4.13B	4.04B	4.04B	3.7B	3.83B	3.74B	3.81B	3.58B	3.57B	3.79B	3.49B	3.3B
Gross Profit	1.23B	1.12B	1.55B	647M	727M	1.07B	1.75B	668M	1.01B	1.21B	1.95B	580M	879M	1.4B	1.18B	662M	-649M	-923M	-907M	588M	1.43B	1.58B	1.74B	1.24B	1.58B	1.54B	1.7B	1.24B	1.44B	1.53B	1.93B	1.3B	1.5B	1.35B	1.9B	1.52B
Operating Income	278M	38M	457M	-369M	-404M	117M	795M	-145M	-225M	395M	1.16B	-292M	195M	733M	594M	199M	-1.17B	-1.41B	-1.13B	-110M	665M	819M	968M	505M	820M	798M	972M	616M	773M	834M	1.25B	658M	846M	695M	1.28B	944M
Interest Income	105M	121M	130M	141M	158M	156M	144M	125M	116M	70M	28M	3M	7M	2M	2M	2M	2M	4M	9M	17M	20M	23M	24M	23M	23M	20M	15M	12M	11M	9M	8M	7M	7M	6M	6M	5M
Pretax Income	329M	89M	478M	-298M	-286M	237M	886M	-205M	-286M	353M	1.04B	-376M	78M	600M	502M	146M	-1.33B	-1.54B	-1.24B	-144M	666M	819M	968M	504M	817M	786M	960M	602M	737M	791M	1.17B	553M	809M	618M	1.3B	816M
Net Income	261M	67M	367M	-231M	-252M	193M	683M	-159M	-220M	277M	760M	-278M	68M	446M	348M	116M	-908M	-1.16B	-915M	-94M	514M	659M	741M	387M	654M	615M	733M	463M	1.89B	503M	746M	351M	522M	388M	820M	511M
Selling & General & Admin	n/a	1.08B	1.09B	1.02B	1.13B	956M	954M	950M	1.39B	817M	789M	729M	682M	661M	585M	n/a	157M	n/a	n/a	n/a	216M	n/a	n/a	n/a	227M	n/a	n/a	n/a	238M	n/a	n/a	n/a	232M	n/a	n/a	n/a
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	950M	2M	-2M	-1M	5M	23M	7M	952M	1.39B	819M	791M	731M	-10M	-29M	14M	48M	-63M	-35M	-32M	-2M	766M	-3M	-2M	-2M	-2M	-8M	-4M	-4M	-28M	-39M	-74M	-94M	-26M	-64M	43M	-114M
Operating Expenses	950M	1.08B	1.09B	1.02B	1.13B	958M	956M	952M	1.39B	819M	791M	731M	684M	662M	586M	463M	520M	488M	220M	698M	765M	762M	768M	730M	757M	739M	731M	625M	666M	699M	682M	642M	659M	658M	619M	578M
Interest Expense	47M	54M	55M	58M	58M	59M	60M	60M	60M	75M	82M	84M	114M	106M	108M	103M	101M	100M	89M	23M	19M	20M	22M	22M	24M	24M	23M	22M	19M	13M	14M	18M	18M	19M	21M	19M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	266M	n/a	n/a	n/a	224M	n/a	n/a	n/a	185M	n/a	n/a	n/a	156M	n/a	n/a	n/a	212M	n/a	n/a	n/a	215M	n/a	n/a	n/a	224M	n/a	n/a	n/a	232M	n/a	n/a	n/a
Cost & Expenses	6.65B	6.78B	6.9B	6.7B	7.23B	6.41B	6.24B	5.99B	6.56B	5.83B	5.57B	4.84B	4.86B	3.95B	3.41B	1.85B	3.18B	3.2B	2.13B	4.34B	5.06B	4.82B	4.94B	4.64B	4.88B	4.78B	4.77B	4.33B	4.5B	4.44B	4.49B	4.22B	4.23B	4.44B	4.11B	3.88B
Income Tax Expense	68M	22M	111M	-67M	-34M	44M	203M	-46M	-66M	76M	276M	-98M	10M	154M	154M	30M	-423M	-385M	-324M	-50M	152M	160M	227M	117M	163M	171M	227M	139M	-1.15B	288M	424M	202M	287M	230M	484M	305M
Shares Outstanding (Basic)	628.95M	599M	599M	597M	596M	596M	595M	594M	594M	627.67M	631.68M	591.49M	592M	592M	591M	591M	588.21M	590M	561.35M	515M	525M	533M	542M	551M	560M	569M	578M	587M	592M	597M	604M	613M	617M	618M	632M	641M
Shares Outstanding (Diluted)	641M	601M	643M	597M	596M	640M	639M	594M	594M	639M	635M	592M	603M	607M	615M	609M	590M	590M	563M	515M	527M	534M	542M	552M	561M	569M	579M	588M	594M	598M	605M	614M	621M	625M	639M	648M
EPS (Basic)	0.45	0.11	0.61	-0.39	-0.42	0.32	1.15	-0.27	-0.37	0.44	1.20	-0.47	0.11	0.75	0.59	0.20	-1.54	-1.96	-1.63	-0.18	0.98	1.24	1.37	0.70	1.17	1.08	1.27	0.79	3.19	0.84	1.24	0.57	0.85	0.63	1.30	0.80
EPS (Diluted)	0.41	0.11	0.57	-0.39	-0.42	0.30	1.07	-0.27	-0.37	0.43	1.20	-0.47	0.11	0.73	0.57	0.19	-1.54	-1.96	-1.63	-0.18	0.98	1.23	1.37	0.70	1.17	1.08	1.27	0.79	3.18	0.84	1.23	0.57	0.84	0.62	1.28	0.79
EBITDA	795M	581M	937M	168M	210M	671M	1.31B	220M	142M	763M	1.44B	32M	515M	1.03B	925M	561M	-925M	-1.13B	-837M	190M	993M	1.14B	1.28B	814M	1.11B	1.12B	1.28B	898M	1.03B	1.18B	1.5B	900M	1.15B	949M	1.62B	1.13B
EBIT	376M	143M	533M	-240M	-228M	296M	946M	-145M	-225M	428M	1.12B	-292M	192M	706M	610M	249M	-1.23B	-1.44B	-1.15B	-121M	685M	839M	990M	526M	840M	810M	983M	624M	757M	845M	1.18B	550M	825M	637M	1.32B	835M
Depreciation & Amortization	407M	438M	404M	408M	415M	375M	367M	365M	367M	335M	325M	324M	323M	322M	315M	312M	316M	315M	313M	311M	313M	308M	302M	297M	331M	301M	292M	277M	279M	302M	319M	318M	318M	315M	299M	290M