Southwest Airlines Co.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts…
Airlines, Airports & Air Services
US, Dallas [HQ]
LUV/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,350.00 | 12,104.00 | 15,658.00 | 17,088.00 | 17,699.00 | 18,605.00 | 19,820.00 | 20,425.00 | 21,171.00 | 21,965.00 | 22,428.00 | 9,048.00 | 15,790.00 | 23,814.00 | 26,091.00 | |
|
EPS
|
0.13 | 0.62 | 0.23 | 0.56 | 1.06 | 1.65 | 3.30 | 3.58 | 5.80 | 4.30 | 4.28 | -5.44 | 1.65 | 0.91 | 0.78 | |
| Diluted in mil. | 0.13 | 0.61 | 0.23 | 0.56 | 1.05 | 1.63 | 3.26 | 3.55 | 5.78 | 4.29 | 4.27 | -5.44 | 1.60 | 0.84 | 0.73 | |
|
Profit
|
7,491.00 | 8,720.00 | 7,792.00 | 2,845.00 | 3,490.00 | 4,556.00 | 6,397.00 | 6,274.00 | 6,203.00 | 6,058.00 | 5,983.00 | -1,890.00 | 4,115.00 | 4,752.00 | 4,223.00 | |
| Gross Margin | 72.38 | 72.04 | 49.76 | 16.65 | 19.72 | 24.49 | 32.28 | 30.72 | 29.30 | 27.58 | 26.68 | -20.89 | 26.06 | 19.95 | 16.19 | |
| Pre Tax | 164.00 | 745.00 | 323.00 | 685.00 | 1,209.00 | 1,816.00 | 3,479.00 | 3,547.00 | 3,251.00 | 3,164.00 | 2,957.00 | -4,256.00 | 1,325.00 | 728.00 | 633.00 | |
| Profit Margin | 1.58 | 6.15 | 2.06 | 4.01 | 6.83 | 9.76 | 17.55 | 17.37 | 15.36 | 14.40 | 13.18 | -47.04 | 8.39 | 3.06 | 2.43 | |
| ETR | 39.63 | 38.39 | 44.89 | 38.54 | 37.63 | 37.44 | 37.31 | 36.74 | -7.29 | 22.09 | 22.22 | 27.77 | 26.26 | 25.96 | 26.54 | |
| Net | 99.00 | 459.00 | 178.00 | 421.00 | 754.00 | 1,136.00 | 2,181.00 | 2,244.00 | 3,488.00 | 2,465.00 | 2,300.00 | -3,074.00 | 977.00 | 539.00 | 465.00 | |
| Profit Margin | 0.96 | 3.79 | 1.14 | 2.46 | 4.26 | 6.11 | 11.00 | 10.99 | 16.48 | 11.22 | 10.26 | -33.97 | 6.19 | 2.26 | 1.78 | |
| EBITDA | 891.00 | 1,646.00 | 1,552.00 | 1,838.00 | 2,269.00 | 2,987.00 | 4,623.00 | 4,843.00 | 4,534.00 | 4,458.00 | 4,258.00 | -2,687.00 | 3,028.00 | 2,573.00 | 2,331.00 | |
| EBITDA Margin | 8.61 | 13.60 | 9.91 | 10.76 | 12.82 | 16.05 | 23.32 | 23.71 | 21.42 | 20.30 | 18.99 | -29.70 | 19.18 | 10.80 | 8.93 | |
| Operating Income | 262.00 | 988.00 | 693.00 | 623.00 | 1,278.00 | 2,225.00 | 4,116.00 | 3,760.00 | 3,515.00 | 3,206.00 | 2,957.00 | -3,816.00 | 1,721.00 | 1,017.00 | 224.00 | |
| Operating Margin | 2.53 | 8.16 | 4.43 | 3.65 | 7.22 | 11.96 | 20.77 | 18.41 | 16.60 | 14.60 | 13.18 | -42.18 | 10.90 | 4.27 | 0.86 | |
| Interest Income | 13.00 | 30.00 | 10.00 | 7.00 | 6.00 | 7.00 | 9.00 | 24.00 | 35.00 | 69.00 | 90.00 | 32.00 | 13.00 | 217.00 | 583.00 | |
| Loss | -8,280.00 | -9,142.00 | -14,831.00 | -16,282.00 | -16,335.00 | -16,254.00 | -15,665.00 | -16,665.00 | -17,656.00 | -18,759.00 | -19,471.00 | -12,864.00 | -14,069.00 | -22,797.00 | -25,867.00 | |
| Cost of Revenue | -2,859.00 | -3,384.00 | -7,866.00 | -14,243.00 | -14,209.00 | -14,049.00 | -13,423.00 | -14,151.00 | -14,968.00 | -15,907.00 | -16,445.00 | -10,938.00 | -11,675.00 | -19,062.00 | -21,868.00 | |
|
Operating Expenses
|
-5,421.00 | -5,758.00 | -6,965.00 | -2,039.00 | -2,126.00 | -2,205.00 | -2,242.00 | -2,514.00 | -2,688.00 | -2,852.00 | -3,026.00 | -1,926.00 | -2,394.00 | -3,735.00 | -3,999.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -3,468.00 | -3,704.00 | -4,371.00 | - - | - - | - - | - - | -2,471.00 | -2,623.00 | -2,637.00 | -2,814.00 | -1,770.00 | -2,203.00 | -3,511.00 | -3,726.00 | |
| SG&A | -3,468.00 | -3,704.00 | -4,371.00 | -223.00 | -208.00 | -207.00 | -218.00 | -2,703.00 | -2,847.00 | -2,852.00 | -3,026.00 | -1,926.00 | -2,388.00 | -3,735.00 | -3,992.00 | |
| S&M | - - | - - | - - | -223.00 | -208.00 | -207.00 | -218.00 | -232.00 | -224.00 | -215.00 | -212.00 | -156.00 | -185.00 | -224.00 | -266.00 | |
| Depreciation and Amortization | -616.00 | -628.00 | -715.00 | -844.00 | -867.00 | -938.00 | -1,015.00 | -1,221.00 | -1,218.00 | -1,201.00 | -1,219.00 | -1,255.00 | -1,272.00 | -1,351.00 | -1,522.00 | |
| Interest Expenses | -165.00 | -167.00 | -182.00 | -126.00 | -107.00 | -107.00 | -90.00 | -75.00 | -65.00 | -93.00 | -82.00 | -314.00 | -431.00 | -301.00 | -236.00 | |
| Other Expenses | -54.00 | -106.00 | -332.00 | -2.00 | -54.00 | -435.00 | -595.00 | -162.00 | -234.00 | -42.00 | -8.00 | -440.00 | -396.00 | -289.00 | -62.00 | |
|
WA Shares Outstanding
|
741.00 | 746.00 | 774.00 | 750.00 | 710.00 | 687.00 | 661.00 | 627.00 | 601.00 | 573.00 | 538.00 | 565.00 | 592.00 | 593.00 | 595.00 | |
| Diluted | 741.00 | 747.00 | 775.00 | 757.00 | 718.00 | 696.00 | 669.00 | 633.00 | 603.00 | 574.00 | 539.00 | 565.00 | 609.00 | 642.00 | 640.00 |