Southwest Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Southwest Airlines
LUV Stock  USD 32.13  0.40  1.26%   
Southwest Airlines financial statements provide useful quarterly and yearly information to potential Southwest Airlines investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southwest Airlines financial statements helps investors assess Southwest Airlines' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southwest Airlines' valuation are summarized below:
Gross Profit
5.9 B
Profit Margin
0.0169
Market Capitalization
18.8 B
Enterprise Value Revenue
0.66
Revenue
27.5 B
There are over one hundred nineteen available fundamental trend indicators for Southwest Airlines, which can be analyzed over time and compared to other ratios. All traders should should double-check Southwest Airlines' current fundamental trends against the trends from 2010 to 2025 to make sure the company is sustainable. Market Cap is likely to climb to about 19.6 B in 2025. Enterprise Value is likely to climb to about 20.1 B in 2025

Southwest Airlines Total Revenue

28.86 Billion

Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 224.7 M or Total Revenue of 28.9 B, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0218 or PTB Ratio of 1.9. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Southwest Airlines Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets35.4 B33.8 B25.7 B
Slightly volatile
Short and Long Term Debt Total8.5 B8.1 B5.6 B
Slightly volatile
Other Current Liabilities10.1 B9.6 B3.1 B
Slightly volatile
Total Current Liabilities12.9 B12.3 B7.7 B
Slightly volatile
Total Stockholder Equity5.5 B10.3 B8.2 B
Slightly volatile
Property Plant And Equipment Net21.4 B20.4 B16.1 B
Slightly volatile
Retained Earnings17.1 B16.3 B12 B
Slightly volatile
Cash7.9 B7.5 B4.5 B
Slightly volatile
Non Current Assets Total23.6 B22.5 B17.8 B
Slightly volatile
Cash And Short Term Investments9.2 B8.7 B6.3 B
Slightly volatile
Net Receivables1.2 B1.1 B733 M
Slightly volatile
Common Stock Shares Outstanding576.4 M643 M644.7 M
Slightly volatile
Liabilities And Stockholders Equity35.4 B33.8 B25.7 B
Slightly volatile
Non Current Liabilities Total11.7 B11.1 B9.5 B
Slightly volatile
Inventory840 M800 M495.9 M
Slightly volatile
Other Current Assets331.4 M639 M481.3 M
Slightly volatile
Total Liabilities24.6 B23.4 B17.2 B
Slightly volatile
Total Current Assets11.8 B11.3 B7.9 B
Slightly volatile
Short Term Debt2 B1.9 B740 M
Slightly volatile
Intangible Assets309.3 M300 M350.1 M
Pretty Stable
Accounts Payable671.4 M339 M959.8 M
Pretty Stable
Current Deferred Revenue119.7 M126 M3.1 B
Slightly volatile
Common Stock769.2 M1 B797.4 M
Slightly volatile
Common Stock Total Equity776.3 M1 B797.8 M
Slightly volatile
Property Plant And Equipment Gross37.1 B35.3 B20.7 B
Slightly volatile
Other Liabilities6.2 B5.9 B4 B
Slightly volatile
Long Term Debt3.8 B5.1 B4.4 B
Slightly volatile
Property Plant Equipment13.8 B21.5 B15.7 B
Slightly volatile
Short Term Investments1.8 B1.2 B1.8 B
Slightly volatile
Net Tangible Assets8.9 B15 B9 B
Slightly volatile
Long Term Debt Total9.7 B9.3 B5.2 B
Slightly volatile
Capital Surpluse4.9 B4.6 B2.5 B
Slightly volatile
Non Current Liabilities Other209.9 M221 M1.2 B
Slightly volatile
Long Term Investments205 M367 M171.2 M
Slightly volatile
Short and Long Term Debt1.7 B1.6 B522 M
Slightly volatile
Cash And Equivalents6.4 B10.9 B4.8 B
Slightly volatile
Net Invested Capital18.5 B17 B15.7 B
Slightly volatile
Capital Stock951.7 M1 B850.3 M
Slightly volatile
Capital Lease Obligations1.2 B1.4 B1.4 B
Very volatile

Southwest Airlines Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.7 B1.7 B1.1 B
Slightly volatile
Total Revenue28.9 B27.5 B19.2 B
Slightly volatile
Other Operating Expenses28.5 B27.2 B17.7 B
Slightly volatile
Cost Of Revenue24.2 B23 B14.8 B
Slightly volatile
Total Operating Expenses4 B4.1 B2.9 B
Pretty Stable
Selling General Administrative3.7 B4.3 B4 B
Slightly volatile
Selling And Marketing Expenses182.9 M305.9 M214.6 M
Slightly volatile
Non Recurring33.3 M35.1 M67.7 M
Slightly volatile
Interest Income267.4 M497 M367.7 M
Slightly volatile
Reconciled Depreciation1.5 B1.7 B1.3 B
Slightly volatile

Southwest Airlines Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow9.8 B9.3 B4.2 B
Slightly volatile
Capital Expenditures1.4 B2.1 B1.7 B
Slightly volatile
End Period Cash Flow7.9 B7.5 B4.5 B
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.060.75411.2202
Pretty Stable
Dividend Yield0.02180.02070.0119
Slightly volatile
PTB Ratio1.92.00252.4811
Very volatile
Days Sales Outstanding9.8214.741814.8398
Slightly volatile
Book Value Per Share17.6316.788713.7431
Slightly volatile
Stock Based Compensation To Revenue0.0030.00410.0026
Very volatile
PB Ratio1.92.00252.4811
Very volatile
EV To Sales0.740.77411.2921
Very volatile
Inventory Turnover36.0628.7831.7679
Pretty Stable
Days Of Inventory On Hand9.8212.682412.063
Pretty Stable
Payables Turnover71.3167.917433.5011
Slightly volatile
Sales General And Administrative To Revenue0.160.14280.1697
Slightly volatile
Capex To Revenue0.07190.07570.0983
Slightly volatile
Cash Per Share14.8614.152810.3167
Slightly volatile
Days Payables Outstanding5.115.374219.4164
Slightly volatile
Income Quality0.940.99352.9776
Pretty Stable
Intangibles To Total Assets0.04080.03760.0387
Slightly volatile
Current Ratio1.180.91841.0541
Pretty Stable
Tangible Book Value Per Share15.4714.728712.192
Slightly volatile
Receivables Turnover29.3124.759531.7714
Slightly volatile
Graham Number9.4716.879722.4884
Pretty Stable
Shareholders Equity Per Share17.6316.788713.7431
Slightly volatile
Debt To Equity0.440.77860.6307
Slightly volatile
Capex Per Share3.543.3742.8246
Slightly volatile
Revenue Per Share46.8144.580130.7452
Slightly volatile
Interest Debt Per Share14.0913.4189.4996
Slightly volatile
Debt To Assets0.230.23880.2153
Pretty Stable
Operating Cycle19.6427.424326.9027
Slightly volatile
Price Book Value Ratio1.92.00252.4811
Very volatile
Days Of Payables Outstanding5.115.374219.4164
Slightly volatile
Ebt Per Ebit1.961.86291.1354
Slightly volatile
Company Equity Multiplier2.023.26092.8683
Slightly volatile
Long Term Debt To Capitalization0.340.32880.3251
Slightly volatile
Total Debt To Capitalization0.270.43770.3651
Slightly volatile
Debt Equity Ratio0.440.77860.6307
Slightly volatile
Quick Ratio1.10.85320.9842
Pretty Stable
Net Income Per E B T0.540.77760.7084
Pretty Stable
Cash Ratio0.720.61170.5548
Slightly volatile
Days Of Inventory Outstanding9.8212.682412.063
Pretty Stable
Days Of Sales Outstanding9.8214.741814.8398
Slightly volatile
Price To Book Ratio1.92.00252.4811
Very volatile
Fixed Asset Turnover0.821.34561.1347
Pretty Stable
Debt Ratio0.230.23880.2153
Pretty Stable
Price Sales Ratio1.060.75411.2202
Pretty Stable
Asset Turnover0.830.81430.7735
Slightly volatile
Price Fair Value1.92.00252.4811
Very volatile

Southwest Airlines Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap19.6 B18.7 B24.7 B
Pretty Stable
Enterprise Value20.1 B19.1 B25.4 B
Pretty Stable

Southwest Fundamental Market Drivers

Forward Price Earnings18.3486
Cash And Short Term Investments8.7 B

Southwest Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue126 M119.7 M
Total Revenue27.5 B28.9 B
Cost Of Revenue23 B24.2 B
Sales General And Administrative To Revenue 0.14  0.16 
Capex To Revenue 0.08  0.07 
Revenue Per Share 44.58  46.81 
Ebit Per Revenue 0.01  0.01 

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Additional Tools for Southwest Stock Analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.
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