Southwest Income Tax Expense from 2010 to 2024

LUV Stock  USD 32.78  0.31  0.95%   
Southwest Airlines Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Southwest Airlines Income Tax Expense regression line of quarterly data had mean square error of 378016 T and geometric mean of  340,967,978. View All Fundamentals
 
Income Tax Expense  
First Reported
1985-09-30
Previous Quarter
111 M
Current Value
22 M
Quarterly Volatility
150.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. 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.

Latest Southwest Airlines' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Southwest Airlines over the last few years. It is Southwest Airlines' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Southwest Income Tax Expense Regression Statistics

Arithmetic Mean337,008,296
Geometric Mean340,967,978
Coefficient Of Variation178.44
Mean Deviation410,792,257
Median264,000,000
Standard Deviation601,352,522
Sample Variance361624.9T
Range2.5B
R-Value(0.17)
Mean Square Error378016T
R-Squared0.03
Significance0.54
Slope(23,032,603)
Total Sum of Squares5062748T

Southwest Income Tax Expense History

2024254.6 M
2023168 M
2022189 M
2021348 M
2020-1.2 B
2019657 M
2018699 M

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Income Tax Expense, 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
Income Tax Expense168 M254.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.