Southwest Airlines Financials

LUV Stock  USD 34.83  0.68  1.99%   
Based on the key indicators related to Southwest Airlines' liquidity, profitability, solvency, and operating efficiency, Southwest Airlines may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Southwest Airlines' Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to climb to about 1.2 B in 2025, whereas Non Currrent Assets Other are likely to drop slightly above 228.7 M in 2025. Key indicators impacting Southwest Airlines' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.440.7786
Way Down
Slightly volatile
Current Ratio1.180.9184
Significantly Up
Pretty Stable
The financial analysis of Southwest Airlines is a critical element in measuring its lifeblood. Investors should not minimize Southwest Airlines' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

6.38 Billion

  
Please note, the imprecision that can be found in Southwest Airlines' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Southwest Airlines. Check Southwest Airlines' Beneish M Score to see the likelihood of Southwest Airlines' management manipulating its earnings.

Southwest Airlines Stock Summary

Southwest Airlines competes with United Airlines, American Airlines, JetBlue Airways, Delta Air, and Frontier Group. Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. The company was incorporated in 1967 and is headquartered in Dallas, Texas. Southwest Airlines operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 64123 people.
Foreign Associate
  Mexico
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8447411088
CUSIP844741108
LocationTexas; U.S.A
Business AddressPO Box 36611,
SectorPassenger Airlines
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.southwest.com
Phone214 792 4000
CurrencyUSD - US Dollar

Southwest Airlines Key Financial Ratios

Southwest Airlines Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets34.6B36.3B35.4B36.5B33.8B35.4B
Other Current Liab5.5B1.0B3.0B4.8B9.5B10.0B
Net Debt1.1B(199M)(61M)(59M)549M781.9M
Retained Earnings14.8B15.8B16.3B16.3B16.3B17.1B
Cash11.1B12.5B9.5B9.3B7.5B7.9B
Net Receivables1.1B1.4B1.0B1.1B1.1B1.2B
Inventory414M537M790M807M800M840M
Other Current Assets590M1.3B686M532M639M331.4M
Total Liab25.7B25.9B24.7B26.0B23.4B24.6B
Total Current Assets15.2B18.0B14.8B14.0B11.3B11.8B
Short Term Debt915M1.0B534M266M1.9B2.0B
Accounts Payable931M1.3B530M265M339M671.4M
Other Liab4.3B6.5B5.2B5.1B5.9B6.2B
Other Assets1.0B882M855M(11.9B)(10.7B)(10.2B)
Long Term Debt10.1B10.3B8.0B8.0B5.1B3.8B
Treasury Stock(10.4B)(10.9B)(10.9B)(10.8B)(9.8B)(9.3B)
Net Tangible Assets9.8B12.8B9.4B13.0B15.0B8.9B
Long Term Debt Total1.8B10.1B10.3B8.0B9.3B9.7B
Capital Surpluse1.6B4.2B4.2B4.0B4.6B4.9B

Southwest Airlines Key Income Statement Accounts

The reason investors look at the income statement is to determine what Southwest Airlines' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense314M431M301M236M214M224.7M
Total Revenue9.0B15.8B23.8B26.1B27.5B28.9B
Gross Profit(1.9B)4.1B4.8B4.2B4.5B3.5B
Operating Income(3.8B)1.7B1.0B224M321M305.0M
Ebit(4.0B)1.8B1.0B869M847M889.4M
Ebitda(2.7B)3.0B2.4B2.4B2.5B2.6B
Cost Of Revenue10.9B11.7B19.1B21.9B23.0B24.2B
Income Before Tax(4.3B)1.3B728M633M598M842.1M
Net Income(3.1B)977M539M465M534.8M590.3M
Income Tax Expense(1.2B)348M189M168M133M251.9M
Tax Provision(1.2B)348M189M137M133M126.4M
Interest Income32M418M88M541M497M267.4M
Net Interest Income(282M)(418M)(84M)303M283M297.2M

Southwest Airlines Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash8.5B1.4B(3.0B)(204M)(1.8B)(1.7B)
Free Cash Flow(1.6B)1.8B(156M)(389M)(1.6B)(1.5B)
Depreciation1.3B1.3B1.4B1.5B1.7B1.7B
Other Non Cash Items(86M)169M51M(231M)(206M)(195.7M)
Dividends Paid188M0.0214M428M430M451.5M
Capital Expenditures515M511M3.9B3.6B2.1B1.4B
Net Income(3.1B)977M539M465M534.8M649.7M
End Period Cash Flow11.1B12.5B9.5B9.3B7.5B7.9B
Change To Inventory(204M)63M663M(77M)(88.6M)(84.1M)
Investments(744M)(753M)(3.7B)(3.2B)(261M)(248.0M)
Change Receivables(94M)(294M)(701M)422M379.8M398.8M
Net Borrowings(615M)10.8B524M(648M)(745.2M)(707.9M)
Change To Netincome(163M)(764M)173M486M437.4M459.3M

Southwest Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southwest Airlines's current stock value. Our valuation model uses many indicators to compare Southwest Airlines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southwest Airlines competition to find correlations between indicators driving Southwest Airlines's intrinsic value. More Info.
Southwest Airlines is rated fourth overall in return on equity category among its peers. It also is rated fourth overall in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southwest Airlines is roughly  8.75 . At this time, Southwest Airlines' Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Southwest Airlines by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Southwest Airlines Systematic Risk

Southwest Airlines' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southwest Airlines volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Southwest Airlines correlated with the market. If Beta is less than 0 Southwest Airlines generally moves in the opposite direction as compared to the market. If Southwest Airlines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southwest Airlines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southwest Airlines is generally in the same direction as the market. If Beta > 1 Southwest Airlines moves generally in the same direction as, but more than the movement of the benchmark.

Southwest Airlines Thematic Clasifications

Southwest Airlines is part of several thematic ideas from Airlines to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Southwest Airlines Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southwest Airlines' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Southwest Airlines growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(17.15)

At this time, Southwest Airlines' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Southwest Airlines March 22, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Southwest Airlines help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southwest Airlines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southwest Airlines based on widely used predictive technical indicators. In general, we focus on analyzing Southwest Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southwest Airlines's daily price indicators and compare them against related drivers.

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.