Southwest Airlines
OverviewSuggest Edit
Southwest Airlines is an airline low-cost carrier. The company operates as a passenger airline that provides point-to-point scheduled air transportation in the United States and near-international markets.
| Type | Public | |
| Founded | 1967 | |
| HQ | Dallas, TX, US | Map |
| Website | southwest.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Buy Now, Pay Later: Leader Uplift Announces New Partnership With Southwest Airlines
- Southwest Airlines says bookings are improving, expects to break even in June
- Southwest Airlines stock rallies after narrower-than-expected loss, raised April outlook
- Southwest Airlines to Discuss First Quarter 2021 Financial Results on April 22, 2021
Key People/Management at Southwest Airlines
Gary C. Kelly
Chairman of the Board & Chief Executive Officer
Douglas H. Brooks
Director
Tom Nealon
President
John G. Denison
Director
Robert E. Jordan
Executive Vice President of Corporate Services
Mark R. Shaw
Executive Vice President, Chief Legal and Regulatory Officer
Southwest Airlines Office Locations
Southwest Airlines has an office in Dallas
Dallas, TX, US (HQ)
2702 Love Field Dr
Southwest Airlines Financials and Metrics
Southwest Airlines Revenue
Southwest Airlines's revenue was reported to be $9.05 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 9.0b |
Net income (FY, 2020) | (3.1b) |
EBIT (FY, 2020) | (3.8b) |
Market capitalization (26-Apr-2021) | 36.9b |
Closing stock price (26-Apr-2021) | 62.0 |
Cash (30-Sept-2020) | 12.1b |
EV | 37.4b |
Southwest Airlines's current market capitalization is $36.9 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.9b | 5.7b | 5.3b | 4.9b | 5.7b | 5.6b | 5.1b | 5.9b | 5.6b | 4.2b | 704.0m | 1.5b |
Cost of goods sold | 3.3b | 3.5b | 3.4b | 3.4b | 3.7b | 3.7b | 3.6b | 3.9b | 3.8b | 3.3b | ||
Gross profit | 1.6b | 2.3b | 1.8b | 1.5b | 2.0b | 1.8b | 1.5b | 2.0b | 1.9b | 899.0m | ||
Gross profit Margin, % | 33% | 39% | 35% | 31% | 35% | 33% | 30% | 34% | 33% | 21% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.9b | 1.5b | 1.5b | 1.8b | 2.1b | 2.1b | 2.3b | 2.4b | 2.5b | 3.9b | 12.4b | 12.1b |
Accounts Receivable | 585.0m | 576.0m | 579.0m | 680.0m | 765.0m | 784.0m | 784.0m | 777.0m | 867.0m | 709.0m | 770.0m | 897.0m |
Prepaid Expenses | 235.0m | 250.0m | 223.0m | 448.0m | 498.0m | 514.0m | 354.0m | 281.0m | 239.0m | 256.0m | 223.0m | 248.0m |
Current Assets | 4.7b | 4.3b | 4.3b | 4.8b | 5.4b | 5.6b | 5.5b | 5.6b | 5.7b | 7.0b | 15.9b | 16.1b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 351.0m | 1.1b | 1.6b | 463.0m | 1.2b | 1.8b | 387.0m | 1.1b | 1.8b | (94.0m) | (1.0b) | (2.2b) |
Depreciation and Amortization | 318.0m | 637.0m | 939.0m | 277.0m | 569.0m | 870.0m | 297.0m | 598.0m | 906.0m | 311.0m | 624.0m | 940.0m |
Accounts Payable | 93.0m | (245.0m) | (156.0m) | (501.0m) | (80.0m) | 80.0m | (257.0m) | (346.0m) | (240.0m) | (1.3b) | (90.0m) | (65.0m) |
Cash From Operating Activities | 1.6b | 2.4b | 3.4b | 1.0b | 2.6b | 3.9b | 1.1b | 2.1b | 3.2b | (377.0m) | 520.0m | (531.0m) |
| USD | Q1, 2017 |
|---|---|
Revenue/Employee | 89.3k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.9 x |
Southwest Airlines Operating Metrics
| FY, 2013 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Destinations | 96 | 93 | 97 | 101 | |||||||||||||||||||
Flights | 1.31 m | 1.26 m | 296.57 k | 326.31 k | 325.3 k | 1.27 m | 314.54 k | 334.45 k | 332.42 k | 1.31 m | 321.79 k | 347.83 k | 341.09 k | ||||||||||
Passenger Load Factor, percent | 80.1% | 82.5% | 80.1% | 84.6% | 85.4% | 83.6% | 80.5% | 85.6% | 85.3% | 84% | 79.9% | 85.6% | 84.8% | ||||||||||
Passengers | 108.08 m | 110.5 m | 26.44 m | 30.8 m | 30.56 m | 118.17 m | 28.6 m | 32.34 m | 31.77 m | 124.72 m | 29.54 m | 33.99 m | 33.03 m | 130.26 m | 31.33 m | 35.27 m | 33.86 m | 134.89 m | 31.3 m | 34.92 m | 33.54 m | 134.06 m | 24.75 m |
Southwest Airlines Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| AirTran Airways | September 28, 2010 | $1.4 b |
| Morris Air | December 14, 1993 | |
| TranStar Airlines | June 25, 1985 | |
| AirTran Airways 717 Leasing Corporation | ||
| AirTran Airways, Inc. | ||
| AirTran Holdings LLC | ||
| AirTran Risk Management Inc. | ||
| Southwest Jet Fuel Co. | ||
| Triple Crown Insurance Co. Ltd. |
Southwest Airlines Revenue Breakdown
Southwest Airlines revenue breakdown by business segment: 92.6% from Passenger and 7.4% from Other
Southwest Airlines Cybersecurity Score
Southwest Airlines Environment, Social & Governance (ESG) Ratings
Southwest Airlines Online and Social Media Presence
2.13m Twitter followers
Southwest Airlines has 2.13m Twitter Followers. The number of followers has decreased 0.1% quarter over quarter
Southwest Airlines's Trends
Twitter Engagement Stats for @SouthwestAir
993.5k
Tweets
1
Following
2.1m
Followers
1k
Tweets last 30 days
0.7
Avg. likes per Tweet
29.5%
Tweets with engagement
Southwest Airlines Company Culture
Overall Culture
A+
81/100
CEO Rating
A+
85/100
Compensation
A+
84/100
Diversity
A
77/100
Southwest Airlines News and Updates
April 23, 2021
Buy Now, Pay Later: Leader Uplift Announces New Partnership With Southwest Airlines
MENLO PARK, Calif., April 23, 2021 /PRNewswire/ -- Uplift, the only enterprise Buy Now, Pay Later solution serving the world's top travel brands, has announced a new partnership with Southwest Airlines Co. Starting today, customers can book their Southwest Airlines® flights to more than...
April 22, 2021
Southwest Airlines says bookings are improving, expects to break even in June
Southwest says leisure bookings are on the rise and that it will increase its flying schedule later this spring.
April 22, 2021
Southwest Airlines stock rallies after narrower-than-expected loss, raised April outlook
Shares of Southwest Airlines Co. rallied 1.3% in premarket trading, after the air carrier reported a narrower-than-expected first-quarter loss but revenue that fell just shy of forecasts, but increased its April outlook for revenue and load factor. The company swung to net income of $116 million, o…
April 15, 2021
Southwest Airlines to Discuss First Quarter 2021 Financial Results on April 22, 2021
DALLAS, April 15, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its first quarter 2021 financial results. Details are as follows: When: Thursday, April 22, 2021 at 12:30 PM Eastern Time Who: Gary Kelly, Chairman of the Board and Chief...
April 10, 2021
A private pilot has offered a free round trip to Austin to a family who were booted off a Southwest Airlines flight, after their toddler couldn't keep his mask on
Summary List PlacementEarlier this month, a family was ordered to leave a Southwest Airlines flight after their two-year-old could not keep his face mask on.
Now, a Good Samaritan has stepped in to help them reach their intended destination at no extra cost, The New York Post reported.
Erik Harvey…
April 04, 2021
Southwest Airlines passengers dance and cheer as couple accused of refusing to wear masks get thrown off flight
Summary List PlacementA TikTok video shows an entire plane clapping and cheering after a couple is escorted off a Southwest Airlines flight, Newsweek reported.
In the video shared by user Brendan Edler, a woman is seen arguing with a crew member.
@b_edler56 ##karen ♬ original sound - Brendan Ed…
Southwest Airlines Blogs
April 30, 2021
Southwest Airlines Returns to Costa Rica in June with fares as low as $129 One-Way
<ul>
<li><em>Southwest resumes service to Central America nonstop from both Houston (Hobby) and Baltimore/Washington (BWI)</em></li>
<li><em>New Southwest service links Denver nonstop to more coastal cities</em></li>
<li>…
April 23, 2021
Buy Now, Pay Later: Leader Uplift Announces New Partnership With Southwest Airlines
<p><strong>MENLO PARK, Calif. </strong>&ndash; <a href="https://www.uplift.com/" target="_blank">Uplift</a>, the only enterprise Buy Now, Pay Later solution serving the world's top travel brands, has announced a new partnership with <a href="http://www.southwest.com/?src=PRPRPRNUpliftPayment210423…
April 22, 2021
Southwest Airlines seeks to advance sustainable aviation fuel through two new energy partnerships
<p><strong>DALLAS</strong> &ndash; <a href="http://www.southwest.com/?src=PRPRPRNEnergyPartners210422" target="_blank"><strong>Southwest Airlines Co</strong></a><strong>. </strong>(NYSE: LUV) today announced memoranda of un…
April 21, 2021
Aligned Toward Carbon Neutral by 2050
<p>Southwest proudly joins our A4A partners across the industry in concerted work with government leaders to achieve net-zero carbon emissions by 2050, there is much work to be done and we are committed to doing our part.</p>
<p>&nbsp;</p>
<p style="…
April 21, 2021
Southwest Airlines Continues Dedication to Environment Through Sustainable Aviation Fuel Initiatives
<p><strong>DALLAS</strong>&mdash;<a href="http://www.southwest.com/?src=PRPRPRNNRELEnvironment210423" target="_blank"><strong>Southwest Airlines Co</strong></a><strong>.</strong> (NYSE: LUV) (the "Company") announced today …
April 15, 2021
Book Now! Southwest Airlines service for Eugene, Ore., to begin Aug. 29, 2021, with fares as low as $39 One-Way
<p><a href="https://www.southwest.com/html/offers/newservice_sale_NonstopConnect_210415.html/?src=PRPRPRNEUGAnncmnt210415" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) today published an initial flight schedule for <a hre…
Southwest Airlines Frequently Asked Questions
When was Southwest Airlines founded?
Southwest Airlines was founded in 1967.
Who are Southwest Airlines key executives?
Southwest Airlines's key executives are Gary C. Kelly, Douglas H. Brooks and Tom Nealon.
How many employees does Southwest Airlines have?
Southwest Airlines has 60,800 employees.
What is Southwest Airlines revenue?
Latest Southwest Airlines annual revenue is $9 b.
What is Southwest Airlines revenue per employee?
Latest Southwest Airlines revenue per employee is $148.8 k.
Who are Southwest Airlines competitors?
Competitors of Southwest Airlines include JetBlue Airways, Alaska Air Group and United Airlines.
Where is Southwest Airlines headquarters?
Southwest Airlines headquarters is located at 2702 Love Field Dr, Dallas.
Where are Southwest Airlines offices?
Southwest Airlines has an office in Dallas.
How many offices does Southwest Airlines have?
Southwest Airlines has 1 office.
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