OverviewSuggest Edit

Southwest Airlines is a company that operates a passenger airline that provides scheduled air transportation. It provides domestic and near-international flights. 

TypePublic
Founded1967
HQDallas, TX, US
Websitesouthwest.com
Employee Ratings4.3
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)55,100(-2%)
Job Openings146
Revenue (FY, 2021)$15.8 B(+75%)
Share Price (Apr 2022)$45.9(+3%)
Cybersecurity ratingBMore
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Key People/Management at Southwest Airlines

Robert E. Jordan

Robert E. Jordan

Chief Executive Officer, Director
Michael G. Van de Ven

Michael G. Van de Ven

President & Chief Operating Officer
Tammy Romo

Tammy Romo

Executive Vice President and Chief Financial Officer
Linda B. Rutherford

Linda B. Rutherford

Executive Vice President People & Communications and Chief Communications Officer
Andrew Watterson

Andrew Watterson

Executive Vice President & Chief Commercial Officer
Ryan Green

Ryan Green

Senior Vice President, Chief Marketing Officer
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Southwest Airlines Office Locations

Southwest Airlines has an office in Dallas
Dallas, TX, US (HQ)
2702 Love Field Dr
Dallas, TX, US
P.O. Box 36647
Show all (2)

Southwest Airlines Financials and Metrics

Southwest Airlines Revenue

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Southwest Airlines's revenue was reported to be $15.79 b in FY, 2021
USD

Revenue (FY, 2021)

15.8b

Gross profit (FY, 2021)

11.0b

Gross profit margin (FY, 2021), %

69.8%

Net income (FY, 2021)

977.0m

EBIT (FY, 2021)

1.7b

Market capitalization (27-Apr-2022)

27.2b

Closing stock price (27-Apr-2022)

45.9

Cash (31-Mar-2021)

12.0b

EV

28.0b
Southwest Airlines's current market capitalization is $27.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

22.4b9.0b15.8b

Revenue growth, %

2%(60%)

Cost of goods sold

5.7b3.1b4.8b

Gross profit

16.7b6.0b11.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.1b5.9b5.6b4.2b1.0b1.8b2.1b4.0b4.7b

Cost of goods sold

1.3b1.5b1.4b1.1b397.0m687.0m782.0m1.2b1.4b

Gross profit

3.8b4.4b4.2b3.1b611.0m1.1b1.3b2.8b3.3b

Gross profit Margin, %

74%75%75%73%61%62%62%70%71%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.9b2.5b11.1b

Accounts Receivable

568.0m1.1b1.1b

Prepaid Expenses

310.0m287.0m295.0m

Inventories

461.0m529.0m414.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

2.3b2.4b2.5b3.9b12.4b12.1b12.0b

Accounts Receivable

784.0m777.0m867.0m709.0m770.0m897.0m937.0m

Prepaid Expenses

354.0m281.0m239.0m256.0m223.0m248.0m367.0m

Inventories

484.0m510.0m528.0m518.0m422.0m426.0m448.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.5b2.3b(3.1b)

Depreciation and Amortization

1.2b1.2b1.3b

Accounts Payable

545.0m298.0m231.0m

Cash From Operating Activities

4.9b4.0b(1.1b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

387.0m1.1b1.8b(94.0m)(1.0b)(2.2b)116.0m

Depreciation and Amortization

297.0m598.0m906.0m311.0m624.0m940.0m312.0m

Accounts Payable

(257.0m)(346.0m)(240.0m)(1.3b)(90.0m)(65.0m)(66.0m)

Cash From Operating Activities

1.1b2.1b3.2b(377.0m)520.0m(531.0m)645.0m
USDFY, 2018

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.7 x
Show all financial metrics

Southwest Airlines Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Aircraft (Leased)

123126126126122120135133137137

Aircraft (Owned)

650627627626625622602601581593

Average Passenger Fare

151.64151.61157.1155.95154.98155.37134.04125.07141.72120.36

Seats per Trip

150.7151.6150.7150.6150.9150.9154.5153.6153.1154.8
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Southwest Airlines Acquisitions / Subsidiaries

Company NameDateDeal Size
AirTran AirwaysSeptember 28, 2010$1.4 b
Morris AirDecember 14, 1993
TranStar AirlinesJune 25, 1985
AirTran Airways 717 Leasing Corporation
AirTran Airways, Inc.
AirTran Holdings, LLC
Southwest Jet Fuel Co.
Triple Crown Assurance Co.

Southwest Airlines Revenue Breakdown

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Southwest Airlines revenue breakdown by business segment: 89.1% from Passenger and 10.9% from Other

Human Capital Metrics

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Southwest Airlines Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Southwest Airlines Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Southwest Airlines Online and Social Media Presence

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Southwest Airlines Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    86/100

  • Compensation

    A+

    82/100

  • Diversity

    A-

    77/100

Learn more on Comparably

Southwest Airlines News and Updates

Thinking about trading options or stock in ServiceNow, Qualcomm, Southwest Airlines, Tesla, or Waste Management?

NEW YORK, April 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NOW, QCOM, LUV, TSLA, and WM. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Southwest Airlines keeps 2022 profit forecast as bookings and fares outpace higher costs

The airline expects second-quarter revenue to top 2019 even though it will fly less.

Southwest Airlines stock rallies as revenue more than doubles

Southwest Airlines stock rallies as revenue more than doubles

Southwest Airlines stock rallies as revenue more than doubles, tops expectations after 'sharp rebound' in March

Shares of Southwest Airlines Co. climbed 3.0% in premarket trading Thursday, after the air carrier reported a wider-than-expected first-quarter loss but revenue that beat expectations, amid a "sharp rebound" in March. The company swung to a net loss of $278 million, or 47 cents a share, from net in…

Will Southwest Airlines Stock Gain Momentum In The Near-Term?

Southwest Airlines’ bottom line is unlikely to observe a dent from high fuel prices for a couple of quarters as the company has a hedge position on almost 60% of the targeted fuel consumption for 2022.

‘I think it’s a great thing’: Southwest Airlines CEO celebrates the end of the plane mask mandate

“The vast majority of our employees, I think, are very happy that they now have a choice."
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Southwest Airlines Blogs

Southwest Airlines Releases the One Report and Diversity, Equity, and Inclusion Report

<p><strong>DALLAS</strong> — <a href="http://www.southwest.com/?src=PRPRPRNONERONRDEI220422" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) today announces the launch of its annual corporate social respon…

Southwest Airlines to Discuss First Quarter 2022 Financial Results on April 28, 2022

<p><a href="https://c212.net/c/link/?t=0&l=en&o=3512627-1&h=3956734889&u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRWBCNTFQ1EARN220428&a=Southwest+Airlines+Co." target="_blank" rel="nofollow">Southwest Airlines Co.</a> …

Federal Face Mask Mandate Lifted

<p>On Monday, a federal judge issued a decision stating the federal mask mandate for public transportation, including on airlines and at airports, is no longer in effect. Thereafter, the White House announced the masking order is not in effect, and the Transportation Securit…

Southwest Airlines Bolsters Schedule in Key Business and Leisure Markets in the West: Customers in San Diego and San Jose Gain Big

<ul> <li><em>Beginning June 5, Southwest offers San Diego Customers more California service with 20 weekday flights to both San Jose and Sacramento, and 14 weekday flights to Oakland</em></li> <li><em>San Jose grows with additional Califor…

Southwest Airlines and Texas Southern University Announce Destination 225° Partnership

<p>Southwest is proud to announce Texas Southern University (TSU) as a university partner in the airline’s First Officer development and recruitment program: Destination 225°. TSU is the first Historically Black College or University (HBCU) to join Destinat…

Southwest Airlines Engages With Business Customers On Sustainability Initiatives

<p><strong>DALLAS</strong> – <a href="http://www.southwest.com/?src=PRPRPRNSWBSSustain220331"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) (“the Company”) is excited to invite Southwest® Bus…
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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 Robert E. Jordan, Michael G. Van de Ven and Tammy Romo.

  • How many employees does Southwest Airlines have?

    Southwest Airlines has 55,100 employees.

  • What is Southwest Airlines revenue?

    Latest Southwest Airlines annual revenue is $15.8 b.

  • What is Southwest Airlines revenue per employee?

    Latest Southwest Airlines revenue per employee is $286.6 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 2 offices.