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 |
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
Nancy B. Loeffler
Director
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 which is a 59.7% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 2.1b |
Gross profit (Q1, 2021) | 1.3b |
Gross profit margin (Q1, 2021), % | 61.9% |
Net income (Q1, 2021) | 116.0m |
EBIT (Q1, 2021) | 199.0m |
Market capitalization (30-Jul-2021) | 29.9b |
Closing stock price (30-Jul-2021) | 50.5 |
Cash (31-Mar-2021) | 12.0b |
EV | 30.7b |
Southwest Airlines's current market capitalization is $29.9 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 387.0m | 1.1b | 1.8b | (94.0m) | (1.0b) | (2.2b) | 116.0m |
Depreciation and Amortization | 297.0m | 598.0m | 906.0m | 311.0m | 624.0m | 940.0m | 312.0m |
Accounts Payable | (257.0m) | (346.0m) | (240.0m) | (1.3b) | (90.0m) | (65.0m) | (66.0m) |
Cash From Operating Activities | 1.1b | 2.1b | 3.2b | (377.0m) | 520.0m | (531.0m) | 645.0m |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 8.5 x |
EV/CFO | 5.6 x |
Revenue/Employee | 378.5k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.7 x |
P/E Ratio | 10.8 |
Southwest Airlines Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Aircraft (Leased) | 123 | 126 | 126 | 126 | 122 | 120 | 135 | 133 | 137 | 137 |
Aircraft (Owned) | 650 | 627 | 627 | 626 | 625 | 622 | 602 | 601 | 581 | 593 |
Average Passenger Fare | 151.64 | 151.61 | 157.1 | 155.95 | 154.98 | 155.37 | 134.04 | 125.07 | 141.72 | 120.36 |
Seats per Trip | 150.7 | 151.6 | 150.7 | 150.6 | 150.9 | 150.9 | 154.5 | 153.6 | 153.1 | 154.8 |
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 | ||
| Southwest Jet Fuel Co. | ||
| Triple Crown Assurance Co. |
Southwest Airlines Revenue Breakdown
Southwest Airlines revenue breakdown by business segment: 84.7% from Passenger and 15.3% from Other
Southwest Airlines Cybersecurity Score
Southwest Airlines Environment, Social & Governance (ESG) Ratings
Southwest Airlines Online and Social Media Presence
2.1m Twitter followers
Southwest Airlines has 2.1m Twitter Followers. The number of followers has decreased 0.9% month over month and decreased 1.4% quarter over quarter
Southwest Airlines's Trends
Twitter Engagement Stats for @SouthwestAir
1m
Tweets
1
Following
2.1m
Followers
1k
Tweets last 30 days
4.3
Avg. likes per Tweet
28.8%
Tweets with engagement
Southwest Airlines Company Culture
Overall Culture
A+
81/100
CEO Rating
A+
85/100
Compensation
A+
83/100
Diversity
A
77/100
Southwest Airlines News and Updates
July 22, 2021
Southwest Airlines swings to Q2 profit thanks to PSP program as revenue tops estimates
Southwest Airlines Co. said Thursday it had net income of $348 million, or 57 cents a share, in the second quarter, after a loss of $915 million, or $1.63 a share, in the year-earlier period, when travel stalled during the global pandemic. The profit was driven by a $724 million offset of salaries …
July 21, 2021
Will Southwest Airlines Report An Earnings Beat?
The shares of Southwest Airlines (NYSE: LUV) have lost 20% in value since April as concerns of a new coronavirus wave lowered investor confidence in the airline and hotel industries. While the company is likely to report a net loss for the second quarter, government aid has been limiting cash burn..
July 15, 2021
Southwest Airlines to Discuss Second Quarter 2021 Financial Results on July 22, 2021
DALLAS, July 15, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2021 financial results. Details are as follows: When: Thursday, July 22, 2021 at 12:30 PM Eastern Time Who: Gary Kelly, Chairman of the Board and Chief...
July 15, 2021
Pick Southwest Airlines Stock For Quick Gains?
In a recent release, CDC highlighted the efficacy of vaccines even against the surging Delta variant. However, airline stocks have been observing a bearish trend over concerns of another infectious wave stalling the recovered passenger traffic. After reaching pre-Covid levels in April...
June 26, 2021
Southwest Airlines flight leaves 4 people hospitalized after the plane encountered turbulence over Utah
Summary List PlacementFour people were taken to the hospital after experiencing turbulence on a Southwest Airlines flight into Salt Lake City, Utah, on Friday.
According to 2KUTV, Southwest flight 1753 was approaching Salt Lake City, Utah, after departing from Chicago Midway International Airport …
Southwest Airlines Blogs
July 26, 2021
Southwest Airlines Joins Sabre Providing Industry-standard Level of Access to Carrier's Low Fares and Network as it Welcomes Business Travelers Back to the Sky
<p><strong>DALLAS</strong> &mdash; <a href="https://www.southwest.com/?src=PRPRPRNSWBSBR270721" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) ("Company") today began offering flights for sale within Sabre's gl…
July 13, 2021
Southwest Airlines recognized as a ‘best place to work for disability inclusion’
<p><strong>DALLAS</strong> &ndash; <a href="https://www.southwest.com/?src=PRPRPRNDEIINCLUSION130721" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) today was recognized for its continued commitment to inclusio…
July 13, 2021
Southwest Airlines offers a summer sale with fares as low as $59 one-way
<p><strong>DALLAS</strong> &mdash; <a href="https://www.southwest.com/html/offers/nationwide_sale_NonstopConnect_210713.html/?src=PRPRPRNJulyCoolSumemr210713" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) toda…
June 23, 2021
Gary Kelly and Bob Jordan Chat About Upcoming New Roles
<div class="video-container" align="center"><video controls="controls" width="100%">
<source src="https://www.swamedia.com/videos/streamTranscode.mp4?id=video-1f2f1866ebce0ed7d6cc951c59005bc3&amp;transcode=en-US_h264_aac_848x480" type="video/mp4" />
</vide…
June 23, 2021
Southwest Announces 2022 Executive Leadership Plans
<p align="left"><strong>DALLAS</strong> &mdash; Today, <a href="http://www.southwest.com/?src=PRPRPRNLeadershipAnncmnt210623" target="_blank">Southwest Airlines Co.</a> (NYSE: LUV) announced that Chairman and CEO <a href="https://www.swamedia.com/pages/gary-kelly…
June 18, 2021
Southwest Airlines celebrates 50 years of giving people the freedom to fly by unveiling Freedom One, a high-flying tribute to the nation, military, and the airline’s more than 50,000 Employees
<p><strong>DALLAS</strong> &mdash;<a href="http://www.southwest.com/?src=PRPRPRNFIFTYFOAIR210618" target="_blank"><strong> Southwest Airlines Co.</strong></a> (NYSE: LUV) (the "Company") today celebrates the 50th Anniversary of its fir…
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 56,500 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 $160.1 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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