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Southwest Airlines

OverviewSuggest Edit

Southwest Airlines is a company that operates a major passenger airline that provides point-to-point scheduled air transportation in the United States and near-international markets. 

TypePublic
Founded1967
HQDallas, USMap
Websitesouthwest.com
Employee Ratings4.3More
Culture scoreA+More
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Latest Updates

Employees (est.) (Sept 2019)60,590(+2%)
Revenue (FY, 2019)$22.4 B(+3%)
Share Price (May 2020)$28.9 (-2%)

Key People/Management at Southwest Airlines

Gary C. Kelly

Gary C. Kelly

Chairman of the Board and Chief Executive Officer
Tom Nealon

Tom Nealon

President
Michael G. Van de Ven

Michael G. Van de Ven

COO
Robert E. Jordan

Robert E. Jordan

Executive Vice President Corporate Services
Tammy Romo

Tammy Romo

Executive Vice President and Chief Financial Officer
Mark R. Shaw

Mark R. Shaw

Executive Vice President, Chief Legal and Regulatory Officer, and Corporate Secretary
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Southwest Airlines Office Locations

Southwest Airlines has an office in Dallas
Dallas, US (HQ)
2702 Love Field Dr
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Southwest Airlines Financials and Metrics

Southwest Airlines Revenue

Southwest Airlines's revenue was reported to be $22.43 b in FY, 2019
USD

Revenue (Q1, 2020)

4.2b

Net income (Q1, 2020)

(94.0m)

EBIT (Q1, 2020)

(110.0m)

Market capitalization (22-May-2020)

17.0b

Closing stock price (22-May-2020)

28.9

Cash (31-Mar-2020)

3.9b

EV

19.4b
Southwest Airlines's current market capitalization is $17 b.
Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

12.1b17.1b17.7b18.6b19.8b20.4b21.2b22.0b22.4b

Revenue growth, %

4%5%7%3%4%

Cost of goods sold

13.8b

Gross profit

7.4b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

2.6b3.2b3.2b3.1b4.1k4.3k15.7b4.0b4.6b4.3b4.1b4.6b4.5b4.2b5.0b4.8b4.4b5.1b5.3b4.8b5.4b5.1b4.9b5.7b5.3b4.9b5.7b5.6b5.1b5.9b5.6b4.2b

Sales and marketing expense

237.0m

Operating expense total

327.0m363.0m396.0m471.0522.02.1b490.0m503.0m509.0m501.0m519.0m532.0m526.0m533.0m568.0m3.6b4.0b4.1b3.9b4.1b4.4b4.2b4.5b4.4b4.3b731.0m739.0m730.0m768.0m762.0m698.0m

Depreciation and amortization

221.0m221.0m228.0m238.0m244.0m250.0m258.0m290.0m299.0m315.0m318.0m319.0m302.0m277.0m292.0m301.0m297.0m302.0m308.0m311.0m
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Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.3b1.1b1.4b1.3b1.6b1.7b1.5b1.9b2.5b

Accounts Receivable

332.0m419.0m365.0m474.0m546.0m662.0m568.0m1.1b

Prepaid Expenses

210.0m250.0m232.0m188.0m310.0m460.0m310.0m287.0m

Inventories

467.0m342.0m311.0m337.0m
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.1b989.0m1.0b2.0b1.6k1.0k829.0m1.6b1.1b1.2b1.3b1.5b1.3b1.7b1.9b1.8b2.0b1.8b1.7b2.4b2.0b2.0b1.9b1.5b1.5b1.8b2.1b2.1b2.3b2.4b2.5b3.9b

Accounts Receivable

282.0m389.0369.0299.0m367.0m502.0m430.0m429.0m514.0m463.0m457.0m447.0m468.0m499.0m462.0m465.0m511.0m524.0m848.0m585.0m576.0m579.0m680.0m765.0m784.0m784.0m777.0m867.0m709.0m

Prepaid Expenses

262.0m264.0110.0238.0m318.0m203.0m224.0m215.0m209.0m228.0m241.0m276.0m291.0m270.0m255.0m239.0m192.0m202.0m214.0m235.0m250.0m223.0m448.0m498.0m514.0m354.0m281.0m239.0m256.0m

Current Assets

3.6b4.0b4.0b5.3b5.4k4.6k4.3b5.1b4.7b4.7b4.5b4.9b4.8b4.8b5.3b5.0b5.0b4.6b4.6b4.6b4.5b4.8b4.7b4.3b4.3b4.8b5.4b5.6b5.5b5.6b5.7b7.0b
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Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

459.0m421.0m754.0m1.1b2.2b2.2b3.5b2.5b2.3b

Depreciation and Amortization

628.0m844.0m867.0m938.0m1.0b1.2b1.2b1.2b1.2b

Accounts Payable

193.0m186.0m343.0m36.0m961.0m226.0m246.0m545.0m298.0m

Cash From Operating Activities

1.6b2.1b2.5b2.9b3.2b4.3b3.9b4.9b4.0b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

11.0m112.0m205.0m5.0m161.0(140.0)178.0m98.0m228.0m16.0m59.0m224.0m542.0m152.0m617.0m946.0m453.0m1.1b1.6b511.0m1.3b1.7b351.0m1.1b1.6b463.0m1.2b1.8b387.0m1.1b1.8b(94.0m)

Depreciation and Amortization

154.0m161.0m155.0m176.0191.0715.0m201.0m202.0m217.0m210.0m213.0m643.0m221.0m449.0m687.0m244.0m494.0m751.0m290.0m588.0m903.0m318.0m637.0m939.0m277.0m569.0m870.0m297.0m598.0m906.0m311.0m

Accounts Payable

(85.0m)279.0m(5.0m)238.0m67.0(39.0)253.0m225.0m77.0m(187.0m)120.0m162.0m185.0m24.0m448.0m(86.0m)177.0m43.0m424.0m313.0m25.0m272.0m93.0m(245.0m)(156.0m)(501.0m)(80.0m)80.0m(257.0m)(346.0m)(240.0m)(1.3b)

Cash From Operating Activities

373.0m540.0m385.0m965.0m237.0(218.0)1.4b1.2b145.0m464.0m983.0m778.0m2.2b1.1b2.5b2.7b1.5b2.1b2.9b1.6b2.7b3.6b1.6b2.4b3.4b1.0b2.6b3.9b1.1b2.1b3.2b(377.0m)
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USDY, 2020

EV/EBIT

-176.6 x

EV/CFO

-51.5 x

Financial Leverage

3 x
Show all financial metrics

Southwest Airlines Acquisitions / Subsidiaries

Company NameDateDeal Size
AirTran AirwaysSeptember 28, 2010
Morris AirDecember 14, 1993
TranStar AirlinesJune 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

Embed Graph

Southwest Airlines revenue breakdown by business segment: 91.0% from Passenger and 9.0% from Other

Southwest Airlines Online and Social Media Presence

Southwest Airlines's Trends

Embed Graph

Southwest Airlines Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A+

    83/100

  • Diversity

    A-

    76/100

Learn more on Comparably

Southwest Airlines Blogs

May 04, 2020

Ready To Fly: Southwest Airlines® Makes Business Travel Easier

<div class="xn-content"> <p><strong><a href="https://c212.net/c/link/?t=0&l=en&o=2793511-1&h=2077882950&u=http%3A%2F%2Fwww.southwest.com%2F%3Fsrc%3DPRPRPRNSWABIZGDSGL050420&a=Southwest+Airlines+Co." target="_blank" rel="…
May 01, 2020

Southwest Promise

<p><img class="img-responsive" src="/releases/release-48461735d2a28f8684dda2686d0e2a98/images/d33a77c13a9c4042fca4ec87d093677c565a0acf" alt="" /></p> <h3 align="center"><strong><em>SOUTHWEST® PROMISE</em></strong><strong&g…
April 29, 2020

Southwest Airlines Announces Offering of Notes

<div class="xn-content"> <p><a href="https://c212.net/c/link/?t=0&l=en&o=2789911-1&h=3187619365&u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRQ1BDDO200429&a=Southwest+Airlines+Co." target="_blank" rel="nofollow">Southwes…
April 29, 2020

Southwest Airlines Announces Pricing Of Notes

<div class="xn-content"> <p> </p> <p><strong><a href="https://c212.net/c/link/?t=0&l=en&o=2790576-1&h=4142799637&u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRQ1BDDO200429&a=Southwest+Airlines+Co.…
April 28, 2020

Southwest Airlines Announces Pricing Of Upsized Offerings Of Common Stock And 1.250% Convertible Senior Notes Due 2025

<div class="xn-content"> <p><a href="https://c212.net/c/link/?t=0&l=en&o=2789575-1&h=1065553495&u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRQ1CSCN200428&a=Southwest+Airlines+Co." target="_blank" rel="nofollow">Southwes…
April 28, 2020

Southwest Airlines Announces Offering Of Common Stock And Convertible Senior Notes Due 2025

<div class="xn-content"> <p><a href="https://c212.net/c/link/?t=0&l=en&o=2788192-1&h=1921875067&u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRQ1CSLN200428&a=Southwest+Airlines%C2%A0Co." target="_blank" rel="nofollow">Sou…
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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 Gary C. Kelly, Tom Nealon and Michael G. Van de Ven.

  • How many employees does Southwest Airlines have?

    Southwest Airlines has 60,590 employees.

  • What is Southwest Airlines revenue?

    Latest Southwest Airlines annual revenue is $22.4 b.

  • What is Southwest Airlines revenue per employee?

    Latest Southwest Airlines revenue per employee is $370.2 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.