Southwest Airlines

Travel & Transportation airlines aviation fleets

Southwest is the nation's largest carrier in terms of originating domestic passengers boarded and operates the largest fleet of Boeing aircraft in the world to serve destinations in 41 states, the District of Columbia, the Commonwealth of Puerto Rico, and five near-international countries via wholly owned subsidiary, AirTran Airways. Southwest is one of the most honored airlines in the world, known for its triple bottom line approach that takes into account the carrier's performance and productivity, the importance of its People and the communities it serves, and its commitment to efficiency and the planet.

Revenue(Q1, 2017)

$4.9 B

Market capitalization(2017-09-22)

$33.2 B

Company Growth (employees)

Type

Public

Dallas, US

Founded

1967

Size (employees)

54,652 (est)+3%

Website

southwest.com

Southwest Airlines was founded in 1967 and is headquartered in Dallas, US

Key People at Southwest Airlines

Gary Kelly

Chairman, President & CEO

Tammy Romo

EVP & CFO

Michael Van De Ven

EVP & COO

Mark Shaw

SVP, General Counsel and Corporate Secretary

Jeff Lamb

EVP, Corporate Services

Elizabeth Bryant

VP Southwest Airlines University

Greg Wells

SVP, Operational Performance

Kathleen Wayton

SVP & Chief Information Officer

Robert Jordan

EVP & CCO

Southwest Airlines Office Locations

Southwest Airlines has an office in Dallas

Dallas, US (HQ)

2702 Love Field Drive

Southwest Airlines Data and Metrics

Southwest Airlines Financial Metrics

Southwest Airlines's revenue was reported to be $4.9 b in Q1, 2017

Summary

USD

Southwest Airlines's current market capitalization is $33.2 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	17.7 b	18.6 b	19.8 b	20.4 b
Revenue growth, %	4%	5%	7%	3%
EBIT	1.3 b	2.2 b	4.1 b	3.8 b
EBIT margin, %	7%	12%	21%	18%

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	5 b	4.8 b	4.4 b	5.1 b	5.3 b	4.8 b	5.4 b	5.1 b	4.9 b
EBIT	775 m	614 m	780 m	1.1 b	1.2 b	944 m	1.3 b	695 m	658 m
EBIT margin, %	15%	13%	18%	21%	23%	20%	24%	14%	13%
Interest income	2 m	2 m	1 m	2 m	2 m	5 m	6 m	6 m	7 m

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Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	1.4 b	1.3 b	1.6 b	1.7 b
Inventories	467 m	342 m	311 m	337 m
Current Assets	4.5 b	4.4 b	4 b	4.5 b
PP&E	13.4 b	14.3 b	15.6 b	17 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	1.9 b	1.8 b	2 b	1.8 b	1.7 b	2.4 b	2 b	2 b	1.9 b
Current Assets	5.3 b	5 b	5 b	4.6 b	4.6 b	4.6 b	4.5 b	4.8 b	4.7 b
PP&E	13.7 b	14 b	14.6 b	14.9 b	14.9 b	16 b	16.3 b	16.5 b	17.3 b
Goodwill	970 m	970 m	970 m	970 m	970 m	970 m	970 m	970 m	970 m

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Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	754 m	1.1 b	2.2 b	2.2 b
Depreciation and Amortization				1.2 b
Cash From Operating Activities	2.5 b	2.9 b	3.2 b	4.3 b
Capital Expenditures	(1.4 b)	(1.7 b)	(2 b)	(2 b)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	465 m	329 m	453 m	608 m	584 m	511 m	820 m	388 m	351 m
Depreciation and Amortization	228 m	238 m	244 m	250 m	258 m	290 m	299 m	315 m	318 m
Accounts Payable	1.3 b	1.2 b	1.1 b	1.1 b	1.2 b	1.2 b	1.2 b	1 b	1.2 b

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Ratios

USD	Y, 2017
Revenue/Employee	92 k
Financial Leverage	2.9 x

Show all financial metrics

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
Fuel Gallons Consumed	1.82 b	1.8 b	434 m	493 m	493 m	1.9 b	472 m	513 m	513 m	2 b	487 m	535 m
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
Passenger Revenue per Available Seat Mile	$0.13	$0.13	$0.13	$0.13	$0.13	$0.13	$0.12	$0.13	$0.12	$0.13	$0.12	$0.13
Revenue per Available Seat Mile	$0.14	$0.14	$0.14	$0.14	$0.14	$0.14	$0.14	$0.14	$0.14	$0.14	$0.13	$0.14