Southwest Airlines
OverviewSuggest Edit
Southwest Airlines is a company that operates a passenger airline that provides scheduled air transportation. It provides domestic and near-international flights.
| Type | Public | |
| Founded | 1967 | |
| HQ | Dallas, TX, US | Map |
| Website | southwest.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Thinking about trading options or stock in ServiceNow, Qualcomm, Southwest Airlines, Tesla, or Waste Management?
- Southwest Airlines keeps 2022 profit forecast as bookings and fares outpace higher costs
- 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
Key People/Management at Southwest Airlines
Robert E. Jordan
Chief Executive Officer, Director
Michael G. Van de Ven
President & Chief Operating Officer
Tammy Romo
Executive Vice President and Chief Financial Officer
Linda B. Rutherford
Executive Vice President People & Communications and Chief Communications Officer
Andrew Watterson
Executive Vice President & Chief Commercial Officer
Ryan Green
Senior Vice President, Chief Marketing Officer
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
Southwest Airlines Financials and Metrics
Southwest Airlines Revenue
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
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 |
|---|---|
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.7 x |
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: 89.1% from Passenger and 10.9% 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+
86/100
Compensation
A+
82/100
Diversity
A-
77/100
Southwest Airlines News and Updates
April 28, 2022
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...
April 28, 2022
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.
April 28, 2022
Southwest Airlines stock rallies as revenue more than doubles
Southwest Airlines stock rallies as revenue more than doubles
April 28, 2022
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…
April 21, 2022
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.
April 19, 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."
Southwest Airlines Blogs
April 22, 2022
Southwest Airlines Releases the One Report and Diversity, Equity, and Inclusion Report
<p><strong>DALLAS</strong> &mdash; <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…
April 21, 2022
Southwest Airlines to Discuss First Quarter 2022 Financial Results on April 28, 2022
<p><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3512627-1&amp;h=3956734889&amp;u=https%3A%2F%2Fwww.southwest.com%2F%3FSRC%3DIRPRWBCNTFQ1EARN220428&amp;a=Southwest+Airlines+Co." target="_blank" rel="nofollow">Southwest Airlines Co.</a> …
April 18, 2022
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…
April 12, 2022
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…
March 31, 2022
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&rsquo;s First Officer development and recruitment program: Destination 225&deg;. TSU is the first Historically Black College or University (HBCU) to join Destinat…
March 31, 2022
Southwest Airlines Engages With Business Customers On Sustainability Initiatives
<p><strong>DALLAS</strong> &ndash; <a href="http://www.southwest.com/?src=PRPRPRNSWBSSustain220331"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) (&ldquo;the Company&rdquo;) is excited to invite Southwest&reg; Bus…
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies