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.
TypePublic
Founded1967
HQDallas, TX, US
Websitesouthwest.com
Employee Ratings4.6
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)60,800
Job Openings8
Revenue (FY, 2020)$9 B(-59%)
Share Price (Apr 2021)$62
Cybersecurity ratingBMore

Key People/Management at Southwest Airlines

Gary C. Kelly

Gary C. Kelly

Chairman of the Board & Chief Executive Officer
Douglas H. Brooks

Douglas H. Brooks

Director
Tom Nealon

Tom Nealon

President
John G. Denison

John G. Denison

Director
Robert E. Jordan

Robert E. Jordan

Executive Vice President of Corporate Services
Mark R. Shaw

Mark R. Shaw

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

Southwest Airlines has an office in Dallas
Dallas, TX, 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 $9.05 b in FY, 2020
USD

Revenue (FY, 2020)

9.0b

Net income (FY, 2020)

(3.1b)

EBIT (FY, 2020)

(3.8b)

Market capitalization (26-Apr-2021)

36.9b

Closing stock price (26-Apr-2021)

62.0

Cash (30-Sept-2020)

12.1b

EV

37.4b
Southwest Airlines's current market capitalization is $36.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

21.2b22.0b22.4b9.0b

Revenue growth, %

4%4%2%

Cost of goods sold

13.8b14.7b15.2b

Gross profit

7.4b7.3b7.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.9b5.7b5.3b4.9b5.7b5.6b5.1b5.9b5.6b4.2b704.0m1.5b

Cost of goods sold

3.3b3.5b3.4b3.4b3.7b3.7b3.6b3.9b3.8b3.3b

Gross profit

1.6b2.3b1.8b1.5b2.0b1.8b1.5b2.0b1.9b899.0m

Gross profit Margin, %

33%39%35%31%35%33%30%34%33%21%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.5b1.9b2.5b

Accounts Receivable

662.0m568.0m1.1b

Prepaid Expenses

460.0m310.0m287.0m

Inventories

420.0m461.0m529.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

3.5b2.5b2.3b(3.1b)

Depreciation and Amortization

1.2b1.2b1.2b1.3b

Accounts Payable

246.0m545.0m298.0m231.0m

Cash From Operating Activities

3.9b4.9b4.0b(1.1b)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

351.0m1.1b1.6b463.0m1.2b1.8b387.0m1.1b1.8b(94.0m)(1.0b)(2.2b)

Depreciation and Amortization

318.0m637.0m939.0m277.0m569.0m870.0m297.0m598.0m906.0m311.0m624.0m940.0m

Accounts Payable

93.0m(245.0m)(156.0m)(501.0m)(80.0m)80.0m(257.0m)(346.0m)(240.0m)(1.3b)(90.0m)(65.0m)

Cash From Operating Activities

1.6b2.4b3.4b1.0b2.6b3.9b1.1b2.1b3.2b(377.0m)520.0m(531.0m)
USDQ1, 2017

Revenue/Employee

89.3k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

2.9 x
Show all financial metrics

Southwest Airlines Operating Metrics

FY, 2013FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Destinations

969397101

Flights

1.31 m1.26 m296.57 k326.31 k325.3 k1.27 m314.54 k334.45 k332.42 k1.31 m321.79 k347.83 k341.09 k

Passenger Load Factor, percent

80.1%82.5%80.1%84.6%85.4%83.6%80.5%85.6%85.3%84%79.9%85.6%84.8%

Passengers

108.08 m110.5 m26.44 m30.8 m30.56 m118.17 m28.6 m32.34 m31.77 m124.72 m29.54 m33.99 m33.03 m130.26 m31.33 m35.27 m33.86 m134.89 m31.3 m34.92 m33.54 m134.06 m24.75 m
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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
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: 92.6% from Passenger and 7.4% from Other

Southwest Airlines Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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

Embed Graph

Southwest Airlines Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A+

    84/100

  • Diversity

    A

    77/100

Learn more on Comparably

Southwest Airlines News and Updates

Buy Now, Pay Later: Leader Uplift Announces New Partnership With Southwest Airlines

MENLO PARK, Calif., April 23, 2021 /PRNewswire/ -- Uplift, the only enterprise Buy Now, Pay Later solution serving the world's top travel brands, has announced a new partnership with Southwest Airlines Co. Starting today, customers can book their Southwest Airlines® flights to more than...

Southwest Airlines says bookings are improving, expects to break even in June

Southwest says leisure bookings are on the rise and that it will increase its flying schedule later this spring.

Southwest Airlines stock rallies after narrower-than-expected loss, raised April outlook

Shares of Southwest Airlines Co. rallied 1.3% in premarket trading, after the air carrier reported a narrower-than-expected first-quarter loss but revenue that fell just shy of forecasts, but increased its April outlook for revenue and load factor. The company swung to net income of $116 million, o…

Southwest Airlines to Discuss First Quarter 2021 Financial Results on April 22, 2021

DALLAS, April 15, 2021 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its first quarter 2021 financial results. Details are as follows: When: Thursday, April 22, 2021 at 12:30 PM Eastern Time Who: Gary Kelly, Chairman of the Board and Chief...

A private pilot has offered a free round trip to Austin to a family who were booted off a Southwest Airlines flight, after their toddler couldn't keep his mask on

Summary List PlacementEarlier this month, a family was ordered to leave a Southwest Airlines flight after their two-year-old could not keep his face mask on. Now, a Good Samaritan has stepped in to help them reach their intended destination at no extra cost, The New York Post reported. Erik Harvey…

Southwest Airlines passengers dance and cheer as couple accused of refusing to wear masks get thrown off flight

Summary List PlacementA TikTok video shows an entire plane clapping and cheering after a couple is escorted off a Southwest Airlines flight, Newsweek reported. In the video shared by user Brendan Edler, a woman is seen arguing with a crew member. @b_edler56 ##karen ♬ original sound - Brendan Ed…
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Southwest Airlines Blogs

Southwest Airlines Returns to Costa Rica in June with fares as low as $129 One-Way

<ul> <li><em>Southwest resumes service to Central America nonstop from both Houston (Hobby) and Baltimore/Washington (BWI)</em></li> <li><em>New Southwest service links Denver nonstop to more coastal cities</em></li> <li>…

Buy Now, Pay Later: Leader Uplift Announces New Partnership With Southwest Airlines

<p><strong>MENLO PARK, Calif. </strong>– <a href="https://www.uplift.com/" target="_blank">Uplift</a>, the only enterprise Buy Now, Pay Later solution serving the world's top travel brands, has announced a new partnership with <a href="http://www.southwest.com/?src=PRPRPRNUpliftPayment210423…

Southwest Airlines seeks to advance sustainable aviation fuel through two new energy partnerships

<p><strong>DALLAS</strong> – <a href="http://www.southwest.com/?src=PRPRPRNEnergyPartners210422" target="_blank"><strong>Southwest Airlines Co</strong></a><strong>. </strong>(NYSE: LUV) today announced memoranda of un…

Aligned Toward Carbon Neutral by 2050

<p>Southwest proudly joins our A4A partners across the industry in concerted work with government leaders to achieve net-zero carbon emissions by 2050, there is much work to be done and we are committed to doing our part.</p> <p> </p> <p style="…

Southwest Airlines Continues Dedication to Environment Through Sustainable Aviation Fuel Initiatives

<p><strong>DALLAS</strong>—<a href="http://www.southwest.com/?src=PRPRPRNNRELEnvironment210423" target="_blank"><strong>Southwest Airlines Co</strong></a><strong>.</strong> (NYSE: LUV) (the "Company") announced today …

Book Now! Southwest Airlines service for Eugene, Ore., to begin Aug. 29, 2021, with fares as low as $39 One-Way

<p><a href="https://www.southwest.com/html/offers/newservice_sale_NonstopConnect_210415.html/?src=PRPRPRNEUGAnncmnt210415" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) today published an initial flight schedule for <a hre…
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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, Douglas H. Brooks and Tom Nealon.

  • How many employees does Southwest Airlines have?

    Southwest Airlines has 60,800 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 $148.8 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.