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 Ratings4.5
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)60,800
Revenue (FY, 2019)$22.4 B(+3%)
Share Price (Jan 2021)$46.7 (-4%)
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

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View revenue for all periods
Southwest Airlines's revenue was reported to be $22.43 b in FY, 2019 which is a 2.1% increase from the previous period.
USD

Revenue (Q3, 2020)

1.5b

Market capitalization (15-Jan-2021)

27.5b

Closing stock price (15-Jan-2021)

46.7

Cash (30-Sept-2020)

12.1b

EV

28.0b
Southwest Airlines's current market capitalization is $27.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

21.2b22.0b22.4b

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, 2019

Net Income

3.5b2.5b2.3b

Depreciation and Amortization

1.2b1.2b1.2b

Accounts Payable

246.0m545.0m298.0m

Cash From Operating Activities

3.9b4.9b4.0b
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

96 93 97 101

Flights

1.31 m1.26 m296.57 k326.31 k325.30 k1.27 m314.54 k334.45 k332.42 k1.31 m321.79 k347.83 k341.09 k

Passenger Load Factor

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 m110.50 m26.44 m30.80 m30.56 m118.17 m28.60 m32.34 m31.77 m124.72 m29.54 m33.99 m33.03 m130.26 m31.33 m35.27 m33.86 m134.89 m31.30 m34.92 m33.54 m134.06 m24.75 m
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Southwest Airlines Acquisitions / Subsidiaries

Company NameDateDeal Size
AirTran AirwaysSeptember 28, 2010$1.40 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

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Southwest Airlines revenue breakdown by business segment: 92.6% from Passenger and 7.4% from Other

Southwest Airlines Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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+

    80/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A+

    83/100

  • Diversity

    A-

    76/100

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Southwest Airlines News and Updates

Southwest Airlines Continues Commitment to Combatting Human Trafficking with New Training Curriculum

Southwest Airlines Co. (NYSE: LUV) today renews its support of the global efforts to eliminate Human Trafficking by announcing that additional training curriculum has been launched for Southwest Employees. The curriculum is designed to bring greater awareness to the global problem of Human Trafficki…

Southwest Airlines stock falls after November load factor miss, raised daily cash burn outlook

Shares of Southwest Airlines Co. fell 1.2% in premarket trading Wednesday, after the air carrier said November load factor came in below previous expectations and raised its fourth-quarter estimate for average daily cash burn, as the recent spike in COVID-19 cases has led to lower demand and renewe…

Southwest Airlines Had a Winning Strategy for Decades. Is It Now Trying the Opposite?

Ask yourself: Are there ways you can expand when others contract?

Southwest Airlines warns nearly 13% of workforce at risk of layoffs after punishing year for travel

Air travel is still 40% below last year's levels.

Southwest Airlines is preparing to furlough nearly 7,000 workers for the first time in its history

Summary List PlacementNearly 7,000 Southwest Airlines employees are facing furlough in the new year after negotiations to temporarily implement pay cuts broke down. The Dallas-based airline confirmed to Business Insider that it issued 6,828 Worker Adjustment and Retraining Notifications, also know…

Thinking about trading options or stock in Alibaba, Jumia Technologies, Southwest Airlines, Mercadolibre, or BP?

NEW YORK, Nov. 24, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, JMIA, LUV, MELI, and BP. 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...
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Southwest Airlines Blogs

Southwest Airlines Announces Revised Policies For Emotional Support And Trained Service Animals

Southwest Airlines Co. (NYSE: LUV) today announced that, consistent with new regulations from the U.S. Department of Transportation (DOT), the carrier is making changes to its policies regarding trained service animals and emotional support animals. Effective March 1, 2021, the airline will accept …

Buy Now! Southwest Airlines Service In Fresno & Santa Barbara To Begin In April 2021 With One-Way Fares As Low As $39

<div class="xn-content"> <p><strong><a href="https://c212.net/c/link/?t=0&l=en&o=3043766-1&h=3935699834&u=https%3A%2F%2Fwww.southwest.com%2Fhtml%2Foffers%2Fnewservice_sale_NonstopConnect_210121.html%3Fsrc%3DPRPRPRNFATandSBASched…

Southwest Airlines to Discuss Fourth Quarter and Annual 2020 Financial Results on January 28, 2021

Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its fourth quarter and annual 2020 financial results. Details are as follows: When:  Thursday, January 28, 2021 at 12:30 PM Eastern Time Who: Gary Kelly, Chairman of the Board and Chief Executive Officer Tom N…

Southwest Airlines Celebrates 50th Anniversary with a Nationwide $50 Fare Sale

<p><a href="https://www.southwest.com/html/offers/nationwide_sale_NonstopConnect_210119.html?src=PRPRPRNWGA50Anniv210119" target="_blank"><strong>Southwest Airlines Co.</strong></a> (NYSE: LUV) launched a fare sale today through Feb. 8, 2021, 11:59 p.…

Additional Security Measures Implemented for Washington, D.C. Area Operations

<p>The Safety and comfort of our Employees and Customers is always our top priority, both in the airport and onboard our aircraft, and Southwest continues monitoring current events in the Washington, D.C. area. The TSA and other local and federal law enforcement agencies hav…

All Rapid Rewards Members Receive Boosts To 2021 Tier-Qualifying Activity; Qualifying Rapid Rewards Companion Pass Holders Receive Extended Benefits

<div class="xn-content"> <p><strong> </strong><a href="https://c212.net/c/link/?t=0&l=en&o=3038813-1&h=1307709257&u=http%3A%2F%2Fwww.southwest.com%2F%3Fsrc%3DPRPRPRN2021CompanionPass210115&a=Southwest+Airl…
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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 $22.4 b.

  • What is Southwest Airlines revenue per employee?

    Latest Southwest Airlines revenue per employee is $368.9 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.