Southwest Airlines (LUV) stock price, revenue, and financials

Southwest Airlines market cap is $30 b, and annual revenue was $9.05 b in FY 2020

$30 B

LUV Mkt cap, 23-Jul-2021

$2.1 B

Southwest Airlines Revenue Q1, 2021
Southwest Airlines Gross profit (Q1, 2021)1.3 B
Southwest Airlines Gross profit margin (Q1, 2021), %61.9%
Southwest Airlines Net income (Q1, 2021)116 M
Southwest Airlines EBIT (Q1, 2021)199 M
Southwest Airlines Cash, 31-Mar-202112 B
Southwest Airlines EV30.8 B
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Southwest Airlines Revenue

Southwest Airlines revenue was $9.05 b in FY, 2020 which is a 59.7% year over year decrease from the previous period.

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Southwest Airlines Revenue Breakdown

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Southwest Airlines revenue breakdown by business segment: 84.7% from Passenger and 15.3% from Other

Southwest Airlines Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

22.0b22.4b9.0b

Revenue growth, %

4%2%(60%)

Cost of goods sold

6.0b5.7b3.1b

Gross profit

16.0b16.7b6.0b

Gross profit Margin, %

73%75%66%

General and administrative expense

7.6b8.3b6.8b

Operating expense total

12.8b13.8b9.8b

Depreciation and amortization

1.2b1.2b1.3b

EBIT

3.2b3.0b(3.8b)

EBIT margin, %

15%13%(42%)

Interest expense

131.0m118.0m349.0m

Interest income

69.0m90.0m32.0m

Pre tax profit

3.2b3.0b(4.3b)

Income tax expense

699.0m657.0m(1.2b)

Net Income

2.5b2.3b(3.1b)

EPS

4.34.3(5.4)

Southwest Airlines Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

1.9b2.5b11.1b

Accounts Receivable

568.0m1.1b1.1b

Prepaid Expenses

310.0m287.0m295.0m

Inventories

461.0m529.0m414.0m

Current Assets

5.0b6.0b15.2b

PP&E

19.5b17.0b15.8b

Goodwill

970.0m970.0m970.0m

Total Assets

26.2b25.9b34.6b

Accounts Payable

1.4b1.6b931.0m

Short-term debt

606.0m1.2b526.0m

Current Liabilities

7.9b9.0b7.5b

Long-term debt

2.8b2.8b11.7b

Total Debt

3.4b4.0b12.2b

Common Stock

808.0m808.0m888.0m

Additional Paid-in Capital

1.5b1.6b4.2b

Retained Earnings

16.0b17.9b14.8b

Total Equity

9.9b9.8b8.9b

Debt to Equity Ratio

0.3 x0.4 x1.4 x

Debt to Assets Ratio

0.1 x0.2 x0.4 x

Financial Leverage

2.7 x2.6 x3.9 x

Southwest Airlines Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

2.5b2.3b(3.1b)

Depreciation and Amortization

1.2b1.2b1.3b

Accounts Receivable

117.0m(94.0m)(294.0m)

Accounts Payable

545.0m298.0m231.0m

Cash From Operating Activities

4.9b4.0b(1.1b)

Purchases of PP&E

(1.9b)(1.0b)(515.0m)

Cash From Investing Activities

(2.0b)(303.0m)(16.0m)

Short-term Borrowings

(4.7b)

Long-term Borrowings

(342.0m)(615.0m)(839.0m)

Dividends Paid

(332.0m)(372.0m)(188.0m)

Cash From Financing Activities

(2.5b)(3.0b)9.7b

Net Change in Cash

359.0m694.0m8.5b

Interest Paid

107.0m88.0m212.0m

Income Taxes Paid

327.0m779.0m19.0m

Southwest Airlines Ratios

USDFY, 2018

EV/EBIT

8.5 x

EV/CFO

5.6 x

Revenue/Employee

378.5k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.7 x

P/E Ratio

10.8

Southwest Airlines Human Capital

Ethnicity

FY, 2020
White, percent60.2%
Black / African American, percent16.3%
Hispanic / Latino, percent14.8%
Other8.7%
FY, 2020FY, 2019FY, 2018
Male, percent58%57%57%
Female, percent42%43%43%

Southwest Airlines Employee Rating

4.52860 votes
Culture & Values
4.5
Work/Life Balance
4.1
Senior Management
4.1
Salary & Benefits
4.3
Career Opportunities
4.1
Source