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

Southwest Airlines market cap is $17 b, and annual revenue was $22.43 b in FY 2019

$17 B

LUV Mkt cap, 22-May-2020

$4.2 B

Southwest Airlines Revenue Q1, 2020
Southwest Airlines Net income (Q1, 2020)-94 M
Southwest Airlines EBIT (Q1, 2020)-110 M
Southwest Airlines Cash, 31-Mar-20203.9 B
Southwest Airlines EV19.4 B

Southwest Airlines Revenue Breakdown

Embed Graph

Southwest Airlines revenue breakdown by business segment: 91.0% from Passenger and 9.0% from Other

Southwest Airlines Income Statement

Annual

USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

12.1b17.1b17.7b18.6b19.8b20.4b21.2b22.0b22.4b

Revenue growth, %

4%5%7%3%4%

Cost of goods sold

13.8b

Gross profit

7.4b

Gross profit Margin, %

35%

Sales and marketing expense

202.0m223.0m

Operating expense total

1.6b2.3b16.4b16.4b15.7b16.7b2.7b2.9b3.0b

Depreciation and amortization

867.0m938.0m1.0b1.2b1.2b1.2b1.2b

EBIT

988.0m623.0m1.3b2.2b4.1b3.8b3.5b3.2b3.0b

EBIT margin, %

8%4%7%12%21%18%17%15%13%

Interest expense

167.0m147.0m131.0m130.0m121.0m122.0m114.0m131.0m118.0m

Interest income

12.0m7.0m6.0m7.0m9.0m24.0m35.0m

Pre tax profit

745.0m685.0m1.2b1.8b3.5b3.5b3.3b3.2b3.0b

Income tax expense

286.0m264.0m455.0m680.0m1.3b1.3b(237.0m)699.0m657.0m

Net Income

459.0m421.0m754.0m1.1b2.2b2.2b3.5b2.5b2.3b

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

2.6b3.2b3.2b3.1b4.1k4.3k15.7b4.0b4.6b4.3b4.1b4.6b4.5b4.2b5.0b4.8b4.4b5.1b5.3b4.8b5.4b5.1b4.9b5.7b5.3b4.9b5.7b5.6b5.1b5.9b5.6b4.2b

Sales and marketing expense

237.0m

Operating expense total

327.0m363.0m396.0m471.0522.02.1b490.0m503.0m509.0m501.0m519.0m532.0m526.0m533.0m568.0m3.6b4.0b4.1b3.9b4.1b4.4b4.2b4.5b4.4b4.3b731.0m739.0m730.0m768.0m762.0m698.0m

Depreciation and amortization

221.0m221.0m228.0m238.0m244.0m250.0m258.0m290.0m299.0m315.0m318.0m319.0m302.0m277.0m292.0m301.0m297.0m302.0m308.0m311.0m

EBIT

54.0m363.0m355.0m114.0m207.0225.0693.0m22.0m460.0m51.0m70.0m433.0m390.0m215.0m775.0m614.0m780.0m1.1b1.2b944.0m1.3b695.0m658.0m1.3b834.0m616.0m972.0m798.0m505.0m968.0m819.0m(110.0m)

EBIT margin, %

2%11%11%4%5%5%4%1%10%1%2%9%9%5%15%13%18%21%23%20%24%14%13%22%16%12%17%14%10%16%15%(3%)

Interest expense

42.0m43.0m43.0m51.050.0194.0m40.0m38.0m35.0m29.0m33.0m35.0m33.0m34.0m31.0m32.0m29.0m31.0m30.0m32.0m31.0m29.0m27.0m28.0m32.0m33.0m33.0m31.0m31.0m30.0m

Interest income

4.0m2.0m3.0m4.01.010.0m2.0m2.0m2.0m2.0m2.0m1.0m2.0m2.0m5.0m6.0m6.0m7.0m8.0m9.0m12.0m

Pre tax profit

17.0m184.0m332.0m18.0m275.0(226.0)323.0m159.0m368.0m33.0m94.0m363.0m419.0m244.0m746.0m525.0m723.0m977.0m933.0m816.0m1.3b618.0m553.0m1.2b791.0m602.0m960.0m786.0m504.0m968.0m819.0m(144.0m)

Income tax expense

6.0m72.0m127.0m13.0m114.0(86.0)145.0m61.0m140.0m17.0m35.0m139.0m160.0m92.0m281.0m196.0m270.0m369.0m349.0m303.0m484.0m230.0m202.0m424.0m288.0m139.0m227.0m171.0m117.0m227.0m160.0m(50.0m)

Net Income

11.0m112.0m205.0m5.0m161.0(140.0)178.0m98.0m228.0m16.0m59.0m224.0m259.0m152.0m465.0m329.0m453.0m608.0m584.0m513.0m820.0m388.0m351.0m746.0m503.0m463.0m733.0m615.0m387.0m741.0m659.0m(94.0m)

Southwest Airlines Balance Sheet

Annual

USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.3b1.1b1.4b1.3b1.6b1.7b1.5b1.9b2.5b

Accounts Receivable

332.0m419.0m365.0m474.0m546.0m662.0m568.0m1.1b

Prepaid Expenses

210.0m250.0m232.0m188.0m310.0m460.0m310.0m287.0m

Inventories

467.0m342.0m311.0m337.0m

Current Assets

4.3b4.2b4.5b3.9b4.0b4.5b4.8b5.0b6.0b

PP&E

10.6b12.8b13.4b14.3b15.6b17.0b18.5b19.5b17.0b

Goodwill

970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m

Total Assets

15.5b18.6b19.3b19.7b21.3b23.3b25.1b26.2b25.9b

Accounts Payable

1.1b1.2b1.2b1.2b1.2b1.3b1.4b1.6b

Short-term debt

505.0m271.0m629.0m258.0m637.0m566.0m348.0m606.0m819.0m

Current Liabilities

3.3b4.7b5.7b5.9b7.4b6.8b6.9b7.9b9.0b

Long-term debt

2.9b2.9b2.2b2.4b2.5b2.8b3.3b2.8b2.8b

Total Debt

3.4b3.2b2.8b2.7b3.2b3.4b348.0m606.0m3.6b

Common Stock

808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m

Additional Paid-in Capital

1.2b1.2b1.2b1.3b1.4b1.4b1.5b1.5b1.6b

Retained Earnings

5.4b5.8b6.4b7.4b9.4b11.4b14.6b16.0b17.9b

Total Equity

6.2b7.0b7.3b6.8b7.4b8.4b10.4b9.9b9.8b

Debt to Equity Ratio

0.4 x0.4 x0.4 x0.4 x0 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0 x0 x

Financial Leverage

2.5 x2.7 x2.6 x2.9 x2.9 x2.8 x2.4 x2.7 x2.6 x

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.1b989.0m1.0b2.0b1.6k1.0k829.0m1.6b1.1b1.2b1.3b1.5b1.3b1.7b1.9b1.8b2.0b1.8b1.7b2.4b2.0b2.0b1.9b1.5b1.5b1.8b2.1b2.1b2.3b2.4b2.5b3.9b

Accounts Receivable

282.0m389.0369.0299.0m367.0m502.0m430.0m429.0m514.0m463.0m457.0m447.0m468.0m499.0m462.0m465.0m511.0m524.0m848.0m585.0m576.0m579.0m680.0m765.0m784.0m784.0m777.0m867.0m709.0m

Prepaid Expenses

262.0m264.0110.0238.0m318.0m203.0m224.0m215.0m209.0m228.0m241.0m276.0m291.0m270.0m255.0m239.0m192.0m202.0m214.0m235.0m250.0m223.0m448.0m498.0m514.0m354.0m281.0m239.0m256.0m

Current Assets

3.6b4.0b4.0b5.3b5.4k4.6k4.3b5.1b4.7b4.7b4.5b4.9b4.8b4.8b5.3b5.0b5.0b4.6b4.6b4.6b4.5b4.8b4.7b4.3b4.3b4.8b5.4b5.6b5.5b5.6b5.7b7.0b

PP&E

10.6b10.6b10.6b10.5b11.7k11.8k12.1b12.1b12.3b12.6b13.1b13.2b13.2b13.4b13.7b14.0b14.6b14.9b14.9b16.0b16.3b16.5b17.3b17.7b18.2b18.8b19.1b19.3b17.8b17.7b17.8b17.0b

Goodwill

971.0970.0970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m970.0m

Total Assets

14.5b15.0b15.1b16.4b18.9k17.9k18.1b18.8b18.5b18.8b19.2b19.4b19.4b20.0b20.9b20.5b21.2b21.1b21.2b22.2b22.4b23.0b23.8b23.9b24.2b25.5b26.5b26.9b26.5b26.4b26.5b26.9b

Accounts Payable

1.0k1.1k1.1b1.2b1.2b1.1b1.3b1.2b1.1b1.3b1.3b1.2b1.1b1.1b1.2b1.2b1.2b1.0b1.2b1.2b1.1b1.2b1.3b1.2b1.4b1.3b1.3b1.0b

Short-term debt

170.0m123.0m113.0m905.0m990.0986.0644.0m259.0m257.0m265.0m280.0m263.0m259.0m642.0m605.0m607.0m271.0m276.0m287.0m953.0m963.0m972.0m285.0m307.0m316.0m365.0m365.0m346.0m571.0m654.0m637.0m3.1b

Current Liabilities

2.9b3.3b3.2b4.4b5.3k5.3k4.5b5.0b5.1b5.0b5.4b5.8b5.5b6.4b7.0b6.4b6.9b6.9b7.1b8.3b7.8b7.8b7.5b7.1b7.0b7.2b7.7b7.8b8.7b8.6b8.6b10.2b

Long-term debt

3.3b3.3b3.4b2.4b3.2k3.2k3.1b3.0b3.0b3.0b2.7b2.7b2.6b2.2b2.2b2.1b2.4b2.4b2.4b2.4b2.4b2.3b2.8b2.8b2.8b3.2b3.2b3.1b3.8b3.5b3.4b3.2b

Total Debt

3.5b3.4b3.5b3.3b4.2k4.2b3.8b3.3b3.3b3.2b3.0b2.9b2.9b2.8b2.8b607.0m2.7b2.7b2.7b3.3b3.4b3.3b3.1b3.1b3.1b365.0m365.0m346.0m571.0m654.0m637.0m6.3b

Common Stock

808.0m808.0m808.0m808.0m808.0808.0808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m808.0m

Additional Paid-in Capital

1.2b1.2b1.2b1.2b1.2k1.2k1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.3b1.3b1.3b1.4b1.4b1.4b1.4b1.4b1.4b1.5b1.5b1.5b1.5b1.5b1.6b1.6b

Retained Earnings

5.0b5.1b5.3b5.4b5.4k5.3k5.4b5.5b5.7b5.7b5.8b6.0b6.2b6.6b7.0b7.3b7.8b8.4b8.9b9.9b10.6b11.0b11.7b12.4b12.8b14.2b14.9b15.4b16.3b17.0b17.5b17.8b

Total Equity

5.5b5.5b6.0b6.6b7.2k6.5k6.9b7.1b6.8b7.0b7.0b6.8b7.0b7.2b7.5b7.4b6.9b7.2b7.0b7.5b7.8b8.0b8.2b8.5b8.8b9.6b10.0b10.2b9.8b9.9b9.9b9.1b

Debt to Equity Ratio

648.6 k x0.1 x0.4 x0.4 x0.4 x0.4 x0.4 x0.4 x0.4 x0.4 x0.3 x0 x0 x0 x0.1 x0.1 x0.1 x

Debt to Assets Ratio

235.2 k x0 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0 x0 x0 x0 x0 x0 x

Financial Leverage

2.6 x2.7 x2.5 x2.5 x2.6 x2.8 x2.6 x2.7 x2.7 x2.7 x2.8 x2.9 x2.8 x2.8 x2.8 x2.8 x3.1 x2.9 x3 x3 x2.9 x2.9 x2.9 x2.8 x2.8 x2.7 x2.6 x2.6 x2.7 x2.7 x2.7 x3 x

Southwest Airlines Cash Flow

Annual

USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

459.0m421.0m754.0m1.1b2.2b2.2b3.5b2.5b2.3b

Depreciation and Amortization

628.0m844.0m867.0m938.0m1.0b1.2b1.2b1.2b1.2b

Accounts Receivable

26.0m(33.0m)(17.0m)54.0m(88.0m)(50.0m)(102.0m)117.0m(94.0m)

Accounts Payable

193.0m186.0m343.0m36.0m961.0m226.0m246.0m545.0m298.0m

Cash From Operating Activities

1.6b2.1b2.5b2.9b3.2b4.3b3.9b4.9b4.0b

Purchases of PP&E

493.0m(1.3b)(2.1b)(1.9b)(1.0b)

Capital Expenditures

(1.4b)(1.7b)(2.0b)(2.0b)

Cash From Investing Activities

(1.3b)(833.0m)(1.4b)(1.7b)(1.9b)(2.3b)(2.4b)(2.0b)(303.0m)

Short-term Borrowings

Long-term Borrowings

(578.0m)(313.0m)(561.0m)(213.0m)(591.0m)(592.0m)(342.0m)(615.0m)

Dividends Paid

13.0m(22.0m)(71.0m)(139.0m)(180.0m)(222.0m)(274.0m)(332.0m)(372.0m)

Cash From Financing Activities

(149.0m)(947.0m)(851.0m)(1.2b)(1.0b)(1.9b)(1.7b)(2.5b)(3.0b)

Net Change in Cash

147.0m284.0m242.0m(73.0m)301.0m97.0m(185.0m)359.0m694.0m

Interest Paid

135.0m153.0m133.0m128.0m105.0m100.0m81.0m107.0m88.0m

Income Taxes Paid

274.0m100.0m346.0m155.0m1.4b902.0m992.0m327.0m779.0m

Free Cash Flow

1.0b1.2b1.2b2.3b

Quarterly

USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

11.0m112.0m205.0m5.0m161.0(140.0)178.0m98.0m228.0m16.0m59.0m224.0m542.0m152.0m617.0m946.0m453.0m1.1b1.6b511.0m1.3b1.7b351.0m1.1b1.6b463.0m1.2b1.8b387.0m1.1b1.8b(94.0m)

Depreciation and Amortization

154.0m161.0m155.0m176.0191.0715.0m201.0m202.0m217.0m210.0m213.0m643.0m221.0m449.0m687.0m244.0m494.0m751.0m290.0m588.0m903.0m318.0m637.0m939.0m277.0m569.0m870.0m297.0m598.0m906.0m311.0m

Accounts Receivable

67.0m42.0m(42.0m)87.0m21.0(11.0)(26.0m)(68.0m)(37.0m)(2.0m)(97.0m)(51.0m)(74.0m)(72.0m)(61.0m)(83.0m)(130.0m)(90.0m)(86.0m)(21.0m)(35.0m)(355.0m)(35.0m)(23.0m)(23.0m)(15.0m)(96.0m)(109.0m)(222.0m)(204.0m)(292.0m)183.0m

Accounts Payable

(85.0m)279.0m(5.0m)238.0m67.0(39.0)253.0m225.0m77.0m(187.0m)120.0m162.0m185.0m24.0m448.0m(86.0m)177.0m43.0m424.0m313.0m25.0m272.0m93.0m(245.0m)(156.0m)(501.0m)(80.0m)80.0m(257.0m)(346.0m)(240.0m)(1.3b)

Cash From Operating Activities

373.0m540.0m385.0m965.0m237.0(218.0)1.4b1.2b145.0m464.0m983.0m778.0m2.2b1.1b2.5b2.7b1.5b2.1b2.9b1.6b2.7b3.6b1.6b2.4b3.4b1.0b2.6b3.9b1.1b2.1b3.2b(377.0m)

Purchases of PP&E

(139.0m)159.0m100.0m57.0m(215.0)(276.0)(968.0m)(127.0m)(416.0m)(406.0m)(534.0m)(193.0m)(995.0m)(1.0b)(1.2b)(438.0m)(900.0m)(1.4b)(414.0m)(965.0m)(1.6b)(409.0m)(929.0m)(1.4b)(160.0m)(390.0m)(766.0m)(224.0m)

Cash From Investing Activities

(322.0m)(610.0m)(312.0m)(231.0m)(589.0)(137.0)(1.1b)(12.0m)(355.0m)(277.0m)(472.0m)(300.0m)(1.1b)(358.0m)(1.2b)(1.3b)(302.0m)(708.0m)(967.0m)(175.0m)(849.0m)(1.4b)(470.0m)(1.1b)(1.7b)(73.0m)(766.0m)(1.4b)164.0m(87.0m)(447.0m)(5.0m)

Short-term Borrowings

Long-term Borrowings

(32.0)(48.0)(557.0m)(431.0m)(38.0m)(48.0m)(164.0m)(52.0m)(267.0m)(46.0m)(119.0m)(167.0m)(51.0m)(92.0m)(170.0m)(56.0m)(103.0m)(171.0m)(369.0m)(428.0m)(534.0m)(82.0m)(157.0m)(255.0m)(99.0m)(175.0m)(245.0m)(78.0m)

Dividends Paid

(7.0m)3.0m3.0m7.0m(3.0)(3.0)(14.0m)(7.0m)(8.0m)(7.0m)(15.0m)(28.0m)(71.0m)(56.0m)(97.0m)(138.0m)(81.0m)(131.0m)(180.0m)(96.0m)(160.0m)(222.0m)(123.0m)(199.0m)(274.0m)(148.0m)(240.0m)(332.0m)(178.0m)(276.0m)(372.0m)(188.0m)

Cash From Financing Activities

(55.0m)(51.0m)(31.0m)44.0m(92.0)(224.0)(766.0m)(484.0m)(265.0m)(102.0m)(286.0m)(327.0m)(838.0m)(375.0m)(716.0m)(962.0m)(407.0m)(881.0m)(1.5b)(636.0m)(1.4b)(1.8b)(984.0m)(1.5b)(1.9b)(602.0m)(1.2b)(1.9b)(779.0m)(1.4b)(2.1b)1.8b

Net Change in Cash

(4.0m)(121.0m)42.0m778.0m(444.0)(579.0)(432.0m)729.0m(475.0m)85.0m225.0m151.0m220.0m386.0m527.0m477.0m743.0m490.0m458.0m805.0m457.0m383.0m171.0m(143.0m)(220.0m)327.0m619.0m609.0m490.0m592.0m634.0m1.4b

Interest Paid

34.0m33.0m33.0m34.0m48.048.0185.0m47.0m33.0m39.0m41.0m26.0m106.0m34.0m67.0m102.0m32.0m53.0m86.0m27.0m50.0m77.0m27.0m45.0m61.0m18.0m52.0m70.0m15.0m48.0m59.0m14.0m

Income Taxes Paid

39.0m105.0m4.013.0m1.0m94.0m2.0m2.0m21.0m147.0m12.0m144.0m111.0m566.0m975.0m73.0m638.0m902.0m6.0m382.0m611.0m4.0m174.0m212.0m4.0m318.0m487.0m5.0m

Southwest Airlines Ratios

USDY, 2020

EV/EBIT

-176.6 x

EV/CFO

-51.5 x

Financial Leverage

3 x

Southwest Airlines Employee Rating

4.32176 votes
Culture & Values
4.4
Work/Life Balance
3.9
Senior Management
3.8
Salary & Benefits
4.2
Career Opportunities
4.1
Source