Southwest Financial Statements From 2010 to 2024

0L8F Stock   32.36  0.48  1.51%   
Southwest Airlines financial statements provide useful quarterly and yearly information to potential Southwest Airlines Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southwest Airlines financial statements helps investors assess Southwest Airlines' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southwest Airlines' valuation are summarized below:
Gross Profit
B
Profit Margin
(0)
Market Capitalization
1.7 T
Revenue
27.4 B
Earnings Share
0.97
There are over seventy-six available fundamental trend indicators for Southwest Airlines Co, which can be analyzed over time and compared to other ratios. All traders should double-check Southwest Airlines' current fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.

Southwest Airlines Total Revenue

27.4 Billion

Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Total Revenue of 27.4 B or Gross Profit of 3.5 B, as well as many indicators such as . Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
This module can also supplement various Southwest Airlines Technical models . Check out the analysis of Southwest Airlines Correlation against competitors.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Southwest Airlines Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets38.3 B36.5 B25.3 B
Slightly volatile
Short and Long Term Debt Total9.7 B9.2 B5.5 B
Slightly volatile
Other Current Liabilities2.4 B4.6 B4.1 B
Pretty Stable
Total Current Liabilities12.9 B12.3 B7.4 B
Slightly volatile
Total Stockholder Equity5.4 B10.5 BB
Slightly volatile
Property Plant And Equipment Net21.6 B20.6 B15.8 B
Slightly volatile
Retained Earnings17.1 B16.3 B11.7 B
Slightly volatile
Cash9.8 B9.3 B4.4 B
Slightly volatile
Non Current Assets Total23.7 B22.5 B17.4 B
Slightly volatile
Cash And Short Term Investments12 B11.5 B6.3 B
Slightly volatile
Net Receivables1.2 B1.2 B711.7 M
Slightly volatile
Common Stock Shares Outstanding578 M640 M644.9 M
Slightly volatile
Liabilities And Stockholders Equity38.3 B36.5 B25.3 B
Slightly volatile
Non Current Liabilities Total14.4 B13.7 B9.5 B
Slightly volatile
Inventory847.4 M807 M476.1 M
Slightly volatile
Other Current Assets399.3 M520 M640.2 M
Pretty Stable
Total Liabilities27.3 B26 B16.9 B
Slightly volatile
Total Current Assets14.7 B14 B7.9 B
Slightly volatile
Short Term Debt324.8 M474 M589.5 M
Slightly volatile
Intangible Assets305.2 M340.4 M290.3 M
Slightly volatile
Accounts Payable527.6 M265 M661.3 M
Very volatile
Current Deferred Revenue6.9 B6.6 B3.8 B
Slightly volatile
Common Stock762.3 MB790.9 M
Slightly volatile
Short Term Investments1.8 B2.2 B1.9 B
Slightly volatile
Good Will776 M873 M950.6 M
Slightly volatile
Other Assets773.7 M842.4 M928.8 M
Pretty Stable
Other Liabilities4.3 B4.6 B5.2 B
Pretty Stable
Net Tangible Assets9.4 B10.8 B8.6 B
Slightly volatile
Long Term DebtB11.8 B5.2 B
Slightly volatile
Capital Surpluse2.9 B4.9 B2.3 B
Slightly volatile
Property Plant Equipment14.2 B16.5 B17.4 B
Slightly volatile

Southwest Airlines Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B1.5 B1.1 B
Slightly volatile
Total Revenue27.4 B26.1 B18.5 B
Slightly volatile
Other Operating Expenses27.2 B25.9 B17 B
Slightly volatile
Cost Of Revenue23 B21.9 B14.1 B
Slightly volatile
Total Operating ExpensesBB2.9 B
Pretty Stable
Selling General AdministrativeB3.7 B2.7 B
Pretty Stable
Selling And Marketing Expenses182.9 M266 M208.5 M
Pretty Stable
Interest Expense168.6 M236 M164.6 M
Slightly volatile
Interest Income504.7 M480.7 M218.1 M
Slightly volatile
Extraordinary Items26.5 M27.9 M691.3 M
Slightly volatile

Southwest Airlines Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow10 B9.5 B3.9 B
Slightly volatile
Dividends Paid516.8 M492.2 M245.5 M
Slightly volatile
Capital Expenditures3.7 B3.6 B1.8 B
Slightly volatile
End Period Cash Flow9.8 B9.3 B4.4 B
Slightly volatile
Stock Based Compensation47.4 M86 M42.9 M
Slightly volatile
Change To Liabilities1.2 B1.7 B878.5 M
Slightly volatile

Southwest Fundamental Market Drivers

Cash And Short Term Investments11.5 B

About Southwest Airlines Financial Statements

Southwest Airlines shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Southwest Airlines investors may analyze each financial statement separately, they are all interrelated. The changes in Southwest Airlines' assets and liabilities, for example, are also reflected in the revenues and expenses on on Southwest Airlines' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue6.6 B6.9 B
Total Revenue26.1 B27.4 B
Cost Of Revenue21.9 B23 B

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Additional Tools for Southwest Stock Analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.