Southwest Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Southwest Airlines
LUV Stock  USD 47.52  0.98  2.02%   
Southwest Airlines' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Southwest Airlines' valuation are provided below:
Gross Profit
6.5 B
Profit Margin
0.0157
Market Capitalization
25 B
Enterprise Value Revenue
0.9737
Revenue
28.1 B
There are over one hundred nineteen available fundamental trend indicators for Southwest Airlines, which can be analyzed over time and compared to other ratios. All traders should should double-check Southwest Airlines' current fundamental trends against the trends from 2010 to 2026 to make sure the company is sustainable. Market Cap is likely to climb to about 24 B in 2026. Enterprise Value is likely to climb to about 23.8 B in 2026

Southwest Airlines Total Revenue

29.47 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, Interest Expense of 94 M or Total Revenue of 29.5 B, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0202 or PTB Ratio of 1.9. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
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Southwest Airlines Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.4 B29.1 B24.7 B
Slightly volatile
Short and Long Term Debt Total9.7 B9.3 B5.9 B
Slightly volatile
Other Current Liabilities4 B3.8 B2.7 B
Slightly volatile
Total Current Liabilities11.5 B10.9 B7.8 B
Slightly volatile
Total Stockholder Equity5.6 B8 B8.2 B
Slightly volatile
Property Plant And Equipment Net24.7 B23.5 B16.7 B
Slightly volatile
Retained Earnings17.2 B16.4 B12.2 B
Slightly volatile
Cash9.1 B8.6 B4.8 B
Slightly volatile
Non Current Assets Total27.1 B25.8 B18.4 B
Slightly volatile
Cash And Short Term Investments3.3 B3.2 B5.7 B
Slightly volatile
Net Receivables1.2 B1.1 B760.5 M
Slightly volatile
Common Stock Shares Outstanding573.2 M558 M639.4 M
Slightly volatile
Liabilities And Stockholders Equity15.5 B29.1 B24.7 B
Slightly volatile
Non Current Liabilities Total13.4 B12.8 B9.8 B
Slightly volatile
Inventory813.8 M775 M510.7 M
Slightly volatile
Other Current Assets771.6 M734.9 M466.6 M
Slightly volatile
Total Liabilities22.1 B21.1 B17.3 B
Slightly volatile
Total Current Assets4.2 B5.6 B7.3 B
Slightly volatile
Short Term Debt2.4 B2.3 B793 M
Slightly volatile
Intangible Assets253.2 M345 M289.4 M
Slightly volatile
Accounts Payable373.2 M389.9 M328.3 M
Pretty Stable
Current Deferred Revenue7.6 B7.2 B4.2 B
Slightly volatile
Common Stock775.7 M1 B803.1 M
Slightly volatile
Common Stock Total Equity776.3 M1 B803.1 M
Slightly volatile
Property Plant And Equipment Gross42.6 B40.6 B22.2 B
Slightly volatile
Other Liabilities6.2 B5.9 B4.1 B
Slightly volatile
Long Term Debt3.9 B4.6 B4.4 B
Slightly volatile
Property Plant Equipment14.9 B21.3 B16.1 B
Slightly volatile
Net Tangible Assets8.9 B15 B9.2 B
Slightly volatile
Long Term Debt Total4.9 B4.6 B4.6 B
Slightly volatile
Capital Surpluse2.6 B4.3 B2.4 B
Slightly volatile
Non Current Liabilities Other189 M198.9 M1.1 B
Slightly volatile
Long Term Investments443.2 M422.1 M200 M
Slightly volatile
Short and Long Term Debt2 B1.9 B616.6 M
Slightly volatile
Cash And Equivalents3.1 B3.2 B4.3 B
Slightly volatile
Net Invested Capital18.5 B19.6 B16 B
Slightly volatile
Capital Stock951.7 M1 B852.5 M
Slightly volatile
Capital Lease Obligations1.2 B1.2 B1.4 B
Very volatile

Southwest Airlines Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B1.6 B1.1 B
Slightly volatile
Total Revenue29.5 B28.1 B19.7 B
Slightly volatile
Other Operating Expenses29 B27.6 B18.4 B
Slightly volatile
Cost Of Revenue24.3 B23.2 B15.6 B
Slightly volatile
Total Operating Expenses2.5 B4.5 B2.7 B
Slightly volatile
Selling General Administrative14.9 B14.2 B5.9 B
Slightly volatile
Selling And Marketing Expenses417.8 M397.9 M241.5 M
Slightly volatile
Non Recurring33.3 M35.1 M66 M
Slightly volatile
Interest Income87.4 M92 M340.9 M
Slightly volatile
Reconciled Depreciation1.5 B1.9 B1.3 B
Slightly volatile

Southwest Airlines Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.9 B7.5 B4.3 B
Slightly volatile
Capital Expenditures1.4 B2.7 B1.8 B
Slightly volatile
End Period Cash Flow2.6 B3.2 B4.1 B
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.060.661.1859
Very volatile
Dividend Yield0.02020.01920.0122
Slightly volatile
PTB Ratio1.91.752.4346
Very volatile
Days Sales Outstanding9.8213.2714.7573
Slightly volatile
Book Value Per Share16.3615.5813.7785
Slightly volatile
Stock Based Compensation To Revenue0.00310.00410.0028
Pretty Stable
PB Ratio1.91.752.4346
Very volatile
EV To Sales1.580.861.3148
Very volatile
Inventory Turnover37.6233.132.6583
Slightly volatile
Days Of Inventory On Hand9.5411.4111.5845
Slightly volatile
Payables Turnover64.1861.1369.6162
Pretty Stable
Sales General And Administrative To Revenue0.460.320.3062
Very volatile
Capex To Revenue0.170.0870.1034
Very volatile
Cash Per Share13.7913.1310.445
Slightly volatile
Days Payables Outstanding5.876.188.2405
Slightly volatile
Income Quality0.850.892.8495
Pretty Stable
Intangibles To Total Assets0.05130.04330.0485
Slightly volatile
Current Ratio1.181.061.0545
Pretty Stable
Tangible Book Value Per Share14.3513.6711.8595
Slightly volatile
Receivables Turnover29.322.2831.1985
Slightly volatile
Graham Number9.4815.6622.118
Pretty Stable
Shareholders Equity Per Share16.3615.5813.807
Slightly volatile
Debt To Equity0.440.70.6349
Slightly volatile
Capex Per Share3.293.132.8339
Slightly volatile
Revenue Per Share43.4341.3631.2518
Slightly volatile
Interest Debt Per Share13.0712.459.6389
Slightly volatile
Debt To Assets0.230.270.2187
Pretty Stable
Operating Cycle19.3624.6826.3418
Slightly volatile
Price Book Value Ratio1.91.752.4346
Very volatile
Days Of Payables Outstanding5.876.188.2405
Slightly volatile
Ebt Per Ebit1.761.681.1598
Slightly volatile
Company Equity Multiplier2.022.932.869
Slightly volatile
Long Term Debt To Capitalization0.340.380.3263
Slightly volatile
Total Debt To Capitalization0.270.390.3665
Slightly volatile
Debt Equity Ratio0.440.70.6349
Slightly volatile
Quick Ratio1.10.980.9839
Pretty Stable
Net Income Per E B T0.540.70.7087
Pretty Stable
Cash Ratio0.720.70.5633
Slightly volatile
Days Of Inventory Outstanding9.5411.4111.5845
Slightly volatile
Days Of Sales Outstanding9.8213.2714.7573
Slightly volatile
Price To Book Ratio1.91.752.4346
Very volatile
Fixed Asset Turnover0.821.211.1392
Pretty Stable
Debt Ratio0.230.270.2187
Pretty Stable
Price Sales Ratio1.060.661.1859
Very volatile
Asset Turnover0.840.940.7848
Pretty Stable
Price Fair Value1.91.752.4346
Very volatile

Southwest Airlines Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap24 B22.8 B25.8 B
Very volatile
Enterprise Value23.8 B22.6 B26.3 B
Very volatile

Southwest Fundamental Market Drivers

Forward Price Earnings17.4216
Cash And Short Term Investments3.2 B

Southwest Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue7.2 B7.6 B
Total Revenue28.1 B29.5 B
Cost Of Revenue23.2 B24.3 B
Sales General And Administrative To Revenue 0.32  0.46 
Capex To Revenue 0.09  0.17 
Revenue Per Share 41.36  43.43 
Ebit Per Revenue 0.01  0.01 

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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.
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