Southwest Income Before Tax from 2010 to 2024

LUV Stock  USD 31.97  0.18  0.57%   
Southwest Airlines Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Southwest Airlines Income Before Tax regression line of quarterly data had r-squared of  0.01 and coefficient of variation of  150.13. View All Fundamentals
 
Income Before Tax  
First Reported
1989-03-31
Previous Quarter
478 M
Current Value
89 M
Quarterly Volatility
388.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
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Latest Southwest Airlines' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Southwest Airlines over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Southwest Airlines income statement and is an important metric when analyzing Southwest Airlines profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Southwest Airlines' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

Southwest Income Before Tax Regression Statistics

Arithmetic Mean1,317,907,231
Coefficient Of Variation150.13
Mean Deviation1,375,153,251
Median1,209,000,000
Standard Deviation1,978,616,222
Sample Variance3914922.2T
Range7.8B
R-Value(0.09)
Mean Square Error4179090.6T
R-Squared0.01
Significance0.74
Slope(41,435,503)
Total Sum of Squares54808910.2T

Southwest Income Before Tax History

2024846.8 M
2023633 M
2022728 M
20211.3 B
2020-4.3 B
2019B
20183.2 B

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Income Before Tax, 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
Income Before Tax633 M846.8 M

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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.