Southwest Airlines Co financial data

Symbol
LUV on NYSE
Industry
Air Transportation, Scheduled
Location
2702 Love Field Dr, P O Box 36611, Dallas, Texas
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 117 % -21%
Return On Equity 3.69 % -39.6%
Return On Assets 1.08 % -40.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 598M shares +0.57%
Entity Public Float 21.5B USD +0.66%
Common Stock, Value, Issued 888M USD 0%
Weighted Average Number of Shares Outstanding, Basic 597M shares +0.51%
Weighted Average Number of Shares Outstanding, Diluted 597M shares +0.51%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 26.7B USD +7.61%
Operating Income (Loss) 115M USD -87%
Nonoperating Income (Expense) 425M USD +2733%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 540M USD -39.9%
Income Tax Expense (Benefit) 147M USD -39%
Net Income (Loss) Attributable to Parent 393M USD -40.3%
Earnings Per Share, Basic 0.66 USD/shares -40.5%
Earnings Per Share, Diluted 0.64 USD/shares -40.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.37B USD +0.1%
Accounts Receivable, after Allowance for Credit Loss, Current 58M USD -9.38%
Assets, Current 13.3B USD -6.96%
Property, Plant and Equipment, Net 19.6B USD +8.53%
Operating Lease, Right-of-Use Asset 1.18B USD -14.3%
Intangible Assets, Net (Excluding Goodwill) 295M USD 0%
Goodwill 970M USD 0%
Other Assets, Noncurrent 1.02B USD +14%
Assets 36B USD +1.33%
Accounts Payable, Current 1.95B USD +12.7%
Accrued Liabilities, Current 2.4B USD +13.3%
Contract with Customer, Liability, Current 7.64B USD +5.89%
Liabilities, Current 12.2B USD +7.91%
Long-term Debt and Lease Obligation 7.97B USD -0.31%
Contract with Customer, Liability, Noncurrent 1.75B USD -11.5%
Deferred Income Tax Liabilities, Net 1.98B USD +4.93%
Operating Lease, Liability, Noncurrent 953M USD -14.3%
Other Liabilities, Noncurrent 937M USD +0.11%
Accumulated Other Comprehensive Income (Loss), Net of Tax 19M USD -90.4%
Retained Earnings (Accumulated Deficit) 16B USD -0.23%
Stockholders' Equity Attributable to Parent 10.2B USD -1.03%
Liabilities and Equity 36B USD +1.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.35B USD -31.3%
Net Cash Provided by (Used in) Financing Activities -406M USD +86.4%
Net Cash Provided by (Used in) Investing Activities -1.94B USD +62.6%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 888M shares 0%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 8M USD +18.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.37B USD +0.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 227M USD -25.3%
Deferred Tax Assets, Gross 2.18B USD +8.96%
Operating Lease, Liability 1.19B USD -11.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 215M USD +30.7%
Lessee, Operating Lease, Liability, to be Paid 1.41B USD -9.52%
Property, Plant and Equipment, Gross 34.1B USD +6.88%
Operating Lease, Liability, Current 206M USD -11.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 201M USD -11.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 242M USD -9.02%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 159M USD -30.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 214M USD +0.94%
Lessee, Operating Lease, Liability, to be Paid, Year Three 186M USD -0.54%
Deferred Tax Assets, Operating Loss Carryforwards 309M USD -0.32%
Deferred Federal Income Tax Expense (Benefit) 140M USD -32.7%
Current Income Tax Expense (Benefit) 9M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 179M USD +0.56%
Operating Lease, Payments 251M USD -17.2%
Current State and Local Tax Expense (Benefit) 19M USD
Current Federal Tax Expense (Benefit) -10M USD +72.2%
Share-based Payment Arrangement, Expense 86M USD +2.38%
Deferred State and Local Income Tax Expense (Benefit) 19M USD -5%