Southwest Airlines Co financial data

Symbol
LUV on NYSE
Industry
Air Transportation, Scheduled
Location
2702 Love Field Dr, P O Box 36611, Dallas, TX
State of incorporation
TX
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 28, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99.7 % -22.2%
Return On Equity -0.47 % -110%
Return On Assets -0.14 % -110%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 600M shares +0.61%
Entity Public Float 21.5B USD +0.66%
Common Stock, Value, Issued 888M USD 0%
Weighted Average Number of Shares Outstanding, Basic 599M shares +0.5%
Weighted Average Number of Shares Outstanding, Diluted 601M shares -6.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 27.4B USD +7.61%
Operating Income (Loss) -361M USD -249%
Nonoperating Income (Expense) 345M USD -11.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -16M USD -103%
Income Tax Expense (Benefit) 33M USD -75.7%
Net Income (Loss) Attributable to Parent -49M USD -110%
Earnings Per Share, Basic -0.09 USD/shares -111%
Earnings Per Share, Diluted -0.06 USD/shares -107%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.5B USD -10.5%
Accounts Receivable, after Allowance for Credit Loss, Current 50M USD -64.8%
Assets, Current 11.9B USD -18.5%
Property, Plant and Equipment, Net 19.8B USD +3.66%
Operating Lease, Right-of-Use Asset 1.1B USD -14.5%
Intangible Assets, Net (Excluding Goodwill) 300M USD +1.35%
Goodwill 970M USD 0%
Other Assets, Noncurrent 1.07B USD +5.61%
Assets 34.8B USD -5.77%
Accounts Payable, Current 1.52B USD -12.6%
Accrued Liabilities, Current 2.1B USD -27.2%
Contract with Customer, Liability, Current 6.74B USD -6.94%
Liabilities, Current 13.5B USD +11.4%
Long-term Debt and Lease Obligation 5.08B USD -36.4%
Contract with Customer, Liability, Noncurrent 1.96B USD +11.6%
Deferred Income Tax Liabilities, Net 2.09B USD -2.92%
Operating Lease, Liability, Noncurrent 888M USD -14.5%
Other Liabilities, Noncurrent 933M USD +6.02%
Accumulated Other Comprehensive Income (Loss), Net of Tax -37M USD -118%
Retained Earnings (Accumulated Deficit) 16.2B USD -2.88%
Stockholders' Equity Attributable to Parent 10.4B USD -5.82%
Liabilities and Equity 34.8B USD -5.77%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 412M USD -87.6%
Net Cash Provided by (Used in) Financing Activities -409M USD +61.5%
Net Cash Provided by (Used in) Investing Activities -997M USD +68.8%
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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -994M USD -5.07%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.5B USD -10.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 218M USD -7.63%
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 -287M USD -173%
Lessee, Operating Lease, Liability, to be Paid 1.41B USD -9.52%
Property, Plant and Equipment, Gross 34.9B USD +4.18%
Operating Lease, Liability, Current 202M USD -8.18%
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%
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%
Lessee, Operating Lease, Liability, to be Paid, Year Four 179M USD +0.56%