SOUTHWEST AIRLINES CO financial data

Symbol
LUV on NYSE
Location
Dallas, TX
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 23 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70% % -30%
Return On Equity 4.3% %
Return On Assets 1.2% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 517,155,080 shares -14%
Entity Public Float $17,086,581,902 USD -21%
Common Stock, Value, Issued $888,000,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 523,000,000 shares -13%
Weighted Average Number of Shares Outstanding, Diluted 526,000,000 shares -12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $27,551,000,000 USD 0.64%
Operating Income (Loss) $315,000,000 USD -7.9%
Nonoperating Income (Expense) $170,000,000 USD -51%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $485,000,000 USD -24%
Income Tax Expense (Benefit) $105,000,000 USD 218%
Net Income (Loss) Attributable to Parent $380,000,000 USD -19%
Earnings Per Share, Basic 0 USD/shares -9.1%
Earnings Per Share, Diluted 0 USD/shares -9.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $2,902,000,000 USD -66%
Accounts Receivable, after Allowance for Credit Loss, Current $52,000,000 USD 4%
Assets, Current $5,395,000,000 USD -55%
Property, Plant and Equipment, Net $19,705,000,000 USD -0.34%
Operating Lease, Right-of-Use Asset $1,169,000,000 USD 6.2%
Intangible Assets, Net (Excluding Goodwill) $295,000,000 USD -1.7%
Goodwill $970,000,000 USD 0%
Other Assets, Noncurrent $1,073,000,000 USD 0%
Assets $28,312,000,000 USD -19%
Accounts Payable, Current $1,708,000,000 USD 13%
Accrued Liabilities, Current $2,091,000,000 USD -0.24%
Contract with Customer, Liability, Current $6,862,000,000 USD 1.8%
Liabilities, Current $10,994,000,000 USD -18%
Long-term Debt and Lease Obligation $4,079,000,000 USD -20%
Contract with Customer, Liability, Noncurrent $1,263,000,000 USD -35%
Deferred Income Tax Liabilities, Net $2,210,000,000 USD 5.5%
Operating Lease, Liability, Noncurrent $846,000,000 USD -4.7%
Other Liabilities, Noncurrent $1,144,000,000 USD 23%
Accumulated Other Comprehensive Income (Loss), Net of Tax $6,000,000 USD 84%
Retained Earnings (Accumulated Deficit) $16,158,000,000 USD -0.12%
Stockholders' Equity Attributable to Parent $7,776,000,000 USD -25%
Liabilities and Equity $28,312,000,000 USD -19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $2,024,000,000 USD 391%
Net Cash Provided by (Used in) Financing Activities $7,010,000,000 USD -1614%
Net Cash Provided by (Used in) Investing Activities $615,000,000 USD 38%
Common Stock, Shares Authorized 2,000,000,000 shares 0%
Common Stock, Shares, Issued 888,111,634 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 $5,601,000,000 USD -463%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,902,000,000 USD -66%
Interest Paid, Excluding Capitalized Interest, Operating Activities $163,000,000 USD -25%
Deferred Tax Assets, Gross $1,879,000,000 USD -14%
Operating Lease, Liability $1,359,000,000 USD 14%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $411,000,000 USD 337%
Lessee, Operating Lease, Liability, to be Paid $1,565,000,000 USD 11%
Property, Plant and Equipment, Gross $35,275,000,000 USD 1.2%
Operating Lease, Liability, Current $310,000,000 USD 53%
Lessee, Operating Lease, Liability, to be Paid, Year Two $328,000,000 USD 63%
Lessee, Operating Lease, Liability, to be Paid, Year One $368,000,000 USD 52%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $206,000,000 USD -3.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three $240,000,000 USD 29%
Deferred Tax Assets, Operating Loss Carryforwards $352,000,000 USD 14%
Lessee, Operating Lease, Liability, to be Paid, Year Four $174,000,000 USD -2.8%