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
Texas
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 108 % -21.5%
Return On Equity 0.73 % -86.5%
Return On Assets 0.21 % -87%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 599M shares +0.59%
Entity Public Float 21.5B USD +0.66%
Common Stock, Value, Issued 888M USD 0%
Weighted Average Number of Shares Outstanding, Basic 599M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 643M shares +0.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 27B USD +7.54%
Operating Income (Loss) -282M USD -154%
Nonoperating Income (Expense) 414M USD +81.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 132M USD -82.4%
Income Tax Expense (Benefit) 55M USD -67.3%
Net Income (Loss) Attributable to Parent 77M USD -86.7%
Earnings Per Share, Basic 0.12 USD/shares -87.6%
Earnings Per Share, Diluted 0.14 USD/shares -85.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.14B USD -11.1%
Accounts Receivable, after Allowance for Credit Loss, Current 67M USD -30.9%
Assets, Current 12.8B USD -13%
Property, Plant and Equipment, Net 19.7B USD +5.75%
Operating Lease, Right-of-Use Asset 1.13B USD -15.2%
Intangible Assets, Net (Excluding Goodwill) 300M USD +1.35%
Goodwill 970M USD 0%
Other Assets, Noncurrent 1.05B USD +9.2%
Assets 35.6B USD -2.62%
Accounts Payable, Current 2.03B USD +7.76%
Accrued Liabilities, Current 1.87B USD -24.2%
Contract with Customer, Liability, Current 7.09B USD -0.49%
Liabilities, Current 14.1B USD +20.3%
Long-term Debt and Lease Obligation 5.07B USD -36.6%
Contract with Customer, Liability, Noncurrent 1.99B USD +2.68%
Deferred Income Tax Liabilities, Net 2.09B USD +1.56%
Operating Lease, Liability, Noncurrent 915M USD -15%
Other Liabilities, Noncurrent 926M USD -1.07%
Accumulated Other Comprehensive Income (Loss), Net of Tax 11M USD -81%
Retained Earnings (Accumulated Deficit) 16.2B USD -2.13%
Stockholders' Equity Attributable to Parent 10.5B USD -3%
Liabilities and Equity 35.6B USD -2.62%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 915M USD -68.8%
Net Cash Provided by (Used in) Financing Activities -412M USD +85%
Net Cash Provided by (Used in) Investing Activities -1.52B USD +64.3%
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 -1.02B USD +75.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.14B USD -11.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 223M USD -13.9%
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 30M USD -34%
Lessee, Operating Lease, Liability, to be Paid 1.41B USD -9.52%
Property, Plant and Equipment, Gross 34.5B USD +5.39%
Operating Lease, Liability, Current 198M USD -12.4%
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%