Southwest Airlines Co.'s Revenue by Segment
In fiscal year 2024, Southwest Airlines Co.'s revenue by segment (products & services) are as follows:
- Cargo and Freight: $175.00 M
- Passenger: $24.98 B
- Product and Service, Other: $2.33 B
Learn more about Southwest Airlines Co.’s Revenue by Geography
Check out competitors to Southwest Airlines Co. in a side-by-side comparison.
Explore additional financial metrics for Southwest Airlines Co..
Southwest Airlines Co.'s Revenue Share by Segment
| Cargo and Freight | 177000000 |
|---|---|
| Passenger | 21408000000 |
| Product and Service, Other | 2229000000 |
| Cargo and Freight | 175000000 |
|---|---|
| Passenger | 23637000000 |
| Product and Service, Other | 2279000000 |
| Cargo and Freight | 175000000 |
|---|---|
| Passenger | 24980000000 |
| Product and Service, Other | 2328000000 |
The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).
In fiscal year 2022, Southwest Airlines Co.'s revenue by segment is as follows:
- Cargo and Freight generated $177.00 M in revenue, representing 0.74% of its total revenue.
- Passenger generated $21.41 B in revenue, representing 89.9% of its total revenue.
- Product and Service, Other generated $2.23 B in revenue, representing 9.36% of its total revenue.
The biggest segment for Southwest Airlines Co. is the Passenger, which represents 89.9% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Cargo and Freight, which represents 0.74% of its total revenue.
The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).
In fiscal year 2023, Southwest Airlines Co.'s revenue by segment is as follows:
- Cargo and Freight generated $175.00 M in revenue, representing 0.67% of its total revenue.
- Passenger generated $23.64 B in revenue, representing 90.59% of its total revenue.
- Product and Service, Other generated $2.28 B in revenue, representing 8.73% of its total revenue.
The biggest segment for Southwest Airlines Co. is the Passenger, which represents 90.59% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Cargo and Freight, which represents 0.67% of its total revenue.
The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).
In fiscal year 2024, Southwest Airlines Co.'s revenue by segment is as follows:
- Cargo and Freight generated $175.00 M in revenue, representing 0.64% of its total revenue.
- Passenger generated $24.98 B in revenue, representing 90.89% of its total revenue.
- Product and Service, Other generated $2.33 B in revenue, representing 8.47% of its total revenue.
The biggest segment for Southwest Airlines Co. is the Passenger, which represents 90.89% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Cargo and Freight, which represents 0.64% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cargo and Freight | 0.74% | 0.67% | 0.64% |
| Passenger | 89.9% | 90.59% | 90.89% |
| Product and Service, Other | 9.36% | 8.73% | 8.47% |
| Total Revenue | 100% | 100% | 100% |
Southwest Airlines Co.'s Segments Revenue Trend
The above chart shows the revenue trend of different segments of Southwest Airlines Co..
In fiscal year 2024, the Passenger generated the most revenue ($24.98 B), and the Cargo and Freight generated the least revenue ($175.00 M).
Southwest Airlines Co.'s Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cargo and Freight | $177.00 M - |
$175.00 M
1.13%
|
$175.00 M - |
| Passenger | $21.41 B - |
$23.64 B
10.41%
|
$24.98 B
5.68%
|
| Product and Service, Other | $2.23 B - |
$2.28 B
2.24%
|
$2.33 B
2.15%
|
| Total Revenue | $23.81 B - |
$26.09 B
9.56%
|
$27.48 B
5.34%
|
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