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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Southwest Airlines Co. Income Statement
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$9.05 B | $15.79 B | $23.81 B | $26.09 B | $27.48 B |
| Cost of Revenue |
|
$10.94 B | $11.68 B | $19.06 B | $21.87 B | $23.02 B |
| Gross Profit |
|
-$1.89 B | $4.12 B | $4.75 B | $4.22 B | $4.46 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$1.93 B | $2.39 B | $3.74 B | $3.99 B | - |
| Operating Expense |
|
$1.93 B | $2.39 B | $3.74 B | $3.99 B | $4.14 B |
| Operating Income |
|
-$3.82 B | $1.72 B | $1.02 B | $224.00 M | $321.00 M |
| Net Income |
|
-$3.07 B | $977.00 M | $539.00 M | $465.00 M | $465.00 M |
Southwest Airlines Co. Balance Sheet
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$13.33 B | $15.50 B | $12.29 B | $11.47 B | $8.73 B |
| Inventories |
|
$414.00 M | $537.00 M | $790.00 M | $807.00 M | $800.00 M |
| Total Current Assets |
|
$15.17 B | $18.04 B | $14.81 B | $13.96 B | $11.27 B |
| Property,Plant and Equipment |
|
$17.72 B | $16.43 B | $18.74 B | $20.60 B | $20.43 B |
| Goodwill |
|
$970.00 M | $970.00 M | $970.00 M | $970.00 M | $970.00 M |
| Total Assets |
|
$34.59 B | $36.32 B | $35.37 B | $36.49 B | $33.75 B |
| Total Liabilities |
|
$25.71 B | $25.91 B | $24.68 B | $25.97 B | $23.40 B |
| Retained Earnings |
|
$14.78 B | $15.77 B | $16.26 B | $16.30 B | $16.33 B |
| Total Shareholder Equity |
|
$8.88 B | $10.41 B | $10.69 B | $10.52 B | $10.35 B |
| Common Stock |
|
$888.00 M | $888.00 M | $888.00 M | $888.00 M | $888.00 M |
Southwest Airlines Co. Cash flow
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$1.26 B | $1.27 B | $1.35 B | $1.52 B | $1.66 B |
| Dividends Payout |
|
-$188.00 M | - | - | -$428.00 M | -$430.00 M |
| Capital Expenditures (Capex) |
|
-$515.00 M | -$511.00 M | -$3.95 B | -$3.55 B | -$2.08 B |
| Free Cash Flow (FCF) |
|
-$1.64 B | $1.81 B | -$156.00 M | -$389.00 M | -$1.62 B |
Southwest Airlines Co. Profitability
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
-$1.89 B | $4.12 B | $4.75 B | $4.22 B | $4.46 B |
| Gross Profit Margin (%) |
|
-20.89% | 26.06% | 19.95% | 16.19% | 16.22% |
| Operating Income |
|
-$3.82 B | $1.72 B | $1.02 B | $224.00 M | $321.00 M |
| Operating Income Margin (%) |
|
-42.18% | 10.90% | 4.27% | 0.86% | 1.17% |
| Net Income |
|
-$3.07 B | $977.00 M | $539.00 M | $465.00 M | $465.00 M |
| Net Income Margin (%) |
|
-33.97% | 6.19% | 2.26% | 1.78% | 1.69% |
| EBITDA |
|
-$2.70 B | $3.03 B | $2.38 B | $2.39 B | $2.50 B |
| EBITDA Margin (%) |
|
-29.83% | 19.18% | 9.99% | 9.16% | 9.11% |
Southwest Airlines Co. Ratios
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
-34.63% | 9.38% | 5.04% | 4.42% | 4.49% |
| Return on Assets (ROA) |
|
-8.89% | 2.69% | 1.52% | 1.27% | 1.38% |
| Debt to Equity |
|
137.44% | 117.93% | 88.25% | 87.77% | 77.86% |
| Debt to total asset |
|
35.27% | 33.81% | 26.66% | 25.29% | 23.88% |
| Enterprise value to revenue |
|
3.04 | 1.59 | 0.84 | 0.66 | 0.77 |
| Enterprise value to EBITDA |
|
-10.18 | 8.31 | 8.36 | 7.16 | 8.50 |
| Enterprise value |
|
$27.47 B | $25.16 B | $19.91 B | $17.12 B | $21.28 B |
| Cash to Debt |
|
-9.24% | 18.91% | 40.19% | 34.28% | 5.73% |
| Tax Rate (%) |
|
27.77% | 26.26% | 25.96% | 26.54% | 22.24% |
| Payout Ratio |
|
-6.12% | - | - | 92.04% | 92.47% |
