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Southwest Airlines Co
Previous close
$31.26
Day range
$31.25 - $31.88
Year range
$22.58 - $35.18
Market cap
19.06B USD
Avg Volume
7.90M
P/E ratio
-
Dividend yield
2.27%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 6.87B | 5.29% |
Operating expense | 1.46B | 14.10% |
Net income | 67.00M | -65.28% |
Net profit margin | 0.98 | -66.89% |
Earnings per share | 0.15 | -60.53% |
EBITDA | 457.00M | -9.15% |
Effective tax rate | 24.72% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 9.38B | -20.04% |
Total assets | 34.85B | -5.77% |
Total liabilities | 24.44B | -5.75% |
Total equity | 10.41B | — |
Shares outstanding | 599.74M | — |
Price to book | 1.80 | — |
Return on assets | 0.13% | — |
Return on capital | 0.24% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 67.00M | -65.28% |
Cash from operations | 113.00M | -81.66% |
Cash from investing | 458.00M | 815.62% |
Cash from financing | -210.00M | 1.41% |
Net change in cash | 361.00M | 6.49% |
Free cash flow | -536.88M | -17.51% |
About
Southwest Airlines Co. is a major airline in the United States that operates on a low-cost carrier model. It is headquartered in Love Field, Dallas, in the Dallas–Fort Worth metroplex, and has scheduled service to 121 destinations in the United States and ten other countries. As of 2018, Southwest carried more domestic passengers than any other United States airline. It is currently the third largest airline in the world based on passengers flown.
The airline was established on March 9, 1967, by Herb Kelleher and Rollin King as Air Southwest Co. and adopted its current name, Southwest Airlines Co., in 1971, when it began operating as an intrastate airline wholly within the state of Texas, first flying between Dallas, Houston, and San Antonio. It began regional interstate service in 1979, expanding nationwide in the following decades. Southwest currently serves airports in 42 states and multiple Central American destinations.
Southwest's business model is distinct from that of other US airlines. It uses a rolling hub and point-to-point network and allows free checked baggage. Its fleet exclusively consists of Boeing 737 jets. Wikipedia
Founded
1966
Headquarters
Website
Employees
73,463