LUV
Southwest Airlin (LUV)
NYSE
$49.36+$0.78 (+1.62%)
Price as of Jun 23, 2026 5:23 PM EDT
  • $23.7B
    Market Cap
  • 55.21%
    1-Year Change
  • Airlines
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
25.5B
-7.09%
27.5B
+5.34%
26.1B
+9.56%
23.8B
+50.82%
Cost of Revenue
27.6B
+1.74%
27.2B
+5.01%
25.9B
+13.47%
22.8B
+62.04%
Gross Profit
-2.1B
-754.21%
321.0M
+43.30%
224.0M
-77.97%
1.0B
-40.91%
Sales and Marketing Expense
332.0M
-4.05%
346.0M
+30.08%
266.0M
+18.75%
224.0M
+21.08%
Research and Development Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Depreciation and Amortization Expense
1.6B
-5.85%
1.7B
+8.87%
1.5B
+12.66%
1.4B
+6.21%
Total Operating Expenses
32.1B
+2.56%
31.3B
+4.80%
29.9B
+12.57%
26.5B
+61.16%
Operating Profit
428.0M
+33.33%
321.0M
+43.30%
224.0M
-77.97%
1.0B
-40.91%
Interest Income
205.0M
-58.75%
497.0M
-14.75%
583.0M
+168.66%
217.0M
+1,569.23%
Interest Expense
-10.0M
-66.67%
-30.0M
0.00%
-30.0M
-11.76%
-34.0M
-69.09%
Interest Income and Expense and Net
195.0M
-58.24%
467.0M
-15.55%
553.0M
+202.19%
183.0M
+288.66%
Total Nonoperating Income and Expense
135.0M
-51.26%
277.0M
-32.27%
409.0M
+241.52%
-289.0M
-27.02%
Income before Taxes
563.0M
-5.85%
598.0M
-5.53%
633.0M
-13.05%
728.0M
-45.06%
Income Taxes
122.0M
-8.27%
133.0M
-20.83%
168.0M
-11.11%
189.0M
-45.69%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
441.0M
-5.16%
465.0M
0.00%
465.0M
-13.73%
539.0M
-44.83%
Net Income from Continuing Operations Applicable to Common
563.0M
-5.85%
598.0M
-5.53%
633.0M
-13.05%
728.0M
-45.06%
Basic EPS and Net Income
0.82
+5.13%
0.78
0.00%
0.78
-14.29%
0.91
-44.85%
Diluted EPS and Net Income
0.79
+3.95%
0.76
0.00%
0.76
-12.64%
0.87
-45.96%
Basic Weighted Average Shares
540.0M
-9.70%
598.0M
+0.50%
595.0M
+0.34%
593.0M
+0.17%
Diluted Weighted Average Shares
558.0M
-13.22%
643.0M
+0.47%
640.0M
-0.31%
642.0M
+5.42%
Balance Sheet
Cash and Cash Equivalents
3.2B
-56.97%
7.5B
-19.15%
9.3B
-2.15%
9.5B
-23.94%
Short-Term Investments
0
-100.00%
1.2B
-44.37%
2.2B
-21.93%
2.8B
-7.41%
Cash and Cash Equivalents and Short-Term Investments
3.2B
-62.97%
8.7B
-23.96%
11.5B
-6.65%
12.3B
-20.72%
Total Current Assets
5.6B
-49.93%
11.3B
-19.21%
14.0B
-5.76%
14.8B
-17.90%
Accumulated Depreciation
15.7B
+5.43%
14.9B
+3.10%
14.4B
+5.87%
13.6B
+7.15%
Property and Plant and Equipment and Net
20.2B
+6.24%
19.1B
-1.65%
19.4B
+11.72%
17.3B
+16.84%
Total Long-Term Assets
1.1B
+2.87%
1.1B
+12.14%
964.0M
+12.75%
855.0M
-3.06%
Total Assets
29.1B
-13.89%
33.8B
-7.50%
36.5B
+3.16%
35.4B
-2.62%
Income Taxes Payable
2.3B
+5.63%
2.2B
+6.02%
2.0B
+2.97%
2.0B
+12.15%
Total Short-Term Debt
324.0M
-80.12%
1.6B
+5,520.69%
29.0M
-30.95%
42.0M
-90.73%
Total Current Liabilities
10.9B
-11.04%
12.3B
+0.16%
12.3B
+18.10%
10.4B
+13.25%
Total Long-Term Debt
4.6B
-9.71%
5.1B
-36.46%
8.0B
-0.85%
8.0B
-21.69%
Total Long-Term Liabilities
1.3B
+43.67%
909.0M
-7.34%
981.0M
+1.24%
969.0M
-20.83%
Total Liabilities
11.7B
-12.16%
13.3B
+0.50%
13.2B
+15.18%
11.5B
+9.71%
Retained Earnings
16.4B
+0.34%
16.3B
+0.21%
16.3B
+0.22%
16.3B
+3.09%
Total Stockholders Equity
8.0B
-22.89%
10.3B
-1.57%
10.5B
-1.61%
10.7B
+2.62%
Total Shares Outstanding
888.1M
0.00%
888.1M
0.00%
888.1M
0.00%
888.1M
0.00%
Cash Flow
Cash from Operating Activities
1.8B
+298.70%
462.0M
-85.40%
3.2B
-16.52%
3.8B
+63.22%
Capital Expenditures
2.7B
+30.14%
2.1B
-41.65%
3.5B
-10.30%
3.9B
+677.03%
Cash from Investing Activities
-1.4B
+447.51%
-261.0M
-91.10%
-2.9B
-21.73%
-3.7B
+196.36%
Dividends Paid
399.0M
-7.21%
430.0M
+0.47%
428.0M
N/A
0
N/A
Cash from Financing Activities
-4.7B
+136.92%
-2.0B
+354.13%
-436.0M
-85.62%
-3.0B
-944.57%
Financials Ratio
Gross Margin
-8.22%
-804.11%
1.17%
+36.05%
0.86%
-79.90%
4.27%
-60.82%
Operating Margin
1.68%
+43.50%
1.17%
+36.05%
0.86%
-79.90%
4.27%
-60.82%
Return on Assets
1.40%
+6.05%
1.32%
+2.30%
1.29%
-13.93%
1.50%
-45.43%
Return on Equity
4.81%
+7.95%
4.46%
+1.61%
4.39%
-14.14%
5.11%
-49.57%
Revenue Growth
-7.09%
-232.85%
5.34%
-44.20%
9.56%
-81.18%
50.82%
-31.80%
Current Ratio
0.52
-43.72%
0.92
-19.34%
1.14
-20.20%
1.43
-27.50%
Cash Ratio
0.30
-51.63%
0.61
-19.28%
0.76
-17.14%
0.91
-32.84%
Debt-to-Equity Ratio
0.61
-5.11%
0.65
-15.01%
0.76
+0.62%
0.76
-26.53%
Debt-to-Assets Ratio
0.17
-15.06%
0.20
-9.53%
0.22
-4.07%
0.23
-22.55%

Earnings & Revenue History

Debt-to-Assets

Cash Flow