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Southwest Airlines (LUV)
NYSE:LUV

Southwest Airlines (LUV) Income Statement

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Southwest Airlines Income Statement

Last quarter (Q4 2023), Southwest Airlines's total revenue was $6.82B, an increase of 10.55% from the same quarter last year. In Q4, Southwest Airlines's net income was $-252.00M. See Southwest Airlines’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 26.09B$ 26.09B$ 23.81B$ 15.79B$ 9.05B$ 22.43B
Cost of Revenue
$ 18.23B$ 20.35B$ -19.06B$ 3.93B$ 10.94B$ 16.45B
Gross Profit
$ 7.86B$ 5.75B$ 4.75B$ 11.86B$ -1.89B$ 5.98B
Operating Expense
$ 18.39B$ 25.87B$ -3.73B$ 10.14B$ 1.93B$ 3.03B
Operating Income
$ 224.00M$ 224.00M$ 1.02B$ 1.72B$ -3.82B$ 2.96B
Net Non Operating Interest Income Expense
$ 583.00M$ 583.00M$ -84.00M$ 13.00M$ -282.00M$ 8.00M
Other Income Expense
$ -62.00M$ -62.00M$ 205.00M$ -22.00M$ -158.00M$ -8.00M
Pretax Income
$ 633.00M$ 633.00M$ 728.00M$ 1.32B$ -4.26B$ 2.96B
Tax Provision
$ 168.00M$ 168.00M$ 189.00M$ 348.00M$ -1.18B$ 657.00M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 465.00M$ 465.00M$ 561.00M$ 977.00M$ -3.07B$ 2.30B
Basic EPS
$ 0.78$ 0.78$ 0.91$ 1.65$ -5.44$ 4.28
Diluted EPS
$ 0.75$ 0.76$ 0.87$ 1.61$ -5.44$ 4.27
Basic Average Shares
$ 2.38B$ 595.00M$ 593.00M$ 592.00M$ 565.00M$ 538.00M
Diluted Average Shares
$ 2.56B$ 640.00M$ 642.00M$ 609.00M$ 565.00M$ 539.00M
Dividend Per Share
$ 0.54$ 0.18$ 0.18-$ 0.18$ 0.70
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
----$ -6.22$ 4.27
Rent Expense Supplemental
----$ 1.24B$ 1.36B
Total Expenses
$ 36.62B$ 46.21B$ 40.51B$ 14.07B$ 12.86B$ 19.47B
Interest Expense
----$ 314.00M$ 82.00M
Net Income From Continuing And Discontinued Operation
$ 465.00M$ 465.00M$ 539.00M$ 977.00M$ -3.07B$ 2.30B
Normalized Income
$ 569.17M$ 500.07M$ 603.12M-$ -3.00B$ 2.30B
Ebit
$ 869.00M$ 869.00M$ 1.03B$ 1.76B$ -3.94B$ 3.04B
Ebitda
$ 2.39B$ 2.39B$ 2.38B$ 3.03B$ -2.69B$ 4.26B
Currency in USD

Southwest Airlines Earnings and Revenue History

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