LUV Stock Annual Income Statement. Download in Excel
Southwest Airlines Company
LUV 
NYE
Sector: Industrials
Industry: Airlines
32.78
USD
0.31
(0.95%)
Previous close: 32.47 Open: 32.78 Bid: 32.8 Ask: 32.85
52 week range
23.58 36.12
Mkt Cap: 19,677 M Avg Vol (90 Days): 7,588,544
Last updated: Friday 20th December 2024
Financials
LUV Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AcquiredInProcessRnD | -172 M | |||||||||
| AcquiredInProcessRnDIncome | 172 M | |||||||||
| Amortization of intangibles | 15 M | |||||||||
| Basic EPS from continuing operations | 1.65 | 3.3 | 3.58 | 5.8 | 4.3 | 4.28 | -5.44 | 1.65 | 0.91 | 0.78 |
| Basic EPS total | 1.65 | 3.3 | 3.58 | 5.58 | 4.3 | 4.28 | -5.44 | 1.65 | 0.91 | 0.78 |
| Basic weighted shares outstanding | 687 M | 661 M | 627 M | 601 M | 573 M | 538 M | 565 M | 592 M | 593 M | 595 M |
| Cost of sales | 8,320 M | 6,802 M | 7,124 M | 7,587 M | 8,258 M | 15,226 M | 10,938 M | 11,675 M | 19,062 M | 21,868 M |
| Depreciation | -938 M | -1,015 M | -1,221 M | -1,218 M | -1,201 M | 1,219 M | 1,255 M | 1,272 M | 1,351 M | 1,522 M |
| Depreciation unreconciled | -951 M | -1,034 M | -1,238 M | -1,231 M | -1,217 M | 1,219 M | 1,255 M | 1,272 M | 1,351 M | 1,522 M |
| Diluted EPS total | 1.64 | 3.27 | 3.55 | 5.57 | 4.29 | 4.27 | -5.44 | 1.61 | 0.87 | 0.76 |
| Diluted normalized net income/share | 1.64 | 3.27 | 3.55 | 5.79 | 4.29 | 4.27 | -5.44 | 1.61 | 0.87 | 0.76 |
| Diluted weighted shares outstanding | 696 M | 669 M | 633 M | 603 M | 574 M | 539 M | 565 M | 609 M | 642 M | 640 M |
| Dividends paid per share | 0.22 | 0.29 | 0.38 | 0.48 | 0.61 | 0.7 | 0.18 | 0.18 | 0.18 | |
| Fuel | 5,293 M | 3,616 M | 3,647 M | 4,076 M | 4,616 M | 4,347 M | 1,849 M | 3,310 M | 5,975 M | 6,217 M |
| GainOnSaleOfPPE | -32 M | |||||||||
| GeneralAndAdministrativeExpense | 295 M | 238 M | 229 M | -939 M | -935 M | |||||
| Gross operating profit | 10,285 M | 12,846 M | 13,301 M | 13,559 M | 13,707 M | 7,202 M | -1,890 M | 4,115 M | 4,752 M | 4,223 M |
| ImpairmentOfCapitalAssets | -21 M | 32 M | 12 M | 28 M | ||||||
| Income before tax | 1,816 M | 3,479 M | 3,547 M | 3,265 M | 3,164 M | 2,957 M | -4,256 M | 1,325 M | 728 M | 633 M |
| Income restructuring and M&A | 126 M | 39 M | ||||||||
| Income taxes | 680 M | 1,298 M | 1,303 M | -92 M | 699 M | 657 M | -1,182 M | 348 M | 189 M | 168 M |
| Interest income | 7 M | 9 M | 24 M | 35 M | 69 M | 90 M | 32 M | 13 M | 217 M | 583 M |
| InterestExpenseNonOperating | 130 M | 121 M | 122 M | 114 M | 131 M | 118 M | 314 M | 431 M | 301 M | 236 M |
| InterestExpenseOperating | -23 M | -31 M | -47 M | -49 M | -38 M | 82 M | 314 M | 431 M | 301 M | 236 M |
| MaintenanceAndRepairs | 978 M | 1,005 M | 1,045 M | 1,001 M | 1,107 M | 1,223 M | 750 M | 854 M | 852 M | 1,188 M |
| MiscOtherSpecialCharges | -309 M | -556 M | -162 M | -112 M | -18 M | -8 M | -158 M | 22 M | -205 M | 62 M |
| Net income from total operations | 1,136 M | 2,181 M | 2,244 M | 3,357 M | 2,465 M | 2,300 M | -3,074 M | 977 M | 539 M | 465 M |
| NetIncomeCommonStockholders | 1,136 M | 2,181 M | 2,244 M | 3,357 M | 2,465 M | 2,300 M | -3,074 M | 977 M | 561 M | 484 M |
| NetIncomeContinuousOperations | 1,136 M | 2,181 M | 2,244 M | 3,357 M | 2,465 M | 2,300 M | -3,074 M | 977 M | 539 M | 465 M |
| NetNonOperatingInterestIncomeExpense | -123 M | -112 M | -98 M | -79 M | -62 M | 90 M | 32 M | 13 M | 84 M | -347 M |
| NetOperatingInterestIncomeExpense | 23 M | 31 M | 47 M | 49 M | 38 M | -82 M | -314 M | -431 M | -301 M | -236 M |
| Normalized income | 2,336 M | -5,628 M | 500 M | |||||||
| Operating income | 2,351 M | 3,983 M | 3,760 M | 3,407 M | 3,206 M | 2,957 M | -3,816 M | 1,721 M | 1,017 M | 224 M |
| Operating income before depreciation (EBITDA) | 2,861 M | 4,584 M | 4,843 M | 4,548 M | 4,458 M | 4,258 M | -2,687 M | 3,028 M | 2,380 M | 2,391 M |
| OperatingExpense | 7,934 M | 8,863 M | 9,541 M | 10,152 M | 10,501 M | 19,471 M | 12,864 M | 14,069 M | 3,735 M | 3,999 M |
| Other income net | 309 M | 556 M | 162 M | 112 M | 18 M | 8 M | 158 M | -22 M | -205 M | 62 M |
| Other special charges | -222 M | |||||||||
| OtherCostofRevenue | 938 M | 1,015 M | 1,221 M | 1,218 M | 1,201 M | 8,293 M | 6,811 M | 7,743 M | 9,376 M | 11,152 M |
| OtherGandA | 295 M | 238 M | 229 M | -939 M | -935 M | |||||
| OtherOperatingExpenses | 2,205 M | 2,242 M | 2,514 M | 2,847 M | 2,852 M | 3,026 M | 2,893 M | 5,354 M | 3,735 M | 3,999 M |
| PromotionAndAdvertising | -207 M | -218 M | -232 M | -224 M | -215 M | 212 M | 156 M | 185 M | 224 M | 266 M |
| RentAndLandingFees | 295 M | 238 M | 229 M | -939 M | -935 M | |||||
| RestructringAndMnAIncome | 126 M | 39 M | ||||||||
| Revenue per share | -13 M | -19 M | -17 M | -13 M | -16 M | |||||
| SalariesAndWages | 5,434 M | 6,383 M | 6,798 M | 7,305 M | 7,649 M | -2 M | -2 M | -10 M | ||
| Selling Gen & administrative expense | 295 M | 238 M | 229 M | 198 M | ||||||
| SellingAndMarketingExpense | -207 M | -218 M | -232 M | -224 M | -215 M | 212 M | 156 M | 185 M | 224 M | 266 M |
| Special income/charges | -126 M | 133 M | 21 M | 190 M | -12 M | -28 M | ||||
| Total Income available for interest expense (EBIT) | 1,923 M | 3,569 M | 3,622 M | 3,330 M | 3,257 M | 3,039 M | -3,942 M | 1,756 M | 1,029 M | 869 M |
| Total common shares outstanding | 676 M | 638 M | 615 M | 588 M | 553 M | 517 M | 591 M | 592 M | 594 M | 597 M |
| Total net income | 1,136 M | 2,181 M | 2,244 M | 3,357 M | 2,465 M | 2,300 M | -3,074 M | 977 M | 539 M | 465 M |
| Total ordinary shares | 600 M | 600 M | 600 M | 600 M | 600 M | 600 M | 600 M | 600 M | 600 M | 600 M |
| Total revenues | 18,605 M | 19,648 M | 20,425 M | 21,146 M | 21,965 M | 22,428 M | 9,048 M | 15,790 M | 23,814 M | 26,091 M |
| TotalExpenses | 16,254 M | 15,665 M | 16,665 M | 17,739 M | 18,759 M | 34,697 M | 23,514 M | 27,432 M | 22,797 M | 25,867 M |
| TotalRevenue | 18,605 M | 19,648 M | 20,425 M | 21,146 M | 21,965 M | 22,428 M | 9,048 M | 15,790 M | 23,814 M | 26,091 M |
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