LUV
Southwest Airlines Co.
Stock
$42.47+0.63 (+1.51%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.1B | $28.1B | $27.5B | $26.1B | $23.8B | $15.8B | $9.0B | $22.4B | $22.0B | $21.2B | $20.4B | $19.8B | $18.6B | $17.7B | $17.1B | $15.7B | $12.1B | $10.4B | $11.0B | $9.9B |
| Operating income | $1.0B | $428M | $321M | $224M | $1.0B | $1.7B | −$3.8B | $3.0B | $3.2B | $3.4B | $3.5B | $4.1B | $2.2B | $1.3B | $623M | $693M | $988M | $262M | $449M | $791M |
| Non-operating income | $26M | $135M | $277M | $409M | −$289M | −$396M | −$440M | $0 | −$42M | −$142M | −$72M | −$637M | −$409M | −$69M | $62M | −$370M | −$243M | −$98M | −$171M | $267M |
| Pretax income | $1.1B | $563M | $598M | $633M | $728M | $1.3B | −$4.3B | $3.0B | $3.2B | $3.3B | $3.5B | $3.5B | $1.8B | $1.2B | $685M | $323M | $745M | $164M | $278M | $1.1B |
| Taxes | $230M | $122M | $133M | $168M | $189M | $348M | −$1.2B | $657M | $699M | −$92M | $1.3B | $1.3B | $680M | $455M | $264M | $145M | $286M | $65M | $100M | $413M |
| Net income | $837M | $441M | $465M | $465M | $539M | $977M | −$3.1B | $2.3B | $2.5B | $3.4B | $2.2B | $2.2B | $1.1B | $754M | $421M | $178M | $459M | $99M | $178M | $645M |
| Diluted EPS | $1.58 | $0.79 | $0.76 | $0.76 | $0.87 | $1.61 | −$5.44 | $4.27 | $4.29 | $5.57 | $3.45 | $3.27 | $1.64 | $1.05 | $0.56 | $0.23 | $0.61 | $0.13 | $0.24 | $0.84 |
| Diluted shares | — | 558.0M | 643.0M | 640.0M | 642.0M | 609.0M | 565.0M | 539.0M | 574.0M | 603.0M | 633.0M | 669.0M | 696.0M | 718.0M | 757.0M | 775.0M | 747.0M | 741.0M | 739.0M | 768.0M |
| Revenue growth | — | +2.1% | +5.3% | +9.6% | +50.8% | +74.5% | −59.7% | +2.1% | +3.8% | +3.7% | +3.1% | +6.5% | +5.1% | +3.6% | +9.1% | +29.4% | +16.9% | −6.1% | +11.8% | — |
| Operating margin | 3.5% | 1.5% | 1.2% | 0.9% | 4.3% | 10.9% | −42.2% | 13.2% | 14.6% | 16.1% | 17.2% | 20.8% | 12.0% | 7.2% | 3.6% | 4.4% | 8.2% | 2.5% | 4.1% | 8.0% |
| Net margin | 2.8% | 1.6% | 1.7% | 1.8% | 2.3% | 6.2% | −34.0% | 10.3% | 11.2% | 15.9% | 10.7% | 11.0% | 6.1% | 4.3% | 2.5% | 1.1% | 3.8% | 1.0% | 1.6% | 6.5% |