Southwest Airlines Co.(LUV) Stock Research - Grey Stern Research
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Southwest Airlines Co. (LUV) Stock Analysis

$30.25 (2.28%)

LUV Financial Performance


Use the table below to view Southwest Airlines Co.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $29.57 -
52 Week Low $21.91 -
52 Week High $35.18 -
Market Cap $17.7 Billion 3/7
Gross Margin 21% 2/7
Profit Margin 5% 3/7
EBITDA margin 12% 4/7
Q2 - 2024 Revenue $7.4 Billion 4/7
Q2 - 2024 Earnings $367.0 Million 4/7
Q2 - 2024 Free Cash Flow -$525.0 Million 7/7
Trailing 4 Quarters Revenue $27.0 Billion 4/7
Trailing 4 Quarters Earnings $77.0 Million 4/7
Quarterly Earnings Growth -46% 4/7
Annual Earnings Growth -63% 3/7
Quarterly Revenue Growth 5% 4/7
Annual Revenue Growth 12% 2/7
Cash On Hand $7.8 Billion 2/7
Short Term Debt $3.1 Billion 4/7
Long Term Debt $5.1 Billion 5/7

Southwest Airlines Co. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Southwest Airlines Co.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 230.09 1/7
PS 0.66 1/7
PB 1.69 4/7
PC 2.26 3/7
Liabilities to Equity 2.40 6/7
ROA 0.00 4/7
ROE 0.01 3/7
Current Ratio 1.42 1/7
Quick Ratio 0.40 1/7
Long Term Debt to Equity 0.48 5/7
Debt to Equity 0.87 6/7
Burn Rate 12.69 2/7
Cash to Cap 0.44 4/7
CCR -1.43 7/7
EV to EBITDA 22.05 4/7
EV to Revenue 0.70 7/7

Company Details

Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.

CEO: Mr. Gary Kelly

Website: https://www.southwest.com

Address: 2702 Love Field Dr, PO Box 36611 Dallas, TEXAS

Exchange: New York Stock Exchange

Industry: Airlines

Southwest Airlines Co. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Southwest Airlines Co.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Delta Air Lines, Inc. DAL $31.2 Billion
JetBlue Airways Corporation JBLU $2.3 Billion
United Airlines Holdings, Inc. UAL $18.3 Billion
American Airlines Group Inc. AAL $7.1 Billion
Spirit Airlines, Inc. SAVE $254.1 Million
Frontier Group Holdings, Inc. ULCC $1.1 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
LUV Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 7.4 Billion $367.0 Million
Q1 2024 $ 6.3 Billion -$231.0 Million
Q4 2023 $ 6.8 Billion -$252.0 Million
Q3 2023 $ 6.5 Billion $193.0 Million
Q2 2023 $ 7.0 Billion $683.0 Million
Q1 2023 $ 5.7 Billion -$159.0 Million
Q4 2022 $ 6.2 Billion -$220.0 Million
Q3 2022 $ 6.2 Billion $277.0 Million

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LUV Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $7.8 Billion $35.6 Billion $9.1 Billion $10.5 Billion
Q1 2024 $8.4 Billion $36.0 Billion $9.2 Billion $10.2 Billion
Q4 2023 $9.3 Billion $25.7 Billion $9.2 Billion $10.5 Billion
Q3 2023 $9.5 Billion $37.0 Billion $9.3 Billion $11.1 Billion
Q2 2023 $9.2 Billion $36.5 Billion $9.3 Billion $10.8 Billion
Q1 2023 $8.4 Billion $35.5 Billion $9.4 Billion $10.3 Billion
Q4 2022 $9.5 Billion $35.4 Billion $9.4 Billion $10.7 Billion
Q3 2022 $10.4 Billion $25.6 Billion $10.1 Billion $10.9 Billion

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LUV Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 -$525.0 Million -$501.0 Million -$526.0 Million
Q1 2024 -$696.0 Million -$592.0 Million -$921.0 Million
Q4 2023 -$259.0 Million -$685.0 Million -$209.0 Million
Q3 2023 -$234.0 Million -$850.0 Million $339.0 Million
Q2 2023 $483.0 Million -$933.0 Million $799.0 Million
Q1 2023 -$346.0 Million -$1.1 Billion -$1.1 Billion
Q4 2022 -$785.0 Million -$1.4 Billion -$951.0 Million
Q3 2022 -$838.0 Million -$1.1 Billion -$2.8 Billion

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