Southwest Airlines financials at a glance
| Year | Year | 2020 | 2021 | 2022 | 2023 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rev. | Revenue |
|
$9.05B | $15.79B | $23.81B | $26.09B | $6.53B | $7.58B | $9.09B | $9.86B | $11.02B | $10.35B | $12.10B | $15.66B | $17.09B | $17.70B | $18.61B | $19.65B | $20.29B | $21.15B | $21.97B | $22.43B | $0.00M |
| GM % | Gross Margin % |
|
-20.72% | 16.24% | 25.09% | 23.36% | 28.99% | 31.62% | 28.93% | 26.63% | 22.07% | 24.18% | 26.55% | 21.85% | 21.78% | 25.09% | 29.73% | 36.90% | 36.33% | 34.60% | 32.98% | 31.30% | 0.00% |
| OM | Operating Margin |
|
-55.71% | -4.86% | 4.61% | 3.37% | 5.62% | 9.56% | 10.28% | 8.02% | 4.07% | 5.31% | 9.65% | 5.28% | 4.90% | 8.18% | 12.84% | 20.14% | 18.88% | 15.86% | 14.36% | 13.14% | 0.00% |
| EPS | Earnings Per Share |
|
$0.60 | $0.71 | $0.61 | $0.40 | $0.19 | $0.74 | $0.43 | $0.56 | $1.12 | $2.01 | $3.52 | $3.75 | $3.50 | $4.24 | $4.27 | $-6.22 | $-2.15 | $1.16 | $1.57 | $0.00 | |
| Div. | Dividends |
|
$0.18 | $0.00 | $0.00 | $0.72 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.13 | $0.22 | $0.29 | $0.38 | $0.48 | $0.61 | $0.70 | $0.00 |
| PR % | Payout Ratio % |
|
-2.89% | -0.00% | 0.00% | 45.86% | 5.26% | 3.33% | 2.82% | 3.28% | 5.00% | 10.53% | 2.70% | 4.65% | 5.36% | 11.61% | 10.95% | 8.24% | 10.13% | 13.71% | 14.39% | 16.39% | 0 |
| Sha. | Shares |
|
589.39m | 590.27m | 591.92m | 0m | 779.58m | 792.73m | 791.83m | 734.04m | 739.72m | 741.94m | 747.1m | 778.52m | 737.98m | 696.72m | 678.74m | 650.36m | 615.6m | 593.39m | 562.31m | 526.28m | 596.12m |
| OCF | Operating Cash Flow |
|
$-1127.00M | $2.32B | $3.79B | $3.16B | $1.07B | $2.12B | $1.41B | $2.85B | $-1521.00M | $985.00M | $1.56B | $1.36B | $2.06B | $2.48B | $2.90B | $3.24B | $4.29B | $3.93B | $4.89B | $3.99B | $0.00M |
| FCF | Free Cash Flow |
|
$-1642.00M | $1.82B | $-134.00M | $-723.95M | $-641.00M | $908.00M | $7.00M | $1.51B | $-2444.00M | $400.00M | $1.07B | $417.00M | $716.00M | $1.04B | $1.15B | $1.20B | $2.26B | $1.81B | $2.97B | $2.96B | $0.00M |
| FCFS | Free Cash Flow Per Share |
|
$-2.91 | $3.06 | $-0.26 | $-0.65 | $-0.86 | $1.22 | $0.01 | $2.00 | $-3.33 | $0.54 | $1.43 | $0.50 | $0.95 | $1.45 | $1.56 | $1.66 | $3.42 | $2.80 | $5.09 | $5.50 | $0.00 |