Southwest Fixed Asset Turnover from 2010 to 2024

LUV Stock  USD 32.36  0.40  1.25%   
Southwest Airlines Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.81 in 2024. During the period from 2010 to 2024, Southwest Airlines Fixed Asset Turnover regression line of quarterly data had mean square error of  0.06 and geometric mean of  1.09. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.26667638
Current Value
0.81
Quarterly Volatility
0.24628972
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
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Latest Southwest Airlines' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Southwest Airlines over the last few years. It is Southwest Airlines' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Southwest Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.12
Geometric Mean1.09
Coefficient Of Variation21.99
Mean Deviation0.19
Median1.22
Standard Deviation0.25
Sample Variance0.06
Range0.828
R-Value(0.27)
Mean Square Error0.06
R-Squared0.07
Significance0.33
Slope(0.02)
Total Sum of Squares0.85

Southwest Fixed Asset Turnover History

2024 0.81
2021 0.96
2020 0.51
2019 1.22
2018 1.12
2017 1.14
2016 1.2

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.27  0.81 

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Additional Tools for Southwest Stock Analysis

When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.