Southwest Net Income from 2010 to 2024

LUV Stock  USD 31.78  0.52  1.66%   
Southwest Airlines Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Southwest Airlines Net Income regression line of quarterly data had r-squared of  0 and coefficient of variation of  154.67. View All Fundamentals
 
Net Income  
First Reported
1985-09-30
Previous Quarter
367 M
Current Value
68 M
Quarterly Volatility
297.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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' Net Income Growth Pattern

Below is the plot of the Net Income of Southwest Airlines over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Southwest Airlines financial statement analysis. It represents the amount of money remaining after all of Southwest Airlines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Southwest Airlines' Net Income 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.
ViewLast Reported 465 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Southwest Net Income Regression Statistics

Arithmetic Mean980,909,594
Coefficient Of Variation154.67
Mean Deviation1,057,138,992
Median754,000,000
Standard Deviation1,517,133,296
Sample Variance2301693.4T
Range6.6B
R-Value(0.05)
Mean Square Error2471455.6T
R-Squared0
Significance0.85
Slope(18,398,902)
Total Sum of Squares32223708.1T

Southwest Net Income History

2024592.3 M
2023465 M
2022539 M
2021977 M
2020-3.1 B
20192.3 B
20182.5 B

Other Fundumenentals of Southwest Airlines

Southwest Airlines Net Income component correlations

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' Net Income, 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
Net Income465 M653.7 M
Net Income Applicable To Common Shares619.9 M869.2 M
Net Income From Continuing Ops497 M472.1 M
Net Income Per Share 0.78  0.65 
Net Income Per E B T 0.73  0.53 

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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.