In 2024, Southwest Airlines Co. recorded a net income of 465 million U.S. dollars. This was the same amount as the previous year's net income. The highest net income was recorded in 2017 with over 3.3 billion U.S. dollars.
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Southwest Airlines Co.'s annual net income per employee was $6.42 K in fiscal year 2024. The net income per employeeincreased$202.14from $6.22 K(in 2023) to $6.42 K (in 2024), representing a 3.25% year-over-year growth.
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Southwest Airlines reported $213M in Net Income for its fiscal quarter ending in June of 2025. Data for Southwest Airlines | LUV - Net Income including historical, tables and charts were last updated by Trading Economics this last August in 2025.
Southwest Airlines Co.'s recorded a loss of *** billion US dollars in 2020. In the following two years, the airline recorded the airline recorded operating profits of *** billion in 2021 before decreasing again in the following years. In 2024, the airline's operating income *** million U.S. dollars.
In 2024, Southwest Airlines Co. generated approximately **** billion U.S. dollars in revenue. This marked an increase of *** percent compared to the previous year. Over the given period, the airline saw incremental increases since 2010, before declining severely when the coronavirus pandemic started. Revenue then went on to increase to greater values than pre-pandemic levels. Southwest Airlines' financial metrics Southwest Airlines Co. brings in more operating revenue than it pays in operating expenses, an indication of the financial stability for the company. The airline held total assets at **** billion U.S. dollars in 2023, roughly ** billion U.S. dollars more than the 2010 level. Southwest Airlines was one of the top ten largest airlines in the North America, in terms of operating revenue in 2022. Customer experience with Southwest As one of the largest low-cost carriers in the world, Southwest faces a trade-off of cost-effectiveness with customer contentment. In 2023, customers had a satisfaction index score of ** for the airline. About ***** percent of Southwest's flights were on time in 2022, placing the airline in the center of ranked airlines. The company had a rate of 5.4 mishandled bags per 1,000 passengers in that same year, standing close to the middle amongst its competitors.
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Southwest Airlines reported $245M in Operating Profit for its fiscal quarter ending in June of 2025. Data for Southwest Airlines | LUV - Operating Profit including historical, tables and charts were last updated by Trading Economics this last August in 2025.
In 2024, Southwest Airlines generated roughly **** billion U.S. dollars in operating revenue, an almost five percent increase compared to the values recorded in 2023. The majority of operating revenues were generated in the passenger segment, which accounted for nearly ** percent of total operating revenues.
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Southwest Airlines income taxes for the twelve months ending March 31, 2025 were $157M, a 6.8% increase year-over-year. Southwest Airlines annual income taxes for 2024 were $0.133B, a 20.83% decline from 2023. Southwest Airlines annual income taxes for 2023 were $0.168B, a 11.11% decline from 2022. Southwest Airlines annual income taxes for 2022 were $0.189B, a 45.69% decline from 2021.
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Southwest Airlines Net Gelir - Akım değerleri, tarihsel veriler, tahminler, istatistikler, grafikler ve ekonomik takvim - Jul 2025.Data for Southwest Airlines | Net Gelir including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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Net-Interest-Income Time Series for Southwest Airlines Company. Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2024, the company operated a total fleet of 803 Boeing 737 aircraft; and served 117 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten 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; 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. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.
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Southwest Airlines reported $1.68B in Gross Profit on Sales for its fiscal quarter ending in June of 2025. Data for Southwest Airlines | LUV - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last August in 2025.
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Southwest Airlines Revenu Net - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Jul 2025.Data for Southwest Airlines | Revenu Net including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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Southwest Airlines Nettoeinkommen - Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Aug 2025.Data for Southwest Airlines | Nettoeinkommen including historical, tables and charts were last updated by Trading Economics this last August in 2025.
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Southwest Airlines Dochód Netto - Aktualne wartości, dane historyczne, prognozy, statystyki, wykresy i kalendarz ekonomiczny - Aug 2025.Data for Southwest Airlines | Dochód Netto including historical, tables and charts were last updated by Trading Economics this last August in 2025.
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Southwest Airlines reported $300M in Pre-Tax Profit for its fiscal quarter ending in June of 2025. Data for Southwest Airlines | LUV - Pre Tax Profit including historical, tables and charts were last updated by Trading Economics this last August in 2025.
This statistic illustrates the profit per passenger of the leading airlines in the United States in 2017. In that year, Southwest Airlines reported a profit of 22 U.S. dollars for each passenger boarded on its flights.
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Southwest Airlines Reddito Netto - Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Jul 2025.Data for Southwest Airlines | Reddito Netto including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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Southwest Airlines Resultado Líquido - Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Jul 2025.Data for Southwest Airlines | Resultado Líquido including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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Southwest Airlines 净收入 - 当前值,历史数据,预测,统计,图表和经济日历 - Jul 2025.Data for Southwest Airlines | 净收入 including historical, tables and charts were last updated by Trading Economics this last July in 2025.
In 2022, Southwest generated the highest revenue compared to the selected low cost airlines, amounting to **** billion U.S. dollars. Ryanair achieved the second-largest revenue of **** billion U.S. dollars that year. Despite the dominance of American and European companies in the low cost carrier market, AirAsia was able to catch its rivals in 2022 by generating revenue of *** billion U.S. dollars. Business model of Low-cost carriers A low-cost carrier (LCC) is an airline that doesn't provide the regular services normally added to the ticket, thereby offering cheaper prices with fewer amenities. A LCC has the ability to generate additional revenue by charging for optional checked bags, seat preferences, or onboard retail services, which are commonly referred to as ancillary services. The global airline sector generated a total of ***** billion dollars in ancillary revenue in 2022. Punctuality in the global LCC market In 2022, Eurowings was the most punctual airline out of all the low-cost airlines, with a score of ** percent. Eurowings is a company owned by Lufthansa that has been flying short and medium-haul distances in Europe since 2011.
In 2024, Southwest Airlines Co. recorded a net income of 465 million U.S. dollars. This was the same amount as the previous year's net income. The highest net income was recorded in 2017 with over 3.3 billion U.S. dollars.