Switch to:
Southwest Airlines Co (NYSE:LUV)
Non-Recurring Items
$-394 Mil (TTM As of Mar. 2015)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Southwest Airlines Co's non-recurring items for the three months ended in Mar. 2015 was $-32 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $-394 Mil.

As of today, Southwest Airlines Co's share price is $36.20. Southwest Airlines Co's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $2.09. Therefore, Southwest Airlines Co's P/E (NRI) ratio for today is 17.32.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Southwest Airlines Co Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2015 was -3 (Jun. 2014 ) + -66 (Sep. 2014 ) + -293 (Dec. 2014 ) + -32 (Mar. 2015 ) = $-394 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Southwest Airlines Co's P/E (NRI) Ratio for today is calculated as

Southwest Airlines Co's Share Price of today is $36.20.
Southwest Airlines Co's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2015 was 0.67 (Jun. 2014 ) + 0.48 (Sep. 2014 ) + 0.28 (Dec. 2014 ) + 0.66 (Mar. 2015 ) = $2.09.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Southwest Airlines Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income 21188292-9254-106-19818132-309

Southwest Airlines Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Non Operating Income 6246-4759-2653-3-66-293-32
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK