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Southwest Airlines Co (NYSE:LUV)
Non-Recurring Items
USD -297 Mil (TTM As of Sep. 2016)

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 Sep. 2016 was USD -64 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Sep. 2016 was USD -297 Mil.

As of today, Southwest Airlines Co's share price is USD 47.91. Southwest Airlines Co's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2016 was USD 3.51. Therefore, Southwest Airlines Co's P/E (NRI) ratio for today is 13.65.


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 Sep. 2016 was -162 (Dec. 2015 ) + -114 (Mar. 2016 ) + 43 (Jun. 2016 ) + -64 (Sep. 2016 ) = USD -297 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 USD 47.91.
Southwest Airlines Co's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Sep. 2016 was 0.82 (Dec. 2015 ) + 0.79 (Mar. 2016 ) + 1.28 (Jun. 2016 ) + 0.62 (Sep. 2016 ) = USD 3.51.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Southwest Airlines Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Non Operating Income -100342-9254-106-19818132-309-556

Southwest Airlines Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Non Operating Income -3-66-293-32-88-272-162-11443-64
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