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Southwest Airlines Co (Southwest Airlines Co) Pre-Tax Income

: $632 Mil (TTM As of Dec. 2023)
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Pretax income is the income that a company earns before paying income taxes. Southwest Airlines Co's pretax income for the three months ended in Dec. 2023 was $-286 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $632 Mil. Southwest Airlines Co's pretax margin was -4.19%.

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 17.55%. The lowest was -47.04%. And the median was 11.47%.


Southwest Airlines Co Pre-Tax Income Historical Data

The historical data trend for Southwest Airlines Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,957.00 -4,256.00 1,325.00 728.00 633.00

Southwest Airlines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -285.00 -205.00 886.00 237.00 -286.00

Competitive Comparison

For the Airlines subindustry, Southwest Airlines Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Airlines Co Pre-Tax Income Distribution

For the Transportation industry and Industrials sector, Southwest Airlines Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Pre-Tax Income falls into.



Southwest Airlines Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Southwest Airlines Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=224+62+-236+583+0
=633

Southwest Airlines Co's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-404+18+-58+158+0
=-286

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $632 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southwest Airlines Co  (NYSE:LUV) Pre-Tax Income Explanation

Southwest Airlines Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-286/6823
=-4.19%

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 17.55%. The lowest was -47.04%. And the median was 11.47%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southwest Airlines Co Pre-Tax Income Related Terms

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Southwest Airlines Co (Southwest Airlines Co) Business Description

Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
Executives
Roy Blunt director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Elaine Mendoza director 2223 POSTOAK COURT, SAN ANTONIO TX 78248
Eduardo F Conrado director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Ryan C. Green officer: EVP, Chief Commercial Officer 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Jill A. Soltau director 123 SOUTH FRONT STREET, MEMPHIS TN 38103
John T Montford director C/O SOUTHWEST AIRLINES CO, 2702 LOVE FIELD DR PO BOX 36611, DALLAS TX 75235-1611
Christopher P. Reynolds director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Thomas W. Gilligan director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Linda B. Rutherford officer: EVP People and Communications 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Robert E Jordan officer: EVP - Strategy and Planning C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Gregory D Wells officer: EVP, Daily Operations 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Alan Kasher officer: EVP Daily Operations 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Mark R Shaw officer: SVP,Gen Counsel,Corp.Secretary 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Tammy Romo officer: SR VP Finance & CFO C/O SOUTHWEST AIRINES CO., 2702 LOVE FIELD DR., DALLAS TX 75235

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