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Southwest Airlines Co (NYSE:LUV)
Pretax Income
$2,526 Mil (TTM As of Jun. 2015)

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 Jun. 2015 was $977 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2015 was $2,526 Mil. Southwest Airlines Co's pretax margin was 19.12%.

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 18.02%. The lowest was 1.58%. And the median was 9.89%.


Definition

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. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2225+-309+-107+7+0
=1,816

Southwest Airlines Co's Pretax Income for the quarter that ended in Jun. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1085+-88+-22+2+0
=977

Southwest Airlines Co Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2015 was 525 (Sep. 2014 ) + 301 (Dec. 2014 ) + 723 (Mar. 2015 ) + 977 (Jun. 2015 ) = $2,526 Mil.

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


Explanation

Southwest Airlines Co's Pretax Margin for the quarter that ended in Jun. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=977/5111
=19.12%

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 18.02%. The lowest was 1.58%. And the median was 9.89%.

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


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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
Pretax Income 7797901,0582781647453236851,2091,816

Southwest Airlines Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Pretax Income 94363419333244746525301723977
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