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Southwest Airlines Co (NYSE:LUV)
Pretax Income
$3,573 Mil (TTM As of Mar. 2016)

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 Mar. 2016 was $816 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $3,573 Mil. Southwest Airlines Co's pretax margin was 16.91%.

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 17.55%. The lowest was 1.58%. And the median was 6.49%.


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. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=4116+-556+-90+9+0
=3,479

Southwest Airlines Co's Pretax Income for the quarter that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=944+-114+-19+5+0
=816

Southwest Airlines Co Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was 977 (Jun. 2015 ) + 933 (Sep. 2015 ) + 847 (Dec. 2015 ) + 816 (Mar. 2016 ) = $3,573 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 Mar. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=816/4826
=16.91%

During the past 13 years, Southwest Airlines Co's highest Pretax Margin was 17.55%. The lowest was 1.58%. And the median was 6.49%.

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 7901,0582781647453236851,2091,8163,479

Southwest Airlines Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 333244746525301723977933847816
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