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Southwest Airlines Co (MEX:LUV) Cyclically Adjusted Revenue per Share : MXN793.71 (As of Sep. 2024)


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What is Southwest Airlines Co Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Southwest Airlines Co's adjusted revenue per share for the three months ended in Sep. 2024 was MXN225.079. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN793.71 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Southwest Airlines Co's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Southwest Airlines Co was 14.80% per year. The lowest was 5.70% per year. And the median was 10.90% per year.

As of today (2025-01-18), Southwest Airlines Co's current stock price is MXN668.99. Southwest Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MXN793.71. Southwest Airlines Co's Cyclically Adjusted PS Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southwest Airlines Co was 2.68. The lowest was 0.58. And the median was 1.75.


Southwest Airlines Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southwest Airlines Co's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 592.10 614.81 684.24 701.93 666.35

Southwest Airlines Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial 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 673.46 666.35 645.64 724.41 793.71

Competitive Comparison of Southwest Airlines Co's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Southwest Airlines Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Southwest Airlines Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Cyclically Adjusted PS Ratio falls into.



Southwest Airlines Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Southwest Airlines Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=225.079/133.0289*133.0289
=225.079

Current CPI (Sep. 2024) = 133.0289.

Southwest Airlines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 99.364 99.070 133.424
201503 98.668 99.621 131.756
201506 119.157 100.684 157.437
201509 135.541 100.392 179.606
201512 130.258 99.792 173.641
201603 128.202 100.470 169.747
201606 155.820 101.688 203.845
201609 158.984 101.861 207.631
201612 164.769 101.863 215.182
201703 148.853 102.862 192.508
201706 171.229 103.349 220.403
201709 160.935 104.136 205.588
201712 173.846 104.011 222.347
201803 152.756 105.290 193.001
201806 194.866 106.317 243.826
201809 183.270 106.507 228.908
201812 200.354 105.998 251.447
201903 180.943 107.251 224.434
201906 209.420 108.070 257.787
201909 208.474 108.329 256.007
201912 205.062 108.420 251.606
202003 192.774 108.902 235.484
202006 41.326 108.767 50.544
202009 67.134 109.815 81.326
202012 82.055 109.897 99.327
202103 68.875 111.754 81.987
202106 129.729 114.631 150.550
202109 158.500 115.734 182.185
202112 170.984 117.630 193.368
202203 157.875 121.301 173.139
202206 213.156 125.017 226.817
202209 195.799 125.227 207.999
202212 188.309 125.222 200.049
202303 173.149 127.348 180.873
202306 188.798 128.729 195.105
202309 177.591 129.860 181.925
202312 180.117 129.419 185.140
202403 175.943 131.776 177.616
202406 209.527 132.554 210.278
202409 225.079 133.029 225.079

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Southwest Airlines Co  (MEX:LUV) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Southwest Airlines Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=668.99/793.71
=0.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southwest Airlines Co was 2.68. The lowest was 0.58. And the median was 1.75.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Southwest Airlines Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Southwest Airlines Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Southwest Airlines Co Business Description

Industry
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 nearly 800 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 operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.