Southwest Airlines Past Earnings Performance
Past criteria checks 4/6
Southwest Airlines's earnings have been declining at an average annual rate of -42.1%, while the Airlines industry saw earnings growing at 4.2% annually. Revenues have been declining at an average rate of 8% per year. Southwest Airlines's return on equity is 7.6%, and it has net margins of 3.6%.
Key information
-42.1%
Earnings growth rate
-41.5%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -8.0% |
| Return on equity | 7.6% |
| Net Margin | 3.6% |
| Next Earnings Update | 26 Jan 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Southwest Airlines makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 22 | 22,693 | 827 | 196 | 0 |
| 30 Jun 22 | 21,152 | 996 | 196 | 0 |
| 31 Mar 22 | 18,432 | 587 | 196 | 0 |
| 31 Dec 21 | 15,790 | 977 | 196 | 0 |
| 30 Sep 21 | 12,752 | 1 | 168 | 0 |
| 30 Jun 21 | 9,866 | -1,602 | 168 | 0 |
| 31 Mar 21 | 6,866 | -2,864 | 168 | 0 |
| 31 Dec 20 | 9,048 | -3,074 | 168 | 0 |
| 30 Sep 20 | 12,765 | -1,653 | 225 | 0 |
| 30 Jun 20 | 16,611 | 163 | 225 | 0 |
| 31 Mar 20 | 21,513 | 1,819 | 225 | 0 |
| 31 Dec 19 | 22,428 | 2,300 | 225 | 0 |
| 30 Sep 19 | 22,402 | 2,441 | 227 | 0 |
| 30 Jun 19 | 22,338 | 2,398 | 227 | 0 |
| 31 Mar 19 | 22,170 | 2,389 | 227 | 0 |
| 31 Dec 18 | 21,965 | 2,465 | 227 | 0 |
| 30 Sep 18 | 21,519 | 3,558 | 238 | 0 |
| 30 Jun 18 | 21,247 | 3,470 | 238 | 0 |
| 31 Mar 18 | 21,236 | 3,481 | 238 | 0 |
| 31 Dec 17 | 21,146 | 3,357 | 238 | 0 |
| 30 Sep 17 | 20,963 | 2,132 | 232 | 0 |
| 30 Jun 17 | 20,800 | 1,993 | 232 | 0 |
| 31 Mar 17 | 20,453 | 2,070 | 232 | 0 |
| 31 Dec 16 | 20,289 | 2,183 | 244 | 0 |
| 30 Sep 16 | 20,327 | 2,258 | 218 | 0 |
| 30 Jun 16 | 20,333 | 2,453 | 218 | 0 |
| 31 Mar 16 | 20,060 | 2,241 | 218 | 0 |
| 31 Dec 15 | 19,648 | 2,181 | 218 | 0 |
Quality Earnings: SWN has high quality earnings.
Growing Profit Margin: SWN's current net profit margins (3.6%) are higher than last year (0.01%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SWN's earnings have declined by 42.1% per year over the past 5 years.
Accelerating Growth: SWN's earnings growth over the past year (82600%) exceeds its 5-year average (-42.1% per year).
Earnings vs Industry: SWN earnings growth over the past year (82600%) exceeded the Airlines industry 139.4%.
Return on Equity
High ROE: SWN's Return on Equity (7.6%) is considered low.