SOUTHWEST AIRLINES CO
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LUV FY 2025 request
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/api/financials?ticker=LUV&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 28,063 | 27,483 | +2.1% |
Show Product Lines breakouts |
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| Cargo And Freight | 171 | 175 | -2.3% |
| Other Revenue | 2.6 | 2.2 | +18.2% |
| Passenger | 25,535 | 24,980 | +2.2% |
| Passenger ancillary sold separately | 1,835 | 1,029 | +78.3% |
| Passenger loyalty - air transportation | 3,259 | 3,484 | -6.5% |
| Passenger non-loyalty | 20,441 | 20,467 | -0.1% |
| Product And Service Other | 2,357 | 2,328 | +1.2% |
Show Geography breakouts |
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| Latin America | 756 | 798 | -5.3% |
| North America | 27.3 | 26.7 | +2.2% |
| Operating Income | 428 | 321 | +33.3% |
| Non-Operating Income (Expense) | -135 | -277 | +51.3% |
| Interest Expense | 167 | 249 | -32.9% |
| Interest Income | -205 | -497 | +58.8% |
| Other Non-Operating Income (Expense) | -43 | 6 | -816.7% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 7 | — | — |
| Income Before Taxes | 563 | 598 | -5.9% |
| Income Tax Expense (Benefit) | 122 | 133 | -8.3% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 2 | — | — |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract | 33 | — | — |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Other Contract | 2 | — | — |
| Net Income | 441 | 465 | -5.2% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income | 5 | — | — |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract | 112 | — | — |
| Accumulated Gain Loss Net Cash Flow Hedge Parent · Other Contract | 4 | — | — |
Show Change In Accounting Estimate By Type breakouts |
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| Service Life | 29 | -38 | +176.3% |
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts |
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| Reclassification Out Of Accumulated Other Comprehensive Income | 121 | — | — |
| Comprehensive Income | 442 | 440 | +0.5% |
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| Accumulated Other Comprehensive Income | 1 | -25 | +104.0% |
| Retained Earnings | 441 | 465 | -5.2% |
| EPS (Basic) | 0.82 | 0.78 | +5.1% |
Show Change In Accounting Estimate By Type breakouts |
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| Service Life | 0.05 | -0.06 | +183.3% |
| EPS (Diluted) | 0.79 | 0.76 | +3.9% |
Show Change In Accounting Estimate By Type breakouts |
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| Service Life | 0.05 | -0.06 | +183.3% |
| Wtd Avg Shares (Basic) | 540 | 598 | -9.7% |
| Wtd Avg Shares (Diluted) | 558 | 643 | -13.2% |
| Depreciation And Amortization | 1,560 | 1,657 | -5.9% |
Show Change In Accounting Estimate By Type breakouts |
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| Service Life | -44 | 57 | -177.2% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax (FY) | — | — | — |
Show Derivative Risk breakouts |
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| Commodity Contract | 43 | -44 | +197.7% |
| Labor And Related Expense | 12,963 | 12,240 | +5.9% |
| Net Income Loss Available To Common Stockholders Basic | 442 | 485 | -8.9% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 3,231 | 7,509 | -57.0% |
| Accounts Receivable | 98 | 47 | +108.5% |
| Prepaid Expenses & Other Current Assets | 490 | 639 | -23.3% |
| Total Current Assets | 5,645 | 11,274 | -49.9% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 20,245 | 19,056 | +6.2% |
| Operating Lease Right-of-Use Assets | 1,089 | 1,369 | -20.5% |
| Goodwill | 970 | 970 | 0.0% |
| Other Non-Current Assets | 1,112 | 1,081 | +2.9% |
| Total Assets | 29,061 | 33,750 | -13.9% |
| Current Liabilities | |||
| Accounts Payable | 1,991 | 1,818 | +9.5% |
| Accrued Liabilities | 2,349 | 2,206 | +6.5% |
| Deferred Revenue (Current) | 5,945 | 6,294 | -5.5% |
| Total Current Liabilities | 10,921 | 12,276 | -11.0% |
| Non-Current Liabilities | |||
| Long-Term Debt | 4,929 | — | — |
| Operating Lease Liabilities | 768 | 1,031 | -25.5% |
| Deferred Tax Liabilities | 2,289 | 2,167 | +5.6% |
| Other Non-Current Liabilities | 1,306 | 909 | +43.7% |
| Contract With Customer Liability Noncurrent | 1,219 | 1,948 | -37.4% |
| Stockholders' Equity | |||
| Common Stock | 888 | 888 | 0.0% |
| Retained Earnings | 16,388 | 16,332 | +0.3% |
| Accumulated Other Comprehensive Income | -24 | -25 | +4.0% |
| Total Stockholders' Equity | 7,981 | 10,350 | -22.9% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment | 106 | 167 | -36.5% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -137 | -193 | +29.0% |
| Accumulated Other Comprehensive Income | -24 | -25 | +4.0% |
| Additional Paid In Capital | 4,322 | 4,199 | +2.9% |
| Common Stock | 888 | 888 | 0.0% |
| Other | -1 | -7 | +85.7% |
| Retained Earnings | 16,388 | 16,332 | +0.3% |
| Treasury Stock Common | -13,593 | -11,044 | -23.1% |
| Total Liabilities & Equity | 29,061 | 33,750 | -13.9% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Deferred Income Taxes | 122 | 132 | -7.6% |
| Change in Deferred Revenue | -1,078 | -37 | -2813.5% |
| Net Cash from Operations | 1,842 | 462 | +298.7% |
| Investing Activities | |||
| Net Cash from Investing | -1,429 | -261 | -447.5% |
| Financing Activities | |||
| Share Repurchases | -2,550 | -250 | -920.0% |
| Amortization of Financing Costs (FY) | — | — | — |
Show Long-Term Debt Type breakouts |
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| Convertible Debt | 3 | 10 | -70.0% |
| Net Cash from Financing | -4,691 | -1,980 | -136.9% |
| Supplemental | |||
| Income Taxes Paid | -1 | -21 | +95.2% |
| Interest Paid | 108 | 220 | -50.9% |
| Other Cash Flow | |||
| Net Change in Cash | -4,278 | -1,779 | -140.5% |
Values in millions USD. Source: SEC EDGAR 10-K filing.