Southwest Airlines Company

NYSE LUV

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Southwest Airlines Company Net Income 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024

Southwest Airlines Company Net Income 3 year CAGR is NA for the Trailing 12 Months (TTM) ending March 31, 2024. Net Income is the profit earned by a company after deducting all expenses, including taxes and non-controlling interest. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Southwest Airlines Company Net Income for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 658.00 M, a 12.67% change year over year.
Southwest Airlines Company Net Income for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 584.00 M, a 120.39% change year over year.
Southwest Airlines Company Net Income for the Trailing 12 Months (TTM) ending March 31, 2021 was USD -2.86 B, a -257.36% change year over year.
Southwest Airlines Company Net Income for the Trailing 12 Months (TTM) ending March 31, 2020 was USD 1.82 B, a -23.82% change year over year.

NYSE: LUV

Southwest Airlines Company

CEO	Mr. Gary C. Kelly
IPO Date	Jan. 2, 1980
Location	United States
Headquarters	PO Box 36611, Dallas, TX, United States, 75235-1611
Employees	74,695
Sector	Industrials
Industry	Airlines

Description

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

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