Live Analysis: Southwest Airlines Co. (LUV) is currently trading at $38.23, showing a marginal increase of 3 cents (0.079%) from the previous close. Trading volume is at $1.57 million, representing a 15.69% increase relative to the average volume.
Earnings Overview: In the latest earnings report released on Tuesday, April 21st, LUV reported earnings per share (EPS) of 45 cents, in line with the consensus estimate.
Dividends: With a forward dividend yield of 1.88%, LUV pays out dividends of 18 cents per share on a trailing twelve-month basis, totaling 72 cents.
Grades: HSBC suggested holding LUV stock, while Jefferies also recommended a hold, maintaining their previous grade. The stock price at the time of grading was $38.57.
Cash Flow: LUV generated a free cash flow of $788 million, with a net increase in cash of $97 million. Notable activities include debt repayment of $494 million and common stock repurchases amounting to $1.25 billion.
Income Statement: LUV reported a gross profit of $728 million on revenues of $7.25 billion. The net income stood at $227 million, translating to an EPS of 45 cents.
Ratios: Key ratios for LUV include a net profit margin of 3.13%, return on equity of 3.3%, and a price-to-earnings ratio of 20.61.
Balance Sheet: LUV holds total assets of $29.36 billion, with total liabilities at $22.48 billion. Cash and cash equivalents amount to $3.33 billion.
This real-time financial snapshot provides insights into Southwest Airlines Co.'s current financial performance.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 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 aircrafts; 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. The company was incorporated in 1967 and is headquartered in Dallas, Texas.