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Southwest Airlines Co   (LUV)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation


Southwest Airlines Co's ROI from its first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Southwest Airlines Co's ROI in the first quarter of 2024?
Southwest Airlines Co achieved a return on average invested assets (ROI) of 2.11 % in its first quarter of 2024, which is below Southwest Airlines Co's average return on investment, which stands at 6.76%.

ROI fell compared to the fourth quarter of 2023, despite the net income growth of % from the fourth quarter of 2023.

Within the Transportation sector 10 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Mar 31 2024 quarter, so far to 287, from total ROI ranking in the fourth quarter of 2023 at 1629.

Definition and Formula of Return on Investment


Return On Investment (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Investment Change -0.72 % -1.28 % -1.04 % -10.95 % -
Y / Y Net Income Change - - -30.32 % -10.13 % -
Investment (TTM) in Millions 18,170 18,493 19,038 18,783 18,301
Return On Investment (TTM) 2.11 % 2.49 % 2.66 % 3.1 % 3.4 %
LUV's Overall Ranking # 287 # 1629 # 1579 # 1822 # 1773
Seq. Investment Change -1.75 % -2.86 % 1.36 % 2.63 % -2.31 %
Seq. Net Income Change - - -71.74 % - -
Net Income (TTM) in Millions 393 465 497 581 658




Return On Investment LUV's Ranking
Within: No.
Industry # 4
Sector # 11
Overall # 287

Return On Investment Statistics
High Average Low
61.47 %
6.76 %
-13.31 %
(Sep. 30, 2015)   (Dec 31 2020)



  News about Southwest Airlines Co

- Southwest Airlines Shakes Up Leadership Amidst Financial Struggles, Aims to Turn the Tide


By
March 15, 2024
Southwest Airlines, one of the leading low-cost carriers in the United States, has recently announced significant leadership changes, effective immediately. These changes come as a response to the company's declining financial performance in the fourth quarter of 2023, marked by a significant drop in return on average invested assets (ROI).
According to the recent press release issued by Southwest Airlines Co, the airline achieved a meager ROI of 2.49% in the fourth quarter of 2023, well below its average return on investment of 6.83%. This disappointing performance has forced the company to reevaluate its organizational structure and implement key leadership changes to steer the company back towards sustainable growth.






Financial Statements
Southwest Airlines Co's I. Quarter Investments $ 18,170 Millions LUV's Balance sheet
Southwest Airlines Co's I. Quarter Income $ -231 Millions Quarterly LUV's Income Statement
LUV's Income by Division See LUV's Income by Division


LUV Annual Return On Investment (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Investments in Millions 18,493 18,733 21,912 20,234 16,943
Y / Y Investment Growth -1.28 % -14.51 % 8.29 % 19.42 % -7.61 %
Net Income in Millions 465 539 977 -3,074 2,300
Y / Y Net Income Growth -13.73 % -44.83 % - - -6.69 %
Annual Return On Investment 2.51 % 2.88 % 4.46 % -15.19 % 13.57 %


Annual Roi Comment
In the fiscal year 2023 ROI decreased relative to the previous year to 2.51 %, due to deterioration of net income.

Definition and Formula of Return on Investment

Other ROI Ratios
Airline Industry Roi Trends and Statistics
Transportation Sector Return On Investment Statistics
Roi Trends for overall market
LUV's Roi Ratio versus Airline Industry, Transportation Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for LUV's Competitors
Roi for Southwest Airlines Co's Suppliers
Return On Investment for LUV's Customers

Other Ratios
LUV's Roa LUV's Inventory Turnover Ratio LUV's Growth Rates LUV's Dividend Statistics
LUV's Profitability Ratios LUV's Asset Turnover Ratio LUV's Dividend Growth
LUV's Roe LUV's Valuation Ratios LUV's Financial Strength Ratios LUV's Dividend Payout Ratio



Companies with similar Return On Investment at Mar 31 2024, within Transportation Sector ROI
Pangaea Logistics Solutions Ltd   5.65 %
Canadian Pacific Kansas City Ltd  5.12 %
Covenant Logistics Group Inc   4.76 %
Sun Country Airlines Holdings Inc   4.35 %
Norfolk Southern Corp  3.73 %
Schneider National Inc   3.54 %
Werner Enterprises Inc   2.95 %
Brink s Co  2.71 %
Forward Air Corporation  2.70 %
Air Transport Services Group Inc   2.50 %
Skywest Inc  2.47 %
Pam Transportation Services Inc  2.20 %
Southwest Airlines Co   1.67 %
Trinity Industries Inc  1.38 %
American Airlines Group Inc   1.26 %
Alaska Air Group Inc   1.19 %
Knight swift Transportation Holdings Inc   0.89 %


Date modified: 2024-04-30T01:19:25+00:00



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