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Southwest Airlines Co (LUV) |
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LUV's Revenue Growth by Quarter and Year
Southwest Airlines Co 's Revenue results by quarter and year
Select the Comparisons :
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Select the Ratio:
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LUV Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
6,823.00
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6,172.00
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5,051.00
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2,013.00
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III Quarter |
September |
6,525.00
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6,220.00
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4,679.00
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1,793.00
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II Quarter |
June |
7,037.00
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6,728.00
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4,008.00
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1,008.00
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I Quarter |
March |
5,706.00
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4,694.00
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2,052.00
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4,234.00
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FY |
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26,091.00
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23,814.00
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15,790.00
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9,048.00
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LUV Revenue fourth quarter 2023 Y/Y Growth Comment |
Southwest Airlines Co reported Revenue increase of 10.55% year on year in the fourth quarter 2023, to $ 6,823.00 millions, this is lower than Southwest Airlines Co 's recent average Revenue increase of 15.13%.
Among companies who have reported fourth quarter 2023 results in the Airline industry only one Company has achieved higher year on year Revenue results in the fourth quarter 2023. While Southwest Airlines Co ' s Revenue growth of 10.55% ranks overall at the positon no. 654 in the fourth quarter 2023.
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LUV Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
10.55 % |
22.19 % |
150.92 % |
-64.88 % |
III Quarter |
September |
4.9 % |
32.93 % |
160.96 % |
-68.2 % |
II Quarter |
June |
4.59 % |
67.86 % |
297.62 % |
-82.94 % |
I Quarter |
March |
21.56 % |
128.75 % |
-51.54 % |
-17.77 % |
FY |
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9.56 % |
50.82 % |
74.51 % |
-59.66 % |
LUV Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
4.57 % |
-0.77 % |
7.95 % |
12.27 % |
III Quarter |
September |
-7.28 % |
-7.55 % |
16.74 % |
77.88 % |
II Quarter |
June |
23.33 % |
43.33 % |
95.32 % |
-76.19 % |
I Quarter |
March |
-7.55 % |
-7.07 % |
1.94 % |
-26.12 % |
FY (Year on Year) |
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9.56 % |
50.82 % |
74.51 % |
-59.66 % |
Revenue Y/Y Growth Statistics |
High |
Average |
Low |
297.62 % |
15.13 % |
-82.94 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue Y/Y Growth Statistics |
High |
Average |
Low |
297.62 % |
15.13 % |
-82.94 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Southwest Airlines Co 's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics |
High |
Average |
Low |
95.32 % |
3.89 % |
-76.19 % |
(Jun 30 2021) |
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LUV's IV. Quarter Q/Q Revenue Comment |
Southwest Airlines Co achieved in the IV. Quarter 2023 above company average sequential Revenue growth of 4.57%, to $ 6,823.00 millions, from $6,525.00 millions in the third quarter. LUV is impressively improving, with claiming better then average gain, but also improving speed.
Within Airline industry Southwest Airlines Co achieved highest sequential Revenue growth. While Southwest Airlines Co 's Revenue growth quarter on quarter, overall rank is 101. |
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Revenue Q/Q Growth Statistics |
High |
Average |
Low |
95.32 % |
3.89 % |
-76.19 % |
(Jun 30 2021) |
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LUV's IV. Quarter Q/Q Revenue Comment |
Southwest Airlines Co achieved in the IV. Quarter 2023 above company average sequential Revenue growth of 4.57%, to $ 6,823.00 millions, from $6,525.00 millions in the third quarter. Airline company is impressively improving, not just reporting above average gain, but also improving rate.
Within Airline industry Southwest Airlines Co achieved highest sequential Revenue growth. While Southwest Airlines Co 's Revenue growth quarter on quarter, overall rank is 101. |
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Southwest Airlines Co 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Revenue 12 Months Ending |
$ 26,091.00 |
$ 25,440.00 |
$ 25,135.00 |
$ 24,826.00 |
$ 23,814.00 |
Y / Y Revenue Growth (TTM) |
9.56 % |
12.11 % |
18.83 % |
34.69 % |
50.82 % |
Year on Year Revenue Growth Overall
Ranking |
# 6 |
# 43 |
# 250 |
# 202 |
# 161 |
Seqeuential Revenue Change (TTM) |
2.56 % |
1.21 % |
1.24 % |
4.25 % |
4.94 % |
Seq. Revenue Growth (TTM) Overall
Ranking |
# 133 |
# 517 |
# 1256 |
# 1230 |
# 870 |
Cumulative Revenue growth
Comment |
With the quarterly Revenue reported in the Dec 31 2023 period, Southwest Airlines Co 's cumulative twelve months Revenue were $ 26,091 millions, company would post below average annual Revenue growth of 4.94% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Southwest Airlines Co 's Revenue growth from the 6525% growth in Sep 30 2023. Despite that, Southwest Airlines Co showed the highest Revenue growth, among it's peers in Airline industry.
Southwest Airlines Co achieved highest trailing twelve month year on year Revenue growth. While Total ranking has impoved so far to 6, from total ranking in previous quarter at 43. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
168.45 % |
11.37 % |
-68.08 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
168.45 % |
11.37 % |
-68.08 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 3 |
S&P 500 |
# 133 |
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Cumulative Revenue growth
Comment |
With the quarterly Revenue reported in the Dec 31 2023 period, Southwest Airlines Co 's cumulative twelve months Revenue were $ 26,091 millions, company would post below average annual Revenue growth of -68.08% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Southwest Airlines Co 's Revenue growth from the 6525% growth in Sep 30 2023. Despite that, Southwest Airlines Co showed the highest Revenue growth, among it's peers in Airline industry.
Southwest Airlines Co achieved highest trailing twelve month year on year Revenue growth. While Total ranking has impoved so far to 6, from total ranking in previous quarter at 43. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
168.45 % |
11.37 % |
-68.08 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
168.45 % |
11.37 % |
-68.08 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 3 |
S&P 500 |
# 133 |
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