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Southwest Airlines Co.$32.78$.06.18%

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Income Statement for Southwest Airlines Co.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $22,428.00 $21,965.00 $21,171.00
Cost of Goods Sold $15,226.00 $14,706.00 $13,750.00
Gross Profit $7,202.00 $7,259.00 $7,421.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $3,026.00 $2,852.00 $2,688.00
Income Before Depreciation $4,176.00 $4,407.00 $4,733.00
       
Depreciation, Depletion, Amortization $1,219.00 $1,201.00 $1,218.00
Non-Operating Income $82.00 $51.00 ($199.00)
Interest Expense $82.00 $93.00 $65.00
Pretax Income $2,957.00 $3,164.00 $3,251.00
       
Provision for Income Taxes $657.00 $699.00 ($237.00)
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $2,300.00 $2,465.00 $3,488.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $2,300.00 $2,465.00 $3,488.00
       
Basic Earnings Per Share $4.28 $4.30 $5.80
Diluted Earnings Per Share $4.27 $4.29 $5.79
       
Weighted Average Basic Shares Outstanding 538.00 573.00 601.00
Weighted Average Diluted Shares Outstanding 539.00 574.00 603.00
       
Income Before Non-Recurring Items $2,300.00 $2,435.00 $2,107.00
Income From Non-Recurring Items $0.00 $30.00 $1,381.00
Diluted Earnings Per Share before extras $4.27 $4.24 $3.50
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $362.11 $340.20 $281.86
Dividend Per Share (common) $0.70 $0.61 $0.48




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