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Southwest Airlines Co. (LUV)

(Delayed Data from NYSE)

$61.35 USD

61.35
4,081,315

-0.31 (-0.50%)

Updated May 10, 2021 04:00 PM ET

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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3-Hold of 5     3    

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth A Momentum F VGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 17% (211 out of 254)

Industry: Transportation - Airline

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Research for LUV More Info

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Southwest Airlines Co. falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 13,334 4,072 3,689 3,273 3,305
Receivables 1,130 1,086 568 662 546
Notes Receivable 0 0 0 0 0
Inventories 414 529 461 420 337
Other Current Assets 295 287 310 460 310
Total Current Assets 15,173 5,974 5,028 4,815 4,498
Net Property & Equipment 15,831 17,025 19,525 18,539 17,044
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 970 970 970 970 970
Deposits & Other Assets 722 577 720 786 774
Total Assets 34,588 25,895 26,243 25,110 23,286
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 0 0 0 0
Accounts Payable 931 1,574 1,416 1,320 1,178
Current Portion Long-Term Debt 220 819 606 348 566
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2,259 1,749 1,749 1,777 1,985
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 3,790 4,457 4,134 3,460 3,115
Total Current Liabilities 7,506 8,952 7,905 6,905 6,844
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,634 2,364 2,427 2,358 3,374
Convertible Debt 0 0 0 0 0
Long-Term Debt 10,420 2,010 4,472 4,710 3,899
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 4,590 1,759 1,586 707 728
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 25,712 16,063 16,390 14,680 14,845
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 0 0 0 0 0
Common Stock (Par) 888 808 808 808 808
Capital Surplus 4,191 1,581 1,510 1,451 1,410
Retained Earnings 14,777 17,945 15,967 14,621 11,418
Other Equity -105 -61 20 12 -323
Treasury Stock 10,875 10,441 8,452 6,462 4,872
Total Shareholder's Equity 8,876 9,832 9,853 10,430 8,441
Total Liabilities & Shareholder's Equity 34,588 25,895 26,243 25,110 23,286
Total Common Equity 8,876 9,832 9,853 10,430 8,441
Shares Outstanding 590.20 517.30 562.30 593.30 615.60
Book Value Per Share 15.04 19.01 17.52 17.58 13.71

Fiscal Year End for Southwest Airlines Co. falls in the month of December.

All items in Millions except Per Share data.

3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Assets          
Cash & Equivalents 14,348 13,334 14,562 14,457 5,545
Receivables 937 1,130 897 770 709
Notes Receivable 0 0 0 0 0
Inventories 448 414 426 422 518
Other Current Assets 367 295 248 223 256
Total Current Assets 16,100 15,173 16,133 15,872 7,028
Net Property & Equipment 15,648 15,831 16,056 16,247 16,989
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 970 970 970 970 970
Deposits & Other Assets 743 722 679 662 620
Total Assets 35,493 34,588 35,605 35,596 26,885
Liabilities & Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 1,094 931 980 970 1,043
Current Portion Long-Term Debt 225 220 720 695 2,795
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,665 2,259 1,836 2,372 1,037
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 4,906 3,790 3,952 4,988 5,036
Total Current Liabilities 8,182 7,506 7,804 9,361 10,241
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,660 1,634 1,824 2,114 2,278
Convertible Debt 0 0 0 0 0
Long-Term Debt 10,887 10,420 10,409 9,144 2,486
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3,949 4,375 2,613 1,869
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 26,400 25,712 25,836 24,718 17,810
Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 888 888 888 888 808
Capital Surplus 4,220 4,191 4,175 4,159 1,582
Retained Earnings 14,912 14,777 15,685 16,842 17,757
Other Equity -60 -105 -102 -130 -186
Treasury Stock 10,867 10,875 10,877 10,881 10,886
Total Shareholder's Equity 9,093 8,876 9,769 10,878 9,075
Total Liabilities & Shareholder's Equity 35,493 34,588 35,605 35,596 26,885
Total Common Equity 9,093 8,876 9,769 10,878 9,075
Shares Outstanding 591.20 590.20 590.20 589.80 508.80
Book Value Per Share 15.38 15.04 16.55 18.44 17.84