Southwest Airlines Operating Expenses 2010-2024 | LUV

Southwest Airlines annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Southwest Airlines operating expenses for the quarter ending September 30, 2024 were $6.832B, a 6.62% increase year-over-year.
  • Southwest Airlines operating expenses for the twelve months ending September 30, 2024 were $27.737B, a 10.08% increase year-over-year.
  • Southwest Airlines annual operating expenses for 2023 were $25.867B, a 13.47% increase from 2022.
  • Southwest Airlines annual operating expenses for 2022 were $22.797B, a 62.04% increase from 2021.
  • Southwest Airlines annual operating expenses for 2021 were $14.069B, a 9.37% increase from 2020.
Southwest Airlines Annual Operating Expenses
(Millions of US $)
2023 $25,867
2022 $22,797
2021 $14,069
2020 $12,864
2019 $19,471
2018 $18,759
2017 $17,739
2016 $16,767
2015 $15,704
2014 $16,380
2013 $16,421
2012 $16,465
2011 $14,965
2010 $11,116
2009 $10,088
Southwest Airlines Quarterly Operating Expenses
(Millions of US $)
2024-09-30 $6,832
2024-06-30 $6,956
2024-03-31 $6,722
2023-12-31 $7,227
2023-09-30 $6,408
2023-06-30 $6,242
2023-03-31 $5,990
2022-12-31 $6,557
2022-09-30 $5,825
2022-06-30 $5,570
2022-03-31 $4,845
2021-12-31 $4,856
2021-09-30 $3,946
2021-06-30 $3,414
2021-03-31 $1,853
2020-12-31 $3,181
2020-09-30 $3,204
2020-06-30 $2,135
2020-03-31 $4,344
2019-12-31 $5,066
2019-09-30 $4,820
2019-06-30 $4,941
2019-03-31 $4,644
2018-12-31 $4,884
2018-09-30 $4,777
2018-06-30 $4,770
2018-03-31 $4,328
2017-12-31 $4,517
2017-09-30 $4,458
2017-06-30 $4,516
2017-03-31 $4,248
2016-12-31 $4,333
2016-09-30 $4,444
2016-06-30 $4,108
2016-03-31 $3,882
2015-12-31 $3,951
2015-09-30 $4,093
2015-06-30 $4,026
2015-03-31 $3,634
2014-12-31 $4,007
2014-09-30 $4,186
2014-06-30 $4,236
2014-03-31 $3,951
2013-12-31 $4,042
2013-09-30 $4,155
2013-06-30 $4,210
2013-03-31 $4,014
2012-12-31 $4,082
2012-09-30 $4,258
2012-06-30 $4,156
2012-03-31 $3,969
2011-12-31 $3,961
2011-09-30 $4,086
2011-06-30 $3,929
2011-03-31 $2,989
2010-12-31 $2,898
2010-09-30 $2,837
2010-06-30 $2,805
2010-03-31 $2,576
2009-12-31 $2,544
2009-09-30 $2,644
2009-06-30 $2,493
2009-03-31 $2,407
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $19.408B $26.091B
Southwest Airlines is a passenger airline that provides scheduled air transportation in the United States. Southwest Airlines provides short-haul, high frequency, point-to-point and low-fare services. The company's point-to-point route structure includes services to and from many secondary or downtown airports such as Dallas Love Field, Houston Hobby, Chicago Midway, Baltimore-Washington International and Ft. Lauderdale-Hollywood. The company also offers long-haul nonstop service between markets like Oakland and Orlando, Los Angeles and Nashville, Las Vegas and Orlando, San Diego and Baltimore, Houston and New York LaGuardia, Los Angeles and Tampa, Oakland and Baltimore, San Diego and Newark.
Stock Name Country Market Cap PE Ratio
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United Airlines Holdings Inc (UAL) United States $31.000B 10.11
Ryanair Holdings (RYAAY) Ireland $24.498B 15.01
Air China (AIRYY) China $10.039B 0.00
American Airlines Group (AAL) United States $9.417B 10.69
LATAM Airlines Group S.A (LTM) Chile $8.507B 0.00
Deutsche Lufthansa AG (DLAKY) Germany $7.921B 6.36
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $7.451B 0.00
Alaska Air (ALK) United States $6.738B 12.70
Air Canada (ACDVF) Canada $6.012B 7.26
International Consolidated Airlines Group SA (ICAGY) Spain $5.930B 1.98
Joby Aviation (JOBY) United States $4.843B 0.00
SkyWest (SKYW) United States $4.432B 18.78
Copa Holdings, S.A (CPA) Panama $4.227B 6.73
Flughafen Wien AG (VIAAY) Austria $4.009B 18.67
Air France-KLM SA (AFLYY) France $2.180B 8.30
JetBlue Airways (JBLU) United States $2.067B 0.00
Allegiant Travel (ALGT) United States $1.299B 164.63
Frontiers (ULCC) United States $1.215B 0.00
Bristow Group (VTOL) United States $1.074B 20.17
AZUL (AZUL) Brazil $1.054B 0.00
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.963B 4.98
Sun Country Airlines Holdings (SNCY) United States $0.721B 15.65
Gol Linhas Aereas Inteligentes S.A (GOLLQ) Brazil $0.105B 0.00
Harbor Diversified (HRBR) United States $0.055B 0.00
Mesa Air (MESA) United States $0.036B 0.00
Surf Air Mobility (SRFM) United States $0.034B 0.00
AirMedia Group Inc (ANTE) China $0.008B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00
Corporacion America Airports S.A (CAAP) Luxembourg $0.000B 8.35