Professional Documents
Culture Documents
Auditor Incorporated
Ernst & Young LLP March 1967 , TX, United States
Primary SIC
4512 : Air transportation, scheduled
Business Summary
Southwest Airlines operates
Southwest Airlines (Southwest), a
passenger airline that provides
scheduled air transportation in the
U.S. and near-international markets.
During the year ended Dec 31 2015,
Co. served 97 destinations in 40
states, the
Company Financials
Income Statement
Exchange rate used is that of the
Year End reported date
Balance Sheet
Exchange rate used is that of the
Year End reported date
12/31/2011 12/31/2010
USD USD
Not Not
Qualified Qualified
Yes Yes
Thousands Thousands
6% 829000 5% 1261000 8%
10% 2315000 13% 2277000 15%
2% 299000 2% 195000 1%
3% 401000 2% 243000 2%
1% 263000 1% 214000 1%
1% 238000 1% 89000 1%
23% 4345000 24% 4279000 28%
88% 15542000 86% 13991000 90%
15% 2423000 13% 2122000 14%
2% 456000 3% 230000 1%
- -
105% 18421000 102% 16343000 106%
36% 6294000 35% 5765000 37%
69% 12127000 67% 10578000 68%
5% 970000 5% -
2% 253000 1% -
1% 155000 1% -
0% 97000 1% -
1% 121000 1% -
3% 626000 3% -
- 606000 4%
100% 18068000 100% 15463000 100%
6% 1057000 6% 739000 5%
110000 1% 171000 1%
1% - -
1% 57000 0% 27000 0%
1% 248000 1% 200000 1%
0% 56000 0% -
- 33000 0%
0% 85000 0% -
- 79000 1%
1% 162000 1% 142000 1%
0% - -
- -
1% 278000 2% 211000 1%
6% 996000 6% 863000 6%
12% 1836000 10% 1198000 8%
1% 644000 4% 505000 3%
25% 4533000 25% 3305000 21%
0% 71000 0% 87000 1%
6% 1427000 8% 1843000 12%
1% 118000 1% -
3% 713000 4% -
4% 862000 5% 933000 6%
2% 411000 2% 428000 3%
1% 135000 1% 117000 1%
0% 40000 0% -
17% 3777000 21% 3408000 22%
1% 644000 4% 505000 3%
0% -26000 0% -28000 0%
16% 3107000 17% 2875000 19%
16% 2566000 14% 2493000 16%
0% 75000 0% 88000 1%
- -
- -
- -
- -
- -
- -
- -
- -
6% 910000 5% 465000 3%
4% 808000 4% 808000 5%
7% 1222000 7% 1183000 8%
31% 5395000 30% 5399000 35%
0% -183000 -1% -250000 -2%
0% -66000 0% -34000 0%
- -
0% 25000 0% 22000 0%
- -
-1% -224000 -1% -262000 -2%
4% 324000 2% 891000 6%
38% 6877000 38% 6237000 40%
12/31/2012 12/31/2011
2.29 1.06
6.05 2.71
5.98 6.85
9.57 7.64 Profitability trends
38.54 44.89
371586 344951 50
40
12/31/2012 12/31/2011
0.71 0.76 30
0.91 0.96
-2.27 -1.04 20
10
12/31/2012 12/31/2011
0.41 0.45 0
0.45 0.55 12/31/2011 12/31/2012 12/31/2013 12/31/2014
5.24 4.03 ROA % (Net) ROE % (Net)
ROI % (Operating) EBITDA Margin %
12/31/2012 12/31/2011 Calculated Tax Rate %
0.93 0.93
54.01 63.39
19.89 24.43
15.75 17.44
16.25 16.85
1.37 1.38
17.55 14.98
12/31/2012 12/31/2011
2.74 1.79
9.57 8.9
bility trends
ROE % (Net)
g) EBITDA Margin %
ate %