Southwest Airlines Income Taxes 2010-2025 | LUV

Southwest Airlines annual/quarterly income taxes history and growth rate from 2010 to 2025. Income taxes can be defined as the total amount of income tax expense for the given period.
  • Southwest Airlines income taxes for the quarter ending March 31, 2025 were $-43M, a 35.82% decline year-over-year.
  • Southwest Airlines income taxes for the twelve months ending March 31, 2025 were $157M, a 6.8% increase year-over-year.
  • Southwest Airlines annual income taxes for 2024 were $0.133B, a 20.83% decline from 2023.
  • Southwest Airlines annual income taxes for 2023 were $0.168B, a 11.11% decline from 2022.
  • Southwest Airlines annual income taxes for 2022 were $0.189B, a 45.69% decline from 2021.
Southwest Airlines Annual Income Taxes
(Millions of US $)
2024 $133
2023 $168
2022 $189
2021 $348
2020 $-1,182
2019 $657
2018 $699
2017 $-92
2016 $1,267
2015 $1,298
2014 $680
2013 $455
2012 $264
2011 $145
2010 $286
2009 $65
Southwest Airlines Quarterly Income Taxes
(Millions of US $)
2025-03-31 $-43
2024-12-31 $67
2024-09-30 $22
2024-06-30 $111
2024-03-31 $-67
2023-12-31 $-33
2023-09-30 $44
2023-06-30 $203
2023-03-31 $-46
2022-12-31 $-65
2022-09-30 $76
2022-06-30 $276
2022-03-31 $-98
2021-12-31 $10
2021-09-30 $154
2021-06-30 $154
2021-03-31 $30
2020-12-31 $-423
2020-09-30 $-385
2020-06-30 $-324
2020-03-31 $-50
2019-12-31 $153
2019-09-30 $160
2019-06-30 $227
2019-03-31 $117
2018-12-31 $162
2018-09-30 $171
2018-06-30 $227
2018-03-31 $139
2017-12-31 $-1,011
2017-09-30 $304
2017-06-30 $422
2017-03-31 $193
2016-12-31 $250
2016-09-30 $230
2016-06-30 $484
2016-03-31 $303
2015-12-31 $310
2015-09-30 $349
2015-06-30 $369
2015-03-31 $270
2014-12-31 $111
2014-09-30 $196
2014-06-30 $281
2014-03-31 $92
2013-12-31 $121
2013-09-30 $160
2013-06-30 $139
2013-03-31 $35
2012-12-31 $46
2012-09-30 $17
2012-06-30 $140
2012-03-31 $61
2011-12-31 $104
2011-09-30 $-86
2011-06-30 $114
2011-03-31 $13
2010-12-31 $81
2010-09-30 $127
2010-06-30 $72
2010-03-31 $6
2009-12-31 $69
2009-09-30 $-4
2009-06-30 $16
2009-03-31 $-16
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $17.142B $27.483B
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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International Consolidated Airlines Group SA (ICAGY) Spain $17.591B 2.64
Air China (AIRYY) China $10.014B 0.00
LATAM Airlines Group S.A (LTM) Chile $9.762B 9.07
Deutsche Lufthansa AG (DLAKY) Germany $8.832B 6.46
ANA Holdings (ALNPY) Japan $8.742B 9.79
Japan Airlines (JAPSY) Japan $8.041B 11.37
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $7.764B 0.00
American Airlines Group (AAL) United States $7.030B 6.42
Alaska Air (ALK) United States $5.972B 9.73
Easyjet (EJTTF) United Kingdom $5.405B 0.00
Joby Aviation (JOBY) United States $5.105B 0.00
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Copa Holdings, S.A (CPA) Panama $3.984B 6.51
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Air Canada (ACDVF) Canada $3.508B 4.21
Corporacion America Airports S.A (CAAP) Luxembourg $3.158B 12.40
Air France-KLM SA (AFLYY) France $2.337B 4.23
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Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.485B 11.56
AZUL (AZUL) Brazil $0.304B 0.00
Gol Linhas Aereas Inteligentes S.A (GOLLQ) Brazil $0.088B 0.23
Surf Air Mobility (SRFM) United States $0.047B 0.00
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