Top Southwest Airlines Co. Competitors and Alternatives | Bullfincher

+

Ticker

LUV

DAL

Headquarter

Dallas ,TX

US

Atlanta ,GA

US

CEO

Mr. Robert E. Jordan

Mr. Edward H. Bastian

Industry

Airlines, Airports & Air Services

Airlines, Airports & Air Services

Stock Price

Stock Price

Market Cap

$19.25B

$42.47B

Employees

Years

2021
2022
2023

2021
2022
2023

Employees

55.10K
66.66K
74.81K

83.00K
95.00K
103.00K

Y/Y

2.48%

20.97%

12.23%

12.16%

14.46%

8.42%

Income Statement

Revenue

Years

2021
2022
2023

2022
2023
2024

Revenue

$15.79B
$23.81B
$26.09B

$50.58B
$58.05B
$61.64B

Y/Y

74.51%

50.82%

9.56%

69.18%

14.76%

6.19%

Revenue by Products / Services

Revenue by Geography

Research and Development

Years

2021
2022
2023

2022
2023
2024

Research and Development

-
-
-

$307.00M
-
-

Y/Y

0%

0%

0%

1.99%

100%

0%

Operating Income

Years

2021
2022
2023

2022
2023
2024

Operating Income

$1.72B
$1.02B
$224.00M

$1.62B
$5.52B
$6.00B

Y/Y

145.1%

40.91%

77.97%

521.15%

241.86%

8.59%

Tax Rate (%)

Years

2021
2022
2023

2022
2023
2024

Tax Rate (%)

26.00%
26.00%
27.00%

31.00%
18.00%
-26.00%

Y/Y

5.44%

1.14%

2.23%

5.03%

42.81%

244.75%

Net Income

Years

2021
2022
2023

2022
2023
2024

Net Income

$977.00M
$539.00M
$465.00M

$1.32B
$4.61B
$3.46B

Y/Y

131.78%

44.83%

13.73%

370.71%

249.7%

24.99%

Assets & Liabilities | Cash Flow

Total Assets

Years

2021
2022
2023

2021
2022
2023

Total Assets

$36.32B
$35.37B
$36.49B

$72.47B
$72.28B
$73.64B

Y/Y

5.01%

2.62%

3.16%

0.58%

0.27%

1.89%

Total Liabilities

Years

2021
2022
2023

2021
2022
2023

Total Liabilities

$25.91B
$24.68B
$25.97B

$68.84B
$65.82B
$62.54B

Y/Y

0.75%

4.72%

5.23%

2.63%

4.38%

4.98%

Capital Expenditures (Capex)

Years

2021
2022
2023

2022
2023
2024

Capital Expenditures (Capex)

-$511.00M
-$3.95B
-$3.55B

-$6.37B
-$5.32B
-

Y/Y

0.78%

672.21%

9.96%

96.06%

16.38%

100%

Profitability

Operating Income Margin (%)

Years

2021
2022
2023

2022
2023
2024

Operating Income Margin (%)

10.90%
4.27%
0.86%

3.19%
9.51%
9.73%

Y/Y

125.84%

60.83%

79.86%

266.67%

198.12%

2.31%

Net Income Margin (%)

Years

2021
2022
2023

2022
2023
2024

Net Income Margin (%)

6.19%
2.26%
1.78%

2.61%
7.94%
5.61%

Y/Y

118.22%

63.49%

21.24%

177.66%

204.21%

29.35%

EBITDA

2020	-2699000000.00
2021	3028000000.00
2022	2380000000.00
2023	2391000000.00

2021	3675000000.00
2022	5050000000.00
2023	8783000000.00
2024	4022000000.00

Years

2021
2022
2023

2022
2023
2024

EBITDA

$3.03B
$2.38B
$2.39B

$5.05B
$8.78B
$4.02B

Y/Y

212.19%

21.4%

0.46%

37.41%

73.92%

54.21%

Free Cash Flow (FCF)

2020	-1642000000.00
2021	1811000000.00
2022	-156000000.00
2023	-389000000.00

2021	16000000.00
2022	-2000000.00
2023	1141000000.00
2024	8025000000.00

Years

2021
2022
2023

2022
2023
2024

Free Cash Flow (FCF)

$1.81B
-$156.00M
-$389.00M

-$2.00M
$1.14B
$8.03B

Y/Y

210.29%

108.61%

149.36%

112.5%

57150%

603.33%

Ratios

Return on Equity (ROE)

Years

2021
2022
2023

2022
2023
2024

Return on Equity (ROE)

9.38%
5.04%
4.42%

20.42%
41.50%
0.00%

Y/Y

127.09%

46.27%

12.3%

164.85%

103.23%

100%

Return on Assets (ROA)

Years

2021
2022
2023

2022
2023
2024

Return on Assets (ROA)

2.69%
1.52%
1.27%

1.82%
6.26%
0.00%

Y/Y

130.26%

43.49%

16.45%

366.67%

243.96%

100%

Debt to Equity

Years

2021
2022
2023

2022
2023
2024

Debt to Equity

117.93%
88.25%
87.77%

474.13%
245.66%
0.00%

Y/Y

14.2%

25.17%

0.54%

50.22%

48.19%

100%

Valuation

Enterprise Value

Years

2021
2022
2023

2022
2023
2024

Enterprise value

$25.16B
$19.91B
$17.12B

$48.31B
$50.25B
$0.00

Y/Y

8.4%

20.89%

13.97%

6.26%

4.01%

100%

Enterprise value to Revenue

Years

2021
2022
2023

2022
2023
2024

Enterprise value to Revenue

1.59
0.84
0.66

0.96
0.87
0.00

Y/Y

47.51%

47.55%

21.49%

44.59%

9.37%

100%

Enterprise value to EBITDA

Years

2021
2022
2023

2022
2023
2024

Enterprise value to EBITDA

8.31
8.36
7.16

9.57
5.72
0.00

Y/Y

181.64%

0.65%

14.37%

31.79%

40.2%

100%