Southwest Airlines Co (LUV)
27.34
+0.06
(+0.22%)
USD |
NYSE |
May 10, 16:00
27.34
0.00 (0.00%)
After-Hours: 19:48
Southwest Airlines Gross Profit Margin (Quarterly): 9.88% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 9.88% |
| December 31, 2023 | 10.66% |
| September 30, 2023 | 16.48% |
| June 30, 2023 | 24.88% |
| March 31, 2023 | 11.71% |
| December 31, 2022 | 16.32% |
| September 30, 2022 | 19.52% |
| June 30, 2022 | 28.97% |
| March 31, 2022 | 12.36% |
| December 31, 2021 | 17.40% |
| September 30, 2021 | 29.81% |
| June 30, 2021 | 29.44% |
| March 31, 2021 | 32.26% |
| December 31, 2020 | -32.14% |
| September 30, 2020 | -51.48% |
| June 30, 2020 | -89.98% |
| March 31, 2020 | 13.89% |
| December 31, 2019 | 24.97% |
| September 30, 2019 | 28.04% |
| June 30, 2019 | 29.38% |
| March 31, 2019 | 23.99% |
| December 31, 2018 | 27.63% |
| September 30, 2018 | 27.57% |
| June 30, 2018 | 29.66% |
| March 31, 2018 | 25.10% |
| Date | Value |
|---|---|
| December 31, 2017 | 27.25% |
| September 30, 2017 | 29.91% |
| June 30, 2017 | 33.89% |
| March 31, 2017 | 26.66% |
| December 31, 2016 | 29.48% |
| September 30, 2016 | 26.33% |
| June 30, 2016 | 35.20% |
| March 31, 2016 | 31.54% |
| December 31, 2015 | 33.01% |
| September 30, 2015 | 33.90% |
| June 30, 2015 | 32.30% |
| March 31, 2015 | 29.45% |
| December 31, 2014 | 26.90% |
| September 30, 2014 | 25.10% |
| June 30, 2014 | 26.86% |
| March 31, 2014 | 18.22% |
| December 31, 2013 | 22.04% |
| September 30, 2013 | 20.90% |
| June 30, 2013 | 21.06% |
| March 31, 2013 | 14.30% |
| December 31, 2012 | 15.34% |
| September 30, 2012 | 16.36% |
| June 30, 2012 | 21.10% |
| March 31, 2012 | 13.15% |
| December 31, 2011 | -74.44% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-89.98%
Minimum
Jun 2020
32.26%
Maximum
Mar 2021
9.12%
Average
16.94%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alaska Air Group Inc | 6.72% |
| JetBlue Airways Corp | 12.63% |
| American Airlines Group Inc | 16.08% |
| United Airlines Holdings Inc | 21.85% |
| Frontier Group Holdings Inc | 0.92% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 3.72% |
| Return on Assets | 1.08% |
| Return on Invested Capital | 2.11% |
| Profit Margin (Quarterly) | -3.65% |
| Operating Margin (Quarterly) | -6.21% |
| Return on Net Operating Assets | 1.67% |