Southwest Airlines Gross Margin 2010-2024 | LUV

Southwest Airlines gross margin for the quarter ending June 30, 2024 was 20.43%.

  • Southwest Airlines average gross margin for 2023 was 23.7%, a 13.38% decline from 2022.
  • Southwest Airlines average gross margin for 2022 was 27.36%, a 52.68% decline from 2021.
  • Southwest Airlines average gross margin for 2021 was 17.92%, a 22.49% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Southwest Airlines Gross Margin 2010-2024 | LUV

  • Southwest Airlines average gross margin for 2023 was 23.7%, a 13.38% decline from 2022.
  • Southwest Airlines average gross margin for 2022 was 27.36%, a 52.68% decline from 2021.
  • Southwest Airlines average gross margin for 2021 was 17.92%, a 22.49% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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