Southwest Gross Profit Margin from 2010 to 2024
| LUV Stock | USD 28.01 0.15 0.54% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.16185658 | Current Value 0.15 | Quarterly Volatility 0.16870745 |
Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many exotic indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
Southwest | Gross Profit Margin |
Latest Southwest Airlines' Gross Profit Margin Growth Pattern
Below is the plot of the Gross Profit Margin of Southwest Airlines over the last few years. It is Southwest Airlines' Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southwest Airlines' overall financial position and show how it may be relating to other accounts over time.
| Gross Profit Margin | 10 Years Trend |
|
Gross Profit Margin |
| Timeline |
Southwest Gross Profit Margin Regression Statistics
| Arithmetic Mean | 0.25 | |
| Coefficient Of Variation | 68.82 | |
| Mean Deviation | 0.11 | |
| Median | 0.26 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.751 | |
| R-Value | (0.55) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.40 |
Southwest Gross Profit Margin History
About Southwest Airlines Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Southwest Airlines income statement, its balance sheet, and the statement of cash flows. Southwest Airlines investors use historical funamental indicators, such as Southwest Airlines's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Southwest Airlines investors may use each financial statement separately, they are all related. The changes in Southwest Airlines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Southwest Airlines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Southwest Airlines Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit Margin | 0.16 | 0.15 |
Pair Trading with Southwest Airlines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southwest Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southwest Airlines will appreciate offsetting losses from the drop in the long position's value.Moving together with Southwest Stock
| 0.73 | HA | Hawaiian Holdings | PairCorr |
| 0.68 | WERN | Werner Enterprises | PairCorr |
| 0.61 | AAL | American Airlines Financial Report 18th of July 2024 | PairCorr |
Moving against Southwest Stock
| 0.86 | AL | Air Lease | PairCorr |
| 0.83 | BV | BrightView Holdings Buyout Trend | PairCorr |
| 0.78 | CR | Crane Company | PairCorr |
| 0.73 | ALK | Alaska Air Group Financial Report 23rd of July 2024 | PairCorr |
| 0.73 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Southwest Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southwest Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southwest Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southwest Airlines to buy it.
The correlation of Southwest Airlines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southwest Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southwest Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southwest Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Southwest Airlines Correlation against competitors. For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Southwest Stock analysis
When running Southwest Airlines' price analysis, check to measure Southwest Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.
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Is Southwest Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southwest Airlines. If investors know Southwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southwest Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Dividend Share 0.72 | Earnings Share 0.64 | Revenue Per Share 44.841 | Quarterly Revenue Growth 0.109 |
The market value of Southwest Airlines is measured differently than its book value, which is the value of Southwest that is recorded on the company's balance sheet. Investors also form their own opinion of Southwest Airlines' value that differs from its market value or its book value, called intrinsic value, which is Southwest Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southwest Airlines' market value can be influenced by many factors that don't directly affect Southwest Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southwest Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southwest Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southwest Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.