SOUTHWEST AIRLINES CO Quarterly Income Tax Expense (Benefit) in USD from Q1 2010 to Q4 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Southwest Airlines Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q1 2010 to Q4 2024.
  • Southwest Airlines Co Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $67M.
  • Southwest Airlines Co Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $133M, a 20.8% decline year-over-year.
  • Southwest Airlines Co annual Income Tax Expense (Benefit) for 2024 was $133M, a 20.8% decline from 2023.
  • Southwest Airlines Co annual Income Tax Expense (Benefit) for 2023 was $168M, a 11.1% decline from 2022.
  • Southwest Airlines Co annual Income Tax Expense (Benefit) for 2022 was $189M, a 45.7% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q4 2024 $133M $67M +$100M Oct 1, 2024 Dec 31, 2024 10-K 2025-02-07
Q3 2024 $33M $22M -$22M -50% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-28
Q2 2024 $55M $111M -$92M -45.3% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-29
Q1 2024 $147M -$67M -$21M -45.7% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-26
Q4 2023 $168M -$33M +$32M +49.2% Oct 1, 2023 Dec 31, 2023 10-K 2025-02-07
Q3 2023 $136M $44M -$32M -42.1% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-28
Q2 2023 $168M $203M -$73M -26.4% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-29
Q1 2023 $241M -$46M +$52M +53.1% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-26
Q4 2022 $189M -$65M -$75M -750% Oct 1, 2022 Dec 31, 2022 10-K 2025-02-07
Q3 2022 $264M $76M -$78M -50.6% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-30
Q2 2022 $342M $276M +$122M +79.2% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-28
Q1 2022 $220M -$98M -$128M -427% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-28
Q4 2021 $348M $10M +$433M Oct 1, 2021 Dec 31, 2021 10-K 2024-02-06
Q3 2021 -$85M $154M +$539M Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-31
Q2 2021 -$624M $154M +$478M Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-02
Q1 2021 -$1.1B $30M +$80M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-02
Q4 2020 -$1.18B -$423M -$576M -376% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-07
Q3 2020 -$606M -$385M -$545M -341% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-26
Q2 2020 -$61M -$324M -$551M -243% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-27
Q1 2020 $490M -$50M -$167M -143% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-27
Q4 2019 $657M $153M -$9M -5.56% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-07
Q3 2019 $666M $160M -$11M -6.43% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-27
Q2 2019 $677M $227M $0 0% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-27
Q1 2019 $677M $117M -$22M -15.8% Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-28
Q4 2018 $699M $162M +$1.17B Oct 1, 2018 Dec 31, 2018 10-K 2021-02-08
Q3 2018 -$474M $171M -$133M -43.8% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-08
Q2 2018 -$341M $227M -$195M -46.2% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-30
Q1 2018 -$146M $139M -$54M -28% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-30
Q4 2017 -$92M -$1.01B -$1.26B -504% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-04
Q3 2017 $1.17B $304M +$74M +32.2% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-30
Q2 2017 $1.1B $422M -$62M -12.8% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-01
Q1 2017 $1.16B $193M -$110M -36.3% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-01
Q4 2016 $1.27B $250M -$60M -19.4% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-05
Q3 2016 $1.33B $230M -$119M -34.1% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-01
Q2 2016 $1.45B $484M +$115M +31.2% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-01
Q1 2016 $1.33B $303M +$33M +12.2% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-03
Q4 2015 $1.3B $310M +$199M +179% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-07
Q3 2015 $1.1B $349M +$153M +78.1% Jul 1, 2015 Sep 30, 2015 10-Q 2016-10-31
Q2 2015 $946M $369M +$88M +31.3% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-28
Q1 2015 $858M $270M +$178M +193% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-29
Q4 2014 $680M $111M -$10M -8.26% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-07
Q3 2014 $690M $196M +$36M +22.5% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-29
Q2 2014 $654M $281M +$142M +102% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-31
Q1 2014 $512M $92M +$57M +163% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-30
Q4 2013 $455M $121M +$75M +163% Oct 1, 2013 Dec 31, 2013 10-K 2016-02-03
Q3 2013 $380M $160M +$143M +841% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-29
Q2 2013 $237M $139M -$1M -0.71% Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-30
Q1 2013 $238M $35M -$26M -42.6% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-01
Q4 2012 $264M $46M -$58M -55.8% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-06
Q3 2012 $322M $17M +$103M Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-30
Q2 2012 $219M $140M +$26M +22.8% Apr 1, 2012 Jun 30, 2012 10-Q 2013-07-31
Q1 2012 $193M $61M +$48M +369% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-02
Q4 2011 $145M $104M -$49M -32% Oct 1, 2011 Dec 31, 2011 10-K 2014-02-04
Q3 2011 $194M -$86M -$213M -168% Jul 1, 2011 Sep 30, 2011 10-Q 2012-10-26
Q2 2011 $407M $114M +$114M Apr 1, 2011 Jun 30, 2011 10-Q 2012-07-27
Q1 2011 $293M $13M +$7M +117% Jan 1, 2011 Mar 31, 2011 10-Q 2012-04-25
Q4 2010 $286M $153M Oct 1, 2010 Dec 31, 2010 10-K 2013-02-07
Q3 2010 $127M Jul 1, 2010 Sep 30, 2010 10-Q/A 2011-11-08
Q2 2010 $72.00* Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-05
Q1 2010 $6M Jan 1, 2010 Mar 31, 2010 10-Q 2011-04-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.