2016 Annual Report
2016 One Report
Without a Heart, it’s just a machine.
First Quarter 2017 Results
Returns to Shareholders3
Free cash flow4
Cash and short-term investments5
1 – Return on invested capital (ROIC), before taxes and excluding special items, for the 12 months that ended on the last day of the period shown. Refer to the corresponding quarterly earnings release for the calculation of ROIC.
2 – Excluding special items. Refer to the corresponding quarterly earnings release for the reconciliation of reported amounts to non-GAAP items.
3 – Through payments of cash dividends and the repurchase of common stock.
4 – Refer to the corresponding quarterly earnings release for the components of free cash flow, which are included in the note regarding the use of non-GAAP financial measures.
5 – As of the last day of the period shown.
Southwest Airlines' Rapid Rewards Program Sweeps the 29th Annual Freddie Awards
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This website contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on, and include statements about, the Company’s beliefs, intentions, expectations, and strategies for the future. Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as "plans," "believes," "expects," "anticipates," "may," "could," "intends," "goal," "will," "should," and similar expressions and variations thereof. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed in or indicated by the Company’s forward-looking statements. Factors that could cause these differences include, but are not limited to, the factors described under the heading "Risk Factors" in the Company's most recent Annual Report on Form 10-K and in other filings, and as described in the press releases and other materials contained on this website. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events, or developments, except as required by federal securities laws.