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Investor Relations

First Quarter 2016 Results

33.4%

$0.88

$567M

$952M

$596M

$1.2B

$3.6B

714

80.5%

[1] 1 – Return on invested capital (ROIC), before taxes and excluding special items, for the 12 months that ended on the last day of the quarter shown. Refer to the corresponding quarterly earnings release for the calculation of ROIC. x [2] 2 – Excluding special items. Refer to the corresponding quarterly earnings release for the reconciliation of reported amounts to non-GAAP items. x [3] 3 – Through payments of cash dividends and the repurchase of common stock. x [4] 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. x [5] 5 – As of the last day of the quarter shown. x

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Upcoming Event

21 Jul 2016

Q2 2016 Southwest Airlines Financial Results Conference Call

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