Southwest Airlines (LUV) Non Operating Interest Expenses (2019 - 2024)

Southwest Airlines (LUV) has reported Non Operating Interest Expenses for 6 consecutive years, with $65.0 million the latest figure, recorded in Q1 2024.

• Quarterly Non Operating Interest Expenses fell 1.52% year-over-year to $65.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $259.0 million (down 17.25% YoY) and the FY2023 annual result came in at $259.0 million, down 23.82% from the prior year.
• Non Operating Interest Expenses slipped to $65.0 million in Q1 2024 per LUV's latest filing, from $66.0 million in the prior quarter.
• Over the last five years, Non Operating Interest Expenses for LUV reached as high as $124.0 million in Q4 2021 and fell as low as $28.0 million in Q1 2020.
• A 5-year average of $87.2 million and a median of $93.0 million in 2022 frame the typical range for Non Operating Interest Expenses.
• Annual changes were most pronounced in 2020 — Non Operating Interest Expenses jumped 307.14% — and 2022, when it plunged 45.16%.
• Year by year, Non Operating Interest Expenses stood at $114.0 million in 2020, then advanced by 8.77% to $124.0 million in 2021, then tumbled by 45.16% to $68.0 million in 2022, then fell by 2.94% to $66.0 million in 2023, then retreated by 1.52% to $65.0 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $65.0 million, $66.0 million, and $63.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.