Southwest Airlines (LUV) Restructuring Costs (2010 - 2015)
Southwest Airlines' (LUV) quarterly Restructuring Costs came in at $7.0 million in Q4 2015, down 85.42% on a YoY basis from $48.0 million in Q4 2014, and up 16.67% quarter-over-quarter from $6.0 million in Q3 2015.
Analysis
Southwest Airlines (LUV) Restructuring Costs (2010 - 2015) Analysis & Trends
Southwest Airlines (LUV) has reported Restructuring Costs for 6 consecutive years, with $7.0 million the latest figure, recorded in Q4 2015.
- For the quarter ending Q4 2015, Restructuring Costs fell 85.42% year-over-year to $7.0 million; the trailing twelve-month figure through Sep 2016 stood at $7.0 million (down 91.25% YoY), and the FY2015 full-year result was $39.0 million, down 69.05% from the prior year.
- Restructuring Costs rose to $7.0 million in Q4 2015 per LUV's latest filing, from $6.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $145.0 million in Q3 2012 and bottomed at $3.0 million in Q2 2015.
- Historically, Restructuring Costs has averaged $28.6 million across 5 years, with a median of $21.0 million in 2011.
- The sharpest annual moves came in 2011 and 2015: Restructuring Costs jumped 2100.0% in 2011, then plunged 92.11% in 2015.
- Over 5 years, Restructuring Costs stood at $37.0 million in 2011, then sank by 59.46% to $15.0 million in 2012, then soared by 33.33% to $20.0 million in 2013, then soared by 140.0% to $48.0 million in 2014, then plunged by 85.42% to $7.0 million in 2015.
- According to Business Quant data, Restructuring Costs over the past three periods registered $7.0 million, $6.0 million, and $3.0 million for Q4 2015, Q3 2015, and Q2 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2015 | 7.00 Mn |
| Sep 30, 2015 | 6.00 Mn |
| Jun 30, 2015 | 3.00 Mn |
| Mar 31, 2015 | 23.00 Mn |
| Dec 31, 2014 | 48.00 Mn |
| Sep 30, 2014 | 23.00 Mn |
| Jun 30, 2014 | 38.00 Mn |
| Mar 31, 2014 | 18.00 Mn |
| Dec 31, 2013 | 20.00 Mn |
| Sep 30, 2013 | 28.00 Mn |
| Jun 30, 2013 | 26.00 Mn |
| Mar 31, 2013 | 13.00 Mn |
| Dec 31, 2012 | 15.00 Mn |
| Sep 30, 2012 | 145.00 Mn |
| Jun 30, 2012 | 11.00 Mn |
| Mar 31, 2012 | 13.00 Mn |
| Dec 31, 2011 | 37.00 Mn |
| Sep 30, 2011 | 22.00 Mn |
| Jun 30, 2011 | 58.00 Mn |
| Mar 31, 2011 | 17.00 Mn |