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Southwest Airlines (LUV) Tax Provisions (2016 - 2025)

Southwest Airlines (LUV) has disclosed Tax Provisions for 6 consecutive years, with $30.0 million as the latest value for Q1 2021.

  • For the quarter ending Q1 2021, Tax Provisions rose 160.0% year-over-year to $30.0 million, compared with a TTM value of -$1.1 billion through Mar 2021, down 324.9%, and an annual FY2025 reading of $122.0 million, down 8.27% over the prior year.
  • Tax Provisions was $30.0 million for Q1 2021 at Southwest Airlines, up from -$423.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $227.0 million in Q2 2019 and bottomed at -$423.0 million in Q4 2020.
  • Average Tax Provisions over 3 years is -$55.0 million, with a median of $30.0 million recorded in 2021.
  • The sharpest move saw Tax Provisions plummeted 376.47% in 2020, then surged 160.0% in 2021.
  • Year by year, Tax Provisions stood at $153.0 million in 2019, then tumbled by 376.47% to -$423.0 million in 2020, then surged by 107.09% to $30.0 million in 2021.
  • Business Quant data shows Tax Provisions for LUV at $30.0 million in Q1 2021, -$423.0 million in Q4 2020, and -$385.0 million in Q3 2020.