---
schema_version: "secwatch.filing_event.v1"
accession: "0000092380-24-000145"
form_type: "8-K"
ticker: "LUV"
cik: "0000092380"
company_name: "SOUTHWEST AIRLINES CO"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:52:18.167162+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southwest Q3 net income $67M ($0.11 EPS); record revenue $6.9B; launches $250M buyback

## Summary
- Diluted EPS $0.11; adjusted EPS $0.15; operating revenues $6.9B, up 5.3% YoY.
- Announced $250M accelerated share repurchase under $2.5B authorization.
- Q4 guidance: RASM up 3.5-5.5%, CASM-X up 11-13%, capacity down ~4% YoY.
- ROIC target of at least 15% by 2027; cost savings plan on track for $500M run rate in 2027.
- Ended Q3 with $9.4B cash and $1.4B net cash position; 811 aircraft at quarter-end.

## SEC filing metadata
- accession: 0000092380-24-000145
- form_type: 8-K
- ticker: LUV
- cik: 0000092380
- company_name: SOUTHWEST AIRLINES CO
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92380/000009238024000145/0000092380-24-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92380/000009238024000145/luv-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-24-000145
- JSON: https://secwatch.observer/filing/0000092380-24-000145.json
- Plain text: https://secwatch.observer/filing/0000092380-24-000145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.