[mamta]

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Hello sir, my brother is doing job in Southwest Airlines Co. he is looking for Effective tax rates. Will you please give me Southwest Airlines Effective Tax Rate?

[prince karak]

The Southwest Airlines is a major U.S. airline headquartered in Dallas, Texas, and the world's largest low-cost carrier.

Company's effective tax rate in III Quarter increased compare to previous quarter to 36.41 %, below company's average Effective Tax Rate.

While total ranking remained unchanged compare to previous quarter at no. .

Southwest Airlines Effective Tax Rate:

LUV Effective Tax Rate (Sep 30 2017)
III. Quarter (Jun 30 2017) II. Quarter (Mar 31 2017) I. Quarter (Dec 31 2016) IV. Quarter (Sep 30 2016) III. Quarter
Y / Y Pre-Tax Income Change 27.99 % -10.28 % -32.23 % -4.37 % -33.76 %
Y / Y Income taxes expenses / -benefit Change 25.22 % -12.4 % -33.77 % -8.39 % -34.1 %

Effective Tax Rate:
36.41 % 36.24 % 36.53 % 35.11 % 37.22 %
Effective Tax Rate Total Ranking
# 1725 # 1645 # 1641 # 1470 # 1764
Seq. Pre-Tax Income Change -32.39 % 111.57 % -31.64 % 30.91 % -52.61 %
Seq. Income taxes expenses / -benefit Change -32.08 % 109.9 % -28.87 % 23.48 % -52.48 %

Visit an official site of Southwest Airlines:



Company overview:

Revenue
US$ 20.4 billion

Operating income
US$ 3.8 billion

Net income
US$ 2.2 billion

Total assets
US$ 23.3 billion

Total equity
US$ 8.4 billion

Employees
55,671