Revenue Showdown: 3M Company vs Southwest Airlines Co.

3M vs Southwest: A Decade of Revenue Trends

__timestamp3M CompanySouthwest Airlines Co.
Wednesday, January 1, 20143182100000018605000000
Thursday, January 1, 20153027400000019820000000
Friday, January 1, 20163010900000020425000000
Sunday, January 1, 20173165700000021171000000
Monday, January 1, 20183276500000021965000000
Tuesday, January 1, 20193213600000022428000000
Wednesday, January 1, 2020321840000009048000000
Friday, January 1, 20213535500000015790000000
Saturday, January 1, 20223422900000023814000000
Sunday, January 1, 20233268100000026091000000
Monday, January 1, 20242457500000027483000000
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In pursuit of knowledge

Revenue Showdown: 3M Company vs Southwest Airlines Co.

In the ever-evolving landscape of American industry, two giants stand out: 3M Company and Southwest Airlines Co. Over the past decade, these companies have navigated economic shifts, technological advancements, and global challenges. From 2014 to 2023, 3M consistently outperformed Southwest Airlines in revenue, with 3M's revenue peaking in 2021 at approximately 35% higher than its 2014 figures. Meanwhile, Southwest Airlines experienced a significant dip in 2020, with revenues plummeting by over 55% compared to the previous year, reflecting the pandemic's impact on the travel industry. However, by 2023, Southwest rebounded impressively, achieving a 40% increase from its 2020 low. This data not only highlights the resilience and adaptability of these companies but also underscores the broader economic trends affecting their respective sectors. As we look to the future, the question remains: how will these titans continue to adapt and thrive?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025