A Decade of Revenue: RTX Corporation vs. Southwest Airlines Co.

In the ever-evolving landscape of American business, RTX Corporation and Southwest Airlines Co. have been pivotal players. Over the past decade, RTX Corporation has consistently outpaced Southwest Airlines in annual revenue. From 2014 to 2023, RTX's revenue grew by approximately 25%, peaking at an impressive $80.7 billion in 2024. In contrast, Southwest Airlines saw a more modest growth of around 40% from 2014 to 2023, reaching $26.1 billion in 2023.

The Pandemic Impact

The COVID-19 pandemic in 2020 marked a significant downturn for both companies. Southwest Airlines' revenue plummeted by over 50%, while RTX experienced a 27% decline. However, both companies demonstrated resilience, with revenues rebounding in subsequent years.

Looking Ahead

As we move into 2024, RTX Corporation's revenue continues to soar, while Southwest Airlines' data for 2024 remains to be seen. This comparison highlights the dynamic nature of these industries and their ability to adapt and thrive.