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Southwest Airlines(NYSE) LUV

Market Cap$20.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1975)+211,193%
5 Year-5%
1 Year+34%
1 Month+2%
Premium Feature
Moneyball Superscore
65/100
$41.75
-0.67%
-0.28Today
After hours$41.73-$0.02 (-0.05%)
Southwest Airlines last closing stock price
MetricPriceDate
Last closeUSD 41.752026-10-23
Southwest Airlines stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+5.7%USD 39.502026-10-16
1 month+1.73%USD 41.042026-09-23
3 month-6.95%USD 44.872026-07-24
Year to date+2.37%USD 40.782025-12-31
1 year+34.27%USD 31.102025-10-23
3 year+86.23%USD 22.422023-10-24
5 year-4.52%USD 43.732021-10-22
Since inception+211,192.91%USD 0.021975-10-24

Southwest Airlines Financials at a Glance

Market Cap

$20.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$31.55B

Net Income (TTM)

$1.05B

EPS (TTM)

$2.09

P/E Ratio

19.95

Dividend

$0.72

Beta (Volatility)

1.13 (Average)

Price

$41.75

Volume

8,211,147.038

Open

$41.01

Previous Close

$41.75

Daily Range

$40.22 - $41.81

52-Week Range

$29.26 - $55.11

Estimated Earnings Date

Jan 27, 2027

LUV News

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Southwest Airlines: 3 Key Takeaways for Long-Term Investors

The Motley Fool TeamOct 22, 2026
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Why Southwest Stock Dropped Today

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Page 1

LUV: Motley Fool Moneyball Superscore

65

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About Southwest Airlines

Southwest Airlines NYSE:LUV flies people to many different cities. It helps travelers reach destinations in North and Central America. Simple services make air travel easier for everyone.

What Southwest Offers Travelers

  • Air Travel: Scheduled passenger flights across 42 U.S. states and 10 international countries.
  • Loyalty Rewards: Rapid Rewards program allows members to earn points for every dollar spent on fares.
  • Ancillary Services: Extra features including EarlyBird Check-In, preferred boarding, and pet transportation.
  • Premium Seating: Assigned seating and extra legroom options designed to attract more customers.

Modernizing the Flying Experience

  • Integrated assigned and extra legroom seating into operations on Jan. 27, 2026.
  • Formed strategic partnerships with 11 carriers including TAP Air Portugal and LOT Polish Airlines since Feb. 13, 2025.
  • Announced the first-ever Southwest Icon Lounge network on Sept. 2, 2026.
  • Updated the Rapid Rewards program on Oct. 15, 2026, to include a new three-tier membership structure.

A Focused Fleet Strategy

Southwest maintains a uniform fleet of Boeing 737 aircraft to simplify maintenance and employee training. The company uses a domestic network that connects to global locations through newer airline partnerships. These recent changes include a shift toward premium seating and airport lounges to improve the passenger experience.

Looking at the Recent Results

  • Total operating revenues reached a record $8.4 billion in the three months ended Sept. 30, 2026, up 21.2% year over year.
  • Net income was $270 million in the three months ended Sept. 30, 2026, compared to $54 million in the same period in 2025.
  • Operating expenses per available seat mile, or the cost to fly one seat one mile, rose 16.8% to 17.72 cents in the third quarter of 2026.
  • Unrestricted cash and investments totaled $3.6 billion as of Sept. 30, 2026.

Final Thoughts

Southwest has transitioned from its original low-cost model to include premium seating and airport lounges. This evolution helps the company compete for a wider range of travelers while maintaining its core operational efficiency.

AI Generated • Oct 23, 2026

Industry

Airlines

Sector

Industrials

Employees

73,092

CEO

Robert E. Jordan, MBA

Website

www.southwest.com

Headquarters

Dallas, TX 75235-1611, US

LUV Financials

Key Financial Metrics (TTM)

Gross Margin

55.70%

Operating Margin

4.39%

Net Income Margin

3.34%

Return on Equity

14.39%

Return on Capital

3.07%

Return on Assets

3.45%

Earnings Yield

5.01%

Dividend Yield

1.72%

Payout Ratio

33.90%

Stock Overview

Market Cap

$20.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

489.21M

Volume

8.21M

Avg. Volume

5.67M

Financials (TTM)

Gross Profit

$17.57B

Operating Income

$1.39B

EBITDA

$3.03B

Operating Cash Flow

$2.59B

Capital Expenditure

-$3.31B

Free Cash Flow

-$725.00M

Cash & ST Invst.

$3.62B

Total Debt

$6.87B

Southwest Airlines Performance Analysis

Southwest Airlines annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 23,814,000,00050.8%
20232023-12-31USD 26,091,000,0009.6%
20242024-12-31USD 27,483,000,0005.3%
20252025-12-31USD 28,063,000,0002.1%
Southwest Airlines sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-12-317.1%
Q12026-03-31-2.6%
Q22026-06-3016.3%
Q32026-09-30-0.1%
Southwest Airlines annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.84-47.7%
20232023-12-31USD 0.73-13.5%
20242024-12-31USD 0.753.8%
20252025-12-31USD 0.795.0%
Southwest Airlines sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-12-31510.0%
Q12026-03-31-26.2%
Q22026-06-304.4%
Q32026-09-3017.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$8.42B

+21.2%

Gross Profit

$379.00M

-67.3%

Gross Margin

4.50%

N/A

Market Cap

$20.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$279.43K

N/A

Employees

73,092

N/A

Net Income

$270.00M

+400.0%

EBITDA

$810.00M

+67.4%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$3.62B

+20.1%

Total Debt

$6.87B

+30.7%

Accounts Receivable

$1.31B

+17.4%

Inventory

$997.00M

+25.9%

Long Term Debt

$4.44B

-9.8%

Short Term Debt

$2.43B

+630.0%

Return on Assets

3.45%

N/A

Return on Invested Capital

8.24%

N/A

Free Cash Flow

-$495.00M

-26.6%

Operating Cash Flow

$511.00M

+78.0%

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Questions About LUV

What is the current price of Southwest Airlines?

Southwest Airlines is trading at $41.75 per share.

What is the 52-week range for Southwest Airlines?

Over the past 52 weeks, Southwest Airlines has traded between $29.26 and $55.11.

How much debt does Southwest Airlines have?

As of the most recent reporting period, Southwest Airlines reported total debt of $6.87B.

How much cash does Southwest Airlines have on hand?

Southwest Airlines reported $3.42B in cash and cash equivalents in its most recent financial results.

What is Southwest Airlines’s dividend yield?

Southwest Airlines currently has a dividend yield of 1.72%.

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