LUV — SOUTHWEST AIRLINES CO

NYSE · Industrials · Airlines · CIK 92380 ·
Last close
$45.08
Market Cap
$22.03B
52W High
$53.13
52W Low
$36.76
ADV30
6,550,071
Next earnings
2026-10-21
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally. It also provides Rapid Rewards loyalty program; SWABIZ, an online booking tool; and inflight entertainment platform that includes movies-on-demand live and on-demand television, flight tracker, and additional curated content, as well as a variety of premium snacks and coffee. In addition, the company offers ancillary services, such as in-flight purchases, baggage fees, EarlyBird Check-In, and upgraded boarding, as well as transportation of pets and unaccompanied minors. As of December 31, 2025, the company operated a total fleet of 803 Boeing 737 aircraft; and served 117 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026
Mar 2026 7,249,000,000 1,367,000,000 330,000,000 227,000,000 29,355,000,000 3,328,000,000 22,480,000,000
Dec 2025 7,442,000,000 1,512,000,000 391,000,000 323,000,000 29,061,000,000 3,231,000,000 21,080,000,000
Sep 2025 6,949,000,000 1,158,000,000 35,000,000 54,000,000 28,312,000,000 2,902,000,000 20,536,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$2,401,000,000
Investing CF
$-2,497,000,000
Financing CF
$-4,710,000,000
CapEx
$-2,802,000,000
Dividends Paid
$-385,000,000
Buybacks
$-3,050,000,000
EPS Diluted TTM
$1.55
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$16,526,000,000
Inventory
$833,000,000
Receivables
$1,254,000,000
ST Investments
EBIT TTM
$1,162,000,000
Pretax Income TTM
$1,041,000,000
Interest Exp TTM
$121,000,000
Analysts
23

Yahoo Snapshot (yfinance, live)

Total Revenue
$30,072,999,936
EBITDA
$2,337,999,872
Free Cash Flow
$-834,750,016
Enterprise Value
$24,961,189,888
Total Cash
$3,791,000,064
Total Debt
$6,888,999,936
Shares Out
488,773,713
Trailing EPS
$1.60
Book Value
$14.48
ROE
11.1%
ROA
2.3%
Div Yield
1.61%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 28,063,000,000 428,000,000 441,000,000 29,061,000,000 21,080,000,000 1,842,000,000
Dec 2024 27,483,000,000 321,000,000 465,000,000 33,750,000,000 23,400,000,000 462,000,000
Dec 2023 26,091,000,000 224,000,000 465,000,000 36,487,000,000 25,972,000,000 3,164,000,000
Dec 2022 23,814,000,000 1,017,000,000 539,000,000 35,369,000,000 24,682,000,000 3,790,000,000

TTM Snapshot

Revenues TTM
$24,294,000,000
NetIncome TTM
$983,000,000
OpCashFlow TTM
$0
Assets (Latest)
$33,750,000,000
Forward EPS
$4.93

Max Pain — expiry 2026-08-21

max pain strike: $49.00 · spot: $45.08 · call oi: 7,584 · put oi: 3,626
Expected Move to 2026-08-21: ±$4.27 (9.48%) — implied range $40.80$49.35 · ATM straddle on $45.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
FDXF FedEx Freight Holding Company, Inc. $23.53B $158.00
RYAAY RYANAIR HOLDINGS PLC $29.52B $56.85
RYAOF RYANAIR HOLDINGS PLC $30.71B $29.57
LTM LATAM AIRLINES GROUP S.A. $14.40B $50.15
UAL United Airlines Holdings, Inc. $38.39B $118.27

News headlines (Yahoo Finance, 1h cache)

Billionaire Investor Paul Singer’s Top 5 Picks: Are They a Buy Now?
2026-07-24 17:29 · Yahoo
Southwest hits milestone with its rewards program
2026-07-24 14:47 · Yahoo
Southwest Airlines chartered ship to move jet fuel to California
2026-07-24 12:47 · Yahoo
Southwest Airlines Q2 Earnings Call Highlights
2026-07-23 21:07 · Yahoo
Southwest Airlines Co (LUV) Q2 2026 Earnings Call Highlights: Record Revenues and Strong ...
2026-07-23 21:04 · Yahoo
Southwest Airlines Q2 Earnings Beat Estimates on Record Revenue Growth
2026-07-23 17:25 · Yahoo
Southwest (LUV) Upgraded to Buy: What Does It Mean for the Stock?
2026-07-23 16:00 · Yahoo
Jobless Claims Come in Decades Low
2026-07-23 15:25 · Yahoo
Oil Prices Dampen Mostly Strong Q2 Earnings
2026-07-23 14:53 · Yahoo
Southwest Airlines shares fall as weak Q3 outlook overshadows earnings beat
2026-07-23 13:52 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.