SOUTHWEST AIRLINES CO
LUVNYSE · SIC 4512
$48.08
↓ -2.7%Jul 17 close · end-of-day
Price
1Y↑ +30.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$24.2B
Enterprise Value
$26.2B
P/E
32.1
P/S
0.8
P/B
3.5
EV/EBITDA
10.3
PEG
—
FCF Yield
—
Dividend Yield
1.5%
Revenue (TTM)
$28.9B
Net Income (TTM)
$817.0M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
3.4%
Net Margin
2.8%
ROE
11.9%
ROIC
8.6%
Debt / Equity
0.8
Net Cash
-$2.1B
Return 1Y
+34.3%
Company profile
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico.
- CEO
- Robert E. Jordan
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Transportation
- Employees
- 66,700
- Headquarters
- Texas
- Website
- southwest.com
Management & directors
- Doxey TomEVP, Chief Financial Officer
- Roach AnthonyEVP Customer & Brand
- Jones JustinEVP Operations
- Jordan Robert ECEO & President
- Martinez Jimmy RyanPrincipal Accounting Officer
- Watterson Andrew MChief Operating Officer
- Woods Lauren TauscherEVP & CIO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-22
LUV Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$7.2B↑ +12.8%
Diluted EPS$0.45↓ -273.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $9.0B | $15.8B | $23.8B | $26.1B | $27.5B | $28.1B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$3.8B | $1.7B | $1.0B | $224.0M | $321.0M | $428.0M |
| Net income | -$3.1B | $977.0M | $539.0M | $465.0M | $465.0M | $441.0M |
| Diluted EPS | -$5.44 | $1.61 | $0.87 | $0.76 | $0.76 | $0.79 |
| Operating cash flow | -$1.1B | $2.3B | $3.8B | $3.2B | $462.0M | $1.8B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -42.2% | 10.9% | 4.3% | 0.9% | 1.2% | 1.5% |
| Net margin | -34.0% | 6.2% | 2.3% | 1.8% | 1.7% | 1.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.4B | $6.9B | $6.9B | $6.4B | $7.2B | $6.9B | $7.4B | $7.2B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $398.0M | $38.0M | $278.0M | -$223.0M | $225.0M | $35.0M | $391.0M | $330.0M |
| Net income | $367.0M | $67.0M | $262.0M | -$149.0M | $213.0M | $54.0M | $323.0M | $227.0M |
| Diluted EPS | $0.58 | $0.11 | $0.46 | -$0.26 | $0.39 | $0.10 | $0.56 | $0.45 |
| Operating cash flow | -$23.0M | $113.0M | $476.0M | $860.0M | $401.0M | $287.0M | $294.0M | $1.4B |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 5.4% | 0.6% | 4.0% | -3.5% | 3.1% | 0.5% | 5.3% | 4.6% |
| Net margin | 5.0% | 1.0% | 3.8% | -2.3% | 2.9% | 0.8% | 4.3% | 3.1% |
Company news
Jul 19, 2026
Jul 18, 2026
Jul 17, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-07 | Breber Pierre R | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | BROOKS DOUGLAS H | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Feinberg Sarah | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | FORNARO ROBERT L | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Grissen David | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Hess David P | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Reynolds Christopher P. | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Watson Patricia A | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-05-07 | Atherton Lisa M | Award | 4,108 | $0.00 | $0.00 | filing |
| 2026-04-07 | Atherton Lisa M | Sale | 118 | $37.95 | $4,478.10 | filing |
| 2026-03-21 | Doxey Tom· EVP, Chief Financial Officer | Tax withholding | 11,447 | $39.41 | $451,126.27 | filing |
| 2026-03-21 | Roach Anthony· EVP Customer & Brand | Tax withholding | 2,179 | $39.41 | $85,874.39 | filing |
| 2026-03-16 | Martinez Jimmy Ryan· Principal Accounting Officer | Award | 7,294 | $0.00 | $0.00 | filing |
| 2026-03-16 | Jordan Robert E· CEO & President | Award | 92,867 | $0.00 | $0.00 | filing |
| 2026-03-16 | Watterson Andrew M· Chief Operating Officer | Award | 35,092 | $0.00 | $0.00 | filing |
| 2026-03-16 | Woods Lauren Tauscher· EVP & CIO | Award | 18,950 | $0.00 | $0.00 | filing |
| 2026-03-16 | Jones Justin· EVP Operations | Award | 23,863 | $0.00 | $0.00 | filing |
| 2026-03-16 | Doxey Tom· EVP, Chief Financial Officer | Award | 28,199 | $0.00 | $0.00 | filing |
| 2026-03-16 | Roach Anthony· EVP Customer & Brand | Award | 22,058 | $0.00 | $0.00 | filing |
| 2026-02-21 | Jordan Robert E· CEO & President | Tax withholding | 38,742 | $52.09 | $2.0M | filing |
| 2026-02-21 | Watterson Andrew M· Chief Operating Officer | Tax withholding | 17,942 | $52.09 | $934,598.78 | filing |
| 2026-02-21 | Jones Justin· EVP Operations | Tax withholding | 8,507 | $52.09 | $443,129.63 | filing |
| 2026-02-21 | Woods Lauren Tauscher· EVP & CIO | Tax withholding | 4,585 | $52.09 | $238,832.65 | filing |
| 2026-02-21 | Roach Anthony· EVP Customer & Brand | Tax withholding | 3,658 | $52.09 | $190,545.22 | filing |
| 2026-02-21 | Martinez Jimmy Ryan· Principal Accounting Officer | Tax withholding | 2,755 | $52.09 | $143,507.95 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.