LUV — Southwest Airlines Company price, chart and key statistics

Price data

Price

$40.98

Change YTD

-0.85%

Next earnings

Oct 28, 2026

Market cap

20B2016-09 23.9B2026-09 20B-16.3% over the window

Enterprise value

23.4B

Shares outstanding

489.2M2016-06 620.2M2026-06 489.2M-21.1% over the window

52W low

$29.26

52W high

$55.11

From 52W high

-25.64%

From 52W low

+40.05%

52W range

45%

Beta

1.14

Volume

Rel volume

2.83×

30D volume

5M

30D $ vol

202.6M

Fundamentals

Sales (ttm)

30.1B2016-06 20.5B2026-06 30.1B+46.7% over the window

Sales/share

$61.472016-06 $33.062026-06 $61.47+85.9% over the window

EPS (ttm)

$1.592016-06 $3.772026-06 $1.59-57.7% over the window

FCF (ttm)

-455M2016-06 1.9B2026-06 -455M-123.4% over the window

FCF/share

-$0.932016-06 $3.142026-06 -$0.93-129.6% over the window

Book value/share

$14.482016-06 $12.612026-06 $14.48+14.8% over the window

Net margin

2.78%2016-06 12.0%2026-06 2.8%-76.7% over the window

ROE

11.82%2016-06 31.4%2026-06 11.8%-62.3% over the window

ROA

2.78%2016-06 10.9%2026-06 2.8%-74.6% over the window

Debt / equity

0.54×2016-06 0.312026-06 0.54+75.1% over the window

Current ratio

0.492016-06 0.572026-06 0.49-14.4% over the window

Growth (CAGR, ttm) · 10Y

Sales

+9.47%2025-06-30 → 2026-06-3027.5B → 30.1B (+9.5% total)+6.16%2023-06-30 → 2026-06-3025.1B → 30.1B (+19.6% total)+24.97%2021-06-30 → 2026-06-309.9B → 30.1B (+204.8% total)+3.90%2016-06-30 → 2026-06-3020.5B → 30.1B (+46.7% total)

Net income

+113.63%2025-06-30 → 2026-06-30392M → 837M (+113.5% total)+12.94%2023-06-30 → 2026-06-30581M → 837M (+44.1% total)n/a-10.20%2016-06-30 → 2026-06-302.5B → 837M (-65.9% total)

Shares

-6.86%2025-06-30 → 2026-06-30525.2M → 489.2M (-6.9% total)-6.35%2023-06-30 → 2026-06-30595.6M → 489.2M (-17.9% total)-3.73%2021-06-30 → 2026-06-30591.6M → 489.2M (-17.3% total)-2.35%2016-06-30 → 2026-06-30620.2M → 489.2M (-21.1% total)

Per-share growth (CAGR, ttm) · 10Y

EPS

+140.90%2025-06-30 → 2026-06-30$0.66 → $1.59 (+140.8% total)+19.85%2023-06-30 → 2026-06-30$0.93 → $1.59 (+72.2% total)n/a-8.25%2016-06-30 → 2026-06-30$3.77 → $1.59 (-57.7% total)

Sales/share

+17.53%2025-06-30 → 2026-06-30$52.31 → $61.47 (+17.5% total)+13.36%2023-06-30 → 2026-06-30$42.20 → $61.47 (+45.7% total)+29.82%2021-06-30 → 2026-06-30$16.68 → $61.47 (+268.6% total)+6.40%2016-06-30 → 2026-06-30$33.06 → $61.47 (+85.9% total)

Book value/share

-4.97%2025-06-30 → 2026-06-30$15.23 → $14.48 (-5.0% total)-7.20%2023-06-30 → 2026-06-30$18.11 → $14.48 (-20.1% total)-2.43%2021-06-30 → 2026-06-30$16.37 → $14.48 (-11.6% total)+1.39%2016-06-30 → 2026-06-30$12.61 → $14.48 (+14.8% total)

Dividend/share

+0.00%2025-06-30 → 2026-06-30$0.72 → $0.72 (+0.0% total)+26.07%2023-06-30 → 2026-06-30$0.36 → $0.72 (+100.4% total)+0.00%2020-12-31 → 2026-06-30$0.72 → $0.72 (+0.0% total)+8.28%2016-06-30 → 2026-06-30$0.32 → $0.72 (+121.5% total)

Price

+27.01%2025-09-18 → 2026-09-18$32.27 → $40.98 (+27.0% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+12.11%2023-09-18 → 2026-09-18$29.08 → $40.98 (+40.9% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.-3.54%2021-09-17 → 2026-09-18$49.08 → $40.98 (-16.5% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+1.14%2016-09-16 → 2026-09-18$36.59 → $40.98 (+12.0% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.

Total return

+29.28%2025-09-18 → 2026-09-18$31.70 → $40.98 (+29.3% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+14.53%2023-09-18 → 2026-09-18$27.28 → $40.98 (+50.2% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.-1.88%2021-09-17 → 2026-09-18$45.06 → $40.98 (-9.1% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+2.40%2016-09-16 → 2026-09-18$32.32 → $40.98 (+26.8% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.

25.7×2016-09 10.612026-09 23.95+125.8% over the window

P/OI (ttm)Price ÷ TTM operating income. Excludes the below-the-line items that make P/E jump — mark-to-market gains, settlements, tax true-ups.

19.3×2016-09 6.072026-09 19.26+217.0% over the window

Fwd P/E

8.4×

P/S (ttm)Market cap ÷ TTM revenue.

0.7×2016-09 1.182026-09 0.67-43.4% over the window

P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.

2.8×2016-09 2.982026-09 2.83-4.8% over the window

EV/EBITDA (fy)

9.0×

EV/Sales (ttm)

0.8×

FCF yield (ttm)TTM free cash flow ÷ market cap — the inverse of P/FCF.

-2.27%2016-06 8.1%2026-06 -1.8%-122.3% over the window

Dividend yield (fwd)Indicated forward annual dividend ÷ current price — the rate the company has announced, not what was actually paid over the past year.

1.76%

Dividend/share (fwd)

$0.72

Buyback yield (realized, 1y)1 − shares_at(2026-06-30) ÷ shares_at(2025-06-30) = 1 − 489.2M ÷ 525.2M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.

6.86%

Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (6.86%) + dividends paid over that year ($370M) ÷ market_cap_at(2025-06-30) ($17B). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.

9.03%

Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($1.6B) ÷ today's market cap ($20B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.

7.73%2016-06 7.1%2026-06 6.2%-13.1% over the window

Shareholder yield (cash, ttm)(TTM buybacks net of issuance $1.6B + TTM dividends $370M) ÷ today's market cap ($20B). Same caveat as the cash buyback yield.

9.58%2016-06 8.0%2026-06 7.6%-4.1% over the window

Vs own 10Y history

P/E

49th

P/OI

57th

P/S

17th

P/B

57th

P/FCF

91st