Southwest Airlines Company monthly returns
Southwest Airlines Company has averaged 1.34% per month, positive in 54% of months. Month-by-month returns for Southwest Airlines Company (LUV) below, through November 4, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Southwest Airlines Company monthly returns#
| Month | Path | Total return |
|---|---|---|
| Nov 2026 | +9.4% | |
| Oct 2026 | +1.9% | |
| Sep 2026 | +8.6% | |
| Aug 2026 | -14.3% | |
| Jul 2026 | -12.4% | |
| Jun 2026 | +20.0% | |
| May 2026 | +13.3% | |
| Apr 2026 | +0.9% | |
| Mar 2026 | -23.4% | |
| Feb 2026 | +3.7% | |
| Jan 2026 | +15.0% | |
| Dec 2025 | +19.2% | |
| Nov 2025 | +14.9% | |
| Oct 2025 | -5.0% | |
| Sep 2025 | -2.5% | |
| Aug 2025 | +6.4% | |
| Jul 2025 | -4.7% | |
| Jun 2025 | -2.3% | |
| May 2025 | +19.4% | |
| Apr 2025 | -16.7% | |
| Mar 2025 | +8.8% | |
| Feb 2025 | +1.1% | |
| Jan 2025 | -8.7% | |
| Dec 2024 | +4.4% | |
| Nov 2024 | +5.8% | |
| Oct 2024 | +3.2% | |
| Sep 2024 | +3.1% | |
| Aug 2024 | +7.3% | |
| Jul 2024 | -5.8% | |
| Jun 2024 | +7.3% | |
| May 2024 | +3.5% | |
| Apr 2024 | -11.1% | |
| Mar 2024 | -14.4% | |
| Feb 2024 | +14.7% | |
| Jan 2024 | +3.5% | |
| Dec 2023 | +13.6% | |
| Nov 2023 | +15.0% | |
| Oct 2023 | -17.9% | |
| Sep 2023 | -13.8% | |
| Aug 2023 | -7.5% | |
| Jul 2023 | -5.7% | |
| Jun 2023 | +21.9% | |
| May 2023 | -1.4% | |
| Apr 2023 | -6.9% | |
| Mar 2023 | -2.6% | |
| Feb 2023 | -6.1% | |
| Jan 2023 | +6.8% | |
| Dec 2022 | -15.6% | |
| Nov 2022 | +9.8% | |
| Oct 2022 | +17.9% | |
| Sep 2022 | -16.0% | |
| Aug 2022 | -3.7% | |
| Jul 2022 | +5.5% | |
| Jun 2022 | -21.2% | |
| May 2022 | -1.8% | |
| Apr 2022 | +2.0% | |
| Mar 2022 | +4.6% | |
| Feb 2022 | -2.1% | |
| Jan 2022 | +4.5% | |
| Dec 2021 | -3.5% | |
| Nov 2021 | -6.1% | |
| Oct 2021 | -8.1% | |
| Sep 2021 | +3.3% | |
| Aug 2021 | -1.5% | |
| Jul 2021 | -4.8% | |
| Jun 2021 | -13.6% | |
| May 2021 | -2.1% | |
| Apr 2021 | +2.8% | |
| Mar 2021 | +5.0% | |
| Feb 2021 | +32.3% | |
| Jan 2021 | -5.7% | |
| Dec 2020 | +0.6% | |
| Nov 2020 | +17.2% | |
| Oct 2020 | +5.4% | |
| Sep 2020 | -0.2% | |
| Aug 2020 | +21.7% | |
| Jul 2020 | -9.6% | |
| Jun 2020 | +6.5% | |
| May 2020 | +2.7% | |
| Apr 2020 | -12.2% | |
| Mar 2020 | -22.6% | |
| Feb 2020 | -16.0% | |
| Jan 2020 | +1.9% | |
| Dec 2019 | -6.0% | |
| Nov 2019 | +2.7% | |
| Oct 2019 | +3.9% | |
| Sep 2019 | +3.2% | |
| Aug 2019 | +1.9% | |
| Jul 2019 | +1.5% | |
| Jun 2019 | +7.1% | |
| May 2019 | -12.2% | |
| Apr 2019 | +4.5% | |
| Mar 2019 | -7.1% | |
| Feb 2019 | -1.3% | |
| Jan 2019 | +22.1% | |
| Dec 2018 | -14.6% | |
| Nov 2018 | +11.2% | |
| Oct 2018 | -21.4% | |
| Sep 2018 | +1.9% | |
| Aug 2018 | +5.7% | |
| Jul 2018 | +14.3% | |
| Jun 2018 | -0.1% | |
| May 2018 | -3.3% | |
| Apr 2018 | -7.8% | |
| Mar 2018 | -0.8% | |
| Feb 2018 | -4.9% | |
| Jan 2018 | -7.1% | |
| Dec 2017 | +8.1% | |
| Nov 2017 | +12.6% | |
| Oct 2017 | -3.8% | |
| Sep 2017 | +7.4% | |
| Aug 2017 | -5.9% | |
| Jul 2017 | -10.7% | |
| Jun 2017 | +3.6% | |
| May 2017 | +6.9% | |
| Apr 2017 | +4.6% | |
| Mar 2017 | -6.8% | |
| Feb 2017 | +10.5% | |
| Jan 2017 | +5.0% | |
| Dec 2016 | +7.2% |
Monthly total return (since Dec 2021)#
Southwest Airlines Company returns by calendar month#
Every month of every year since 1981, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
November 2026 so far: +9.40% — 20th of 46 Novembers since 1981 at the last close; the average November returned +5.6%.
| Month | −35%0+35% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +3.1% | +2.2% | 57% | +35.0% 1991 | -18.4% 2009 | |
| Feb | +2.8% | +2.3% | 59% | +32.3% 2021 | -19.7% 1984 | |
| Mar | +1.2% | +2.0% | 57% | +19.5% 1981 | -23.4% 2026 | |
| Apr | -0.0% | +0.5% | 52% | +29.4% 1995 | -16.7% 2025 | |
| May | +1.3% | -0.5% | 48% | +19.4% 2025 | -12.2% 2019 | |
| Jun | +1.4% | +1.0% | 52% | +21.9% 2023 | -21.2% 2022 | |
| Jul | +0.9% | +2.3% | 54% | +24.8% 2000 | -26.8% 1981 | |
| Aug | -2.0% | -3.4% | 35% | +21.7% 2020 | -18.8% 1998 | |
| Sep | +0.1% | +0.0% | 48% | +18.3% 2010 | -17.3% 1990 | |
| Oct | +1.6% | +3.6% | 65% | +21.8% 1990 | -22.0% 1987 | |
| Nov | +5.6% | +5.8% | 67% | +25.0% 1995 | -26.6% 2008 | |
| Dec | +0.0% | +0.0% | 49% | +24.3% 2009 | -20.7% 1994 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from LUV's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Southwest Airlines Company's average monthly return?
- Southwest Airlines Company (LUV) has averaged about 1.34% per month, positive in roughly 54% of months. The best month was Jan 1991 (+35.0%) and the worst was Jul 1981 (-26.8%).
