Southwest Airlines Co.
Southwest Airlines Co.
Your view on LUV
Overview
What the company does, where it operates, and who runs it.
About Southwest Airlines Co.
- Industry
- Airlines, Airports & Air Services
- Sector
- Industrials
- CEO
- Robert E. Jordan
- Headquarters
- PO Box 36611, Dallas, TX, US
- Industry
- Airlines, Airports & Air Services
- Sector
- Industrials
- CEO
- Robert E. Jordan
- Headquarters
- PO Box 36611, Dallas, TX, US
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, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.
It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares.
In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors.
The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Stock Data
Price chart, volume, and trading data.
What moved it
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for Southwest Airlines Co. from FRC's valuation model, read against the market price. LUV last traded at $44.94, 21.4× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for Southwest Airlines Co.. Starting points for Southwest Airlines Co.: P/E 21.4, EPS $2.15, beta 1.22 — an Airlines, Airports & Air Services name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for Southwest Airlines Co.. Southwest Airlines Co. paid $0.72 per share over the last year — a 1.6% yield at the current $44.94 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for Southwest Airlines Co.. Trailing twelve-month EPS for Southwest Airlines Co. stands at $2.15. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Wall Street Analyst Estimates
Analysts' price targets, ratings, and revenue and EPS estimates.
Price targets, ratings and estimates published by outside analysts. Not FRC research, not a recommendation, and not the FRC Fair Value: that is FRC's proprietary model, built on the cash a company generates.
Current price
—
live quote
Analysts' target
$49.13
average of 16 firms, last 12 months
Analyst Ratings
- Strong Buy0
- Buy8
- Hold8
- Sell2
- Strong Sell0
Earnings Estimate
| EPS | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $0.70 | $0.37 | $2.76 | $4.04 |
| Low estimate | $0.62 | $0.31 | $2.62 | $3.00 |
| High estimate | $0.78 | $0.49 | $2.94 | $6.44 |
| No. of analysts | 14 | 8 | 13 | 15 |
| Year-ago EPS | $0.58 | $0.45 | $0.791 | — |
| Growth | +21.0% | -17.4% | — | — |
1Year-ago EPS includes one-time items; growth not shown.
Revenue Estimate
| Revenue | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $9.23B | $8.38B | $33.49B | $35.91B |
| Low estimate | $8.71B | $7.47B | $33.01B | $33.63B |
| High estimate | $9.38B | $9.17B | $33.66B | $38.20B |
| No. of analysts | 12 | 6 | 14 | 18 |
| Year-ago revenue | $7.44B | $7.25B | $28.06B | — |
| Growth | +24.0% | +15.6% | +19.3% | — |
Source: Wall Street analysts' published price targets, ratings and estimates, compiled by Financial Modeling Prep from StreetInsider, Benzinga, Pulse 2.0, MarketWatch; as of Nov 14, 2026. Not FRC research or a recommendation.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for Southwest Airlines Co.. Southwest Airlines Co. has reported as a listed company since 1980. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Peer companies
Market cap
- AALAmerican Airlines Group Inc.Airlines, Airports & Air Services$8.7B
- ALGTAllegiant Travel CompanyAirlines, Airports & Air Services$2.5B
- ALKAlaska Air Group, Inc.Airlines, Airports & Air Services$4.3B
- AZULAzul S.A.Airlines, Airports & Air Services$829M
- DALDelta Air Lines, Inc.Airlines, Airports & Air Services$56.7B
- JBLUJetBlue Airways CorporationAirlines, Airports & Air Services$1.4B
- RYAAYRyanair Holdings plcAirlines, Airports & Air Services$29.9B
- UALUnited Airlines Holdings, Inc.Airlines, Airports & Air Services$35.5B
ETFs holding Southwest Airlines Co.
% of the fund
- VTIVanguard Total Stock Market ETF$689.2B in assets0.03%
- VOOVanguard S&P 500 ETF$1.0T in assets0.03%
- PVALPutnam Focused Large Cap Value ETF$15.5B in assets2.37%
- XUU.TOiShares Core S&P U.S. Total Market Index ETF$4.6B in assets0.03%
- JETSU.S. Global Jets ETF$882M in assets12.09%
- XTNState Street SPDR S&P Transportation ETF$222M in assets3.30%
- IYTiShares U.S. Transportation ETF$2.1B in assets2.95%
- WTVWisdomTree U.S. Value Fund$3.3B in assets1.60%
Largest holders first, then the funds most concentrated in LUV.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold Southwest Airlines Co., and how their positions are changing. At a $22.00B market value, institutional positions materially move Southwest Airlines Co.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by Southwest Airlines Co. executives and directors. Shares of Southwest Airlines Co. have traded between $23.82 and $37.96 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
About this section
U.S. Senate disclosures naming Southwest Airlines Co.. Southwest Airlines Co. is a $22.00B Industrials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
About this section
U.S. House of Representatives disclosures naming Southwest Airlines Co.. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for Southwest Airlines Co.. Coverage tracks Southwest Airlines Co. within Airlines, Airports & Air Services (Industrials). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
No comments yet
Be the first to ask a question or say what you make of Southwest Airlines Co.