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StockVS

NYSE · Airlines · USD

Southwest Airlines Co. (LUV) Stock Analysis

Southwest Airlines Co. (LUV) is a Airlines stock listed on NYSE and quoted in US Dollar.

LUV

$39.62

+$0.89 (+2.30%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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LUV Key Statistics

As of Sep 4, 2026
Trading
Open
$38.75
Previous Close
$38.73
Day's Range
38.70–39.76
52-Week Range
29.26–55.11
Volume
5.47M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.12
Valuation
Market Cap
$19.38B
P/E Ratio
24.76
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
8.21
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.17
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.64
EPS (ttm)Profit attributable to each share over the last twelve months.
1.60
Financials (FY)
Revenue (FY)
$28.06B+2.11%
Net Income (FY)
$441.00M−5.16%
Profit marginThe share of revenue left as profit after all costs and taxes.
2.78%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
489.21M
1-Year Return
+28.98%
Dividend and dates
Dividend
$0.72+1.86%
Ex-Dividend Date
September 3, 2026
Earnings Date
October 21, 2026
Avg Volume
5.62M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

LUV Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−3.30%
2025+25.62%
2024+19.11%
2023−11.82%
2022−21.41%
2021−8.09%
2020−13.32%
2019+17.72%
2018−28.21%
2017+32.40%
2016 (partial year)+33.73%

As of September 4, 2026.

LUV Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$28.06B$441.00M1.6%
2024$27.48B$465.00M1.7%
2023$26.09B$465.00M1.8%
2022$23.81B$539.00M2.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$28.06B$4.90B$428.00M$441.00M1.6%
2024$27.48B$4.46B$321.00M$465.00M1.7%
2023$26.09B$4.22B$224.00M$465.00M1.8%
2022$23.81B$4.75B$1.02B$539.00M2.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

LUV Dividend History

$0.72+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.543—
2025$0.724+0.0%
2024$0.724−20.0%
2023$0.905—
YearDividends per sharePaymentsChange
2026 (partial year)$0.543—
2025$0.724+0.0%
2024$0.724−20.0%
2023$0.905—
2020$0.181−74.3%
2019$0.704+15.7%
2018$0.614+27.4%
2017$0.484+375.0%
2016$0.101—

Most recent payment: $0.18 per share, ex-dividend September 3, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

LUV Valuation vs Airlines Median

Median of 22 stocks
MetricLUVAirlines medianvs median
P/E24.7613.1289% above
P/S ratio0.640.5712% above
Profit margin2.78%3.54%0.8 pts below

Medians across 22 Airlines stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Southwest Airlines Co. (LUV) is capitalised at $19.38B on the latest close. The company sits in the Industrials sector, in the Airlines industry. Headcount on file is 73,456.

Over the past 52 weeks the price has ranged from $29.26 to $55.11. LUV last closed at $39.62 on September 4, 2026. That is +$0.89 (+2.30%) against the previous close. The latest close sits 35.41% above that 52-week low.

Financial Health

In fiscal 2025, Southwest Airlines Co. reported revenue of $28.06B. Against the prior fiscal year total of $27.48B, that is a change of +2.11%. Net income for the same year was $441.00M. That is −5.16% against the prior fiscal year. The reported profit margin is 2.78%. That is 0.8 percentage points below the Airlines median of 3.54%. Earnings per share on a trailing basis come to 1.6.

Across the 4 fiscal years on file, revenue moves from $23.81B in 2022 to $28.06B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 24.76. That is 88.72% above the Airlines median of 13.12. The forward P/E on file is 8.21. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.17. The price-to-sales ratio is 0.64. On price-to-sales that is 12.15% above the Airlines median of 0.57. 22 Airlines companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +28.98%. Measured over 10 years, that is +1.93% a year compounded. Beta against the wider market is reported at 1.12. Annualized volatility over the trailing 10 years is 37.71%.

Growth & Income

The trailing dividend yield is 1.86%. At the indicated rate that is $0.72 a share a year. The ex-dividend date on file is September 3, 2026. Dividends are recorded for 9 calendar years; 2026 shows 3 payments totalling $0.54 a share. The year before, 2025, totalled $0.72 a share.

So far in 2026 the price is −3.30%. The strongest complete calendar year on file is 2017 at +32.40%; the weakest is 2018 at −28.21%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Southwest Airlines Co. (LUV) operates in the Airlines industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Southwest Airlines Co. LUV $19.38B 24.8
Delta Air Lines, Inc. DAL $52.72B 13.1
United Airlines Holdings, Inc. UAL $36.15B 10.4
Ryanair Holdings plc RYAAY $28.70B 13.2

The Airlines industry average P/E ratio is 13.1x. Southwest Airlines Co. trades at a P/E of 24.8.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Southwest Airlines Co.

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.

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