GeminIQ

LUV

SOUTHWEST AIRLINES CO
$39.15previous close on: 9/16/2026

Company Information

Company Name
SOUTHWEST AIRLINES CO
CIK
CIK0000092380
Category
Large accelerated filer
Ticker: Exchange
LUV: NYSE
Fiscal Year End
December 31
Owner Organization
01 Energy & Transportation
SIC
4512
SIC Description
Air Transportation, Scheduled
Ticker
LUV

SEC filing data through

Insider Sentiment

Last purchase
2025-08-06
Last sale
2026-04-07
Shares purchased (TTM)
26,015
Shares sold (TTM)
8,203
Buy ratio (TTM)76.0%

Institutional Sentiment

As of
2026-03-31
Institutional shares owned
413,115,165
Shares outstanding
498,000,000
Ownership
82.95%
-2.16% Y/Y

Earnings Market Reaction

Filing date
2026-07-23
Price on filing date
—
1-month reaction
Pending
3-month reaction
Pending
Drift continued8/11 (73%)
Faded / reversed3/11 (27%)
Export data

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value3,7913,3283,2312,9023,4758,1347,5098,5038,1428,3679,2889,497
Short Term Investments--01163641181,2168791,8602,1452,1862,236
Accounts And Other Receivables Net Current1,2181,2541,1491,1181,0131,0781,1101,1771,3461,3541,1541,467
Airline Related Inventory917833775792773786800770784812807799
Prepaid Expense And Other Assets Current556554490467467618639601619603520632
Assets Current6,4825,9695,6455,3956,09210,73411,27411,93012,75113,28113,95514,631
Property Plant And Equipment Net
Flight Equipment Gross26,19826,25426,29326,00925,85825,34525,20226,39426,27426,13126,06025,724
Property Plant And Equipment Other9,4859,3179,1638,7768,6568,4748,2447,9557,7047,5007,4607,344
Deposits On Flight Equipment616494401402221344413428466395236345
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization------33,947---33,818-
Property Plant And Equipment Gross36,38736,15335,94535,27534,82334,25133,94734,86434,52134,097-33,464
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment15,74515,77715,70015,57015,42215,09414,89115,09114,85614,536-14,389
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization------14,891---14,443-
Property Plant And Equipment Net20,64220,37620,24519,70519,40119,15719,05619,77319,66519,561-19,075
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization------19,056---19,375-
Goodwill970970970970970970970970970970970970
Operating Lease Right Of Use Asset9531,0191,0891,1691,2431,3031,3691,1011,1321,1821,2231,288
Other Assets Noncurrent1,0751,0211,1121,0731,0061,0481,0811,0731,0451,0249641,016
Assets30,12229,35529,06128,31228,71233,21233,75034,84735,56336,01836,48736,980
Liabilities Current
Accounts Payable Current2,0722,1141,9911,7081,8111,9251,8181,5182,0281,9491,8621,736
Accrued Liabilities Current2,2472,1702,3492,0912,0401,9782,2062,0961,8702,4003,6062,880
Operating Lease Liability Current283300312310323331328202198206208220
Contract With Customer Liability Current6,5107,0495,9456,8626,6967,0596,2946,7437,0867,6426,5517,246
Long Term Debt And Capital Lease Obligations Current2,15685132423222,6081,6302,9302,931282930
Liabilities Current13,26812,48410,92110,99410,89213,90112,27613,48914,11312,22512,25612,112
Long Term Debt And Capital Lease Obligations3,7904,5364,5774,0794,0814,0865,0695,0755,0657,9747,9787,984
Contract With Customer Liability Noncurrent1,6741,2011,2191,2631,6001,8431,9481,9571,9901,7521,7281,754
Deferred Income Tax Liabilities Net2,4212,3532,2892,2102,1862,1242,1672,0942,0891,9812,0442,157
Operating Lease Liability Noncurrent6607097688469159701,0318889159539851,039
Other Liabilities Noncurrent1,2271,1971,3061,1441,038923909933926937981880
Stockholders Equity
Common Stock Value888888888888888888888888888888888888
Additional Paid In Capital Common Stock4,2944,2604,3224,2834,2474,2104,1994,1804,1514,1384,1534,135
Retained Earnings Accumulated Deficit16,67216,52616,38816,15816,19916,08016,33216,17816,21815,95916,29716,657
Accumulated Other Comprehensive Income Loss Net Of Tax22-1-24-6-35-24-25-3711190201
Treasury Stock Common Value-14,794-14,798-13,593-13,547-13,299-11,789-11,044-10,798-10,803-10,808-10,823-10,827
Stockholders Equity7,0826,8757,9817,7768,0009,36510,35010,41110,46510,19610,51511,054
Liabilities And Stockholders Equity30,12229,35529,06128,31228,71233,21233,75034,84735,56336,01836,48736,980
Common Stock Par Or Stated Value Per Share--1.00---1.00---1.00-
Common Stock Shares Authorized--2,000---2,000---2,000-
Common Stock Shares Issued--888---888---888-
Treasury Stock Common Shares--373---295---292-

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SOUTHWEST AIRLINES CO (LUV) — SEC Financial Statements & Analysis

SOUTHWEST AIRLINES CO (LUV) is a air transportation, scheduled company, incorporated in TX. SOUTHWEST AIRLINES CO trades on NYSE as: LUV. SOUTHWEST AIRLINES CO (LUV)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23. Based on that filing, SOUTHWEST AIRLINES CO carries a market cap of $25.14B, a P/E ratio of 30.04x, a P/B ratio of 3.55x, a P/S ratio of 0.84x, an enterprise value of $27.30B, and an EV/EBITDA multiple of 10.48x. On profitability, it posts a gross margin of 55.46%, an operating margin of 3.46%, a net margin of 2.78%, a Return on Equity (ROE) of 11.10%, a Return on Assets (ROA) of 2.85%, and a Return on Invested Capital (ROIC) of 8.60%. Per share, it reports EPS of $1.71, diluted EPS of $1.70, free cash flow per share of $-0.83, and a dividend per share of $0.76. Over the trailing year, it posted revenue growth of 9.46% year-over-year, net income growth of 112.98% year-over-year, and EPS growth of 134.32% year-over-year. On the balance sheet, it maintains a current ratio of 0.49x, a quick ratio of 0.45x, working capital of $-6.79B, a debt-to-equity ratio of 1.87x, a debt ratio of 0.44, an interest coverage ratio of 5.21x, free cash flow of $-405.00M (TTM), and net debt of $2.15B. Figures sourced from SEC EDGAR.

Market Cap
$25.14B
P/E TTM
30.04x
EPS TTM
$1.71
P/B TTM
3.55x
ROE TTM
11.10%
ROA TTM
2.85%
Debt To Equity
1.87x
Free Cash Flow TTM
$-405.00M
Net Revenue TTM Growth 1Y
9.46%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is SOUTHWEST AIRLINES CO in?

SOUTHWEST AIRLINES CO (LUV) operates in the Air Transportation, Scheduled industry.

What exchange does LUV trade on?

SOUTHWEST AIRLINES CO (LUV) trades on the NYSE.

Where is SOUTHWEST AIRLINES CO incorporated?

SOUTHWEST AIRLINES CO is incorporated in TX.

When was SOUTHWEST AIRLINES CO (LUV)'s most recent SEC filing?

SOUTHWEST AIRLINES CO (LUV)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23.

What is LUV's market cap?

SOUTHWEST AIRLINES CO (LUV) has a market capitalization of $25.14B as of 2026-06-30.

What is LUV's P/E ratio?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month P/E ratio is 30.04x as of 2026-06-30.

What is LUV's EPS (earnings per share)?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month EPS is $1.71 as of 2026-06-30.

What is LUV's ROE (return on equity)?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month Return on Equity (ROE) is 11.10% as of 2026-06-30.

What is LUV's ROA (return on assets)?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month Return on Assets (ROA) is 2.85% as of 2026-06-30.

What is LUV's ROIC (return on invested capital)?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month Return on Invested Capital (ROIC) is 8.60% as of 2026-06-30.

What is LUV's EV/EBITDA?

SOUTHWEST AIRLINES CO (LUV)'s trailing twelve month EV/EBITDA is 10.48x as of 2026-06-30.

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