LUV - Southwest Airlines Co Stock Price, Fair Value and News

27.18USD+0.18 (+0.67%)Market Closed

Market Summary

USD27.18+0.18

Market Closed

0.67%

LUV Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

LUV Stock Price

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LUV RSI Chart

LUV Valuation

Market Cap

16.3B

Price/Earnings (Trailing)

50.28

Price/Sales (Trailing)

0.61

EV/EBITDA

6.81

Price/Free Cashflow

6.91

LUV Price/Sales (Trailing)

LUV Profitability

EBT Margin

2.02%

Return on Equity

3.89%

Return on Assets

1.1%

Free Cashflow Yield

14.47%

LUV Fundamentals

LUV Revenue

Revenue (TTM)

26.7B

Rev. Growth (Yr)

10.92%

Rev. Growth (Qtr)

-7.24%

LUV Earnings

Earnings (TTM)

397.0M

Earnings Growth (Yr)

-45.28%

Earnings Growth (Qtr)

-26.58%

Breaking Down LUV Revenue

Last 7 days

5.9%

Last 30 days

-5.1%

Last 90 days

-15.9%

Trailing 12 Months

-8.3%

How does LUV drawdown profile look like?

LUV Financial Health

Current Ratio

1.09

Debt/Equity

0.78

Debt/Cashflow

0.3

LUV Investor Care

Dividend Yield

0.66%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

0.63

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	26.7B	0	0	0
2023	24.8B	25.1B	25.4B	26.1B
2022	18.4B	21.2B	22.7B	23.8B
2021	6.9B	9.9B	12.8B	15.8B
2020	21.5B	16.6B	12.8B	9.0B
2019	22.2B	22.3B	22.4B	22.4B
2018	21.2B	21.2B	21.5B	22.0B
2017	20.5B	20.8B	21.0B	21.1B
2016	20.2B	20.5B	20.3B	20.4B
2015	18.9B	19.0B	19.5B	19.8B
2014	17.8B	18.1B	18.4B	18.6B
2013	17.2B	17.2B	17.4B	17.7B
2012	16.5B	17.0B	17.0B	17.1B
2011	12.0B	13.5B	14.7B	15.7B
2010	10.6B	0	11.2B	11.6B
2009	10.9B	10.6B	10.4B	10.4B
2008	10.2B	10.4B	10.7B	11.0B
2007	0	0	0	9.9B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Southwest Airlines Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	kelly gary c	gifted	-	-	-120,133	executive chairman
Apr 30, 2024	kelly gary c	gifted	-	-	90,759	executive chairman
Apr 30, 2024	kelly gary c	gifted	-	-	12,864	executive chairman
Apr 30, 2024	kelly gary c	gifted	-	-	16,510	executive chairman
Feb 21, 2024	jones justin	sold (taxes)	-79,891	34.54	-2,313	evp operations
Feb 21, 2024	green ryan c.	sold (taxes)	-179,850	34.54	-5,207	evp & chief commercial officer
Feb 21, 2024	watterson andrew m	sold (taxes)	-761,123	34.54	-22,036	chief operating officer
Feb 21, 2024	jordan robert e	sold (taxes)	-918,868	34.54	-26,603	ceo & president
Feb 21, 2024	kelly gary c	sold (taxes)	-1,024,420	34.54	-29,659	executive chairman
Feb 21, 2024	shaw mark r	sold (taxes)	-766,235	34.54	-22,184	evp & clro

Which funds bought or sold LUV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Arizona State Retirement System	added	0.16	14,555	1,196,500	0.01%
May 07, 2024	CarsonAllaria Wealth Management, Ltd.	added	1.3	415	18,195	0.01%
May 07, 2024	SEI INVESTMENTS CO	reduced	-8.56	-2,350,270	28,670,500	0.04%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	3,269	3,269	-%
May 07, 2024	OPPENHEIMER & CO INC	reduced	-33.69	-933,753	1,897,730	0.03%
May 07, 2024	Williams Jones Wealth Management, LLC.	reduced	-0.38	25,982	3,806,200	0.05%
May 07, 2024	O'Dell Group, LLC	sold off	-100	-17,452	-	-%
May 07, 2024	Cornerstone Planning Group LLC	sold off	-100	-1,473	-	-%
May 07, 2024	SYNTAX RESEARCH, INC.	unchanged	-	43.00	4,029	-%
May 07, 2024	Concurrent Investment Advisors, LLC	reduced	-4.78	-22,559	577,360	0.02%

Are Funds Buying or Selling LUV?

Are funds buying LUV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LUV

No. of Funds

Unveiling Southwest Airlines Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	capital world investors	10.0%	59,789,401	SC 13G/A
Feb 13, 2024	vanguard group inc	10.97%	65,421,331	SC 13G/A
Feb 12, 2024	primecap management co/ca/	8.29%	49,444,947	SC 13G/A
Feb 09, 2024	capital world investors	9.0%	53,569,646	SC 13G
Jan 31, 2024	blackrock inc.	5.5%	32,943,061	SC 13G/A
Jan 30, 2024	state street corp	6.82%	40,639,399	SC 13G/A
Feb 13, 2023	blackrock inc.	6.0%	35,569,761	SC 13G/A
Feb 10, 2023	state street corp	6.72%	39,920,188	SC 13G/A
Feb 09, 2023	primecap management co/ca/	8.79%	52,198,099	SC 13G/A
Feb 09, 2023	vanguard group inc	11.05%	65,581,138	SC 13G/A

Recent SEC filings of Southwest Airlines Co

View All Filings

Date Filed	Form Type	Document
May 02, 2024	4	Insider Trading
May 01, 2024	8-K	Current Report
Apr 26, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Mar 12, 2024	8-K	Current Report
Mar 08, 2024	SC 13G/A	Major Ownership Report
Feb 23, 2024	4	Insider Trading

Peers (Alternatives to Southwest Airlines Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	33.7B	59.0B	11.25%	52.92%	6.74	0.57	9.34%	164.26%
UAL	17.4B	54.8B	22.40%	14.34%	6.48	0.32	12.31%	40.00%
LUV	16.3B	26.7B	-5.13%	-8.27%	50.28	0.61	7.60%	-43.44%
MID-CAP
AAL	9.5B	53.2B	3.74%	-0.35%	18.92	0.18	1.74%	-71.78%
ALK	5.5B	10.5B	1.71%	-1.34%	22.43	0.53	2.96%	315.25%
JBLU	1.9B	9.5B	-19.20%	-18.97%	-2.32	0.2	-2.60%	-178.93%
SMALL-CAP
ALGT	971.4M	2.5B	-19.27%	-48.98%	8.26	0.39	9.04%	4617.05%
ATSG	957.6M	2.1B	13.02%	-7.07%	15.87	0.46	1.23%	-69.62%
HA	681.8M	2.7B	-1.05%	60.56%	-2.27	0.25	-0.99%	-46.20%
SAVE	372.3M	5.3B	-27.97%	-78.47%	-0.77	0.07	-3.17%	-4.93%
MESA	37.3M	498.1M	3.41%	-55.83%	-0.27	0.07	-6.20%	34.25%

Southwest Airlines Co News

Latest updates

Southwest Airlines Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.2%	6,329	6,823	6,525	7,037	5,706	6,172	6,220	6,728	4,694	5,051	4,679	4,008	2,052	2,013	1,793	1,008	4,234	5,729	5,639	5,909	5,149
Operating Expenses	-7.0%	6,722	7,227	6,408	6,242	5,990	6,557	5,825	5,570	4,845	4,856	3,946	3,414	1,853	3,181	3,204	2,135	4,344	5,066	4,820	4,941	4,644
EBITDA Margin	-4.4%	0.09*	0.09*	0.09*	0.10*	0.10*	0.10*	0.12*	0.14*	0.13*	0.19*	0.12*	-0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-80.9%	18.00	94.00	19.00	96.00	19.00	102	42.00	141	20.00	148	22.00	150	17.00	151	7.00	40.00	14.00	29.00	11.00	33.00	15.00
Income Taxes	-100.0%	-67.00	-33.50	44.00	203	-46.00	-65.00	76.00	276	-98.00	10.00	154	154	30.00	-423	-385	-324	-50.00	153	160	227	117
Earnings Before Taxes	-4.4%	-298	-285	237	886	-205	-285	353	1,036	-376	77.00	600	502	146	-1,331	-1,542	-1,239	-144	666	819	968	504
EBT Margin	-16.7%	0.02*	0.02*	0.02*	0.03*	0.04*	0.03*	0.05*	0.06*	0.04*	0.08*	-0.01*	-0.23*	-	-	-	-	-	-	-	-	-
Net Income	-26.6%	-231	-182	193	544	-159	-220	277	674	225	-62.50	446	544	180	-908	-1,157	-859	-219	514	659	741	387
Net Income Margin	20.4%	0.01*	0.01*	0.01*	0.01*	0.02*	0.04*	0.05*	0.06*	0.06*	0.07*	0.02*	-0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	-124.4%	-104	426	164	964	254	127	-218	1,454	619	-205	-1,027	1,553	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.3%	36,018	36,487	36,980	36,519	35,546	35,369	35,946	38,302	37,262	36,320	37,110	38,206	35,493	34,588	35,605	35,596	26,885	25,895	26,467	26,374	26,459
Current Assets	-4.8%	13,281	13,955	14,631	14,661	14,274	14,808	16,418	19,396	18,822	18,036	18,554	19,188	16,100	15,173	16,133	15,872	7,028	5,974	5,650	5,554	5,483
Cash Equivalents	-9.9%	8,367	9,288	9,497	9,158	8,359	9,492	10,443	13,234	13,098	12,480	12,980	14,124	11,971	11,063	12,109	12,351	3,940	2,548	2,488	2,446	2,344
Net PPE	1.0%	19,561	19,375	19,075	18,596	18,024	17,342	16,337	15,594	14,937	14,842	15,056	15,242	15,648	15,831	16,056	16,247	16,989	17,025	17,842	17,733	17,773
Goodwill	0%	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970	970
Current Liabilities	-0.3%	12,225	12,256	12,112	11,728	11,329	10,378	10,416	11,711	10,069	9,164	9,135	12,476	8,182	7,506	7,804	9,361	10,241	8,952	8,629	8,611	8,723
Long Term Debt	-0.1%	7,974	7,978	7,984	7,994	7,999	8,046	8,315	8,877	10,309	10,274	11,013	9,188	10,546	10,111	10,135	8,905	2,288	1,846	2,398	2,449	2,602
Shareholder's Equity	-3.0%	10,196	10,515	11,054	10,789	10,302	10,687	10,924	11,120	10,417	10,414	10,250	9,688	9,093	8,876	9,769	10,878	9,075	9,832	9,931	9,940	9,791
Retained Earnings	-2.1%	15,959	16,297	16,657	16,571	15,995	16,261	16,588	16,311	15,551	15,774	15,706	15,260	14,912	14,777	15,685	16,842	17,757	17,945	17,525	16,962	16,320
Additional Paid-In Capital	-0.4%	4,138	4,153	4,135	4,103	4,058	4,037	3,989	3,966	3,940	4,224	4,251	4,269	4,220	4,191	4,175	4,159	1,582	1,581	1,554	1,534	1,513
Accumulated Depreciation	0.6%	14,536	14,443	14,389	14,159	13,878	13,642	13,501	13,216	12,945	12,732	12,496	12,199	11,733	11,743	11,443	11,164	10,912	10,688	10,445	10,164	9,875
Shares Outstanding	-	597	-	595	595	594	-	593	593	592	-	591	591	591	-	-	-	-	-	-	-	-
Float	-	-	-	-	21,499	-	-	-	21,358	-	-	-	31,305	-	-	-	20,095	-	-	-	27,212	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-124.4%	-104	426	616	1,416	706	579	234	1,906	1,071	247	-575	2,005	645	-596	-1,050	897	-377	825	1,091	966	1,105
Cashflow From Investing	11.9%	-585	-664	-64.00	-627	-1,577	-932	-1,120	-1,555	-139	-182	-412	-469	-201	91.00	-434	332	-5.00	144	-359	-252	164
Cashflow From Financing	-886.4%	-232	30.00	-213	10.00	-262	-597	-1,905	-215	-314	-564	-157	617	464	-540	1,242	7,182	1,774	-908	-690	-612	-779
Dividend Payments	-	215	-	214	-	214	-	-	-	-	-	-	-	-	-	-	-	188	-	96.00	98.00	178
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	451	550	500	450	500

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LUV Income Statement

2024-03-31

Condensed Consolidated Statement of Comprehensive Loss - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
OPERATING REVENUES:
Total operating revenues	$ 6,329	$ 5,706
OPERATING EXPENSES:
Salaries, wages, and benefits	2,940	2,478
Fuel and oil	1,531	1,547
Maintenance materials and repairs	361	240
Landing fees and airport rentals	464	408
Depreciation and amortization	408	365
Other operating expenses	1,018	952
Total operating expenses	6,722	5,990
OPERATING LOSS	(393)	(284)
OTHER EXPENSES (INCOME):
Interest expense	65	66
Capitalized interest	(7)	(6)
Interest income	(141)	(125)
Other gains, net	(12)	(14)
Total other income	(95)	(79)
LOSS BEFORE INCOME TAXES	(298)	(205)
BENEFIT FOR INCOME TAXES	(67)	(46)
NET LOSS	$ (231)	$ (159)
Net loss per share, basic (in USD per share)	$ (0.39)	$ (0.27)
Net loss per share, diluted (in USD per share)	$ (0.39)	$ (0.27)
COMPREHENSIVE LOSS	$ (212)	$ (306)
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in shares)	597	594
Diluted (in shares)	597	594
Passenger
OPERATING REVENUES:
Total operating revenues	$ 5,712	$ 5,105
Freight
OPERATING REVENUES:
Total operating revenues	42	41
Other
OPERATING REVENUES:
Total operating revenues	$ 575	$ 560

LUV Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheet - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 8,367	$ 9,288
Short-term investments	2,145	2,186
Accounts and other receivables	1,354	1,154
Inventories of parts and supplies, at cost	812	807
Prepaid expenses and other current assets	603	520
Total current assets	13,281	13,955
Property and equipment, at cost:
Flight equipment	26,131	26,060
Ground property and equipment	7,500	7,460
Deposits on flight equipment purchase contracts	395	236
Assets constructed for others	71	62
Property and equipment, at cost	34,097	33,818
Less allowance for depreciation and amortization	14,536	14,443
Property and equipment, net	19,561	19,375
Goodwill	970	970
Operating lease right-of-use assets	1,182	1,223
Other assets	1,024	964
Total assets	36,018	36,487
Current liabilities:
Accounts payable	1,949	1,862
Accrued liabilities	2,400	3,606
Current operating lease liabilities	206	208
Air traffic liability	7,642	6,551
Current maturities of long-term debt	28	29
Total current liabilities	12,225	12,256
Long-term debt less current maturities	7,974	7,978
Air traffic liability - noncurrent	1,752	1,728
Deferred income taxes	1,981	2,044
Noncurrent operating lease liabilities	953	985
Other noncurrent liabilities	937	981
Stockholders' equity:
Common stock	888	888
Capital in excess of par value	4,138	4,153
Retained earnings	15,959	16,297
Accumulated other comprehensive income	19	0
Treasury stock, at cost	(10,808)	(10,823)
Total stockholders' equity	10,196	10,515
Total liabilities and stockholders' equity	$ 36,018	$ 36,487

About Southwest Airlines Co

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, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 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. It also provides inflight entertainment portal 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.

CEO	Mr. Robert E. Jordan
WEBSITE	southwest.com
INDUSTRY	Airlines
EMPLOYEES	65535

Southwest Airlines Co Frequently Asked Questions

What is the ticker symbol for Southwest Airlines Co? What does LUV stand for in stocks?

LUV is the stock ticker symbol of Southwest Airlines Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southwest Airlines Co (LUV)?

As of Wed May 08 2024, market cap of Southwest Airlines Co is 16.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LUV stock?

You can check LUV's fair value in chart for subscribers.

What is the fair value of LUV stock?

You can check LUV's fair value in chart for subscribers. The fair value of Southwest Airlines Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southwest Airlines Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LUV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southwest Airlines Co a good stock to buy?

The fair value guage provides a quick view whether LUV is over valued or under valued. Whether Southwest Airlines Co is cheap or expensive depends on the assumptions which impact Southwest Airlines Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LUV.

What is Southwest Airlines Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, LUV's PE ratio (Price to Earnings) is 50.28 and Price to Sales (PS) ratio is 0.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LUV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Southwest Airlines Co's stock?

In the past 10 years, Southwest Airlines Co has provided 0.018 (multiply by 100 for percentage) rate of return.