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LUV

39.68USD+0.18(+0.46%)Market Closed

Southwest Airlines Co

Market Summary

USD39.68+0.18Market Closed
0.46%

LUV Alerts

LUV Stock Price

RSI Chart

Valuation

Market Cap

21.5B

Price/Earnings

21.58

Price/Sales

1.02

Price/Cashflow

8.12

MarketCap/EBT

16.08

Price/Sales

Profitability

EBT Margin

6.32%

Return on Equity

8.96%

Return on Assets

2.6%

Fundamentals

Revenue

Revenue (TTM)

22.7B

Revenue Y/Y

32.93%

Revenue Q/Q

-7.55%

Earnings

Earnings (TTM)

827.0M

Earnings Y/Y

-37.89%

Earnings Q/Q

-63.55%

Price Action

52 Week Range

30.2050.10
(Low)(High)

Last 7 days

1.1%

Last 30 days

7.0%

Last 90 days

5%

Trailing 12 Months

-12.9%

Financial Health

Current Ratio

1.66

Debt/Equity

0.8

Debt/Cashflow

0.3

Investor Care

Dividend Yield

0.4%

Shares Dilution (1Y)

0.31%

Diluted EPS (TTM)

1.29

Peers (Alternatives to Southwest Airlines)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
41.7B
94.8B
10.46% -28.56%
11.63
0.44
9.36% -29.60%
22.2B
41.8B
9.62% -5.85%
37.11
0.53
128.26% 109.00%
21.5B
22.7B
7.01% -12.91%
21.58
1.02
77.96% 41250.00%
14.3B
40.7B
7.74% 4.39%
-19.01
0.35
105.23% 76.61%
MID-CAP
9.1B
45.2B
1.56% -20.08%
-5.66
0.2
84.67% 50.37%
5.6B
8.4B
3.21% -8.53%
27.08
0.67
108.00% 133.99%
2.9B
4.4B
0.11% 15.38%
6.13
0.65
22.32% 2.41%
2.5B
8.6B
5.40% -43.94%
-5.69
0.31
76.30% -20.89%
2.4B
4.7B
-3.26% -8.86%
-6.34
0.5
70.14% 31.71%
2.1B
2.0B
-4.25% -0.37%
10.01
1.1
20.80% 5.98%
SMALL-CAP
1.3B
2.1B
2.91% -58.62%
28.58
0.64
73.99% 5.74%
894.9M
3.1B
5.36% -55.63%
10.44
0.29
22.76% 103.49%
734.8M
2.4B
-1.02% -31.52%
-3.09
0.34
92.16% -21.73%
60.5M
208.4M
14.81% -5.53%
10.8
0.32
14.05% -132.82%
52.6M
536.1M
10.29% -78.81%
-0.71
0.1
11.50% -310.21%

Financials for Southwest Airlines

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue7.3%22,69321,15218,43215,79012,752
Operating Expenses9.8%21,09619,21717,06114,06912,394
Earnings Before Taxes-18.5%1,0901,3378031,325-83.00
Net Income-17.0%8279965849772
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-6.2%35,94638,30237,26236,32037,110
  Current Assets-15.4%16,41819,39618,82218,03618,554
    Cash Equivalents-21.1%10,44313,23413,09812,48012,980
  Net PPE4.8%16,33715,59414,93714,84215,056
  Goodwill0%970970970970970
  Current Liabilities-11.1%10,41611,71110,0699,1649,135
  Long Term Debt-6.3%8,3158,87710,30910,27411,013
Shareholder's Equity-1.8%10,92411,12010,41710,41410,250
  Retained Earnings1.7%16,58816,31115,55115,77415,706
  Additional Paid-In Capital0.6%3,9893,9663,9404,2244,251
Accumulated Depreciation2.2%13,50113,21612,94512,73212,496
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations30.5%3,4582,6492,7482,3221,479
Cashflow From Investing-30.9%-2,997.00-2,289.00-1,203.00-1,264.00-991.00
Cashflow From Financing-139.8%-2,998.00-1,250.00-418.00359383
  Dividend PaymentsNaN%00
  Buy BacksNaN%00
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on LUV?

80%


Probability that Southwest Airlines stock will be more than 20% underwater in next one year

41.5%


Probability that Southwest Airlines stock will be more than 30% underwater in next one year.

21.9%


Probability that Southwest Airlines stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LUV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Southwest Airlines was unfortunately bought at previous high price.

Returns

Cumulative Returns on LUV

15.8%


10-Year Cumulative Returns

-1.1%


7-Year Cumulative Returns

-8.3%


5-Year Cumulative Returns

-10.6%


3-Year Cumulative Returns

What are the long-term rolling returns for LUV?

FIve years rolling returns for Southwest Airlines.

Which funds bought or sold LUV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-181
-
-%
2022-11-23
Toroso Investments, LLC
REDUCED
-30.9
-523,000
754,000
0.03%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-8,000
46,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,666,000
1,666,000
0.02%
2022-11-22
IHT Wealth Management, LLC
ADDED
30.51
65,000
640,000
0.05%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
34.34
64,000
497,000
0.01%
2022-11-22
Gibson Wealth Advisors LLC
REDUCED
-68
-23,000
8,000
0.01%
2022-11-21
Bray Capital Advisors
UNCHANGED
-
-11,000
59,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-4.17
-2,822,000
12,701,000
0.02%
2022-11-21
Kalos Management, Inc.
REDUCED
-0.24
-85,000
345,000
0.85%

1–10 of 43

Latest Funds Activity

Are funds buying LUV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LUV

Southwest Airlines News

Simply Wall St

9.0%of this Southwest Airlines Co. (NYSE:LUV) insider's holdings were sold in the last year.71 minutes ago

LUV Fair Value

Southwest Airlines fair value in different scenarios

The table shows the Fair Value estimates for Southwest Airlines for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

7.92

-80.04%

10.84

-72.68%

18.58

-53.18%

32.18

-18.90%

51.69

30.27%

Current Inflation

7.30

-81.60%

9.84

-75.20%

16.50

-58.42%

28.26

-28.78%

45.07

13.58%

Very High Inflation

6.53

-83.54%

8.63

-78.25%

14.05

-64.59%

23.69

-40.30%

37.41

-5.72%

Historical Southwest Airlines Fair Value Estimates


Recent SEC filings of Southwest Airlines

View All Filings
Date Filed Form Type Document
Nov 14, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Oct 31, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 05, 2022
3
Insider Trading
Sep 28, 2022
8-K
Current Report
Sep 15, 2022
8-K
Current Report

Latest Insider Trading transactions for LUV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-11
MONTFORD JOHN T
GIFTED
-
-
-1,734
-
2022-11-10
MONTFORD JOHN T
SOLD
-87,458.5
38.8704
-2,250
-
2022-10-31
RICKS RON
GIFTED
-
-
-10,000
-
2022-05-27
MONTFORD JOHN T
SOLD
-105,098
45.695
-2,300
-
2022-05-18
BIEGLER DAVID W
ACQUIRED
-
-
3,844
-
2022-05-18
Gilligan Thomas W.
ACQUIRED
-
-
3,844
-
2022-05-18
MONTFORD JOHN T
ACQUIRED
-
-
3,844
-
2022-05-18
CUNNINGHAM WILLIAM H DR
ACQUIRED
-
-
3,844
-
2022-05-18
Reynolds Christopher P.
ACQUIRED
-
-
3,844
-
2022-05-18
BROOKS DOUGLAS H
ACQUIRED
-
-
3,844
-

1–10 of 50

Robert E. Jordan
55100
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.

LUV Income Statement

2022-09-30
Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
OPERATING REVENUES:    
Total operating revenues$ 6,220$ 4,679$ 17,642$ 10,739
OPERATING EXPENSES, NET:    
Salaries, wages, and benefits2,3222,1226,7715,518
Payroll support and voluntary Employee programs, net0(776)0(2,963)
Fuel and oil1,7509904,3902,261
Maintenance materials and repairs204250624646
Landing fees and airport rentals3953761,1281,092
Depreciation and amortization335322984949
Other operating expenses8196622,3431,710
Total operating expenses, net5,8253,94616,2409,213
OPERATING INCOME3957331,4021,526
OTHER EXPENSES (INCOME):    
Interest expense86115272343
Capitalized interest(11)(9)(31)(27)
Interest income(70)(2)(101)(6)
Loss on extinguishment of debt761219212
Other (gains) losses, net(39)1757(44)
Total other expenses (income)42133389278
INCOME BEFORE INCOME TAXES3536001,0131,248
PROVISION FOR INCOME TAXES76154254339
NET INCOME$ 277$ 446$ 759$ 909
Net income per share, basic (in USD per share)$ 0.47$ 0.75$ 1.28$ 1.54
Net income per share, diluted (in USD per share)$ 0.44$ 0.73$ 1.21$ 1.49
COMPREHENSIVE INCOME$ (223)$ 577$ 676$ 1,300
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares)593592593591
Diluted (in shares)639607643610
Revision of Prior Period, Reclassification, Adjustment    
OTHER EXPENSES (INCOME):    
Other (gains) losses, net $ 12 $ 12
Passenger    
OPERATING REVENUES:    
Total operating revenues$ 5,6134,227$ 15,8679,508
Freight    
OPERATING REVENUES:    
Total operating revenues4447133140
Other    
OPERATING REVENUES:    
Total operating revenues$ 563$ 405$ 1,642$ 1,091

LUV Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 10,443$ 12,480
Short-term investments3,2303,024
Accounts and other receivables1,3161,357
Inventories of parts and supplies, at cost776537
Prepaid expenses and other current assets653638
Total current assets16,41818,036
Property and equipment, at cost:  
Flight equipment22,50521,226
Ground property and equipment6,7276,342
Deposits on flight equipment purchase contracts5870
Assets constructed for others196
Property and equipment, at cost29,83827,574
Less allowance for depreciation and amortization13,50112,732
Property and equipment, net16,33714,842
Goodwill970970
Operating lease right-of-use assets1,4491,590
Other assets772882
Total assets35,94636,320
Current liabilities:  
Accounts payable1,5531,282
Accrued liabilities1,8811,624
Current operating lease liabilities233239
Air traffic liability6,3685,566
Current maturities of long-term debt381453
Total current liabilities10,4169,164
Long-term debt less current maturities8,31510,274
Air traffic liability - noncurrent2,0572,159
Deferred income taxes1,9951,770
Noncurrent operating lease liabilities1,1831,315
Other noncurrent liabilities1,0561,224
Stockholders' equity:  
Common stock888888
Capital in excess of par value3,9894,224
Retained earnings16,58815,774
Accumulated other comprehensive income305388
Treasury stock, at cost(10,846)(10,860)
Total stockholders' equity10,92410,414
Total liabilities and stockholders' equity$ 35,946$ 36,320