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

27.03USD-0.23 (-0.84%)Market Closed

Market Summary

USD27.03-0.23

Market Closed

-0.84%

LUV Stock Price

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LUV RSI Chart

LUV Valuation

Market Cap

16.1B

Price/Earnings (Trailing)

40.65

Price/Sales (Trailing)

0.6

EV/EBITDA

6.75

Price/Free Cashflow

17.8

LUV Price/Sales (Trailing)

LUV Profitability

EBT Margin

2.02%

Return on Equity

3.89%

Return on Assets

1.1%

Free Cashflow Yield

5.62%

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)

24.51%

Earnings Growth (Qtr)

-111.93%

Breaking Down LUV Revenue

Last 7 days

-8%

Last 30 days

-7.6%

Last 90 days

-10.2%

Trailing 12 Months

-9.5%

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

0.67%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.51%

Diluted EPS (TTM)

0.63

Historical Charts for Stock Metrics

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

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Feb 21, 2024	rutherford linda b.	sold (taxes)	-264,956	34.54	-7,671	chief administration officer
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
Feb 21, 2024	romo tammy	sold (taxes)	-688,348	34.54	-19,929	evp & cfo
Jan 31, 2024	watterson andrew m	acquired	-	-	87,107	chief operating officer
Jan 31, 2024	shaw mark r	acquired	-	-	70,502	evp & clro

Which funds bought or sold LUV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Lindbrook Capital, LLC	reduced	-50.27	-162,525	164,281	0.01%
Apr 25, 2024	Valeo Financial Advisors, LLC	added	0.01	6,417	443,734	0.02%
Apr 25, 2024	Horrell Capital Management, Inc.	unchanged	-	2,000	245,000	0.07%
Apr 25, 2024	Triton Wealth Management, PLLC	reduced	-4.36	-545	327,298	0.23%
Apr 25, 2024	INCOME RESEARCH & MANAGEMENT	reduced	-20.6	-15,192,900,000	12,090,400	8.16%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	reduced	-3.99	-29,594	971,560	-%
Apr 25, 2024	Kercheville Advisors, LLC	added	0.27	27,286	2,055,560	0.97%
Apr 25, 2024	Bear Mountain Capital, Inc.	reduced	-57.14	-573	432	-%
Apr 25, 2024	Ninety One UK Ltd	sold off	-100	-23,085,300	-	-%
Apr 25, 2024	Friedenthal Financial	new	-	758,006	758,006	0.47%

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
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
Feb 23, 2024	4	Insider Trading
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	32.2B	59.0B	5.47%	49.71%	6.43	0.55	9.34%	164.26%
UAL	17.4B	54.8B	11.83%	23.35%	6.46	0.32	12.31%	40.00%
LUV	16.1B	26.7B	-7.65%	-9.54%	40.65	0.6	7.60%	-6.59%
MID-CAP
AAL	9.1B	53.2B	-9.35%	7.69%	18.2	0.17	1.74%	-71.78%
ALK	5.5B	10.4B	4.62%	2.28%	23.57	0.53	8.09%	305.17%
JBLU	2.0B	9.5B	-21.86%	-16.69%	-2.36	0.21	-2.60%	-178.93%
SMALL-CAP
ALGT	1.0B	2.5B	-25.25%	-41.23%	8.86	0.42	9.04%	4617.05%
ATSG	848.0M	2.1B	-6.45%	-34.86%	14.06	0.41	1.23%	-69.62%
HA	635.7M	2.7B	-7.96%	56.38%	-2.12	0.23	-0.99%	-46.20%
SAVE	387.6M	5.4B	-23.38%	-79.33%	-0.87	0.07	5.80%	19.25%
MESA	37.7M	498.1M	5.75%	-54.00%	-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	-111.9%	-231	-109	193	544	-306	-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	-1998.1%	-556	-26.50	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	-	592	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	-	-	-	214	-	214	-	-	-	-	-	-	-	-	-	-	-	188	-	96.00	98.00	178
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	451	550	500	450	500

LUV Income Statement

2023-12-31

Consolidated Statement of Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING REVENUES:
Total operating revenues	$ 26,091	$ 23,814	$ 15,790
OPERATING EXPENSES, NET:
Salaries, wages, and benefits	11,152	9,376	7,743
Payroll support and voluntary Employee programs, net	0	0	(2,960)
Fuel and oil	6,217	5,975	3,310
Maintenance materials and repairs	1,188	852	854
Landing fees and airport rentals	1,789	1,508	1,456
Depreciation and amortization	1,522	1,351	1,272
Other operating expenses	3,999	3,735	2,394
Total operating expenses, net	25,867	22,797	14,069
OPERATING INCOME	224	1,017	1,721
OTHER EXPENSES (INCOME):
Interest expense	259	340	467
Capitalized interest	(23)	(39)	(36)
Interest income	(583)	(217)	(13)
Loss on extinguishment	0	193	28
Other (gains) losses, net	62	(12)	50
Total other expenses (income)	(409)	289	396
INCOME BEFORE INCOME TAXES	633	728	1,325
PROVISION FOR INCOME TAXES	168	189	348
NET INCOME	$ 465	$ 539	$ 977
NET INCOME (LOSS) PER SHARE, BASIC (in USD per share)	$ 0.78	$ 0.91	$ 1.65
NET INCOME (LOSS) PER SHARE, DILUTED (in USD per share)	$ 0.76	$ 0.87	$ 1.61
Passenger
OPERATING REVENUES:
Total operating revenues	$ 23,637	$ 21,408	$ 14,066
Freight
OPERATING REVENUES:
Total operating revenues	175	177	187
Other
OPERATING REVENUES:
Total operating revenues	$ 2,279	$ 2,229	$ 1,537

LUV Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 9,288	$ 9,492
Short-term investments	2,186	2,800
Accounts and other receivables	1,154	1,040
Inventories of parts and supplies, at cost	807	790
Prepaid expenses and other current assets	520	686
Total current assets	13,955	14,808
Property and equipment, at cost:
Flight equipment	26,060	23,725
Ground property and equipment	7,460	6,855
Deposits on flight equipment purchase contracts	236	376
Assets constructed for others	62	28
Property and equipment, at cost	33,818	30,984
Less allowance for depreciation and amortization	14,443	13,642
Property and equipment, net	19,375	17,342
Goodwill	970	970
Operating	1,223	1,394
Other assets	964	855
Total assets	36,487	35,369
Current liabilities:
Accounts payable	1,862	2,004
Accrued liabilities	3,606	2,043
Current operating lease liabilities	208	225
Air traffic liability	6,551	6,064
Current maturities of long-term debt	29	42
Total current liabilities	12,256	10,378
Long-term debt less current maturities	7,978	8,046
Air traffic liability - noncurrent	1,728	2,186
Deferred income taxes	2,044	1,985
Operating	985	1,118
Other noncurrent liabilities	981	969
Stockholders' equity:
Common stock, $1.00 par value: 2,000,000,000 shares authorized; 888,111,634 shares issued in 2023 and 2022	888	888
Capital in excess of par value	4,153	4,037
Retained earnings	16,297	16,261
Accumulated other comprehensive income	0	344
Treasury stock, at cost: 291,599,001 and 294,111,813 shares in 2023 and 2022, respectively	(10,823)	(10,843)
Total stockholders' equity	10,515	10,687
Total liabilities and stockholders' equity	$ 36,487	$ 35,369

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 Fri Apr 26 2024, market cap of Southwest Airlines Co is 16.13 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 Fri Apr 26 2024, LUV's PE ratio (Price to Earnings) is 50.09 and Price to Sales (PS) ratio is 0.62. 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.