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LUV

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

28.06USD+0.22 (+0.79%)Market Closed

Market Summary

LUV
USD28.06+0.22
Market Closed
0.79%

LUV Stock Price

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LUV RSI Chart

LUV Valuation

Market Cap

16.6B

Price/Earnings (Trailing)

51.59

Price/Sales (Trailing)

0.64

EV/EBITDA

6.42

Price/Free Cashflow

5.25

LUV Price/Sales (Trailing)

LUV Profitability

EBT Margin

2.42%

Return on Equity

3.06%

Return on Assets

0.88%

Free Cashflow Yield

19.04%

LUV Fundamentals

LUV Revenue

Revenue (TTM)

26.1B

Rev. Growth (Yr)

10.55%

Rev. Growth (Qtr)

4.57%

LUV Earnings

Earnings (TTM)

322.0M

Earnings Growth (Yr)

50.45%

Earnings Growth (Qtr)

-156.48%

Breaking Down LUV Revenue

Last 7 days

-2.8%

Last 30 days

-1.8%

Last 90 days

-3.1%

Trailing 12 Months

-12.1%

How does LUV drawdown profile look like?

LUV Financial Health

Current Ratio

1.14

Debt/Equity

0.76

Debt/Cashflow

0.4

LUV Investor Care

Dividend Yield

0.65%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.40%

Diluted EPS (TTM)

0.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202324.8B25.1B25.4B26.1B
202218.4B21.2B22.7B23.8B
20216.9B9.9B12.8B15.8B
202021.5B16.6B12.8B9.0B
201922.2B22.3B22.4B22.4B
201821.2B21.2B21.5B22.0B
201720.5B20.8B21.0B21.1B
201620.2B20.5B20.3B20.4B
201518.9B19.0B19.5B19.8B
201417.8B18.1B18.4B18.6B
201317.2B17.2B17.4B17.7B
201216.5B17.0B17.0B17.1B
201112.0B13.5B14.7B15.7B
201010.6B011.2B11.6B
200910.9B10.6B10.4B10.4B
200810.2B10.4B10.7B11.0B
20070009.9B
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Tracking the Latest Insider Buys and Sells of Southwest Airlines Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold LUV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
ATLAS CAPITAL ADVISORS LLC
sold off
-100
-19,580
-
-%
Apr 15, 2024
JANICZEK WEALTH MANAGEMENT, LLC
unchanged
-
960
90,344
0.02%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
sold off
-100
-1,090,570
-
-%
Apr 15, 2024
WEST PACES ADVISORS INC.
unchanged
-
81.00
7,648
-%
Apr 15, 2024
GoalVest Advisory LLC
new
-
19,586
19,586
0.01%
Apr 15, 2024
Concurrent Investment Advisors, LLC
new
-
599,919
599,919
0.03%
Apr 15, 2024
Brookstone Capital Management
added
4.98
13,553
235,138
-%
Apr 15, 2024
Sound Income Strategies, LLC
reduced
-11.13
-5,486
48,449
-%
Apr 15, 2024
Cooksen Wealth, LLC
sold off
-100
-5,776
-
-%
Apr 15, 2024
Robinson Value Management, Ltd.
unchanged
-
163
15,354
0.01%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm 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 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
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading

Peers (Alternatives to Southwest Airlines Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
30.1B
59.0B
8.19% 38.14%
6.01
0.51
9.34% 164.26%
16.6B
26.1B
-1.80% -12.09%
51.59
0.64
9.56% -66.32%
13.5B
53.7B
-5.91% -1.51%
5.14
0.25
19.49% 255.22%
MID-CAP
8.5B
52.8B
-7.31% 1.17%
10.31
0.16
7.79% 547.24%
5.2B
10.4B
7.33% -2.22%
21.98
0.5
8.09% 305.17%
2.3B
9.6B
-3.55% -
-7.43
0.24
5.00% 14.36%
SMALL-CAP
1.1B
2.5B
-10.16% -36.40%
9.45
0.44
9.04% 4617.05%
813.8M
2.1B
2.31% -39.71%
13.49
0.39
1.23% -69.62%
688.7M
2.7B
-3.20% 61.88%
-2.64
0.25
2.84% -8.50%
487.2M
5.4B
3.73% -74.34%
-1.09
0.09
5.80% 19.25%
32.8M
498.1M
1.27% -64.29%
-0.27
0.07
-6.20% 34.25%

Southwest Airlines Co News

Latest updates
MarketWatch25 hours ago
Yahoo Finance29 Mar 202407:00 am

Southwest Airlines Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.6%6,8236,5257,0375,7066,1726,2206,7284,6945,0514,6794,0082,0522,0131,7931,0084,2345,7295,6395,9095,1495,704
Operating Expenses12.8%7,2276,4086,2425,9906,5575,8255,5704,8454,8563,9463,4141,8533,1813,2042,1354,3445,0664,8204,9414,6444,884
EBITDA Margin-0.9%0.09*0.09*0.10*0.10*0.10*0.12*0.14*0.13*0.19*0.12*-0.07*-0.36*---------
Interest Expenses394.7%94.0019.0096.0019.0010242.0014120.0014822.0015017.001517.0040.0014.0029.0011.0033.0015.009.00
Income Taxes-176.1%-33.5044.00203-46.00-65.0076.00276-98.0010.0015415430.00-423-385-324-50.00153160227117163
Earnings Before Taxes-220.5%-285237886-205-2853531,036-37677.00600502146-1,331-1,542-1,239-144666819968504817
EBT Margin-2.6%0.02*0.02*0.03*0.04*0.03*0.05*0.06*0.04*0.08*-0.01*-0.23*-0.58*---------
Net Income-156.5%-109193544-306-220277674225-62.50446544180-908-1,157-859-219514659741387654
Net Income Margin48.8%0.01*0.01*0.01*0.02*0.04*0.05*0.06*0.06*0.07*0.02*-0.14*-0.40*---------
Free Cashflow-30.9%426616964254127-2181,454619-205-1,0271,553193---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.3%36,48736,98036,51935,54635,36935,94638,30237,26236,32037,11038,20635,49334,58835,60535,59626,88525,89526,46726,37426,45926,243
  Current Assets-4.6%13,95514,63114,66114,27414,80816,41819,39618,82218,03618,55419,18816,10015,17316,13315,8727,0285,9745,6505,5545,4835,028
    Cash Equivalents-2.2%9,2889,4979,1588,3599,49210,44313,23413,09812,48012,98014,12411,97111,06312,10912,3513,9402,5482,4882,4462,3441,854
  Net PPE-100.0%-19,07518,59618,02417,34216,33715,59414,93714,84215,05615,24215,64815,83116,05616,24716,98917,02517,84217,73317,77319,525
  Goodwill0%970970970970970970970970970970970970970970970970970970970970970
  Current Liabilities1.2%12,25612,11211,72811,32910,37810,41611,71110,0699,1649,13512,4768,1827,5067,8049,36110,2418,9528,6298,6118,7237,905
  Long Term Debt-0.1%7,9787,9847,9947,9998,0468,3158,87710,30910,27411,0139,18810,54610,11110,1358,9052,2881,8462,3982,4492,6022,771
Shareholder's Equity-4.9%10,51511,05410,78910,30210,68710,92411,12010,41710,41410,2509,6889,0938,8769,76910,8789,0759,8329,9319,9409,7919,853
  Retained Earnings-2.2%16,29716,65716,57115,99516,26116,58816,31115,55115,77415,70615,26014,91214,77715,68516,84217,75717,94517,52516,96216,32015,967
  Additional Paid-In Capital0.4%4,1534,1354,1034,0584,0373,9893,9663,9404,2244,2514,2694,2204,1914,1754,1591,5821,5811,5541,5341,5131,510
Accumulated Depreciation-100.0%-14,38914,15913,87813,64213,50113,21612,94512,73212,49612,19911,73311,74311,44311,16410,91210,68810,44510,1649,8759,731
Shares Outstanding-100.0%-595595594-593593592-592591591-556-------
Float---21,499---21,358---31,305---20,095---27,212--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-30.9%4266161,4167065792341,9061,071247-5752,005645-596-1,050897-3778251,0919661,105989
Cashflow From Investing-937.5%-664-64.00-627-1,577-932-1,120-1,555-139-182-412-469-20191.00-434332-5.00144-359-252164-667
Cashflow From Financing113.8%30.00-21310.00-262-597-1,905-215-314-564-157617464-5401,2427,1821,774-908-690-612-779-571
  Dividend Payments-100.0%-214-214-----------188-96.0098.00178-
  Buy Backs----------------451550500450500500

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 benefits11,1529,3767,743
Payroll support and voluntary Employee programs, net00(2,960)
Fuel and oil6,2175,9753,310
Maintenance materials and repairs1,188852854
Landing fees and airport rentals1,7891,5081,456
Depreciation and amortization1,5221,3511,272
Other operating expenses3,9993,7352,394
Total operating expenses, net25,86722,79714,069
OPERATING INCOME2241,0171,721
OTHER EXPENSES (INCOME):   
Interest expense259340467
Capitalized interest(23)(39)(36)
Interest income(583)(217)(13)
Loss on extinguishment019328
Other (gains) losses, net62(12)50
Total other expenses (income)(409)289396
INCOME BEFORE INCOME TAXES6337281,325
PROVISION FOR INCOME TAXES168189348
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 revenues175177187
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 investments2,1862,800
Accounts and other receivables1,1541,040
Inventories of parts and supplies, at cost807790
Prepaid expenses and other current assets520686
Total current assets13,95514,808
Property and equipment, at cost:  
Flight equipment26,06023,725
Ground property and equipment7,4606,855
Deposits on flight equipment purchase contracts236376
Assets constructed for others6228
Property and equipment, at cost33,81830,984
Less allowance for depreciation and amortization14,44313,642
Property and equipment, net19,37517,342
Goodwill970970
Operating1,2231,394
Other assets964855
Total assets36,48735,369
Current liabilities:  
Accounts payable1,8622,004
Accrued liabilities3,6062,043
Current operating lease liabilities208225
Air traffic liability6,5516,064
Current maturities of long-term debt2942
Total current liabilities12,25610,378
Long-term debt less current maturities7,9788,046
Air traffic liability - noncurrent1,7282,186
Deferred income taxes2,0441,985
Operating9851,118
Other noncurrent liabilities981969
Stockholders' equity:  
Common stock, $1.00 par value: 2,000,000,000 shares authorized; 888,111,634 shares issued in 2023 and 2022888888
Capital in excess of par value4,1534,037
Retained earnings16,29716,261
Accumulated other comprehensive income0344
Treasury stock, at cost: 291,599,001 and 294,111,813 shares in 2023 and 2022, respectively(10,823)(10,843)
Total stockholders' equity10,51510,687
Total liabilities and stockholders' equity$ 36,487$ 35,369
LUV
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
 WEBSITEsouthwest.com
 INDUSTRYAirlines
 EMPLOYEES65535

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 Mon Apr 15 2024, market cap of Southwest Airlines Co is 16.61 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 Mon Apr 15 2024, LUV's PE ratio (Price to Earnings) is 51.59 and Price to Sales (PS) ratio is 0.64. 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 0.024 (multiply by 100 for percentage) rate of return.