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Southwest Airlines Co Stock Research

LUV

26.78USD-0.41(-1.51%)Delayedas of 03 Oct 2023, 02:24 pm
Watchlist

Market Summary

USD26.78-0.41
Delayedas of 03 Oct 2023, 02:24 pm
-1.51%

LUV Stock Price

LUV RSI Chart

LUV Valuation

Market Cap

16.2B

Price/Earnings (Trailing)

37.28

Price/Sales (Trailing)

0.64

EV/EBITDA

6.15

Price/Free Cashflow

5.51

LUV Price/Sales (Trailing)

LUV Profitability

EBT Margin

3.62%

Return on Equity

5.55%

Return on Assets

1.61%

Free Cashflow Yield

18.14%

LUV Fundamentals

LUV Revenue

Revenue (TTM)

25.1B

Revenue Y/Y

4.59%

Revenue Q/Q

23.33%

LUV Earnings

Earnings (TTM)

434.0M

Earnings Y/Y

-10.13%

Earnings Q/Q

323.2%

Price Action

52 Week Range

26.4639.96
(Low)(High)

Last 7 days

-1.1%

Last 30 days

-13.5%

Last 90 days

-26.6%

Trailing 12 Months

-10.9%

LUV Financial Health

Current Ratio

1.26

Debt/Equity

0.78

Debt/Cashflow

0.43

LUV Investor Care

Dividend Yield

2.65%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

0.91

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for LUV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-21
Rutherford Linda B.
gifted
-
-
-960
chief admin & comm. officer
2023-08-02
Blunt Roy
acquired
-
-
5,095
-
2023-05-17
CONRADO EDUARDO F
acquired
-
-
5,690
-
2023-05-17
Reynolds Christopher P.
acquired
-
-
5,690
-
2023-05-17
Mendoza Elaine
acquired
-
-
5,690
-
2023-05-17
Gilligan Thomas W.
acquired
-
-
5,690
-
2023-05-17
SOLTAU JILL A.
acquired
-
-
5,690
-
2023-05-17
MONTFORD JOHN T
acquired
-
-
5,690
-
2023-05-17
Hess David P
acquired
-
-
5,690
-
2023-05-17
CUNNINGHAM WILLIAM H DR
acquired
-
-
5,690
-

1–10 of 50

Which funds bought or sold LUV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
DecisionPoint Financial, LLC
unchanged
-
1,123
11,081
0.01%
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-292,000
-
-%
2023-09-26
BROOKFIELD Corp /ON/
added
217
625,675
872,914
-%
2023-09-21
Jefferies Group LLC
new
-
215,016
215,016
-%
2023-09-21
Baystate Wealth Management LLC
reduced
-86.33
-8,270
1,506
-%
2023-09-20
BARCLAYS PLC
added
222
33,846,000
46,900,000
0.03%
2023-09-14
IMS Capital Management
new
-
209,475
209,475
0.12%
2023-09-14
Alken Asset Management Ltd
unchanged
-
-
-
-%
2023-09-13
CGC Financial Services, LLC
new
-
4,282
4,282
-%
2023-09-12
Farther Finance Advisors, LLC
reduced
-39.88
-14,314
28,932
0.01%

1–10 of 44

Latest Funds Activity

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

Schedule 13G FIlings of Southwest Airlines

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
blackrock inc.
6.0%
35,569,761
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
Feb 11, 2022
state street corp
6.83%
40,425,713
SC 13G/A
Feb 10, 2022
primecap management co/ca/
9.17%
54,290,429
SC 13G/A
Feb 01, 2022
blackrock inc.
5.5%
32,756,987
SC 13G
Jan 10, 2022
vanguard group inc
10.44%
61,814,978
SC 13G/A
Feb 12, 2021
state street corp
7.26%
42,844,329
SC 13G
Feb 12, 2021
primecap management co/ca/
11.05%
65,213,818
SC 13G/A
Feb 10, 2021
vanguard group inc
8.74%
51,587,663
SC 13G/A

Recent SEC filings of Southwest Airlines

View All Filings
Date Filed Form Type Document
Sep 06, 2023
8-K
Current Report
Aug 22, 2023
4
Insider Trading
Aug 04, 2023
8-K
Current Report
Aug 03, 2023
4
Insider Trading
Jul 28, 2023
S-3ASR
S-3ASR
Jul 28, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jul 20, 2023
3
Insider Trading
Jul 19, 2023
8-K
Current Report

LUV Fair Value

Loading...

Peers (Alternatives to Southwest Airlines)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
88.6B
1.59% 78.56%
17.9
0.63
-6.50% 16.33%
24.5B
55.7B
-14.96% 29.90%
298.7
0.53
33.38% 398.83%
16.2B
25.1B
-13.46% -10.91%
37.28
0.64
18.83% -71.05%
13.7B
50.9B
-16.29% 27.94%
5.12
0.27
42.85% 318.35%
8.3B
52.9B
-13.15% 5.90%
3.16
0.16
29.91% 237.04%
MID-CAP
4.7B
10.3B
-11.85% -5.93%
29.31
0.45
26.25% -23.08%
2.9B
4.5B
0.24% 22.01%
8.22
0.64
12.86% -27.86%
1.5B
9.9B
-21.75% -30.02%
57.23
0.16
24.14% 106.11%
SMALL-CAP
2.0B
5.5B
-0.55% -11.38%
-4.4
0.37
29.98% -29.36%
1.8B
2.9B
-7.08% 153.63%
-335.78
0.63
-5.50% -106.28%
1.5B
2.1B
-3.79% -13.66%
9.69
0.71
7.02% -29.07%
1.3B
2.5B
-15.37% 3.75%
8.83
0.53
20.09% 224.40%
298.9M
2.8B
-30.66% -55.97%
-1.76
0.11
28.49% 34.24%
65.5M
267.9M
7.39% 35.81%
-5.75
0.24
40.28% -223.76%
35.2M
509.3M
-38.36% -47.70%
-0.17
0.07
-5.00% -178.26%

Southwest Airlines News

The Motley Fool
Why Southwest Airlines Stock Flew South in September.
The Motley Fool,
87 minutes ago
InvestorPlace

Returns for LUV

Cumulative Returns on LUV

7.0%


10-Year Cumulative Returns

-4.6%


7-Year Cumulative Returns

-14.6%


5-Year Cumulative Returns

-10.8%


3-Year Cumulative Returns

Risks for LUV

What is the probability of a big loss on LUV?

86.9%


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

51.5%


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.

Drawdowns

Financials for Southwest Airlines

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.2%25,13524,82623,81422,69321,15218,43215,79012,7529,8666,8669,04812,76516,61121,51222,42822,40122,33722,17021,96521,53521,263
Operating Expenses2.8%24,61423,94222,79721,09619,21717,06114,06912,39411,65210,37312,86414,74816,36419,17019,47119,28919,24619,07518,75918,39318,074
EBITDA-100.0%-2,5952,3842,7482,9622,4272,9331,521-643-2,496-2,789-9181,4593,6464,294------
EBITDA Margin-100.0%-0.10*0.10*0.12*0.14*0.13*0.19*0.12*-0.07*-0.36*-0.31*-0.07*0.09*0.17*0.19*------
Interest Expenses-14.8%25930430535133134033634032521521290.0094.0087.0088.0067.0089.0089.00107128123
Earnings Before Taxes-16.7%7498997281,0901,3378031,325-83.00-2,225-3,966-4,256-2,2591022,3092,9573,1083,0753,0673,1653,0843,130
EBT Margin-100.0%-0.04*0.03*0.05*0.06*0.04*0.08*-0.01*-0.23*-0.58*-0.47*-0.18*0.01*0.11*0.13*------
Net Income-15.1%4345111,0421,3301,4991,283977262-1,341-2,744-3,143-1,72195.001,6952,3012,4412,3972,3892,4653,5583,471
Net Income Margin-100.0%-0.02*0.02*0.05*0.05*0.03*0.06*0.00*-0.16*-0.42*-0.34*-0.13*0.01*0.08*0.10*------
Free Cashflow-100.0%-3,4253,7903,4582,6492,7482,3221,4791,004-1,551-2,574-1,1539881,0572,540------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.7%36,51935,54635,36935,94638,30237,26236,32037,11038,20635,49334,58835,60535,59626,88525,89526,46726,37426,45926,24326,88226,465
  Current Assets2.7%14,66114,27414,80816,41819,39618,82218,03618,55419,18816,10015,17316,13315,8727,0285,9745,6505,5545,4835,0285,6015,408
    Cash Equivalents9.6%9,1588,3599,49210,44313,23413,09812,48012,98014,12411,97111,06312,10912,3513,9402,5482,4882,4462,3441,8542,1042,114
  Net PPE3.2%18,59618,02417,34216,33715,59414,93714,84215,05615,24215,64815,83116,05616,24716,98917,02517,84217,73317,77319,52519,27919,066
  Goodwill0%970970970970970970970970970970970970970970970970970970970970970
  Current Liabilities3.5%11,72811,32910,37810,41611,71110,0699,1649,13512,4768,1827,5067,8049,36110,2418,9528,6298,6118,7237,9057,8437,716
  Long Term Debt-0.1%7,9947,9998,0468,3158,87710,30910,27411,0139,18810,54610,11110,1358,9052,2881,8462,3982,4492,6022,7713,1003,155
Shareholder's Equity4.7%10,78910,30210,68710,92411,12010,41710,41410,2509,6889,0938,8769,76910,8789,0759,8329,9319,9409,7919,85310,1539,997
  Retained Earnings3.6%16,57115,99516,26116,58816,31115,55115,77415,70615,26014,91214,77715,68516,84217,75717,94517,52516,96216,32015,96715,40214,878
  Additional Paid-In Capital1.1%4,1034,0584,0373,9893,9663,9404,2244,2514,2694,2204,1914,1754,1591,5821,5811,5541,5341,5131,5101,4851,469
Accumulated Depreciation2.0%14,15913,87813,64213,50113,21612,94512,73212,49612,19911,73311,74311,44311,16410,91210,68810,44510,1649,8759,7319,4379,166
Shares Outstanding0.2%595594-593593592-592591591-590563515-533547551-569578
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-14.3%2,9353,4253,7903,4582,6492,7482,3221,4791,004-104-1,1272942,4352,5043,9874,1514,3314,9964,8934,4674,192
Cashflow From Investing17.9%-4,257-5,185-3,746-2,997-2,289-1,203-1,264-991-1,013-212-16.0037.00112-472-303-1,115-1,360-1,802-2,038-2,106-2,122
Cashflow From Financing7.6%-2,754-2,979-3,032-2,998-1,250-4183593831,7828,3479,6589,2907,358-436-2,990-2,652-2,639-2,672-2,496-1,717-1,493
  Dividend Payments0%428428--------188188284382372372367362332332316
  Buy Backs-----------4511,0011,5011,9512,0001,9501,9502,0002,0001,8501,650

LUV Income Statement

2023-06-30
Condensed Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES:    
Total operating revenues$ 7,037$ 6,728$ 12,743$ 11,422
OPERATING EXPENSES, NET:    
Salaries, wages, and benefits2,7862,2205,2644,450
Fuel and oil1,4031,6362,9502,640
Maintenance materials and repairs271210511420
Landing fees and airport rentals459388867733
Depreciation and amortization367325731649
Other operating expenses9567911,9091,523
Total operating expenses, net6,2425,57012,23210,415
OPERATING INCOME7951,1585111,007
OTHER EXPENSES (INCOME):    
Interest expense6593130186
Capitalized interest(5)(11)(11)(20)
Interest income(144)(28)(269)(31)
Loss on extinguishment of debt0430116
Other (gains) losses, net(7)25(21)96
Total other expenses (income)(91)122(171)347
INCOME BEFORE INCOME TAXES8861,036682660
PROVISION FOR INCOME TAXES203276158178
NET INCOME$ 683$ 760$ 524$ 482
Net income per share, basic (in USD per share)$ 1.15$ 1.29$ 0.88$ 0.83
Net income per share, diluted (in USD per share)$ 1.08$ 1.20$ 0.84$ 0.77
COMPREHENSIVE INCOME$ 544$ 674$ 238$ 899
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares)595593595593
Diluted (in shares)639635639640
Passenger    
OPERATING REVENUES:    
Total operating revenues$ 6,409$ 6,119$ 11,514$ 10,254
Freight    
OPERATING REVENUES:    
Total operating revenues47478789
Other    
OPERATING REVENUES:    
Total operating revenues$ 581$ 562$ 1,142$ 1,079

LUV Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 9,158$ 9,492
Short-term investments3,0212,800
Accounts and other receivables1,2331,040
Inventories of parts and supplies, at cost714790
Prepaid expenses and other current assets535686
Total current assets14,66114,808
Property and equipment, at cost:  
Flight equipment25,22923,725
Ground property and equipment7,1596,855
Deposits on flight equipment purchase contracts324376
Assets constructed for others4328
Property and equipment, at cost32,75530,984
Less allowance for depreciation and amortization14,15913,642
Property and equipment, net18,59617,342
Goodwill970970
Operating lease right-of-use assets1,3351,394
Other assets957855
Total assets36,51935,369
Current liabilities:  
Accounts payable1,8822,004
Accrued liabilities2,4682,043
Current operating lease liabilities226225
Air traffic liability7,1216,064
Current maturities of long-term debt3142
Total current liabilities11,72810,378
Long-term debt less current maturities7,9948,046
Air traffic liability - noncurrent1,9382,186
Deferred income taxes2,0571,985
Noncurrent operating lease liabilities1,0771,118
Other noncurrent liabilities936969
Stockholders' equity:  
Common stock888888
Capital in excess of par value4,1034,037
Retained earnings16,57116,261
Accumulated other comprehensive income58344
Treasury stock, at cost(10,831)(10,843)
Total stockholders' equity10,78910,687
Total liabilities and stockholders' equity$ 36,519$ 35,369
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.