- ISIN
- US8447411088
- CUSIP
- 844741108
- Sector
- Industrials
- Industry
- Airlines
- IPO Date
- Jan 2, 1980
Highlights
- Market Cap
- $24.43B
- Enterprise Value
- $24.11B
- EPS (TTM)
- $1.56
- PE Ratio
- 31.08
- Total Revenue (TTM)
- $28.88B
- Gross Profit (TTM)
- $6.36B
- EBITDA (TTM)
- $2.74B
- Year Range
- $28.98 - $55.11
- Target Price
- $51.27
- ROA (TTM)
- 4.73%
- ROE (TTM)
- 11.88%
Share Price Chart
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Performance
LUV Performance Chart
Southwest Airlines Co. (LUV) is up 18.5% since the beginning of the year. At $49 per share, LUV is trading 11.9% below its 52-week high of $55. Investors who bought $1,000 worth of LUV shares 5 years ago would now be looking at an investment worth $954.
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Returns By Period
Southwest Airlines Co. (LUV) has returned 18.54% so far this year and 57.64% over the past 12 months. Over the last ten years, LUV has returned 3.66% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Southwest Airlines Co.
- 1D
- 1.25%
- 1M
- 19.39%
- YTD
- 18.54%
- 6M
- 16.49%
- 1Y
- 57.64%
- 3Y*
- 15.17%
- 5Y*
- -0.93%
- 10Y*
- 3.66%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
LUV Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, LUV's average daily return is +0.08%, while the average monthly return is +1.51%. At this rate, an investment would double in approximately 3.9 years.
Historically, 54% of months were positive and 46% were negative. The best month was Jan 1991 with a return of +35.0%, while the worst month was Jul 1981 at -26.8%. The longest winning streak lasted 17 consecutive months, and the longest losing streak was 7 months.
On a daily basis, LUV closed higher 48% of trading days. The best single day was Jan 29, 2026 with a return of +18.7%, while the worst single day was Sep 17, 2001 at -24.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.98% | 3.66% | -23.40% | 0.93% | 13.26% | 13.58% | 18.54% | ||||||
| 2025 | -8.66% | 1.14% | 8.75% | -16.74% | 19.38% | -2.26% | -4.65% | 6.37% | -2.46% | -5.05% | 14.88% | 19.25% | 25.62% |
| 2024 | 3.50% | 14.65% | -14.37% | -11.13% | 3.47% | 7.27% | -5.84% | 7.35% | 3.08% | 3.21% | 5.82% | 4.44% | 19.11% |
| 2023 | 6.78% | -6.12% | -2.58% | -6.91% | -1.39% | 21.87% | -5.66% | -7.49% | -13.84% | -17.88% | 15.02% | 13.64% | -11.82% |
| 2022 | 4.48% | -2.14% | 4.57% | 2.01% | -1.84% | -21.24% | 5.54% | -3.73% | -15.97% | 17.87% | 9.79% | -15.64% | -21.41% |
| 2021 | -5.73% | 32.29% | 5.04% | 2.82% | -2.10% | -13.62% | -4.84% | -1.46% | 3.31% | -8.07% | -6.09% | -3.51% | -8.09% |
Benchmark Metrics
Southwest Airlines Co. has an annualized alpha of 8.75%, beta of 1.01, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since January 02, 1980.
- This stock captured 118.96% of S&P 500 Index gains and 103.83% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.23 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.75%
- Beta
- 1.01
- R²
- 0.23
- Upside Capture
- 118.96%
- Downside Capture
- 103.83%
Return for Risk
Risk / Return Rank
LUV ranks 74 for risk / return — better than 74% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Southwest Airlines Co. (LUV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LUV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.78 | -1.05 |
| Martin ratioReturn relative to average drawdown | 3.43 | 12.44 | -9.01 |
Dividends
Dividend History
Southwest Airlines Co. provided a 1.48% dividend yield over the last twelve months, with an annual payout of $0.72 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.72 | $0.72 | $0.90 | $0.00 | $0.00 | $0.18 | $0.70 | $0.61 | $0.48 | $0.38 | $0.29 |
Dividend yield | 1.48% | 1.74% | 2.14% | 3.12% | 0.00% | 0.00% | 0.39% | 1.30% | 1.30% | 0.73% | 0.75% | 0.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Southwest Airlines Co.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.36 | ||||||
| 2025 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.72 |
| 2024 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.72 |
| 2023 | $0.18 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Dividend Yield & Payout
Dividend Yield
Southwest Airlines Co. has a dividend yield of 1.48%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.
Payout Ratio
Southwest Airlines Co. has a payout ratio of 47.12%, which is quite average when compared to the overall market. This suggests that Southwest Airlines Co. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Southwest Airlines Co.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Southwest Airlines Co. was 78.25%, occurring on Mar 5, 2009. Recovery took 1257 trading sessions.
The current Southwest Airlines Co. drawdown is 18.29%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -78.25%Mar 2009 | 8y 1mo | 5y | 13y 1moJan 2001 - Mar 2014 |
Black Monday1987 | -66.10%Dec 1987 | 4y 4mo | 3y 1mo | 7y 6moJul 1983 - Jan 1991 |
2023 bear market2023 | -64.76%Oct 2023 | 5y 10mo | — | 8y 5moJan 2018 - now |
1994 bear market1994 | -59.29%Dec 1994 | 10mo 19d | 2y 12mo | 3y 10moFeb 1994 - Dec 1997 |
1981 bear market1981 | -49.38%Sep 1981 | 3mo 26d | 11mo 12d | 1y 3moJun 1981 - Sep 1982 |
Drawdown Indicators
| LUV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.25% | -56.78% | -21.47% |
Max Drawdown (1Y)Largest decline over 1 year | -33.49% | -9.10% | -24.39% |
Max Drawdown (3Y)Largest decline over 3 years | -42.93% | -18.90% | -24.03% |
Max Drawdown (5Y)Largest decline over 5 years | -58.75% | -25.43% | -33.32% |
Max Drawdown (10Y)Largest decline over 10 years | -64.76% | -33.92% | -30.84% |
Current DrawdownCurrent decline from peak | -18.29% | -1.80% | -16.49% |
Average DrawdownAverage peak-to-trough decline | -29.13% | -10.71% | -18.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.87% | 2.03% | +14.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Southwest Airlines Co. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Southwest Airlines Co. is priced in the market compared to other companies in the Airlines industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for LUV, comparing it with other companies in the Airlines industry. Currently, LUV has a P/E ratio of 31.1. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for LUV relative to other companies in the Airlines industry. Currently, LUV has a P/S ratio of 0.9. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for LUV in comparison with other companies in the Airlines industry. Currently, LUV has a P/B value of 3.6. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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