S

    Southwest Airlines Company (LUV)

    Official site

    INDUSTRIALS • AIRLINES • NYSE

    $38.52
    -1.11 (-2.81%)

    Market Cap: $19.39B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    73%(29/40)
    Avg Surprise
    +22.98%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.68
    Range$0.55 - $1.31
    20 analysts
    EPS Revisions
    3
    0
    7d
    11
    6
    30d
    EPS Estimate Drift
    90d ago$0.54-20.6%
    60d ago$0.59-12.8%
    30d ago$0.82+20.7%
    7d ago$0.71+4.6%
    Current$0.68
    Revenue Consensus
    $8.2B
    Range$8.1B - $8.4B
    17 analysts
    Dec 31, 2026
    EPS Consensus$1.73
    Range$0.96 - $2.33
    23 analysts
    Revenue Consensus
    $8.9B
    Range$8.5B - $9.4B
    20 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.73---
    Sep 26EST
    		-$0.68---
    Jun 26
    		$0.94$0.52+80.77%Beat+118.6%
    Mar 26
    		$0.45$0.47-4.26%Miss+446.2%
    Dec 25
    		$0.58$0.57+1.75%Beat+3.6%
    Sep 25
    		$0.11$-0.04+375.00%Beat-26.7%
    Jun 25
    		$0.43$0.51-15.69%Miss-25.9%
    Mar 25
    		$-0.13$-0.19+31.58%Beat+63.9%
    Dec 24
    		$0.56$0.46+21.74%Beat+51.4%
    Sep 24
    		$0.15$0.04+275.00%Beat-60.5%
    Jun 24
    		$0.58$0.51+13.73%Beat-46.8%
    Mar 24
    		$-0.36$-0.34-5.88%Miss-33.3%
    Dec 23
    		$0.37$0.13+184.62%Beat+197.4%
    Sep 23
    		$0.38$0.39-2.56%Miss-24.0%
    Jun 23
    		$1.09$1.10-0.91%Miss-16.2%
    Mar 23
    		$-0.27$-0.23-17.39%Miss+15.6%
    Dec 22
    		$-0.38$-0.11-245.45%Miss-371.4%
    Sep 22
    		$0.50$0.42+19.05%Beat+317.4%
    Jun 22
    		$1.30$1.18+10.17%Beat+471.4%
    Mar 22
    		$-0.32$-0.30-6.67%Miss+81.4%
    Dec 21
    		$0.14$0.07+100.00%Beat+110.9%
    Sep 21
    		$-0.23$-0.27+14.81%Beat+88.4%
    Jun 21
    		$-0.35$-0.23-52.17%Miss+86.9%
    Mar 21
    		$-1.72$-1.85+7.03%Beat-1046.7%
    Dec 20
    		$-1.29$-1.68+23.21%Beat-231.6%
    Sep 20
    		$-1.99$-2.24+11.16%Beat-261.8%
    Jun 20
    		$-2.67$-2.75+2.91%Beat-294.9%
    Mar 20
    		$-0.15N/A+53.13%Beat-121.4%
    Dec 19
    		$0.98$1.09-10.09%Miss-16.2%
    Sep 19
    		$1.23$1.08+13.89%Beat+13.9%
    Jun 19
    		$1.37$1.35+1.48%Beat+8.7%
    Mar 19
    		$0.70$0.62+12.90%Beat-6.7%
    Dec 18
    		$1.17$1.08+8.33%Beat+51.9%
    Sep 18
    		$1.08$1.08+0.00%Beat+22.7%
    Jun 18
    		$1.26$1.23+2.44%Beat+1.6%
    Mar 18
    		$0.75$0.74+1.35%Beat+23.0%
    Dec 17
    		$0.77$0.77+0.00%Beat+2.7%
    Sep 17
    		$0.88$0.87+1.15%Beat-5.4%
    Jun 17
    		$1.24$1.20+3.33%Beat-
    Mar 17
    		$0.61$0.63-3.17%Miss-
    Dec 16
    		$0.75$0.70+7.14%Beat-
    Sep 16
    		$0.93$0.88+5.68%Beat-

    Dividends

    Dividend Metrics

    Yield1.87%
    Annual/Share$0.72
    Payout Ratio42.06%
    Frequency4
    Pay MonthsJan, Apr, Jul, Sep
    View LUV's full dividend history

    Key Metrics

    Valuation
    P/E Ratio18.52EV/EBITDA8.12x
    Price/FCF-41.22xFCF Yield-2.43%
    Profitability
    Profit Margin2.78%Operating Margin3.38%
    ROE11.10%ROIC6.56%
    Financial Health
    Debt/Equity0.84xInterest Coverage7.46x
    Current Ratio0.49xQuick Ratio0.42x
    Trading Statistics
    Beta1.14Avg Volume4.49M
    52-Week High$54.6352-Week Low$28.88

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$40.43
    SMA 20$43.18
    SMA 50$46.35
    SMA 200$42.76
    EMA 10$40.67
    EMA 20$42.31
    EMA 50$44.11
    EMA 200$41.99

    MACD

    Line: -1.93Signal: -1.58Hist: -0.35

    ADX

    ADX: 31.9+DI: 13.5-DI: 38.7

    Aroon & PSAR

    Aroon Up28.0
    Aroon Down100.0
    PSAR$42.11

    Bollinger Bands

    Upper Band$49.56
    Lower Band$36.81
    %B Position2951%(Upper)
    Band Width0.13

    RSI (14-Day)

    Oversold
    27.3

    Momentum Oscillators

    Stoch %K0.7
    Stoch %D4.3
    Williams %R-99.1
    ROC (10d)-11.1%
    Momentum-4.83
    CCI (20d)-113.2
    MFI (14d)39.9

    Volatility Measures

    ATR (14d)$1.32(3.4%)
    StdDev (20d)3.19
    Hist Vol32.0%(Moderate)

    Volume Flow

    VWAP$38.78
    OBV330.4M
    AD Line-1.8B
    CMF (20d)-0.505

    Volume Metrics

    Avg Vol (20d)4.3M
    Vol Ratio1.0x
    VWMA (20d)$43.27

    Pivot Points

    R3$41.19
    R2$40.87
    R1$40.26
    Pivot Point$39.94
    S1$39.33
    S2$39.01
    S3$38.40

    Advanced Oscillators

    TSI-32.56
    Ultimate Osc20.5
    KST-135.36

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$8.43B$7.25B$7.44B$6.95B$7.24B$6.43B$6.93B$6.87B$7.35B$6.33B$6.82B$6.53B
    Cost of Revenue$6.01B$4.91B$5.02B$4.85B$4.92B$4.64B$4.80B$4.82B$4.95B$4.83B$5.21B$4.62B
    Gross Profit$2.42B$2.34B$2.42B$2.10B$2.33B$1.78B$2.13B$2.05B$2.41B$1.50B$1.61B$1.91B
    Operating Expenses$2.14B$2.01B$2.03B$2.06B$2.10B$2.01B$1.85B$2.01B$2.01B$1.89B$2.01B$1.79B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.10B$1.04B$1.12B$1.12B$1.13B$1.09B$948.00M$1.08B$1.09B$1.02B$1.13B$958.00M
    Operating Income$285.00M$330.00M$391.00M$35.00M$225.00M$-223,000,000$278.00M$38.00M$398.00M$-393,000,000$-404,000,000$117.00M
    Interest Income$33.00M$23.00M$33.00M$34.00M$54.00M$84.00M$105.00M$121.00M$130.00M$141.00M$158.00M$156.00M
    Interest Expense$52.00M$42.00M$30.00M$22.00M$26.00M$35.00M$47.00M$54.00M$55.00M$58.00M$57.00M$59.00M
    Income Before Tax$306.00M$285.00M$407.00M$68.00M$280.00M$-192,000,000$329.00M$89.00M$478.00M$-298,000,000$-285,000,000$237.00M
    Income Tax Expense$73.00M$58.00M$84.00M$14.00M$67.00M$-43,000,000$67.00M$22.00M$111.00M$-67,000,000$-33,000,000$44.00M
    Net Income$233.00M$227.00M$323.00M$54.00M$213.00M$-149,000,000$262.00M$67.00M$367.00M$-231,000,000$-252,000,000$193.00M
    EBITDA$727.00M$702.00M$775.00M$450.00M$651.00M$155.00M$678.00M$460.00M$807.00M$27.00M$29.00M$516.00M
    EBIT$325.00M$304.00M$404.00M$56.00M$252.00M$-241,000,000$271.00M$22.00M$403.00M$-381,000,000$-386,000,000$140.00M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about LUV

    Government Contracts

    Gov Obligations (TTM)
    $94919
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    6
    New Awards (TTM)
    3
    Avg Remaining Term
    1.9 mo

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    HTC71126F1367Department of DefenseUSTRANSCOM$66000Dec 15, 2025
    HTC71126F1072Department of DefenseUSTRANSCOM$33419Oct 10, 2025
    HTC71126F1038Department of DefenseUSTRANSCOM$3000Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Precision Trading with Southwest Airlines Company (LUV) Risk Zones

    This article from Stock Traders Daily provides a detailed AI-driven analysis for Southwest Airlines (LUV), highlighting divergent sentiment and elevated downside risk. It presents specific trading strategies (Position, Momentum Breakout, Risk Hedging) with entry zones, targets, and stop losses. The analysis also includes multi-timeframe signal strengths and support/resistance levels to guide traders.

    Stock Traders Daily•8/29/26•
    Somewhat-Bearish

    Southwest Airlines stock steadies as Q2 2026 earnings show profit growth

    Southwest Airlines (ISIN US8447411088) saw its stock steady in late August 2026 after reporting strong Q2 2026 earnings, which included $8.43 billion in revenue and a profit margin of 2.76 percent, translating to an EPS of $0.94, significantly beating expectations. Analysts project continued revenue growth for the remainder of 2026, with an estimated full-year revenue of $32.97 billion, underscoring the airline's recovery and robust demand for domestic travel. The stock's performance reflects investor focus on translating this growth into further margin expansion and share-price gains despite some market volatility.

    AD HOC NEWS•8/29/26•
    Bullish

    Legal & General Group Plc Acquires Shares of 188,444 Tyler Technologies, Inc. $TYL

    Legal & General Group Plc has acquired 188,444 shares of Tyler Technologies, Inc. (NYSE:TYL) worth approximately $55.1 million, establishing a 0.46% stake in the company. Institutional investors now collectively own 93.3% of Tyler Technologies. Despite a recent COO stock sale, analysts maintain a "Moderate Buy" rating with an average price target of $456.72 for TYL.

    MarketBeat•8/29/26•
    Neutral

    Southwest Airlines Co. stock outperforms competitors despite losses on the day

    Despite a daily loss of 2.24% on Thursday, Southwest Airlines Co. (LUV) stock outperformed its competitors. The stock closed at $39.76, while the broader market indices, the S&P 500 Index and the Dow Jones Industrial Average, both saw gains. This marked the second consecutive day of losses for Southwest Airlines.

    MarketWatch•8/27/26•
    Somewhat-Bearish

    Will Southwest’s New Premium Perks and Bag Fees Change Southwest Airlines' (LUV) Narrative?

    Southwest Airlines is introducing premium services like extra legroom, preferred seating, and new checked bag fees to boost profitability and potentially restore historical returns. This strategic shift aims to improve pricing without compromising its value reputation, with an estimated earnings power of US$6.00 per share. The success of these initiatives hinges on customer reaction and effective execution amidst demand uncertainty and cost pressures.

    Simply Wall Street•8/27/26•
    Somewhat-Bullish

    Frequently Asked Questions About LUV

    What is LUV's current dividend yield?
    Southwest Airlines Company (LUV) has a current dividend yield of 1.87%.
    Does LUV pay dividends?
    Yes, Southwest Airlines Company pays dividends with a current yield of 1.87%.
    What is LUV's P/E ratio?
    Southwest Airlines Company has a price-to-earnings (P/E) ratio of 18.52.
    What is LUV's market cap?
    Southwest Airlines Company (LUV) has a market capitalization of $19.39B with a current stock price of $38.52.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In