Southwest Airlines Co (LUV)

Industry Airlines

This stock can be held in an Investment ISA and an Investment Account

Sell

$42.90

Buy

$44.00

arrow-up$0.21 (+0.48%)

Prices updated at 29 Oct 2026, 23:57 EDT

Prices minimum 15 mins delay

Prices in USD

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airli ...

S&P 500

-0.3%

NYSE

Important documents: Please ensure that you have read the Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and

our Investment Fees and Charges.

Income statement

Year chevron-l-regular chevron-r-regular	2024	2025
	27,483m	28,063m
	4,459m	4,895m
	321m	428m
	1.17	1.53
	465m	441m
	2,469m	2,236m
Sales, General and administrative	-	-
Interest expenses	214m	113m
Provision for income taxes	133m	122m
Operating expenses	4,138m	4,467m
Income before taxes	598m	563m
Net income available to common shareholders	485m	442m
	0.78	0.82
Net interest income	283m	92m
Advertising and promotion	-	-
Net investment income, net	-	-
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	0.76	0.79
Free cash flow per share	-2.9969	-0.4373
Book value/share	17.5472	15.082
Debt equity ratio	0.589372	0.669716

Balance sheet

Year chevron-l-regular chevron-r-regular	2024	2025
Current assets	11,274m	5,645m
Current liabilities	12,276m	10,921m
Total capital	15,419m	12,558m
Total debt	8,058m	5,981m
Total equity	10,350m	7,981m
Total non current liabilities	-	-
Loans	5,069m	4,577m
Total assets	33,750m	29,061m
Total liabilities	-	-
Cash and cash equivalents	7,509m	3,231m
Common stock	593m	516m

Cash flow

Year chevron-l-regular chevron-r-regular	2024	2025
Cash at beginning of period	9,288m	7,509m
Cash dividends paid	-430m	-399m
	-1,618m	-831m
Investments (gains) losses	-261m	-1,429m
	7,509m	3,231m
Net income	-	-
	462m	1,842m
	-2,080m	-2,673m

The figures shown in the tables are quoted in the currency of the stock selected.

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser.

© Copyright 2026 Morningstar. All rights reserved. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.