LUV · Southwest Airlines Co
$44.26
-0.61 (-1.36%)
At close · Aug 14
Market Cap
$21.65B
Shares
489.21M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$44.26
Open$44.75
Day$44.10–45.14
52W close$29.67–54.80
Avg vol 30d5.2M
Short int32.9M · 6.7% float · 5.7d
Short vol57%
Last earningsJul 23, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 23
Up next
Next earnings call
Oct 22, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 23, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 14.3 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+4%
above
Price vs 50-day avg
−6%
below
RSI (14)
41
neutral
MACD trend
Negative
52-week position
58%
mid-range
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−8%
trailing
6-month return
−13%
trailing
YTD return
+7%
this year
Relative strength
−27%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $47 › 200d $42 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +166 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
6.73% of float · ▲ +4.2% MoM · 5.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
916 holders — near 3-yr high, broad support
Squeeze score
71
high risk · 0–100
Fundamentals
Revenue growth
+4%
Y/Y
EPS growth
+4%
Y/Y
Free cash flow
$395.0M
Valuation
P/E 28
rich
Buyback
$450.0M
remaining
Balance sheet
$77.0M
net cash
Quant / Vol
risk profile
Volatility
44%
annualized · 1-yr
Max drawdown
−34%
past year
ATR
3.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 22, 2026
3Q 2026
Adjusted EPS
Non-GAAP
$0.50 – $0.75
ASMs, year-over-year
-1% – 0%
CASM-X, year-over-year
Non-GAAP
3.5% – 4%
RASM, year-over-year
17.5% – 19.5%
Fuel cost per gallon
$4 – $4
full-year 2026
Adjusted EPS
Non-GAAP
$3.25 – $4.25
2026
Full-year capacity growth
1.5%
Prior guidance
period ended
· from the 8-K filed Apr 22, 2026
Adjusted EPS
· 2Q 2026
$0.35 – $0.65
CASM-X
· 2Q 2026
3.5% – 4%
RASM (unit revenues)
· 2Q 2026
16.5% – 18.5%
ASMs (capacity)
· 2Q 2026
0% – 1%
Fuel cost per gallon
· 2Q 2026
$4 – $4
CASM-X
· 2Q 2026
3.5% – 4%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+4%
Bullish
Price vs 50-day avg
−6%
Bearish
RSI (14)
41
Neutral
MACD trend
Negative
Bearish
52-week position
58%
Neutral
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $47 › 200d $42 — 50d above 200d
Institutional flow
Accumulating
+5% holders QoQ · +166 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
6.73% of float · ▲ +4.2% MoM · 5.7 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
916 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $30
Now $44 · 58%
Range high $55
vs 200-day avg +4%
vs 50-day avg -6%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted operating margin non-GAAP | 6.7% | second quarter 2026 | — |
| Adjusted RASM growth non-GAAP | 20.1% | second quarter 2026 | — |
| Aircraft fleet | 803 | second quarter 2026 | — |
| CASM-X growth non-GAAP | 3.4% | second quarter 2026 | — |
| Chase co-branded credit card acquisitions growth | 28% | second quarter 2026 | — |
| Fuel cost per gallon | $3.92 | second quarter 2026 | — |
| Gross capital expenditures | $818M | second quarter 2026 | — |
| Liquidity | $5.3B | second quarter 2026 | — |
| Managed business revenues growth | 30% | second quarter 2026 | — |
| Operating capacity growth | 0.2% | second quarter 2026 | — |
| Rapid Rewards Members | 100M | second quarter 2026 | — |
| Rapid Rewards new enrollments growth | 35% | second quarter 2026 | — |
| RASM growth | 16.2% | second quarter 2026 | — |
| Capacity (ASMs) | 1.5% | Q1 2026 | — |
| CASM-X non-GAAP | 2.3% | Q1 2026 | — |
| Customer buy-up | 60% | Q1 2026 | — |
| Leverage non-GAAP | 2.2 | Q1 2026 | — |
| Managed business revenue growth (March) | 25% | March 2026 | — |
| Managed business revenue growth (quarter) | 16% | Q1 2026 | — |
| Rapid Rewards enrollments | 37% | Q1 2026 | — |
| Rapid Rewards tier-status earners | 62% | Q1 2026 | — |
| RASM | 11.2% | Q1 2026 | — |
| Fourth quarter 2025 adjusted EBIT non-GAAP | $386M | Q4 2025 | — |
| Fourth quarter 2025 adjusted net income non-GAAP | $301M | Q4 2025 | — |
| Fourth quarter 2025 capacity growth | 5.8% | Q4 2025 | — |
| Fourth quarter 2025 CASM-X year-over-year change non-GAAP | 0.8% | Q4 2025 | — |
| Full year 2025 adjusted EBIT non-GAAP | $574M | Full year 2025 | — |
| Full year 2025 adjusted EBITDAR non-GAAP | $2.46B | Full year 2025 | — |
| Full year 2025 adjusted net income non-GAAP | $512M | Full year 2025 | — |
| Full year 2025 capacity growth | 1.6% | Full year 2025 | — |
| Full year 2025 CASM-X year-over-year change non-GAAP | 3.1% | Full year 2025 | — |
| Full year 2025 operating income, non-GAAP non-GAAP | $539M | Full year 2025 | — |
| Shareholder returns in 2025 | 2.9B | Full year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Airlines — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LUV
this stock
Southwest Airlines Co
|
$21.65B | +7.1% | +3.7% | 28.0 | 6.7% |
|
DAL
Delta Air Lines, Inc.
|
$58.76B | +28.7% | +4.0% | 14.8 | 3.9% |
|
UAL
United Airlines Holdings, Inc.
|
$40.61B | +12.1% | +3.2% | 11.7 | 7.2% |
|
RYAAY
Ryanair Holdings PLC
|
$30.52B | -18.5% | — | — | 0.5% |
|
LTM
Latam Airlines Group S.A.
|
$15.73B | -3.2% | — | — | 1.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Congressional Trades
Sell
Member
Matthew Robert Van Epps
- Amount
- $1.0K–$15.0K
- Traded
- Jun 16, 2026
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LUV | -5.9% | -8.0% | -13.1% | -1.6% | +7.1% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | -6.3% | -12.4% | -26.8% | -5.5% | -6.8% |
Capital returns
Latest dividend
$0.18
/ share · ex Jun 11, 2026
Declared · upcoming
$0.18
/ share · ex Sep 3, 2026
Paid (TTM)
$0.72
/ share · 4 payouts
Dividend yield (TTM, derived)
1.63%
Buyback program
· as of Jul 22, 2026
Authorized
$2.00B
Spent (derived)
$1.55B
Remaining
$450.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
92380
CUSIP
844741108
13F (30d)
858 filings
827 filers
Visit website
Investor relations