LUV Southwest Airlines Co.
Southwest Airlines Co. engages in the management of a passenger airline. It offers ancillary services such as earlybird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. It operates in U.S. states, District of Columbia, the Commonwealth of Puerto Rico, Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 15, 1967 and is headquartered in Dallas, TX.
Company profile
Ticker
LUV
Exchange
Website
CEO
Gary C. Kelly
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
741563240
LUV stock data
()
Calendar
28 Apr 20
10 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 4.23B | 5.73B | 5.64B | 5.91B | |
| Net income | -94M | 514M | 659M | 741M | |
| Diluted EPS | -0.18 | 0.98 | 1.23 | 1.37 | |
| Net profit margin | -2.22% | 8.97% | 11.69% | 12.54% | |
| Operating income | -110M | 665M | 819M | 968M | |
| Net change in cash | 1.39B | 60M | 42M | 102M | |
| Cash on hand | 3.94B | 2.55B | 2.49B | 2.45B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 22.43B | 21.97B | 21.17B | 20.43B | |
| Net income | 2.3B | 2.47B | 3.36B | 2.18B | |
| Diluted EPS | 4.27 | 4.29 | 5.57 | 3.45 | |
| Net profit margin | 10.26% | 11.22% | 15.86% | 10.69% | |
| Operating income | 2.96B | 3.21B | 3.41B | 3.52B | |
| Net change in cash | 694M | 359M | -185M | 97M | |
| Cash on hand | 2.55B | 1.85B | 1.5B | 1.68B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 20 | Kelly Gary C | Common Stock | Gift | Dispose G | No | 0 | 7,350 | 0 | 163,503 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 32.75 | 112 | 3.67K | 31,130 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.98 | 176 | 5.63K | 45,036 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.97 | 222 | 7.1K | 45,212 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.96 | 437 | 13.97K | 45,434 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.95 | 300 | 9.59K | 45,871 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.94 | 67 | 2.14K | 46,171 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.93 | 100 | 3.19K | 46,238 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.92 | 400 | 12.77K | 46,338 |
| 29 May 20 | Watterson Andrew M | Common Stock | Sell | Dispose S | No | 31.91 | 713 | 22.75K | 46,738 |
Institutional ownership Q1 2020
71.4% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 781 |
| Opened positions | 96 |
| Closed positions | 201 |
| Increased positions | 252 |
| Reduced positions | 328 |
13F shares |
Current |
|---|---|
| Total value | 210.57B |
| Total shares | 421.01M |
| Total puts | 5.46M |
| Total calls | 3.98M |
| Total put/call ratio | 1.4 |
Largest owners |
Shares | Value |
|---|---|---|
| Primecap Management | 67.9M | $2.42B |
| BRK.A Berkshire Hathaway | 53.64M | $1.91B |
| STT State Street | 38.81M | $1.38B |
| Vanguard | 35.97M | $1.28B |
| BLK BlackRock | 24.77M | $882.24M |
| Artisan Partners Limited Partnership | 10.81M | $385.12M |
| Harris Associates L P | 7.92M | $282.15M |
| AMP Ameriprise Financial | 6.93M | $246.94M |
| Geode Capital Management | 6.71M | $238.61M |
| FMR | 6.3M | $224.41M |
Financial report summary
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Content analysis
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Financial reports
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
4 Feb 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
30 Apr 19
10-K
2018 FY
Annual report
5 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
10-Q
2018 Q2
Quarterly report
1 Aug 18
10-Q
2018 Q1
Quarterly report
1 May 18
10-K
2017 FY
Annual report
7 Feb 18
Current reports
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
30 Jun 20
8-K
Termination of a Material Definitive Agreement
17 Jun 20
8-K
Entry into a Material Definitive Agreement
8 Jun 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
1 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
26 May 20
8-K
Regulation FD Disclosure
19 May 20
8-K
Regulation FD Disclosure
8 May 20
8-K
Entry into a Material Definitive Agreement
4 May 20
8-K
Entry into a Material Definitive Agreement
1 May 20
8-K
Southwest Reports First Quarter 2020 Results
28 Apr 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
5 Jun 20
FWP
Free writing prospectus
4 Jun 20
424B5
Prospectus supplement for primary offering
3 Jun 20
424B5
Prospectus supplement for primary offering
1 May 20
424B5
Prospectus supplement for primary offering
30 Apr 20
424B5
Prospectus supplement for primary offering
30 Apr 20
FWP
Free writing prospectus
29 Apr 20
424B5
Prospectus supplement for primary offering
29 Apr 20
FWP
Free writing prospectus
29 Apr 20
424B5
Prospectus supplement for primary offering
28 Apr 20
Proxies
PX14A6G
Letter to shareholders
6 May 20
DEF 14A
Definitive proxy
9 Apr 20
DEF 14A
Definitive proxy
5 Apr 19
DEF 14A
Definitive proxy
6 Apr 18
DEF 14A
Definitive proxy
11 Apr 17
DEF 14A
Definitive proxy
8 Apr 16
DEF 14A
Definitive proxy
6 Apr 15
DEF 14A
Definitive proxy
4 Apr 14
DEF 14A
Definitive proxy
5 Apr 13
DEF 14A
Definitive proxy
5 Apr 12
Other
CT ORDER
Confidential treatment order
7 Mar 19
UPLOAD
Letter from SEC
28 Aug 18
CORRESP
Correspondence with SEC
8 Aug 18
UPLOAD
Letter from SEC
26 Jul 18
CT ORDER
Confidential treatment order
24 May 18
CT ORDER
Confidential treatment order
15 Mar 18
CT ORDER
Confidential treatment order
30 Nov 17
CT ORDER
Confidential treatment order
10 Aug 17
CT ORDER
Confidential treatment order
31 May 17
UPLOAD
Letter from SEC
24 Apr 17
Ownership
4
SOUTHWEST AIRLINES / GARY C KELLY ownership change
5 Jun 20
4
SOUTHWEST AIRLINES / Andrew M Watterson ownership change
2 Jun 20
4
SOUTHWEST AIRLINES / Andrew M Watterson ownership change
2 Jun 20
4
SOUTHWEST AIRLINES / Andrew M Watterson ownership change
2 Jun 20
4
SOUTHWEST AIRLINES / Andrew M Watterson ownership change
2 Jun 20
4
SOUTHWEST AIRLINES / J VERONICA BIGGINS ownership change
22 May 20
4
SOUTHWEST AIRLINES / RON RICKS ownership change
22 May 20
4
SOUTHWEST AIRLINES / JOHN G DENISON ownership change
22 May 20
4
SOUTHWEST AIRLINES / GARY C KELLY ownership change
22 May 20
4
SOUTHWEST AIRLINES / DOUGLAS H BROOKS ownership change
22 May 20
Patents
GRANT
Utility
Provisioning cart for on-aircraft restocking
17 Dec 19
A cart for restocking provisions includes a body having one or more exterior surfaces.
APP
Utility
Detection System
12 Dec 19
A method for detecting objects in traffic flow includes identifying a location of a first camera and a second camera.