at southwest airlines we connect people to what’s important in their lives—that also means connecting our employees to what’s important in their lives! our employees value the opportunity to work hard, be creative, and have fun on the job.
Company profile
Ticker
LUV
Exchange
Website
CEO
Gary Kelly
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AirTran Airways, Inc. • AirTran Holdings, LLC • Southwest Jet Fuel Co. • Triple Crown Assurance Co. • Southwest Airlines Renewable Ventures LLC ...
IRS number
741563240
LUV stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
26 Apr 24
8-K
Southwest Airlines Reports First Quarter 2024 Results
25 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
8-K
Regulation FD Disclosure
12 Mar 24
S-3ASR
Automatic shelf registration
7 Feb 24
10-K
2023 FY
Annual report
6 Feb 24
8-K
Results of Operations and Financial Condition
6 Feb 24
8-K
Southwest Airlines Reports Fourth Quarter and Full Year 2023 Results
25 Jan 24
Transcripts
LUV
Earnings call transcript
2024 Q1
25 Apr 24
LUV
Earnings call transcript
2023 Q4
25 Jan 24
LUV
Earnings call transcript
2023 Q3
26 Oct 23
LUV
Earnings call transcript
2023 Q2
27 Jul 23
LUV
Earnings call transcript
2023 Q1
27 Apr 23
LUV
Earnings call transcript
2022 Q4
26 Jan 23
LUV
Earnings call transcript
2022 Q3
27 Oct 22
LUV
Earnings call transcript
2022 Q2
28 Jul 22
LUV
Earnings call transcript
2022 Q1
28 Apr 22
LUV
Earnings call transcript
2021 Q4
27 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.50 bn | 9.50 bn | 9.50 bn | 9.50 bn | 9.50 bn | 9.50 bn |
Cash burn (monthly) | (no burn) | 78.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 544.31 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 8.95 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 113.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
79.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 757 |
Opened positions | 88 |
Closed positions | 160 |
Increased positions | 228 |
Reduced positions | 302 |
13F shares | Current |
---|---|
Total value | 12.93 tn |
Total shares | 477.40 mm |
Total puts | 11.74 mm |
Total calls | 9.43 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 65.59 mm | $1.78 tn |
Primecap Management | 49.80 mm | $1.35 tn |
Capital World Investors | 44.03 mm | $1.19 tn |
STT State Street | 39.87 mm | $1.08 tn |
BLK Blackrock | 32.20 mm | $871.62 bn |
T. Rowe Price | 25.40 mm | $692.81 bn |
T. Rowe Price Investment Management | 17.28 mm | $471.34 bn |
Geode Capital Management | 12.68 mm | $342.72 bn |
Putnam Investments | 12.12 mm | $328.02 bn |
Artisan Partners Limited Partnership | 10.74 mm | $290.83 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Jan 24 | Kelly Gary C | Common Stock | Grant | Acquire A | No | No | 0 | 22,736 | 0.00 | 262,281 |
31 Jan 24 | Kelly Gary C | Common Stock | Grant | Acquire A | No | No | 0 | 63,567 | 0.00 | 239,545 |
31 Jan 24 | Romo Tammy | Common Stock | Grant | Acquire A | No | No | 0 | 25,057 | 0.00 | 263,439 |
31 Jan 24 | Romo Tammy | Common Stock | Grant | Acquire A | No | No | 0 | 45,919 | 0.00 | 238,382 |
31 Jan 24 | Robert E Jordan | Common Stock | Grant | Acquire A | No | No | 0 | 25,651 | 0.00 | 362,291 |
31 Jan 24 | Robert E Jordan | Common Stock | Grant | Acquire A | No | No | 0 | 117,306 | 0.00 | 336,640 |
31 Jan 24 | Mark R Shaw | Common Stock | Grant | Acquire A | No | No | 0 | 33,700 | 0.00 | 165,965 |
31 Jan 24 | Mark R Shaw | Common Stock | Grant | Acquire A | No | No | 0 | 36,802 | 0.00 | 132,265 |
31 Jan 24 | Ryan C. Green | Common Stock | Grant | Acquire A | No | No | 0 | 3,210 | 0.00 | 64,366 |
31 Jan 24 | Ryan C. Green | Common Stock | Grant | Acquire A | No | No | 0 | 34,795 | 0.00 | 61,156 |
News
Where Southwest Airlines Stands With Analysts
26 Apr 24
Barclays Maintains Equal-Weight on Southwest Airlines, Lowers Price Target to $26
26 Apr 24
Southwest Airlines May Ditch 'Open Seating' To Make More Money From 'Premium Seating' Options
26 Apr 24
Is "Bad News" Still "Good News" for the Market?
25 Apr 24
Why Caterpillar Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
25 Apr 24
Press releases
SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH MARCH 5, 2025
26 Apr 24
SOUTHWEST AIRLINES REPORTS FIRST QUARTER 2024 RESULTS
25 Apr 24
SOUTHWEST AIRLINES FLIGHT ATTENDANTS RATIFY NEW CONTRACT
24 Apr 24
Southwest Airlines to Discuss First Quarter 2024 Financial Results on April 25, 2024
18 Apr 24
SOUTHWEST AIRLINES LAUNCHES 'THE BIG FLEX': A BOLD NEW BRAND CAMPAIGN SHOWCASING THE CARRIER'S FUN-LOVING PERSONALITY AND FLEXIBLE POLICIES ON EVERY FARE, EVERYWHERE
18 Apr 24