Southwest Airlines Co. (LUV)
| Market Cap | 18.14B |
| Revenue (ttm) | 27.48B |
| Net Income (ttm) | 465.00M |
| Shares Out | 592.66M |
| EPS (ttm) | 0.75 |
| PE Ratio | 40.58 |
| Forward PE | 18.40 |
| Dividend | $0.72 (2.35%) |
| Ex-Dividend Date | Mar 12, 2025 |
| Volume | 524,732 |
| Open | 30.17 |
| Previous Close | 30.61 |
| Day's Range | 30.17 - 31.35 |
| 52-Week Range | 23.58 - 36.12 |
| Beta | 1.14 |
| Analysts | Hold |
| Price Target | 32.02 (+4.61%) |
| Earnings Date | Jan 30, 2025 |
About LUV
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2024, the company operated a total fleet of 803 Boeing 737 aircraft; and served 117 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It al... [Read more]
Financial Performance
In 2024, Southwest Airlines Co.'s revenue was $27.48 billion, an increase of 5.34% compared to the previous year's $26.09 billion. Earnings were $465.00 million, a change of 0.00%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for LUV stock is "Hold." The 12-month stock price forecast is $32.02, which is an increase of 4.61% from the latest price.
News
Southwest's layoffs dent its worker-first culture
Southwest Airlines' first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run the risk of undermining a company culture of putting employees first that mad...
The Schall Law Firm Invites Shareholders With Losses In Southwest Airlines Co. To Join A Securities Fraud Investigation
LOS ANGELES, CA / ACCESS Newswire / February 19, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Southwes...
Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs
In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a "leaner and more agile organization" under its transformational plan.
Southwest Airlines transformation chief Ryan Green to step down
Southwest Airlines said on Wednesday its chief transformation officer, Ryan Green, will step down from his role, months after the carrier reached an agreement with activist investor Elliott Investment...
Southwest agrees activist investor Elliott can own up to 19.9% stake until 2026
Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.
Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins
Southwest Airlines gets its prior hold rating from 2023 reaffirmed. Key positive factors are expected air travel growth in 2025, new global airline partnerships, an investment-grade credit rating, and...
Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan'
Southwest Airlines has announced that it will lay off 15% of its employees in an effort to reduce costs and maximize its efficiencies. Here's what you need to know about Southwest's layoffs and how em...
Southwest Airlines cuts 15% of corporate jobs
CNBC's Phil LeBeau reports on the latest job cuts in the airline industry.
Southwest to lay off 15% of corporate staff in cost-cutting effort
Southwest Airlines cut hundreds of corporate roles, including senior leadership and director positions, as it works to trim its overhead and become a leaner company.
Southwest Airlines layoffs to save $300M: stock rises, analysts optimistic
Southwest Airlines' share price was rising in pre-market hours as the airline announced plans to cut 1,750 corporate jobs, marking the first mass layoffs in its 53-year history.
Southwest Airlines Stock Rises After Company Starts First-Ever Mass Layoff Plan
Shares of Southwest Airlines (LUV) rose in premarket trading Tuesday after the carrier said it plans to cut 15% of its corporate workforce, eliminating about 1,750 jobs in the first large layoffs in i...
Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history
Southwest Airlines says it seeks to cut costs and create a leaner company able to compete.
Southwest Airlines is cutting 15% of its workforce in its first-ever mass layoff. Read the CEO's full memo to employees.
Southwest Airlines is cutting 15% of its corporate workforce, or 1,750 employees, the carrier said. They're the first major layoffs in Southwest's 53-year history and come amid profitability woes.
Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
Southwest Airlines said on Monday it would cut about 15% of corporate jobs, or about 1,750 roles, as the U.S. budget carrier looks to reduce costs and streamline its organizational structure.
SOUTHWEST AIRLINES ANNOUNCES REDUCTION IN CORPORATE OVERHEAD WORKFORCE
Airline implements workforce reduction in corporate and leadership roles DALLAS , Feb. 17, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced a reduction in its wo...
Southwest Airlines to cut 15% of corporate jobs in cost-saving push
Southwest said it would cut about 15% of its corporate workforce, or 1,750 jobs. The airline has been under pressure to cut costs. CEO Bob Jordan said it was the company's first large-scale layoff.
SOUTHWEST AIRLINES ANNOUNCES TOM DOXEY AS EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER
DALLAS , Feb. 10, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced that Tom Doxey has been named Executive Vice President & Chief Financial Officer effective March 10, bringin...
SOUTHWEST AIRLINES EXTENDS SCHEDULE THROUGH NOVEMBER 1, 2025
DALLAS , Feb. 6, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced it has extended its flight schedule through Nov. 1, 2025. The airline continues bringing new and more nonstop f...
SOUTHWEST AIRLINES DECLARES 184th QUARTERLY DIVIDEND
DALLAS , Feb. 5, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on M...
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Southwest Airlines Co. For Securities Fraud
LOS ANGELES, CA / ACCESS Newswire / February 2, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Southwest...
The Schall Law Firm Invites Shareholders With Losses To Join An Investigation Into Southwest Airlines Co. For Securities Fraud
LOS ANGELES, CA / ACCESS Newswire / January 31, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Southwest...
Southwest Airlines Co. (LUV) Q4 2024 Earnings Call Transcript
Southwest Airlines Co. (NYSE:LUV) Q4 2024 Results Conference Call January 30, 2025 12:30 PM ET Company Participants Julia Landrum - Vice President, Investor Relations Bob Jordan - President & CEO And...
Southwest CEO: Air traffic control system in need of modernization for decades
Southwest Airlines CEO Bob Jordan discusses the company's quarterly earnings results and his thoughts on the midair collision between an American Airlines regional jet and a Black Hawk military helico...
Southwest Airlines CEO Bob Jordan on Q4 results, D.C. plane crash and Boeing deliveries
CNBC's Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly earnings results, his thoughts on the midair collision between an American Airli...
Southwest Airlines Posts Record Revenue. Why the Stock Is Falling.
The carrier reported fourth-quarter earnings of 56 cents a share on revenue of $6.3 billion.