Southwest Airlines Co (LUV) stock
LUVNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 12/3015% below fair value
$44.94−0.29 (-0.64%)
Close on Nov 13, 2026Market cap $22.00BP/E 22.1Yield 1.60%
Southwest Airlines cash
Cash and short-term investments held at the end of each period.
Southwest Airlines's cash was $3.62B at Sep 30, 2026. For fiscal 2025 it was $3.23B, down 63.0% from the year before. Over ten years it grew 0.6% a year on average. The highest annual figure on record is $15.50B in fiscal 2021.
Annual cash
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.23B | -63.0% |
| FY2024 | Dec 31, 2024 | $8.73B | -24.0% |
| FY2023 | Dec 31, 2023 | $11.47B | -6.7% |
| FY2022 | Dec 31, 2022 | $12.29B | -20.7% |
| FY2021 | Dec 31, 2021 | $15.50B | +16.3% |
| FY2020 | Dec 31, 2020 | $13.33B | +227.5% |
| FY2019 | Dec 31, 2019 | $4.07B | +10.4% |
| FY2018 | Dec 31, 2018 | $3.69B | +12.7% |
| FY2017 | Dec 31, 2017 | $3.27B | -1.0% |
| FY2016 | Dec 31, 2016 | $3.31B | +8.3% |
| FY2015 | Dec 31, 2015 | $3.05B | +2.1% |
| FY2014 | Dec 31, 2014 | $2.99B | -5.2% |
| FY2013 | Dec 31, 2013 | $3.15B | +6.1% |
| FY2012 | Dec 31, 2012 | $2.97B | -5.5% |
| FY2011 | Dec 31, 2011 | $3.14B | -11.1% |
| FY2010 | Dec 31, 2010 | $3.54B | +36.4% |
| FY2009 | Dec 31, 2009 | $2.59B | +43.8% |
| FY2008 | Dec 31, 2008 | $1.80B | -18.5% |
| FY2007 | Dec 31, 2007 | $2.21B | +59.2% |
| FY2006 | Dec 31, 2006 | $1.39B | – |
Quarterly cash
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $3.62B | +20.1% |
| Q2 FY2026 | Jun 30, 2026 | $3.79B | -1.3% |
| Q1 FY2026 | Mar 31, 2026 | $3.33B | -59.7% |
| Q4 FY2025 | Dec 31, 2025 | $3.23B | -63.0% |
| Q3 FY2025 | Sep 30, 2025 | $3.02B | -67.8% |
| Q2 FY2025 | Jun 30, 2025 | $3.84B | -61.6% |
| Q1 FY2025 | Mar 31, 2025 | $8.25B | -21.5% |
| Q4 FY2024 | Dec 31, 2024 | $8.73B | -24.0% |
| Q3 FY2024 | Sep 30, 2024 | $9.38B | -20.0% |
| Q2 FY2024 | Jun 30, 2024 | $10.00B | -17.9% |
| Q1 FY2024 | Mar 31, 2024 | $10.51B | -10.0% |
| Q4 FY2023 | Dec 31, 2023 | $11.47B | -6.7% |
| Q3 FY2023 | Sep 30, 2023 | $11.73B | -14.2% |
| Q2 FY2023 | Jun 30, 2023 | $12.18B | -25.9% |
| Q1 FY2023 | Mar 31, 2023 | $11.67B | -25.8% |
| Q4 FY2022 | Dec 31, 2022 | $12.29B | -20.7% |
| Q3 FY2022 | Sep 30, 2022 | $13.67B | -14.6% |
| Q2 FY2022 | Jun 30, 2022 | $16.43B | -2.6% |
| Q1 FY2022 | Mar 31, 2022 | $15.74B | +9.7% |
| Q4 FY2021 | Dec 31, 2021 | $15.50B | +16.3% |
| Q3 FY2021 | Sep 30, 2021 | $16.00B | +9.9% |
| Q2 FY2021 | Jun 30, 2021 | $16.88B | +16.7% |
| Q1 FY2021 | Mar 31, 2021 | $14.35B | +158.8% |
| Q4 FY2020 | Dec 31, 2020 | $13.33B | +227.5% |
| Q3 FY2020 | Sep 30, 2020 | $14.56B | +262.6% |
| Q2 FY2020 | Jun 30, 2020 | $14.46B | +262.7% |
| Q1 FY2020 | Mar 31, 2020 | $5.55B | +43.6% |
| Q4 FY2019 | Dec 31, 2019 | $4.07B | +10.4% |
| Q3 FY2019 | Sep 30, 2019 | $4.02B | +5.1% |
| Q2 FY2019 | Jun 30, 2019 | $3.99B | +8.1% |
| Q1 FY2019 | Mar 31, 2019 | $3.86B | +19.1% |
| Q4 FY2018 | Dec 31, 2018 | $3.69B | +12.7% |
| Q3 FY2018 | Sep 30, 2018 | $3.82B | +25.7% |
| Q2 FY2018 | Jun 30, 2018 | $3.69B | +16.9% |
| Q1 FY2018 | Mar 31, 2018 | $3.24B | -6.9% |
| Q4 FY2017 | Dec 31, 2017 | $3.27B | -1.0% |
| Q3 FY2017 | Sep 30, 2017 | $3.04B | – |
| Q2 FY2017 | Jun 30, 2017 | $3.15B | – |
| Q1 FY2017 | Mar 31, 2017 | $3.48B | – |
| Q4 FY2016 | Dec 31, 2016 | $3.31B | – |
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