SOUTHWEST AIRLINES CO
Close on Oct 19, 2026
- Market cap
- $19.13B
- P/E (TTM)
- 24.6
- Dividend yield
- 1.86%
About Southwest Airlines
Air Transportation, Scheduled, SIC 4512
Southwest Airlines Co. operates a major passenger airline providing scheduled air transportation. The company offers scheduled flights primarily utilizing a point-to-point network structure complemented by select hub connectivity, alongside vacation packages through its in-house Getaways product and ancillary travel services. Service offerings feature multiple fare tiers—Basic, Choice, Choice Preferred, and Choice Extra—which provide assigned and extra-legroom seating options, boarding privileges, and integration with its Rapid Rewards loyalty program. Southwest serves individual leisure passengers, business travelers through dedicated corporate channels, and international travelers connecting via global airline partnerships.
The company operates an all-Boeing fleet of 803 737 aircraft across 117 destinations spanning 42 U.S. states, the District of Columbia, Puerto Rico, and ten near-international countries across the Caribbean and Central America, including Mexico, Jamaica, the Bahamas, and Costa Rica. It also connects passengers to global routes through interline agreements across multiple domestic gateways. The provided text details operations across various cities but does not state the location of corporate headquarters.
Summary of the business section of Southwest Airlines's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SOUTHWEST AIRLINES CO
- Founded
- 1971
- Headquarters
- Dallas, TX
- Address
- 2702 Love Field Dr, P O Box 36611 75235
- Phone
- (214) 792-4000
- Website
- southwest.com
- Employees
- 72,790, Dec 31, 2025
- Industry
- Air Transportation, Scheduled
- Incorporated in
- Texas
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Dallas, TX
Stock & identifiers
- Ticker
- LUV
- Exchange
- NYSE
- Shares outstanding
- 489M, Jul 22, 2026
- Public float
- $16.89B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Feb 16, 2001; 3-for-2, Jul 20, 1999; 3-for-2, Aug 21, 1998; 3-for-2, Nov 28, 1997; 3-for-2, Jul 16, 1993; 2-for-1, Jul 16, 1992; 3-for-2, Aug 30, 1990; 5-for-4, Jan 30, 1984; 2-for-1, Jan 24, 1983; 5-for-4, Oct 23, 1981; 3-for-2, Sep 23, 1980
- SEC CIK
- 92380
- CUSIP
- 844741108
- ISIN
- US8447411088
- LEI
- UDTZ87G0STFETI6HGH41
- EIN
- 74-1563240
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robert E. Jordan | CEO & President, Director | 647,823 |
| Jimmy Ryan Martinez | Principal Accounting Officer | 28,862 |
| Andrew M. Watterson | Chief Operating Officer | 227,941 |
| Anthony Roach | Chief Customer & Brand Officer | 73,258 |
| Justin Jones | EVP & Chief Commercial Officer | 85,784 |
| Tom Doxey | EVP, Chief Financial Officer | 111,116 |
| Lauren Tauscher Woods | EVP & CIO | 56,658 |
| Ryan C. Green | EVP Chief Transformation Ofr. | 92,936 |
| Tammy Romo | EVP & CFO | 285,858 |
| Linda B. Rutherford | Chief Administration Officer | 120,933 |
| Jason T. Liberty | Director | 3,787 |
| Varun Krishna | Director | 3,787 |
| Robert L. Fornaro | Director | 13,537 |
| Pierre R. Breber | Director | 57,537 |
| Douglas H. Brooks | Director | 84,223 |
| David P. Hess | Director | 32,682 |
| Christopher P. Reynolds | Director | 28,440 |
| Lisa M. Atherton | Director | 15,648 |
| Sarah Feinberg | Director | 18,605 |
| Patricia A. Watson | Director | 22,048 |
| David Grissen | Director | 13,537 |
| Gregg A. Saretsky | Director | 20,899 |
| Rakesh Gangwal | Director | 3,611,729 |
| C. David Cush | Director | 24,429 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Gary C.Kelly | $0 | $0 | $6.64M | $95 | $88 |
| FY2025 Robert E.Jordan | $16.59M | $21.87M | $6.64M | $95 | $88 |
| FY2024 Gary C.Kelly | $0 | $0 | $4.49M | $66 | $63 |
| FY2024 Robert E.Jordan | $10.56M | $9.35M | $4.49M | $66 | $63 |
| FY2023 Gary C.Kelly | $0 | $0 | $5.97M | $55 | $63 |
| FY2023 Robert E.Jordan | $9.31M | $8.54M | $5.97M | $55 | $63 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company had 72,790 active full-time equivalent Employees, consisting of 32,214 air operations (including Pilots, Flight Attendants, Dispatchers, Flight Simulator Technicians, Flight Crew Training Instructors, and Meteorologists), 21,734 ground operations (including Ramp, Operations, Provisioning, Freight Agents, and Customer Service Agents), 2,”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 28, 2024 | Delisting | Notice of delisting from exchange (Form 25) |
| Jul 3, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 19, 2010 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 1, 2004 | Listing | Registration of securities on an exchange (Form 8-A) |