Southwest Airlines Co., typically referred to as Southwest, is one of the major airlines of the United States and the world's largest low-cost carrier airline. It is headquartered in Dallas, Texas.
| Revenue (TTM) | $31.55B |
| Gross Profit (TTM) | $6.99B |
| EBITDA | $2.69B |
| Operating Margin | 4.49% |
| Return on Equity | 13.90% |
| Return on Assets | 3.05% |
| Revenue/Share (TTM) | $63.34 |
| Book Value | $14.97 |
| Price-to-Book | 2.97 |
| Price-to-Sales (TTM) | 0.69 |
| EV/Revenue | 0.792 |
| EV/EBITDA | 8.05 |
| Quarterly Earnings Growth (YoY) | 450.00% |
| Quarterly Revenue Growth (YoY) | 21.20% |
| Shares Outstanding | $489.48M |
| Float | $484.52M |
| % Insiders | 1.01% |
| % Institutions | 94.76% |
Volatility is currently expanding
Southwest Airlines' improving revenues, profitability and cash flow signal progress, but rising costs, fuel risks and valuation concerns warrant caution.
Southwest Airlines' Q3 revenues surged 21.2% on stronger fares and record unit revenues, while soaring fuel costs pressured earnings despite margin gains.
DALLAS, Oct. 26, 2026 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced that it has priced an underwritten public offering of $1,250,000,000 aggregate principal amount of its senior notes, consisting of $600,000,000 aggregate principal amount of 5.750% Notes due 2029 (the "2029 Notes") and $650,000,000 aggregate principal amount of 6.000% Notes due 2031 (the "2031 Notes" and, collectively with the 2029 Notes, the "Notes"). The Company expects to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, the repayment at maturity of all of the Company's outstanding $300 million aggregate principal amount of 3.000% notes due November 15, 2026, as well as the repayment or redemption of other indebtedness or other corporate obligations.
US airlines favor higher fares over fuller planes as fuel costs squeeze profits
Southwest Airlines NYSE: LUV reported record third-quarter operating revenue of $8.4 billion and said its transformation initiatives contributed across the business, helping offset an $820 million year-over-year fuel-cost headwind.
Third-quarter operating revenue reached a record $8.4 billion. Revenue per available seat mile increased 21.6% year over year, exceeding guidance.
Airline shares are rallying Thursday after Southwest Airlines Co. (NYSE:LUV) beat Wall Street's third-quarter estimates.
Southwest Airlines beats Q3 earnings estimates as record revenues, higher fares and strong demand drive profit growth and margin expansion despite rising fuel costs.
Southwest Airlines Co (NYSE:LUV) reported record third-quarter revenue of $8.4 billion as stronger fares lifted income despite an $821 million increase in fuel costs. Operating revenue rose 21% year on year for the three months to September 30, while the operating margin increased to 4.5% from 0.5% a year earlier.
The Dallas-based carrier now expects adjusted earnings per share to be $2.60 to $2.85 this year as fuel costs continue to weigh on airlines' margins.
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