Key facts, as of
As of November 2, 2026, Southwest Airlines (LUV) trades at $43.89, up 44.9% over the past year. Its 52-week range runs from $29.26 to $55.11; the price is 20.4% below that high. It is 34.5% below its all-time high of $66.99, reached in December 2017. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +19.9%, against +316.3% for the S&P 500 (SPY). It sits 1.0% above its 200-day average of $43.46. Its 30-day volatility is 37.1% annualized, which we rate high risk. It has a trailing P/E of 21.4 and a dividend yield of 1.70%. Southwest Airlines (LUV) has confirmed its next earnings report for January 27, 2027, after the market closes (date from Yahoo Finance, listed on our January 2027 earnings calendar).
Cite: Portfolio Terminal, "Southwest Airlines (LUV) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/luv
Where it trades today
trading 57% of the way up its 52-week range
How the price has moved
How far it is from its record
Southwest Airlines (LUV) is 34.5% below its all-time high of $66.99, reached in December 2017. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +19.9%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- LUV closes above its 50-day average ($40.81) while the 50-day is still under the 200-day ($43.46): a rebound inside a longer decline, not yet an uptrend.
- At $43.89, LUV is 20.4% below its 1-year high of $55.11, set on February 17, 2026, and 50.0% above its 1-year low of $29.26 (November 4, 2025).
- Over the past month LUV rose 3.3%, from $42.47 to $43.89.
- LUV trades at 21.4x its last twelve months of earnings and 10.5x the next twelve months' estimate, so analysts expect earnings 103.6% higher.
- Its P/E is 61.0% above the 13.3x median of the 2 other airlines companies we track (DAL, UAL).
- LUV's 30-day volatility, 37.1% a year, works out to a typical daily move of about 2.3%.
- Yahoo Finance puts its beta at 1.22: over five years of monthly returns, LUV moved about 1.22% for each 1% move of the S&P 500.
What would change the read
- The rebound holds while it closes above the 50-day average, $40.81 (−7.0%); it becomes an uptrend when the 50-day climbs 6.5% to cross the 200-day at $43.46.
- A close above $55.11 (+25.6%) would be a new 1-year high; below $29.26 (−33.3%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for LUV, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under airlines among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for LUV by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for LUV. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Airlines.
What Southwest Airlines does
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally. It also provides Rapid Rewards loyalty program; SWABIZ, an online booking tool; and inflight entertainment platform that includes movies-on-demand live and on-demand television, flight tracker, and additional curated content, as well as a variety of premium snacks and coffee. In addition, the company offers ancillary services, such as in-flight purchases, baggage fees, EarlyBird Check-In, and upgraded boarding, as well as transportation of pets and unaccompanied minors. As of December 31, 2025, the company operated a total fleet of 803…
What analysts expect
LUV carries a buy consensus from 24 analysts, with an average price target of $49.89 versus $43.89 today (+13.7%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
LUV generated $31.55B in trailing revenue (21.2% year over year), with a 3.3% net margin, and -$612.88M of free cash flow, against $3.25B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $28.06B | $4.89B | $428.00M | $441.00M | $0.82 | -$831.00M |
| 2024 | $27.48B | $4.46B | $321.00M | $465.00M | $0.78 | -$1.59B |
| 2023 | $26.09B | $4.22B | $224.00M | $465.00M | $0.84 | -$356.00M |
| 2022 | $23.81B | $4.75B | $1.02B | $539.00M | $0.91 | -$156.00M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
LUV is in 16 of the 54 ETFs we track. It weighs most in XLI: 0.36% of the fund, holding #62 of 83.
Famous investors who hold it
LUV is in the latest 13F of 1 of the 15 famous investors we follow. Ray Dalio (Bridgewater Associates) holds the most of it: 0.22% of the portfolio, position #75 of 992, as of Q2 2026.
How its figures compare with those peers
Companies in the same industry
LUV beside the other companies Yahoo Finance files under airlines among the assets we track (DAL, UAL, largest first).
LUVyou are here$43.89$21.48B
DALDelta Air Lines$83.08$54.66B
UALUnited Airlines$109.31$35.51BWhat the chart is saying
Back above its 50-day average, still under the long-term trend.
recovering- Price is 7.5% above its 50-day average and 1.0% above its 200-day.
- The 50-day crossed below the 200-day on 2026-09-21 (a “death cross”).
- RSI at 61 is neither stretched nor washed out.
- The nearest ceiling is $44.97 (+2.5%), the nearest floor $41.94 (-4.5%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is LUV valued right now?
Southwest Airlines trades at 21.4 times its last twelve months of earnings and 10.5 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: back above its 50-day average, still under the long-term trend. Price is 7.5% above its 50-day average and 1.0% above its 200-day.
What is the risk level of LUV?
Based on 30-day volatility of 37.1%, LUV has HIGH risk. Its beta of 1.22 means it has swung more than the S&P 500 over the last five years.
Does LUV pay dividends?
Yes, Southwest Airlines has a dividend yield of 1.70%.
How far is LUV from its all-time high?
Southwest Airlines is 34.5% below its all-time high of $66.99, reached in December 2017. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +19.9%, against +316.3% for the S&P 500 (SPY).
When does Southwest Airlines report earnings?
Southwest Airlines (LUV) reports its next quarterly earnings on Wednesday, January 27, 2027, after the market closes. The company has confirmed the date; it comes from Yahoo Finance's earnings data and is listed on the Portfolio Terminal January 2027 earnings calendar. For that quarter, the analysts' consensus Yahoo Finance reports is earnings of $0.71 per share.
Which ETFs hold LUV?
16 of the 54 popular ETFs we track hold Southwest Airlines. The largest weights: XLI (0.36%), RSP (0.20%), VB (0.13%), VO (0.10%) and VYM (0.08%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is LUV?
0.03%, as of September 30, 2026: LUV is holding #373 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.31 in Southwest Airlines.
Which famous investors own LUV?
Ray Dalio (0.22% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for LUV?
The average analyst price target for Southwest Airlines (LUV) is $49.89 based on 24 analyst estimates, about 13.7% above the current price of $43.89. The published range runs from $34.00 to $65.00.
How much revenue does LUV generate?
Southwest Airlines reported $31.55B in trailing twelve-month revenue. Revenue growth is running at 21.2% year over year. Net margin sits at 3.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare LUV with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.