Southwest Airlines Company (NYSE:LUV) — Market Cap & Net Worth

$20.19 Billion USD  · Rank #1293

Market Cap & Net Worth: Southwest Airlines Company (LUV)

Southwest Airlines Company (NYSE:LUV) has a market capitalization of $20.19 Billion ($20.19 Billion) as of June 17, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1293 globally and #528 in its home market, demonstrating a 15.63% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Southwest Airlines Company's stock price $47.43 by its total outstanding shares 488773713 (488.77 Million). Review LUV total liabilities to assess the company's total debt and financial obligations.

Southwest Airlines Company Market Cap History: 2015 to 2026

Southwest Airlines Company's market capitalization history from 2015 to 2026. Data shows growth from $19.22 Billion to $23.18 Billion (2.16% CAGR).

Index Memberships

Southwest Airlines Company is a constituent of 4 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
Dow Jones Composite Average
DJA
$17.10 Trillion 0.12% #52 of 65
DJC: Dow Jones-UBS Commodity Index
DJC
$23.91 Trillion 0.26% #57 of 65
Dow Jones Transportation
DJT
$887.39 Billion 1.26% #12 of 20
S&P 500 Index
GSPC
$62.23 Trillion 0.03% #365 of 503

Weight: Southwest Airlines Company's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Southwest Airlines Company Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Southwest Airlines Company's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.72x

Southwest Airlines Company's market cap is 0.72 times its annual revenue

Industry average: 0.02x Higher than industry average

Latest Price to Earnings (P/E) Ratio

45.81x

Southwest Airlines Company's market cap is 45.81 times its annual earnings

Industry average: 0.17x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $22.45 Billion $20.43 Billion $2.24 Billion 1.10x 10.00x
2017 $29.72 Billion $21.17 Billion $3.49 Billion 1.40x 8.52x
2018 $21.34 Billion $21.96 Billion $2.46 Billion 0.97x 8.66x
2019 $25.12 Billion $22.43 Billion $2.30 Billion 1.12x 10.92x
2020 $21.77 Billion $9.05 Billion -$3.07 Billion 2.41x N/A
2021 $20.01 Billion $15.79 Billion $977.00 Million 1.27x 20.48x
2022 $15.73 Billion $23.81 Billion $539.00 Million 0.66x 29.18x
2023 $13.87 Billion $26.09 Billion $465.00 Million 0.53x 29.82x
2024 $16.43 Billion $27.48 Billion $465.00 Million 0.60x 35.34x
2025 $20.20 Billion $28.06 Billion $441.00 Million 0.72x 45.81x

Competitor Companies of LUV by Market Capitalization

Companies near Southwest Airlines Company in the global market cap rankings as of June 17, 2026.

Key companies related to Southwest Airlines Company by market ranking:

  • Delta Air Lines Inc (NYSE:DAL): Ranked #566 globally with a market cap of $48.18 Billion USD.
  • United Airlines Holdings Inc (NASDAQ:UAL): Ranked #860 globally with a market cap of $31.36 Billion USD.
  • Ryanair Holdings plc (IR:RYA): Ranked #958 globally with a market cap of $28.00 Billion USD ( €23.95 Billion EUR).
  • RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #963 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#566 Delta Air Lines Inc NYSE:DAL $48.18 Billion $83.14
#860 United Airlines Holdings Inc NASDAQ:UAL $31.36 Billion $118.51
#958 Ryanair Holdings plc IR:RYA $28.00 Billion €26.04
#963 RYANAIR HLDGS ADR NEW/5 F:RY4D $27.87 Billion €51.50

Southwest Airlines Company Historical Marketcap From 2015 to 2026

Between 2015 and today, Southwest Airlines Company's market cap moved from $19.22 Billion to $ 23.18 Billion, with a yearly change of 2.16%.

Year Market Cap Change (%)
2026 $23.18 Billion +14.76%
2025 $20.20 Billion +22.93%
2024 $16.43 Billion +18.49%
2023 $13.87 Billion -11.82%
2022 $15.73 Billion -21.41%
2021 $20.01 Billion -8.09%
2020 $21.77 Billion -13.32%
2019 $25.12 Billion +17.72%
2018 $21.34 Billion -28.21%
2017 $29.72 Billion +32.40%
2016 $22.45 Billion +16.80%
2015 $19.22 Billion --

End of Day Market Cap According to Different Sources

On Jun 17th, 2026 the market cap of Southwest Airlines Company was reported to be:

Source Market Cap
Yahoo Finance $20.19 Billion USD
MoneyControl $20.19 Billion USD
MarketWatch $20.19 Billion USD
marketcap.company $20.19 Billion USD
Reuters $20.19 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Southwest Airlines Company

NYSE:LUV USA Airlines
Market Cap
$23.18 Billion
Market Cap Rank
#1293 Global
#528 in USA
Share Price
$47.43
Change (1 day)
+2.93%
52-Week Range
$29.06 - $54.80
All Time High
$61.59
About

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 var… Read more