Southwest Airlines Company Market Cap ($20.19 Billion)
Market Cap & Net Worth: Southwest Airlines Company (LUV)
Southwest Airlines Company market cap. Southwest Airlines Company (NYSE:LUV) has a market capitalization of $20.19 Billion ($20.19 Billion) as of October 31, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1242 globally and #523 in its home market, demonstrating a 0.95% 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 $42.43 by its total outstanding shares 488773713 (488.77 Million).
Southwest Airlines Company Market Cap History (2015–2026)
Southwest Airlines Company market cap history from 2015 to 2026. Data shows growth from $19.22 Billion to $20.74 Billion (1.06% CAGR). Check LUV live share price for real-time trading data and today's change.
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
|
$17.84 Trillion | 0.11% | #51 of 65 |
|
DJC: Dow Jones-UBS Commodity Index
DJC
|
$24.76 Trillion | 0.26% | #56 of 65 |
|
Dow Jones Transportation
DJT
|
$855.39 Billion | 1.26% | #11 of 20 |
|
S&P 500 Index
GSPC
|
$61.47 Trillion | 0.03% | #363 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. Also see Southwest Airlines Company (LUV) cash conversion ratio for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
0.72x
Southwest Airlines Company's market cap is 0.72 times its annual revenue
Latest Price to Earnings (P/E) Ratio
45.81x
Southwest Airlines Company's market cap is 45.81 times its annual earnings
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 October 31, 2026. See LUV equity financing ratio to understand what proportion of total assets are financed by equity.
Key companies related to Southwest Airlines Company by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #508 globally with a market cap of $52.71 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #790 globally with a market cap of $33.83 Billion USD.
- Ryanair Holdings plc (IR:RYA): Ranked #951 globally with a market cap of $28.00 Billion USD ( €23.95 Billion EUR).
- RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #958 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #508 | Delta Air Lines Inc | NYSE:DAL | $52.71 Billion | $80.15 |
| #790 | United Airlines Holdings Inc | NASDAQ:UAL | $33.83 Billion | $104.24 |
| #951 | Ryanair Holdings plc | IR:RYA | $28.00 Billion | €22.90 |
| #958 | RYANAIR HLDGS ADR NEW/5 | F:RY4D | $27.87 Billion | €51.50 |
Market Capitalization of Southwest Airlines Company (2015–2026)
Market capitalization of Southwest Airlines Company from 2015 to today. Between 2015 and today, Southwest Airlines Company's market cap moved from $19.22 Billion to $ 20.74 Billion, with a yearly change of 1.06%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $20.74 Billion | +2.66% |
| 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 Oct 31st, 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
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