LUV · NYQ
S&P 500
Southwest Airlines Co.
Industrials · Airlines
$46.32
+$0.02 (+0.04%) Nov 10, 2026
Session of Nov 10, 2026 · updated · Source: Yahoo Finance
Consensus of 26 analysts
Hold
Median price target $50.00 +7.9%
- Open
- $46.66
- Day range
- 45.70 – $46.86
- 52-week range
- 31.15 – $55.11
- Volume
- 5,400,005
- Market cap
- $22,673M
- P/E (TTM)
- 22.6x
- EPS (TTM)
- $2.05
- EPS est. 2026
- $2.76
- P/E est. 2026
- 16.8x
- Dividend yield
- 1.6%
- Beta
- 1.22
- Payout
- 35%
The analysis of this company is being prepared and will appear in the next update.
Southwest Airlines financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $8,423M | +21.2% |
| Net income | $270M | +400.0% |
| Earnings per share | $0.55 | +450.0% |
| Net margin | 3.2% | +2.4 pp |
| Free cash flow | −$493M | n/s |
| Debt / equity | 0.94 | +38.6% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $6,949M | $54M |
| Q4 2025 | $7,442M | $323M |
| Q1 2026 | $7,249M | $227M |
| Q2 2026 | $8,432M | $233M |
| Q3 2026 | $8,423M | $270M |
Southwest Airlines earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 20 | $0.7070.57 – 0.80 | +21.9%$0.580 |
| Next quarterQ1 2027 · Analysts: 12 | $0.3600.05 – 0.58 | −20.0%$0.450 |
| Current year2026 · Analysts: 24 | $2.7562.55 – 2.97 | +196.3%$0.930 |
| Next year2027 · Analysts: 25 | $4.1702.65 – 7.22 | +51.3%$2.756 |
Forward P/E: 16.8x (2026) and 11.1x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $0.100 | — |
| Q4 2025 | $0.580 | $0.570 |
| Q1 2026 | $0.450 | $0.474 |
| Q2 2026 | $0.940 | $0.522 |
| Q3 2026 | $0.660 | $0.578 |
| Q4 2026 | — | $0.707 |
| Q1 2027 | — | $0.360 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $0.870 | — |
| 2023 | $0.810 | — |
| 2024 | $0.760 | — |
| 2025 | $0.790 | — |
| 2026 | — | $2.756 |
| 2027 | — | $4.170 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $0.360 | −20.0% |
| Q4 2026Estimated | $0.707 | +21.8% |
| Q3 2026 | $0.660est. $0.578 · surprise +14.2% | +560.0% |
| Q2 2026 | $0.940est. $0.522 · surprise +80.2% | n/a |
| Q1 2026 | $0.450est. $0.474 · surprise −5.0% | n/a |
| Q4 2025 | $0.580est. $0.570 · surprise +1.8% | n/a |
| Q3 2025 | $0.100 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $4.170 | +51.3% |
| 2026Estimated | $2.756 | +248.8% |
| 2025 | $0.790 | +3.9% |
| 2024 | $0.760 | −6.2% |
| 2023 | $0.810 | −6.9% |
| 2022 | $0.870 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Southwest Airlines dividend
Yield and payments
| Dividend yield (TTM) | 1.6% |
| Forward yield (next 12m) | 1.6% |
| Dividend per share (TTM) | $0.72 |
| Forward dividend (next 12m) | $0.72 |
| Payout (TTM) | 35% |
| Last dividend | $0.18Sep 3, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $0.70 |
| 2020 | $0.18 |
| 2021 | $0.00 |
| 2022 | $0.00 |
| 2023 | $0.90 |
| 2024 | $0.72 |
| 2025 | $0.72 |
| est. 12m | $0.72 |
Southwest Airlines forecasts
26 analyst ratings
Consensus: Hold · 12 buy, 10 hold, 4 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $65.00 | +40.3% |
| Median | $50.00 | +7.9% |
| Low | $34.00 | −26.6% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $34.81 |
| Dec 31, 2025 | $41.33 |
| Jan 30, 2026 | $47.52 |
| Feb 27, 2026 | $49.26 |
| Mar 31, 2026 | $37.57 |
| Apr 30, 2026 | $37.92 |
| May 29, 2026 | $42.95 |
| Jun 30, 2026 | $51.42 |
| Jul 31, 2026 | $44.97 |
| Aug 31, 2026 | $38.53 |
| Sep 30, 2026 | $41.64 |
| Oct 30, 2026 | $42.43 |
| Nov 10, 2026 | $46.32 |
Southwest Airlines peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| LUV | Southwest Airlines | 22,673 | 22.6x | 46.32 | +0.04% | 31.1555.11 |
| DAL | Delta Air Lines | 60,660 | 18.4x | 92.20 | +0.44% | 55.2795.68 |
| UAL | United Airlines | 38,643 | 10.9x | 118.94 | −1.34% | 84.64138.77 |
| IAG.MC | IAG | 23,580 | 8.4x | 5.44 € | −0.15% | 3.825.72 |
| GE | GE Aerospace | 350,603 | 38.6x | 337.91 | +0.71% | 268.91388.84 |
| RTX | RTX | 270,252 | 32.6x | 200.27 | +2.02% | 166.74226.88 |
Stocks quoted in another currency are shown in their trading currency.
What the AI agents think about Southwest Airlines
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