Southwest Airlines
Southwest Airlines Co. (NYSE: LUV) operates a passenger airline providing scheduled air transportation across the United States and in near-international markets. It primarily serves leisure and business travelers through a point-to-point network, supplemented by connectivity through core stations and international… From the company’s description.
In fiscal 2025, Southwest Airlines reported revenue of $28.06B, up 2.1% from fiscal 2024, and net income of $441.00M. Its operating margin was 1.5%, and operations generated $1.84B in cash. Over the twelve months to Sep 30, 2026, revenue was $31.55B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Southwest Airlines does
In the company’s own words
Southwest Airlines Co. (NYSE: LUV) operates a passenger airline providing scheduled air transportation across the United States and in near-international markets. It primarily serves leisure and business travelers through a point-to-point network, supplemented by connectivity through core stations and international airline partnerships. Southwest offers multiple fare products, ancillary services, the Rapid Rewards loyalty program, corporate travel tools, and vacation packages through Getaways by Southwest. Its fleet consists exclusively of Boeing 737 aircraft; as of December 31, 2025, it operated 803 aircraft and served 117 destinations in the United States, Puerto Rico, and ten near-international countries. The company also offers inflight entertainment and Wi-Fi, pet transportation, and group and meeting travel services. Southwest began operating in 1971, initially serving three Texas cities with three aircraft. Its major brands and services include Southwest, Rapid Rewards, Southwest Business, SWABIZ, and Getaways by Southwest. Its website is https://www.southwest.com.
Company details
- Sector
- Industrials
- Industry (SIC)
- Air Transportation
- Headquarters
- DALLAS, TX
- Fiscal year end
- December
- CIK
- 92380
- SIC
- 4512
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Southwest Airlines — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Southwest Airlines’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Southwest Airlines’s bonds, as funds hold them
Funds report holding 7 issues of Southwest Airlines’s debt, $871.84M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.71%, maturing 2026 to 2035.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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