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Last $35.52 USD
Change Today -0.54 / -1.50%
Volume 5.3M
LUV On Other Exchanges
Symbol
Exchange
New York
Berlin
Mexico
As of 8:04 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

southwest airlines co (LUV) Snapshot

Open
$36.04
Previous Close
$36.06
Day High
$36.17
Day Low
$35.20
52 Week High
01/29/15 - $47.17
52 Week Low
08/8/14 - $27.42
Market Cap
23.7B
Average Volume 10 Days
8.6M
EPS TTM
$2.83
Shares Outstanding
668.3M
EX-Date
06/1/15
P/E TM
12.6x
Dividend
$0.30
Dividend Yield
0.72%
Current Stock Chart for SOUTHWEST AIRLINES CO (LUV)

southwest airlines co (LUV) Details

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft. The company served 93 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 5 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, and the Dominican Republic. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, including car rental agencies, hotels, restaurants, and retail locations. The company was founded in 1967 and is headquartered in Dallas, Texas.

47,645 Employees
Last Reported Date: 07/23/15
Founded in 1967

southwest airlines co (LUV) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $899.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $529.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $604.5K
Chief Legal & Regulatory Officer and Executiv...
Total Annual Compensation: $590.0K
Chief Commercial Officer and Executive Vice P...
Total Annual Compensation: $588.9K
Compensation as of Fiscal Year 2014.

southwest airlines co (LUV) Key Developments

Southwest Airlines Reportedly Contemplates Merger

There is a possibility that Southwest Airlines Co. (NYSE:LUV) and its Chief Executive Officer Gary Kelly could be contemplating another merger in the not too distant future. According to sources, the three most likely merger targets are Alaska Airlines, Inc., Hawaiian Holdings Inc. (NasdaqGS:HA) and JetBlue Airways Corporation (NasdaqGS:JBLU). "Many of us are just sitting back waiting to see if it will be Hawaiian, Alaska or JetBlue," noted one source.

Southwest Airlines' Attendants Reject Contract

Southwest Airlines flight attendants voted down a six-year contract that included wage increases and bonuses. About 89% of the workforce cast ballots in the ratification vote. The six-year tentative agreement included an 8% ratification bonus and a 3% raise in 2015. It also included 3% wage increases in 2017 and 2019 and 3% bonuses in 2016 and 2018. Southwest and the union will continue negotiations for a new contract as the flight attendants' current contract became amendable in May 2013.

Southwest Airlines Co. Announces Unaudited Consolidated Earnings for the Second Quarter, Six Months and Twelve Months Ended June 30, 2015

Southwest Airlines Co. announced unaudited consolidated earnings for the second quarter, six months and twelve months ended June 30, 2015. For the quarter, the company reported total operating revenues of $5,111 million compared to $5,011 million a year ago. Operating income was $1,085 million compared to $775 million a year ago. Income before income taxes was $977 million compared to $746 million a year ago. Net income was $608 million or $0.90 per diluted share compared to $465 million or $0.67 per diluted share a year ago. Operating income, non-GAAP was $1,148 million compared to $819 million a year ago. Net income, non-GAAP was $691 million or $1.03 per diluted share compared to $485 million or $0.70 per diluted share a year ago. Net cash provided by operating activities was $627 million compared to $1,338 million a year ago. Capital expenditures were $428 million compared to $481 million a year ago. For the six months, the company reported total operating revenues of $9,525 million compared to $9,178 million a year ago. Operating income was $1,865 million compared to $991 million a year ago. Income before income taxes was $1,699 million compared to $990 million a year ago. Net income was $1,061 million or $1.57 per diluted share compared to $617 million or $0.88 per diluted share a year ago. Operating income, non-GAAP was $1,918 million compared to $1,061 million a year ago. Net income, non-GAAP was $1,142 million or $1.69 per diluted share compared to $611 million or $0.87 per diluted share a year ago. Net cash provided by operating activities was $2,079 million compared to $2,458 million a year ago. Capital expenditures were $1,001 million compared to $876 million a year ago. For the twelve months, the company reported operating income of $3,100 million compared to $1,766 million a year ago. Operating income, non-GAAP was $3,246 million compared to $1,918 million a year ago. Adjusted operating income, non-GAAP was $3,287 million compared to $1,980 million a year ago.

 

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Industry Analysis

LUV

Industry Average

Valuation LUV Industry Range
Price/Earnings 15.6x
Price/Sales 1.3x
Price/Book 3.4x
Price/Cash Flow 9.4x
TEV/Sales 1.0x
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