Southwest Airlines (LUV) Market Capitalization (2009 - 2026)
Southwest Airlines (LUV) posted Market Capitalization of $25.16 billion for Q2 2026, up 47.6% from $17.04 billion a year earlier and up 37.0% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Southwest Airlines' Market Capitalization came in at $20.31 billion, up 1.9% from FY2024.
- Annual Market Capitalization shows a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- In prior years, Southwest Airlines' Market Capitalization was $19.93 billion in FY2024 (+15.6%), $17.23 billion in FY2023 (-13.9%), $20.01 billion in FY2022 (-21.1%) and $25.38 billion in FY2021 (-7.8%).
- The Q2 2026 figure stands as the highest quarterly Market Capitalization since Q1 2022.
- On a year-over-year basis, Market Capitalization increased in five of the last eight quarters, with growth averaging 9.1%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q2 2026, with growth of 47.6%; the weakest was Q3 2022, with a decline of 39.8%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $18.36 billion (Q1 2026), $20.31 billion (Q4 2025) and $16.5 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.76 Bn | 165.29 Bn | - |
| 2 | Csx | 89.55 Bn | 85.76 Bn | - |
| 3 | United Parcel Service | 84.88 Bn | 61.77 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.74 Bn | 76.76 Bn | - |
| 5 | Norfolk Southern | 73.22 Bn | 67.86 Bn | - |
| 6 | Fedex | 71.68 Bn | 37.62 Bn | - |
| 7 | Delta Air Lines | 51.09 Bn | 33.28 Bn | - |
| 8 | Old Dominion Freight Line | 39.46 Bn | 38.72 Bn | - |
| 9 | United Airlines Holdings | 32.54 Bn | -23.83 Bn | - |
| 10 | Southwest Airlines | 20.00 Bn | 6.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.16 Bn |
| Mar 31, 2026 | 18.36 Bn |
| Dec 31, 2025 | 20.31 Bn |
| Sep 30, 2025 | 16.50 Bn |
| Jun 30, 2025 | 17.04 Bn |
| Mar 31, 2025 | 19.14 Bn |
| Dec 31, 2024 | 19.93 Bn |
| Sep 30, 2024 | 17.77 Bn |
| Jun 30, 2024 | 17.14 Bn |
| Mar 31, 2024 | 17.47 Bn |
| Dec 31, 2023 | 17.23 Bn |
| Sep 30, 2023 | 16.14 Bn |
| Jun 30, 2023 | 21.57 Bn |
| Mar 31, 2023 | 19.36 Bn |
| Dec 31, 2022 | 20.01 Bn |
| Sep 30, 2022 | 18.31 Bn |
| Jun 30, 2022 | 21.43 Bn |
| Mar 31, 2022 | 27.16 Bn |
| Dec 31, 2021 | 25.38 Bn |
| Sep 30, 2021 | 30.44 Bn |
API Access
Southwest Airlines Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();