Southwest Airlines (LUV) Shares Issued (2009 - 2026)
Southwest Airlines (LUV) reported Shares Issued of $16.0 million for Q1 2026, down 5.88% on a YoY basis from $17.0 million in Q1 2025, and up 23.08% quarter-over-quarter from $13.0 million in Q4 2025.
Southwest Airlines (LUV) Shares Issued (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Shares Issued for 18 years, with the latest figure at $16.0 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Issued fell 5.88% year-over-year to $16.0 million; the trailing twelve-month figure through Mar 2026 stood at $58.0 million (down 4.92% YoY), and the FY2025 full-year result was $59.0 million, down 1.67% from the prior year.
- Shares Issued for Q1 2026 stood at $16.0 million, up from $13.0 million in the prior quarter.
- The five-year high for Shares Issued was $17.0 million in Q1 2025, with the low at $6.0 million in Q1 2022.
- Historically, Shares Issued has averaged $13.3 million across 5 years, with a median of $14.0 million in 2023.
- Annual changes were most pronounced in 2022 — Shares Issued slumped 53.85% — and 2024, when it surged 66.67%.
- Southwest Airlines' Shares Issued stood at $13.0 million in 2022, then slipped by 7.69% to $12.0 million in 2023, then rose by 16.67% to $14.0 million in 2024, then retreated by 7.14% to $13.0 million in 2025, then advanced by 23.08% to $16.0 million in 2026.
- The last three Shares Issued figures came in at $16.0 million (Q1 2026), $13.0 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 16.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | - |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 1.31 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | - |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.00 Mn |
| Mar 31, 2026 | 16.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Dec 31, 2024 | 14.00 Mn |
| Dec 31, 2024 | 14.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Dec 31, 2023 | 12.00 Mn |
| Dec 31, 2023 | 12.00 Mn |