Southwest Airlines (LUV) Shares Outstanding (2009 - 2025)
Southwest Airlines (LUV) reported Shares Outstanding of $888.1 million for Q4 2025, little changed on a YoY basis from $888.1 million in Q4 2024, and little changed quarter-over-quarter from $888.1 million in Q4 2024.
Southwest Airlines (LUV) Shares Outstanding (2009 - 2025) Analysis & Trends
Southwest Airlines has reported Shares Outstanding for 17 years, with the latest figure at $888.1 million in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding changed 0.0% year-over-year to $888.1 million; the trailing twelve-month figure through Dec 2025 stood at $888.1 million (changed 0.0% YoY), and the FY2025 full-year result was $888.1 million, changed 0.0% from the prior year.
- Shares Outstanding for Q4 2025 stood at $888.1 million, roughly flat from $888.1 million in the prior quarter.
- The five-year high for Shares Outstanding was $888.1 million in Q4 2021, with the low at $888.1 million in Q4 2021.
- Historically, Shares Outstanding has averaged $888.1 million across 5 years, with a median of $888.1 million in 2021.
- The largest YoY upside for Shares Outstanding was 0.0% in 2021 against a maximum downside of 0.0% in 2021.
- Southwest Airlines' Shares Outstanding stood at $888.1 million in 2021, then changed by 0.0% to $888.1 million in 2022, then changed by 0.0% to $888.1 million in 2023, then changed by 0.0% to $888.1 million in 2024, then changed by 0.0% to $888.1 million in 2025.
- The last three Shares Outstanding figures came in at $888.1 million (Q4 2025), $888.1 million (Q4 2024), and $888.1 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (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 | 665.72 Mn |
| 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 | - |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 41.14 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 111.36 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 85.37 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 | 372.02 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 18.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2025 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2024 | 888.11 Mn |
| Dec 31, 2023 | 888.11 Mn |
| Dec 31, 2023 | 888.11 Mn |
| Dec 31, 2023 | 888.11 Mn |
| Dec 31, 2023 | 888.11 Mn |