Southwest Airlines Co. (LUV) Shares Outstanding: 0.54
Is Southwest Airlines Co.’s shares outstanding high or low?
Southwest Airlines Co.'s shares outstanding of 0.54 is in line with its 5-year average of 0.58, near the low end of its 5-year range (0.54–0.60).
5.10% below its 12-month average of 0.57.
LUV Shares Outstanding Chart
Reported annual fiscal-period values; no daily interpolation.
LUV Average Shares Outstanding Chart
LUV Current vs Average Shares Outstanding Chart
LUV Shares Outstanding Metrics
SHARES OUTSTANDING
0.54
SHARES OUTSTANDING AVG TTM
0.57
SHARES OUTSTANDING AVG 3Y
0.58
SHARES OUTSTANDING AVG 5Y
0.58
SHARES OUTSTANDING AVG 10Y
0.59
SHARES OUTSTANDING AVG 15Y
0.63
SHARES OUTSTANDING AVG 20Y
0.67
CURRENT VS TTM AVG
-5.10%
CURRENT VS 3Y AVG
-7.14%
CURRENT VS 5Y AVG
-6.98%
CURRENT VS 10Y AVG
-8.38%
CURRENT VS 15Y AVG
-14.88%
CURRENT VS 20Y AVG
-18.83%
Share Structure
Shares Outstanding
540.00M
Float Shares
N/A
Stock Price
$50.94
Market Cap
$24.9B
Annual Shares Outstanding History
| Year | Weighted Average Shares | YoY Change |
|---|---|---|
| 2025 | 540.00M | -9.70% |
| 2024 | 598.00M | +0.50% |
| 2023 | 595.00M | +0.34% |
| 2022 | 593.00M | +0.17% |
| 2021 | 592.00M | +4.78% |
| 2020 | 565.00M | +5.02% |
| 2019 | 538.00M | -6.11% |
| 2018 | 573.00M | -4.66% |
| 2017 | 601.00M | -4.15% |
| 2016 | 627.00M | -5.14% |
| 2015 | 661.00M | -3.78% |
| 2014 | 687.00M | -3.24% |
| 2013 | 710.00M | -5.33% |
| 2012 | 750.00M | -3.10% |
| 2011 | 774.00M | +3.75% |
| 2010 | 746.00M | +0.67% |
| 2009 | 741.00M | +0.82% |
| 2008 | 735.00M | -3.14% |
| 2007 | 758.82M | -4.20% |
| 2006 | 792.06M | -0.17% |
| 2005 | 793.44M | +1.40% |
| 2004 | 782.50M | +0.97% |
| 2003 | 775.00M | -22.82% |
| 2002 | 1.00B | +31.62% |
| 2001 | 762.91M | +2.37% |
| 2000 | 745.24M | -1.16% |
| 1999 | 753.97M | +0.89% |
| 1998 | 747.29M | +1.03% |
| 1997 | 739.64M | -3.46% |
| 1996 | 766.16M | - |
Relationship: Market Cap = Shares Outstanding × Stock Price
Key concepts:
- Float shares: Shares available for public trading
- Dilution: When new shares are issued, existing shareholders own less
- Buybacks: Reduce share count, increasing EPS and ownership stake
- Stock splits: Increase share count but don't change market cap
Southwest Airlines Co. Shares Outstanding Formula & Definition
Shares Outstanding represents the total number of shares issued by a company that are held by all shareholders. Changes in share count affect EPS and ownership dilution.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Southwest Airlines Co. Shares Outstanding FAQ
- What is the shares outstanding for Southwest Airlines Co. (LUV)?
- The shares outstanding for LUV stock is 0.54.
- Is Southwest Airlines Co.'s shares outstanding high or low?
- Southwest Airlines Co.'s shares outstanding of 0.54 is in line with its 5-year average of 0.58, near the low end of its 5-year range (0.54–0.60).
- What is the TTM average shares outstanding for Southwest Airlines Co. (LUV)?
- The TTM average shares outstanding for LUV stock is 0.57.
- What is the 3Y average shares outstanding for Southwest Airlines Co. (LUV)?
- The 3Y average shares outstanding for LUV stock is 0.58.
- What is the 5Y average shares outstanding for Southwest Airlines Co. (LUV)?
- The 5Y average shares outstanding for LUV stock is 0.58.
- What is the 10Y average shares outstanding for Southwest Airlines Co. (LUV)?
- The 10Y average shares outstanding for LUV stock is 0.59.
- What is the 15Y average shares outstanding for Southwest Airlines Co. (LUV)?
- The 15Y average shares outstanding for LUV stock is 0.63.
- What is the 20Y average shares outstanding for Southwest Airlines Co. (LUV)?
- The 20Y average shares outstanding for LUV stock is 0.67.
Southwest Airlines Co. Shares Outstanding History
| DATE | SHARES OUTSTANDING |
|---|---|
| 2025-12-31 | 0.54 |
| 2024-12-31 | 0.60 |
| 2023-12-31 | 0.59 |
| 2022-12-31 | 0.59 |
| 2021-12-31 | 0.59 |
| 2020-12-31 | 0.56 |
| 2019-12-31 | 0.54 |
| 2018-12-31 | 0.57 |
| 2017-12-31 | 0.60 |
| 2016-12-31 | 0.63 |
| 2015-12-31 | 0.66 |
| 2014-12-31 | 0.69 |
| 2013-12-31 | 0.71 |
| 2012-12-31 | 0.75 |
| 2011-12-31 | 0.77 |
| 2010-12-31 | 0.75 |
| 2009-12-31 | 0.74 |
| 2008-12-31 | 0.73 |
| 2007-12-31 | 0.76 |
| 2006-12-31 | 0.79 |
| 2005-12-31 | 0.79 |
| 2004-12-31 | 0.78 |
| 2003-12-31 | 0.78 |
| 2002-12-31 | 1.00 |
| 2001-12-31 | 0.76 |
| 2000-12-31 | 0.75 |
| 1999-12-31 | 0.75 |
| 1998-12-31 | 0.75 |
| 1997-12-31 | 0.74 |
| 1996-12-31 | 0.77 |
Related Metrics
About Southwest Airlines Co.
Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- Robert E. Jordan