What one share of Southwest Airlines holds
Southwest Airlines Co. (the “Company” or “Southwest”) operates Southwest Airlines, a major passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest commenced service on June 18, 1971, with three Boeing 737 aircraft serving three Texas cities: Dallas, Houston, and San Antonio.
Southwest Airlines’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-09-30; the balance sheet is as of 2026-09-30.
| Sales | $60.94 |
|---|---|
| Profit | $2.04 |
| Capex (buildings and equipment) | $6.19 |
| Free cash flow | −$0.87 |
| Dividends | $0.69 |
| Cash and investments | $7.40 |
| Debt | $12.02 |
| Book value | $14.97 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2007 | $12.84 | $0.84 | $1.73 | $1.97 | $0.07 | $9.15 |
| 2008 | $14.92 | $0.24 | — | — | $0.02 | $6.67 |
| 2009 | $13.97 | $0.13 | $0.79 | $0.54 | $0.02 | $7.34 |
| 2010 | $16.20 | $0.61 | $0.66 | $1.43 | $0.02 | $8.34 |
| 2011 | $20.20 | $0.23 | $1.25 | $0.50 | $0.02 | $8.90 |
| 2012 | $22.57 | $0.56 | $1.78 | $0.95 | $0.03 | $9.57 |
| 2013 | $24.65 | $1.05 | $2.02 | $1.43 | $0.13 | $10.47 |
| 2014 | $26.73 | $1.64 | $2.51 | $1.66 | $0.22 | $10.03 |
| 2015 | $29.63 | $3.27 | $3.05 | $1.79 | $0.28 | $10.01 |
| 2016 | $32.27 | $3.45 | $3.22 | $3.56 | $0.38 | $12.65 |
| 2017 | $35.11 | $5.57 | $3.52 | $3.00 | $0.47 | $16.38 |
| 2018 | $38.27 | $4.29 | $3.35 | $5.18 | $0.60 | $17.83 |
| 2019 | $41.61 | $4.27 | $1.91 | $5.49 | $0.70 | $18.94 |
| 2020 | $16.01 | −$5.44 | $0.91 | −$2.91 | $0.18 | $15.03 |
| 2021 | $25.93 | $1.60 | $0.83 | $2.98 | — | $17.59 |
| 2022 | $37.09 | $0.87 | $6.11 | −$0.21 | $0.18 | $17.99 |
| 2023 | $40.77 | $0.76 | $5.50 | −$0.56 | $0.72 | $17.63 |
| 2024 | $42.74 | $0.75 | $3.19 | −$2.48 | $0.72 | $17.44 |
| 2025 | $50.29 | $0.79 | $4.79 | −$1.49 | $0.72 | $15.48 |
Common questions about Southwest Airlines
How much does one share of Southwest Airlines earn?
Over the last 12 months, each share of Southwest Airlines earned $2.04 of profit on $60.94 of sales, keeping about 3¢ of every $1 (profit margin).
Does Southwest Airlines pay a dividend?
Yes. Southwest Airlines paid $0.69 per share in dividends over the last 12 months. That’s about 34¢ of each $1 of profit (payout ratio).
What is Southwest Airlines’s book value per share?
Southwest Airlines’s book value is $14.97 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of September 30, 2026.
How much cash and debt does each share of Southwest Airlines have?
Each share of Southwest Airlines has $7.40 of cash and investments and $12.02 of debt, as of September 30, 2026.
What is Southwest Airlines’s free cash flow per share?
−$0.87 per share over the last 12 months. Free cash flow is the cash left over after spending on buildings and equipment.
How has Southwest Airlines’s profit per share changed over time?
Profit per share went from $0.84 in 2007 to $0.79 in 2025, shrinking about 0.3% a year (adjusted for stock splits).
Has Southwest Airlines bought back shares?
Southwest Airlines’s share count fell about 27% from 2007 to 2025. Through buybacks, each remaining share owns a bigger slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.