Southwest Airlines Shares Outstanding 2012-2025 | LUV

Southwest Airlines shares outstanding history from 2012 to 2025. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company's treasury shares.
  • Southwest Airlines shares outstanding for the quarter ending December 31, 2025 were 521M, a 18.97% decline year-over-year.
  • Southwest Airlines 2025 shares outstanding were 0.558B, a 13.22% decline from 2024.
  • Southwest Airlines 2024 shares outstanding were 0.643B, a 0.47% increase from 2023.
  • Southwest Airlines 2023 shares outstanding were 0.64B, a 0.31% decline from 2022.
Southwest Airlines Annual Shares Outstanding
(Millions of Shares)
2025 558
2024 643
2023 640
2022 642
2021 609
2020 565
2019 539
2018 574
2017 603
2016 633
2015 669
2014 696
2013 718
2012 757
2011 775
Southwest Airlines Quarterly Shares Outstanding
(Millions of Shares)
2025-12-31 521
2025-09-30 526
2025-06-30 541
2025-03-31 584
2024-12-31 643
2024-09-30 601
2024-06-30 643
2024-03-31 597
2023-12-31 640
2023-09-30 640
2023-06-30 639
2023-03-31 594
2022-12-31 642
2022-09-30 639
2022-06-30 635
2022-03-31 592
2021-12-31 609
2021-09-30 607
2021-06-30 615
2021-03-31 609
2020-12-31 565
2020-09-30 590
2020-06-30 563
2020-03-31 515
2019-12-31 539
2019-09-30 534
2019-06-30 542
2019-03-31 552
2018-12-31 574
2018-09-30 569
2018-06-30 579
2018-03-31 588
2017-12-31 603
2017-09-30 598
2017-06-30 605
2017-03-31 614
2016-12-31 633
2016-09-30 625
2016-06-30 639
2016-03-31 648
2015-12-31 669
2015-09-30 663
2015-06-30 673
2015-03-31 682
2014-12-31 696
2014-09-30 691
2014-06-30 698
2014-03-31 707
2013-12-31 718
2013-09-30 711
2013-06-30 722
2013-03-31 727
2012-12-31 757
2012-09-30 740
2012-06-30 764
2012-03-31 772
2011-12-31 775
2011-09-30 792
2011-06-30 787
2011-03-31 749
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $27.156B $28.063B
Southwest Airlines is a passenger airline that provides scheduled air transportation in the United States. Southwest Airlines provides short-haul, high frequency, point-to-point and low-fare services. The company's point-to-point route structure includes services to and from many secondary or downtown airports such as Dallas Love Field, Houston Hobby, Chicago Midway, Baltimore-Washington International and Ft. Lauderdale-Hollywood. The company also offers long-haul nonstop service between markets like Oakland and Orlando, Los Angeles and Nashville, Las Vegas and Orlando, San Diego and Baltimore, Houston and New York LaGuardia, Los Angeles and Tampa, Oakland and Baltimore, San Diego and Newark.
Stock Name Country Market Cap PE Ratio
Delta Air Lines (DAL) United States $45.564B 11.99
Ryanair Holdings (RYAAY) Ireland $35.463B 13.07
United Airlines Holdings Inc (UAL) United States $34.345B 9.95
International Consolidated Airlines Group SA (ICAGY) Spain $25.884B 3.35
LATAM Airlines Group S.A (LTM) Chile $19.454B 12.93
Air China (AIRYY) China $15.896B 911.00
Deutsche Lufthansa AG (DLAKY) Germany $12.676B 6.61
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $11.163B 0.00
ANA Holdings (ALNPY) Japan $9.870B 10.00
American Airlines Group (AAL) United States $9.347B 40.46
Japan Airlines (JAPSY) Japan $8.626B 10.08
Alaska Air (ALK) United States $6.410B 22.19
Copa Holdings, S.A (CPA) Panama $6.159B 9.30
Easyjet (EJTTF) United Kingdom $5.230B 0.00
Air Canada (ACDVF) Canada $4.477B 17.88
Flughafen Wien AG (VIAAY) Austria $4.274B 16.99
SkyWest (SKYW) United States $4.081B 9.83
Air France-KLM SA (AFLYY) France $3.455B 3.29
JetBlue Airways (JBLU) United States $2.197B 0.00
Allegiant Travel (ALGT) United States $1.821B 26.09
Frontiers (ULCC) United States $1.294B 0.00
Bristow Group (VTOL) United States $1.275B 9.22
Sun Country Airlines Holdings (SNCY) United States $1.023B 19.60
Republic Airways Holdings (RJET) United States $0.502B 0.00
Surf Air Mobility (SRFM) United States $0.121B 0.00
Harbor Diversified (HRBR) United States $0.085B 0.00
XCF Global Capital (SAFX) United States $0.025B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
Corporacion America Airports S.A (CAAP) Luxembourg $0.000B 25.67
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00