Skip to content
Screener

Southwest Airlines LUV Shares (Diluted)

Shares (Diluted) at other companies

Alaska Air Group logo
Alaska Air GroupALK
111.1M-8.1%
ALG
Allegiant TravelALGT
18.2M+1.2%
SkyWest logo
SkyWestSKYW
39.6M-4.2%
Sabre logo
SabreSABR
397.6M+2.9%

Other financials

Income statement

See full
Revenue$8.4B+16.4%
Operating income$285.0M+26.7%
Net income$233.0M+9.4%
EPS (diluted)$0.47+20.5%

Balance sheet

See full
Cash & equivalents$3.8B+9.1%
Total debt$6.9B+29.0%
Total equity$7.1B-11.5%
Total assets$30.1B+4.9%

Cash flow

See full
Operating cash flow$530.0M+32.2%
CapEx$818.0M+23.9%
Free cash flow-$288.0M-11.2%

Valuation

See full
Market cap$22B+40.8%
Enterprise value$25.1B+43.5%
P/E26.3×-13.6×
P/S0.7×+0.2×

Profitability

See full
Operating margin3.5%+2.3pp
Net margin2.8%+1.4pp
FCF margin-1.5%+0.5pp

Returns & leverage

See full
Return on equity11.1%+6.9pp
Debt / equity+0.3×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Southwest Airlines in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Southwest Airlines’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000092380-26-000077
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
PROVISION FOR INCOME TAXES736713224
NET INCOME$233$213$460$64
NET INCOME PER SHARE, BASIC$0.48$0.40$0.93$0.11
NET INCOME PER SHARE, DILUTED$0.47$0.39$0.92$0.11
COMPREHENSIVE INCOME$256$202$506$54
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic489538494561
Diluted493541498564

Item 1. Financial Statements

FAQ

What is Southwest Airlines's shares (diluted)?
Southwest Airlines (LUV) reported shares (diluted) of 493M in Q2 2026.
How has Southwest Airlines's shares (diluted) changed year-over-year?
Southwest Airlines's shares (diluted) decreased by 8.9% year-over-year, from 541M to 493M.
What is the long-term trend for Southwest Airlines's shares (diluted)?
Over 2 years (2021 to 2023), Southwest Airlines's shares (diluted) has grown at a 1.5% compound annual growth rate (CAGR), from 2.4B to 2.5B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

Ask your AI about Southwest Airlines's shares (diluted).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude