Southwest Airlines Co
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TrendingStockUS listed securityUS headquartered
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Day range
$43.81 - $45.48
Year range
$43.72 - $64.75
Market cap
26.61B USD
P/E ratio
Dividend yield
Primary exchange
CDP Climate Change Score
In the news
Financial performance
(USD)Sep 2021Year/year change
Net income
Diluted EPS0.73137.24%
Net profit margin9.53%114.77%
Operating income-59.00M96.26%
Net change in cash-1.14B-372.73%
Cash on hand12.98B7.19%
Cost of revenue3.81B45.08%
Southwest Airlines Co., typically referred to as Southwest, is one of the major airlines of the United States and the world's largest low-cost carrier. It is headquartered in Dallas, Texas and has scheduled service to 121 destinations in the United States and ten additional countries. As of 2018, Southwest carried more domestic passengers than any other United States airline. Southwest is the only low cost carrier that is also a Legacy carrier. The airline was established on March 15, 1967, by Herb Kelleher and Rollin King as Air Southwest Co. and adopted its current name, Southwest Airlines Co., in 1971, when it began operating as an intrastate airline wholly within the state of Texas, first flying between Dallas, Houston and San Antonio. It began regional interstate service in 1979 and began expanding nationwide in the decades that followed. Southwest currently serves airports in 45 states and multiple Central American destinations. Southwest's business model is distinct from other US airlines, as it uses a rolling hub and point-to-point network, allows free checked baggage, and does not charge change fees. It uses exclusively Boeing 737 jets in its fleet. Wikipedia
Mar 15, 1967
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