Stock Taper
| DATE | TYPE | RATIO |
|---|---|---|
| 2001-02-16 | Forward | 3:2 |
| 1999-07-20 | Forward | 3:2 |
| 1998-08-21 | Forward | 3:2 |
| 1997-11-28 | Forward | 3:2 |
| 1993-07-16 | Forward | 3:2 |
| 1992-07-16 | Forward | 2:1 |
| 1990-08-30 | Forward | 3:2 |
| 1984-01-30 | Forward | 5:4 |
| 1983-01-24 | Forward | 2:1 |
| 1981-10-23 | Forward | 5:4 |
Southwest Airlines Co. is a Dallas-based carrier operating 728 Boeing 737s to 121 U.S. destinations and 10 near-international countries, offering flights, inflight entertainment, loyalty programs, and digital travel services.

Southwest has shifted from open seating to assigned seats for all passengers, starting in early 2026, with major marketing efforts—including a Super Bowl ad—aimed at attracting customers who value pre-selected seat certainty.
| Icon | PRODUCT | Q3-2025 | Q4-2025 | Q1-2026 | Q2-2026 |
|---|---|---|---|---|---|
![]() | Passenger | $6.31B | $6.78B ▲ | $6.59B ▼ | $7.75B ▲ |
![]() | Product and Service Other | $594M | $614M ▲ | $614M | $637M ▲ |
![]() | Cargo and Freight | $42M | $44M ▲ | $44M | $50M ▲ |
| Map | REGION | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
![]() | North America | $23B | $25B ▲ | $26.7B ▲ | $27.3B ▲ |
![]() | Latin America | $811M | $828M ▲ | $798M ▼ | $756M ▼ |
Overall rating: B-
| PEER | PRICE | |
|---|---|---|
JBHT | $261.03 | COMPARE |
CRS | $476.43 | COMPARE |
XPO | $188.56 | COMPARE |
WWD | $341.81 | COMPARE |
MTZ | $241.00 | COMPARE |
ZTO | $21.50 | COMPARE |
TRU | $85.67 | COMPARE |
ULS | $74.43 | COMPARE |