SWN.F
Southwest Airlines Co.
FrankfurtEUREQUITY
Industrials
DELAYED
Last price
34.09
▼ 1.46 (4.11%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
34.09
Prev close
35.55
Day high
34.09
Day low
34.09
Volume
50
Market cap
$16.68B
P/E (TTM)
24.88
52W range
25.74 – 46.34
Day trading desk
Gap from prior close
-4.11%
Prior close 35.55
VWAP
34.09
0.00% from price
Relative volume
2.38×
Unusually busy
Session range
—
34.09 – 34.09
Position in range
—
—
ATR (14D)
0.84
2.46% of price
Prior day high
35.55
PDH
Prior day low
35.55
PDL
Bid / ask spread
—
Quote not published
Session volume
50
Avg 21
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-12.12%
-10.7%
1M
-16.41%
-20.1%
3M
-4.51%
-7.6%
6M
-21.72%
-32.8%
YTD
-1.97%
-14.3%
1Y
+25.54%
+5.5%
3Y
+18.97%
-55.2%
5Y
-18.00%
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SWN.F open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
4.98M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 10, 26 | KRISHNA VARUN Director |
STOCK | 3.79K | $0 | Direct |
| Aug 10, 26 | LIBERTY JASON T Director |
STOCK | 3.79K | $0 | Direct |
| Aug 5, 26 | JORDAN ROBERT E Chief Executive Officer |
STOCK | 28.32K | $0 | Direct |
| Aug 5, 26 | WOODS LAUREN TAUSCHER Chief Technology Officer |
STOCK | 7.60K | $0 | Direct |
| Aug 5, 26 | WATTERSON ANDREW M Chief Operating Officer |
STOCK | 3.00K | $0 | Direct |
| Aug 5, 26 | JONES JUSTIN Officer |
STOCK | 8.57K | $0 | Direct |
| Aug 5, 26 | ROACH ANTHONY Officer |
STOCK | 9.51K | $0 | Direct |
| Aug 5, 26 | DOXEY TOM Chief Financial Officer |
STOCK | 6.32K | $0 | Direct |
| May 7, 26 | REYNOLDS CHRISTOPHER P. Director |
STOCK | 4.11K | $0 | Direct |
| May 7, 26 | ATHERTON LISA M Director |
STOCK | 4.11K | $0 | Direct |
| May 7, 26 | FEINBERG SARAH Director |
STOCK | 4.11K | $0 | Direct |
| May 7, 26 | WATSON PATRICIA A Director |
STOCK | 4.11K | $0 | Direct |
| May 7, 26 | BREBER PIERRE R. Director |
STOCK | 4.11K | $0 | Direct |
| May 7, 26 | FORNARO ROBERT L Director |
STOCK | 4.11K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BROOKS DOUGLAS H |
Director | 164.34K | Stock Award(Grant) |
DOXEY TOM |
Chief Financial Officer | 111.12K | Stock Award(Grant) |
ELLIOTT INVESTMENT MANAGEMENT, L.P |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
GANGWAL RAKESH |
Director | 3.61M | Stock Award(Grant) |
GREEN RYAN C |
Officer | 94.73K | Stock Award(Grant) |
JORDAN ROBERT E |
Chief Executive Officer | 647.82K | Stock Award(Grant) |
KELLY GARY C |
Officer and Director | — | Stock Gift |
ROMO TAMMY |
Chief Financial Officer | 301.35K | Stock Award(Grant) |
RUTHERFORD LINDA B |
Officer | 133.79K | Stock Award(Grant) |
WATTERSON ANDREW M |
Chief Operating Officer | 227.94K | Stock Award(Grant) |
Fundamentals
Market cap$16.68B
Enterprise value$19.78B
Revenue (TTM)$30.07B
Gross profit$6.74B
EBITDA$2.34B
Net income$837.00M
EPS (TTM)$1.37
Free cash flow$-834.75M
Total cash$3.79B
Total debt$6.89B
Book value / share$12.54
Shares outstanding489.21M
Float484.13M
Short % of float—
Dividend yield1.85%
Beta (5Y)1.14
Valuation & profitability ratios
Trailing P/E24.88
Forward P/E11.56
PEG ratio0.31
Price / sales—
Price / book2.72
EV / revenue0.66
EV / EBITDA8.46
Gross margin22.40%
Operating margin3.38%
Profit margin2.78%
Return on equity11.10%
Return on assets2.32%
Debt / equity97.28
Current ratio0.49
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $28.06B | $27.48B | $26.09B | $23.81B | +2.1% |
| Operating revenue | $25.71B | $25.16B | $23.81B | $21.59B | +2.2% |
| Cost of revenue | $23.17B | $23.02B | $21.87B | $19.06B | +0.6% |
| Gross profit | $4.89B | $4.46B | $4.22B | $4.75B | +9.8% |
| Total operating expense | $4.47B | $4.14B | $4.00B | $3.73B | +8.0% |
| Operating income | $428.00M | $321.00M | $224.00M | $1.02B | +33.3% |
| Net interest income | $92.00M | $283.00M | $347.00M | -$84.00M | -67.5% |
| Pre-tax income | $563.00M | $598.00M | $633.00M | $728.00M | -5.9% |
| Tax provision | $122.00M | $133.00M | $168.00M | $189.00M | -8.3% |
| Net income | $441.00M | $465.00M | $465.00M | $539.00M | -5.2% |
| Net income to common | $442.00M | $485.00M | $484.00M | $561.00M | -8.9% |
| Basic EPS | 0.82 | 0.78 | 0.84 | 0.91 | +5.1% |
| Diluted EPS | 0.79 | 0.76 | 0.81 | 0.87 | +3.9% |
| EBIT | $676.00M | $812.00M | $869.00M | $1.03B | -16.7% |
| EBITDA | $2.24B | $2.47B | $2.39B | $2.38B | -9.4% |
| Basic shares | 540.00M | 598.00M | 595.00M | 593.00M | -9.7% |
| Diluted shares | 558.00M | 643.00M | 640.00M | 642.00M | -13.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $3.23B | $7.51B | $9.29B | $9.49B | -57.0% |
| Cash & short-term investments | $3.23B | $8.72B | $11.47B | $12.29B | -63.0% |
| Accounts receivable | $98.00M | $47.00M | $104.00M | $117.00M | +108.5% |
| Inventory | $775.00M | $800.00M | $807.00M | $790.00M | -3.1% |
| Total current assets | $5.64B | $11.27B | $13.96B | $14.81B | -49.9% |
| Property, plant & equipment | $21.33B | $20.43B | $20.60B | $18.74B | +4.5% |
| Goodwill & intangibles | $1.27B | $1.27B | $1.27B | $1.27B | -0.3% |
| Total assets | $29.06B | $33.75B | $36.49B | $35.37B | -13.9% |
| Total current liabilities | $10.92B | $12.28B | $12.26B | $10.38B | -11.0% |
| Current debt | $324.00M | $1.63B | $29.00M | $42.00M | -80.1% |
| Long-term debt | $4.58B | $5.07B | $7.98B | $7.90B | -9.7% |
| Total debt | $5.98B | $8.06B | $9.20B | $9.43B | -25.8% |
| Total liabilities | $21.08B | $23.40B | $25.97B | $24.68B | -9.9% |
| Retained earnings | $16.39B | $16.33B | $16.30B | $16.26B | +0.3% |
| Shareholder equity | $7.98B | $10.35B | $10.52B | $10.69B | -22.9% |
| Working capital | -$5.28B | -$1.00B | $1.70B | $4.43B | -426.5% |
| Net tangible assets | $6.71B | $9.08B | $9.25B | $9.42B | -26.0% |
| Shares issued | 888.11M | 888.11M | 888.11M | 888.11M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $441.00M | $465.00M | $465.00M | $539.00M | -5.2% |
| Depreciation & amortisation | $1.56B | $1.66B | $1.52B | $1.35B | -5.9% |
| Change in working capital | -$413.00M | -$1.59B | $1.25B | $1.48B | +74.0% |
| Operating cash flow | $1.84B | $462.00M | $3.16B | $3.79B | +298.7% |
| Capital expenditure | -$2.67B | -$2.05B | -$3.52B | -$3.95B | -30.1% |
| Investing cash flow | -$1.43B | -$261.00M | -$2.93B | -$3.75B | -447.5% |
| Share buybacks | -$2.55B | -$250.00M | $0 | $0 | -920.0% |
| Dividends paid | -$399.00M | -$430.00M | -$428.00M | $0 | +7.2% |
| Financing cash flow | -$4.69B | -$1.98B | -$436.00M | -$3.03B | -136.9% |
| Free cash flow | -$831.00M | -$1.59B | -$356.00M | -$156.00M | +47.8% |
| End cash position | $3.23B | $7.51B | $9.29B | $9.49B | -57.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $8.43B | $7.25B | $7.44B | $6.95B | $7.24B | — | +16.3% |
| Operating revenue | $7.79B | $6.63B | $6.83B | $6.36B | $6.67B | — | +17.5% |
| Cost of revenue | $7.05B | $5.88B | $5.93B | $5.79B | $5.89B | — | +19.8% |
| Gross profit | $1.39B | $1.37B | $1.51B | $1.16B | $1.36B | — | +1.4% |
| Total operating expense | $1.10B | $1.04B | $1.12B | $1.12B | $1.13B | — | +6.2% |
| Operating income | $285.00M | $330.00M | $391.00M | $35.00M | $225.00M | — | -13.6% |
| Net interest income | -$19.00M | -$19.00M | $2.00M | $12.00M | $28.00M | — | 0.0% |
| Pre-tax income | $306.00M | $285.00M | $408.00M | $68.00M | $280.00M | — | +7.4% |
| Tax provision | $73.00M | $58.00M | $85.00M | $14.00M | $67.00M | — | +25.9% |
| Net income | $233.00M | $227.00M | $323.00M | $54.00M | $213.00M | — | +2.6% |
| Net income to common | $233.00M | $227.00M | $324.00M | $54.00M | $213.00M | — | +2.6% |
| Basic EPS | 0.48 | 0.45 | 0.63 | — | 0.40 | -0.26 | +6.7% |
| Diluted EPS | 0.47 | 0.45 | 0.61 | — | 0.39 | -0.26 | +4.4% |
| EBIT | $358.00M | $327.00M | $439.00M | $90.00M | $306.00M | — | +9.5% |
| EBITDA | $760.00M | $725.00M | $810.00M | $484.00M | $706.00M | — | +4.8% |
| Basic shares | 489.00M | 498.00M | 516.00M | — | 538.00M | 584.00M | -1.8% |
| Diluted shares | 493.00M | 503.00M | 521.00M | — | 541.00M | 584.00M | -2.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.79B | $3.33B | $3.23B | $2.90B | $3.48B | +13.9% |
| Cash & short-term investments | $3.79B | $3.33B | $3.23B | $3.02B | $3.84B | +13.9% |
| Accounts receivable | $78.00M | $171.00M | $98.00M | $52.00M | $60.00M | -54.4% |
| Inventory | $917.00M | $833.00M | $775.00M | $792.00M | $773.00M | +10.1% |
| Total current assets | $6.48B | $5.97B | $5.64B | $5.39B | $6.09B | +8.6% |
| Property, plant & equipment | $21.59B | $21.39B | $21.33B | $20.87B | $20.64B | +0.9% |
| Goodwill & intangibles | $1.27B | $1.27B | $1.27B | $1.26B | $1.26B | 0.0% |
| Total assets | $30.12B | $29.36B | $29.06B | $28.31B | $28.71B | +2.6% |
| Total current liabilities | $13.27B | $12.48B | $10.92B | $10.99B | $10.89B | +6.3% |
| Current debt | $2.16B | $851.00M | $324.00M | $23.00M | $22.00M | +153.3% |
| Long-term debt | $3.79B | $4.54B | $4.58B | $4.08B | $4.08B | -16.4% |
| Total debt | $6.89B | $6.40B | $5.98B | $5.26B | $5.34B | +7.7% |
| Total liabilities | $23.04B | $22.48B | $21.08B | $20.54B | $20.71B | +2.5% |
| Retained earnings | $16.67B | $16.53B | $16.39B | $16.16B | $16.20B | +0.9% |
| Shareholder equity | $7.08B | $6.88B | $7.98B | $7.78B | $8.00B | +3.0% |
| Working capital | -$6.79B | -$6.51B | -$5.28B | -$5.60B | -$4.80B | -4.2% |
| Net tangible assets | $5.82B | $5.61B | $6.71B | $6.51B | $6.74B | +3.7% |
| Shares issued | 515.58M | 515.58M | 888.11M | 812.64M | 573.91M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $233.00M | $227.00M | $323.00M | $54.00M | $213.00M | +2.6% |
| Depreciation & amortisation | $402.00M | $398.00M | $371.00M | $394.00M | $400.00M | +1.0% |
| Change in working capital | -$112.00M | $776.00M | -$491.00M | -$225.00M | -$371.00M | -114.4% |
| Operating cash flow | $530.00M | $1.42B | $295.00M | $287.00M | $401.00M | -62.6% |
| Capital expenditure | -$818.00M | -$630.00M | -$859.00M | -$678.00M | -$660.00M | -29.8% |
| Investing cash flow | -$560.00M | -$445.00M | -$742.00M | -$428.00M | -$882.00M | -25.8% |
| Share buybacks | $0 | -$1.25B | -$50.00M | -$250.00M | -$1.50B | +100.0% |
| Dividends paid | -$88.00M | -$93.00M | $0 | -$189.00M | -$103.00M | +5.4% |
| Financing cash flow | $493.00M | -$876.00M | $776.00M | -$432.00M | -$4.18B | +156.3% |
| Free cash flow | -$288.00M | $788.00M | -$564.00M | -$391.00M | -$259.00M | -136.5% |
| End cash position | $3.79B | $3.33B | $3.23B | $2.90B | $3.48B | +13.9% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $8.21B | +18.1% |
| Next quarter | — | — | $8.89B | +19.5% |
| Current year | — | — | $32.97B | +17.5% |
| Next year | — | — | $34.18B | +3.7% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders1.02%
Held by institutions93.74%
Institutions holding1.19K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
37.77
-9.75% from price
SMA 20
39.00
-12.59% from price
SMA 50
41.07
-17.00% from price
SMA 100
37.75
-9.71% from price
SMA 200
36.71
-7.13% from price
EMA 12
37.60
-9.33% from price
EMA 26
38.99
-12.58% from price
EMA 50
39.36
-13.38% from price
RSI (14)
25.5
Oversold
MACD (12,26,9)
-1.40
Hist -0.59
ATR (14)
0.84
2.46% of price
Realised vol 30D
37.4%
Annualised
Bollinger upper
43.00
20, 2σ
Bollinger lower
35.00
20, 2σ
50 / 200 cross
Golden
41.07 vs 36.71
Trend bias
Below 200
-7.13%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.34
Less volatile than market
Correlation to SPY
0.10
Largely independent
Realised vol 30D
37.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-31.7%
Peak to trough
Max drawdown 5Y
-56.1%
Peak to trough
ATR 14
0.84
2.46% of price
Beta (reported)
1.14
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 24, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Jul 24, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jul 24, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Jul 7, 26 | Susquehanna | MAINTAINED | Neutral | Neutral |
| Jul 6, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Jul 6, 26 | Raymond James | MAINTAINED | Outperform | Outperform |
| Jul 2, 26 | Goldman Sachs | MAINTAINED | Sell | Sell |
| Jul 2, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jul 2, 26 | TD Cowen | MAINTAINED | Buy | Buy |
| Jul 1, 26 | B of A Securities | MAINTAINED | Underperform | Underperform |
| Jun 30, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Jun 26, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate$0.63 / yr
Forward yield1.85%
5-year avg yield1.04%
Payout ratio45.00%
Ex-dividend dateSep 3, 2026
Next pay date—
Last split—
Split date—
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