Southwest Airlines (LUV) - Market capitalization

Market cap: A$28.42 Billion

As of December 2025 Southwest Airlines has a market cap of A$28.42 Billion. This makes Southwest Airlines the world's 1174th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Southwest Airlines from 1996 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	A$28.42 B	-13.4%
2024	A$32.82 B	29.89%
2023	A$25.26 B	-13.99%
2022	A$29.37 B	-16.01%
2021	A$34.97 B	-2.24%
2020	A$35.78 B	-10.59%
2019	A$40.01 B	9.76%
2018	A$36.45 B	-26.71%
2017	A$49.74 B	16.87%
2016	A$42.56 B	11.2%
2015	A$38.27 B	9.57%
2014	A$34.93 B	136.13%
2013	A$14.79 B	105.59%
2012	A$7.19 B	10.72%
2011	A$6.49 B	-31.95%
2010	A$9.55 B	1.06%
2009	A$9.45 B	4.57%
2008	A$9.03 B	-11.86%
2007	A$10.25 B	-32.64%
2006	A$15.22 B	-14.88%
2005	A$17.88 B	8.29%
2004	A$16.51 B	-3.66%
2003	A$17.14 B	-10.55%
2002	A$19.16 B	-30.99%
2001	A$27.76 B	-8.17%
2000	A$30.23 B	146.7%
1999	A$12.25 B	0.64%
1998	A$12.17 B	45.63%
1997	A$8.36 B	108.06%
1996	A$4.01 B

End of Day market cap according to different sources

On Dec 4th, 2025 the market cap of Southwest Airlines was reported to be:

A$27.99 Billion

by Nasdaq

A$28.42 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Jetblue Airways JBLU	A$2.55 B	-91.01%	🇺🇸 USA
United Airlines Holdings UAL	A$51.24 B	80.28%	🇺🇸 USA
Delta Air Lines DAL	A$66.35 B	133.45%	🇺🇸 USA
Alaska Airlines ALK	A$8.29 B	-70.82%	🇺🇸 USA
SkyWest SKYW	A$6.23 B	-78.07%	🇺🇸 USA
Allegiant Air ALGT	A$2.20 B	-92.25%	🇺🇸 USA
American Airlines AAL	A$14.30 B	-49.67%	🇺🇸 USA
Spirit Airlines SAVEQ	A$76.97 M	-99.73%	🇺🇸 USA
Hawaiian Airlines HA	A$1.41 B	-95.02%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Southwest Airlines (LUV)

Market cap: A$28.42 Billion