Computed from SEC EDGAR filings and closing prices — not copied from any wealth ranking. Dataset . How we calculate this.
Market capitalisation
$19.20B
489,208,201 shares Covers every share class this company has on file.
Insiders on file
27
people who have filed Form 3, 4 or 5 naming this issuer
Value of insider-held stock
$269.25M
from the holdings reported on Forms 3/4/5; this figure has no separate as-of date on file
Insider-held share of market cap
1.40%
insider-held value divided by market capitalisation
What SOUTHWEST AIRLINES CO reports
Revenue and net income below are for fiscal period FY2025, the period label carried by this company’s own annual XBRL filings to the SEC. Fiscal years do not line up between companies — one company’s FY2026 can cover much the same months as another’s FY2025 — so compare the periods, not just the numbers.
Revenue
$28.06B
FY2025annual revenue, from this company’s own annual XBRL filings to the SEC
Net income
$441.00M
FY2025profit for the period, from this company’s own annual XBRL filings to the SEC
Employees
73,456
Yahoo Finance
Where the employee count comes fromi
Headcount comes from Yahoo Finance, not from a filing. The date beside it is the day we retrieved the figure — it is not the date the company counted its staff, and Yahoo does not publish that date. Unlike the SEC filings behind the other figures on this page, this one carries no open licence, so we publish the number and nothing else from that source.
Insiders at SOUTHWEST AIRLINES CO
Shares is what each person last reported holding here.i
Everyone below has filed at least one insider report against this company.
Value is that share count priced at the same closing price used everywhere else on this site. A row priced from only some of a person’s securities says so — we do not quietly present a partial sum as a complete one.
Rows are grouped by the role each person reports.i
The role comes from the relationship boxes a person ticks on their own insider filings — officer, director, ten per cent owner — not from anything we infer. Somebody who is both an officer and a director appears once, in the combined group, so the row count still matches the figure at the top of this page. Where no filing states a role we say so instead of guessing one.
People who file insider reports against SOUTHWEST AIRLINES CO.
Detected automatically in the filings linked below. Each headline is built from the numbers in those filings, not written by a model. Newest first; events older than 45 days stay listed and are marked as older.
SOUTHWEST AIRLINES CO (LUV) filed a Form 8-K under Item 5.02 (directors and officers) on Aug 10, 2026
Director or officer change filing
The company filed a current report that includes Item 5.02, the item used to report departures, elections or appointments of directors and certain officers, and related pay arrangements. We record only that this filing exists: we have not extracted who left, who joined or whose role changed. Open the filing to read it.
Form 8-K filed Aug 10, 2026, item 5.02. SEC filing ↗
Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.
SOUTHWEST AIRLINES CO (LUV) filed a Form 8-K under Item 5.02 (directors and officers) on Aug 7, 2026
Director or officer change filing
The company filed a current report that includes Item 5.02, the item used to report departures, elections or appointments of directors and certain officers, and related pay arrangements. We record only that this filing exists: we have not extracted who left, who joined or whose role changed. Open the filing to read it.
Form 8-K filed Aug 7, 2026, item 5.02. SEC filing ↗
Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.
3 insiders bought SOUTHWEST AIRLINES CO (LUV) shares worth $567,932 between Apr 28, 2025 and Apr 30, 2025
Cluster buying
3 different insiders made 21 open-market purchases of this company’s shares within a short window. Each row below is one reported trade.
3 insiders bought SOUTHWEST AIRLINES CO (LUV) shares worth $567,932 between Apr 28, 2025 and Apr 30, 2025
Total of the rows above: $567,932, in the currency the filings report.
Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.
Rakesh Gangwal bought 183,006 SOUTHWEST AIRLINES CO (LUV) shares for $5,488,350 on Oct 1, 2024
Large trade for this person
Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.
Rakesh Gangwal bought 183,006 SOUTHWEST AIRLINES CO (LUV) shares for $5,488,350 on Oct 1, 2024
Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.
Rakesh Gangwal bought 366,926 SOUTHWEST AIRLINES CO (LUV) shares for $10,842,314 on Sep 30, 2024
Large trade for this person
Flagged because this trade was large compared with this person’s own earlier open-market trades in the same currency — not because it is large in absolute terms. A trade that is routine for one insider can be flagged for another.
Rakesh Gangwal bought 366,926 SOUTHWEST AIRLINES CO (LUV) shares for $10,842,314 on Sep 30, 2024
Total of the rows above: $10,842,314, in the currency the filings report.
Source: SEC EDGAR (United States); every row links to where it was published. Event computed Sep 14, 2026.
Recent insider transactions
Of the 307 rows we hold,
219 are open-market
purchases (P) and
3 open-market
sales (S) — the only codes we count as buying or selling.i
The rest — awards, shares withheld to pay tax, option exercises, gifts and so on — follow from an employment contract or a transfer arranged off-market, not from a decision to buy or sell, so counting them would turn this into a pay table.
A price of 0.00 is a real reported figure on gifts (G) and share awards (A) — not a gap in our data.
Insider transactions disclosed to the SEC for SOUTHWEST AIRLINES CO, newest first, each with the filing behind it.
From SEC Form 4 filings. Every row links to the filing it
came from. How we calculate this.
What a Form 4 isi
The report an officer, director or large shareholder must file after trading their own company’s stock.
Corporate ownership links — 1 filer holds a position
Who owns SOUTHWEST AIRLINES CO
Each row is one filer naming this company.i
Funds, trusts and other companies file the same ownership forms that executives do. Everything below is taken from those filings, with the position exactly as the filing states it.
Filers holding a position in SOUTHWEST AIRLINES CO
Funds, trusts and companies that disclose an ownership
position in SOUTHWEST AIRLINES CO.
5 legal entities named in the subsidiary exhibit filed with this company’s most recent 10-K. .
Filing on SEC.gov.
This is not the full list. SEC rules only require a company to name
its significant subsidiaries.
What that leaves outi
Smaller entities are left out of the exhibit entirely. A short list here means a short exhibit — it does not mean the company owns nothing else. Nothing on this page is inferred: every name below is copied from the filing.
Subsidiaries SOUTHWEST AIRLINES CO names in its
most recent annual report, with the place each one is organised.
Subsidiary
Organised in
AirTran Airways, Inc.
Delaware
AirTran Holdings, LLC
Texas
Southwest Airlines India Private Limited
India
Southwest Jet Fuel Co.
Texas
Triple Crown Assurance Co.
Texas
What counts as a subsidiaryi
A subsidiary is a separate legal entity this company controls; it is not the same thing as a brand, a division or an office. These entities do not file with the SEC in their own right, so there is no separate page to open for them.
Think a number here is wrong?
Open the linked filing and compare —
how to report it.
Sources and technical notes
Every figure on this page comes from filings to the U.S. SEC via EDGAR.
Nothing here is estimated, and nothing is taken from press coverage or company websites.
Share count: cover page of the latest filing (dei:EntityCommonStockSharesOutstanding), taken from
SOUTHWEST AIRLINES CO’s own filings and multiplied by our closing price.
Full method.
What that share count meansi
the share count the company itself prints on the cover of its most recent filing, as of the date it signed that filing.
We do not take a market cap from a data vendor, and we do not estimate one: the figure
is a share count from SOUTHWEST AIRLINES CO’s
own SEC filings multiplied by
the closing price we hold for the same stock.
Logo:
Lippincott Studio, NY /
Public domain
, via Wikimedia Commons ↗
— used here to identify the company. Trademarks remain the property of their owner.
