Southwest Airlines Co.

NYSE:LUV Stock Report

Market Cap: US$19.7b

Southwest Airlines Management

Management criteria checks 2/4

Southwest Airlines' CEO is Bob Jordan, appointed in Feb 2022, has a tenure of 2.83 years. total yearly compensation is $9.31M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth $9.09M. The average tenure of the management team and the board of directors is 2.8 years and 1.6 years respectively.

Key information

Bob Jordan

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage7.5%
CEO tenure2.8yrs
CEO ownership0.05%
Management average tenure2.8yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

Wall Street Lunch: Airline Stocks Take Off

Dec 05

Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Nov 27
Southwest Airlines (NYSE:LUV) Is Due To Pay A Dividend Of $0.18

Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Nov 21
Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Southwest's Lead From COVID Has Dissipated, And Now They Face The Consequences

Oct 20

Southwest Airlines Stock Jumps: Why I Am Not Impressed

Sep 27

Southwest Airlines Is An Easy Fix, But It's Not Necessarily A Buy

Sep 21

Southwest Airlines (NYSE:LUV) Could Be Struggling To Allocate Capital

Sep 10
Southwest Airlines (NYSE:LUV) Could Be Struggling To Allocate Capital

Southwest Airlines: Elliott Still Trying Too Hard

Sep 04

Wall Street Lunch: Elliott Investment To Meet Southwest Airlines

Aug 26

Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Aug 20
Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

It's Time To Buy Southwest Airlines Stock And Wait

Aug 15

Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Aug 03
Southwest Airlines (NYSE:LUV) Has Affirmed Its Dividend Of $0.18

Southwest Airlines Co. Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

Jul 31
Southwest Airlines Co. Just Beat EPS By 13%: Here's What Analysts Think Will Happen Next

Southwest Airlines Co.'s (NYSE:LUV) Earnings Haven't Escaped The Attention Of Investors

Jul 20
Southwest Airlines Co.'s (NYSE:LUV) Earnings Haven't Escaped The Attention Of Investors

Southwest Airlines' Recovery Is Encountering Turbulence (Rating Downgrade)

Jul 20

Southwest Airlines: How Can Elliott Help? (Technical Analysis)

Jul 08

When Should You Buy Southwest Airlines Co. (NYSE:LUV)?

Jul 05
When Should You Buy Southwest Airlines Co. (NYSE:LUV)?

Why Elliott Might LUV Southwest Airlines

Jun 10

Southwest Airlines (NYSE:LUV) Has Announced A Dividend Of $0.18

Jun 04
Southwest Airlines (NYSE:LUV) Has Announced A Dividend Of $0.18

Southwest Airlines (NYSE:LUV) Will Pay A Dividend Of $0.18

May 21
Southwest Airlines (NYSE:LUV) Will Pay A Dividend Of $0.18

US$27.32: That's What Analysts Think Southwest Airlines Co. (NYSE:LUV) Is Worth After Its Latest Results

Apr 30
US$27.32: That's What Analysts Think Southwest Airlines Co. (NYSE:LUV) Is Worth After Its Latest Results

Southwest Airlines Is Set To Soar Again

Apr 29

Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Apr 02
Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Southwest Airlines: Maintain Hold Amid Higher Costs And Boeing Turmoil

Mar 13

The Returns On Capital At Southwest Airlines (NYSE:LUV) Don't Inspire Confidence

Mar 02
The Returns On Capital At Southwest Airlines (NYSE:LUV) Don't Inspire Confidence

Southwest Airlines' (NYSE:LUV) Conservative Accounting Might Explain Soft Earnings

Feb 13
Southwest Airlines' (NYSE:LUV) Conservative Accounting Might Explain Soft Earnings

Southwest Airlines' (NYSE:LUV) Dividend Will Be $0.18

Feb 09
Southwest Airlines' (NYSE:LUV) Dividend Will Be $0.18

CEO Compensation Analysis

How has Bob Jordan's remuneration changed compared to Southwest Airlines's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$48m

Jun 30 2024n/an/a

US$78m

Mar 31 2024n/an/a

US$393m

Dec 31 2023US$9mUS$700k

US$465m

Sep 30 2023n/an/a

US$497m

Jun 30 2023n/an/a

US$581m

Mar 31 2023n/an/a

US$658m

Dec 31 2022US$5mUS$677k

US$539m

Sep 30 2022n/an/a

US$827m

Jun 30 2022n/an/a

US$996m

Mar 31 2022n/an/a

US$583m

Dec 31 2021US$3mUS$511k

US$977m

Sep 30 2021n/an/a

US$1m

Jun 30 2021n/an/a

-US$2b

Mar 31 2021n/an/a

-US$3b

Dec 31 2020US$4mUS$440k

-US$3b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

US$163m

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$3mUS$498k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$3mUS$483k

US$2b

Sep 30 2018n/an/a

US$4b

Jun 30 2018n/an/a

US$3b

Mar 31 2018n/an/a

US$3b

Dec 31 2017US$3mUS$470k

US$3b

Compensation vs Market: Bob's total compensation ($USD9.31M) is about average for companies of similar size in the US market ($USD12.88M).

Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.

CEO

Bob Jordan (63 yo)

2.8yrs

Tenure

US$9,307,299

Compensation

Mr. Robert E. Jordan, also known as Bob, serves as Director of ShiftKey, LLC since August 2023. He has been the Chief Executive Officer and Director of Southwest Airlines Co. since February 01, 2022 and al...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Jordan
President2.8yrsUS$9.31m0.046%
$ 9.1m
Tammy Romo
Executive VP & CFO12.3yrsUS$5.63m0.029%
$ 5.8m
Andrew Watterson
Chief Operating Officer2.2yrsUS$5.01m0.010%
$ 2.0m
Ray Schuster
Managing Director of Accounting & Financial Reporting6.1yrsno datano data
Thomas Merritt
VP of Technology – Infrastructure & Services and CTO5.3yrsno datano data
Lauren Woods
Senior VP of Technology & Chief Information Officer1.8yrsno datano data
Linda Rutherford
Chief Administrative Officer7.3yrsno data0.0051%
$ 1.0m
Julia Landrum
Vice President of Investor Relationsno datano datano data
Whitney Eichinger
Senior VP & Chief Communications Officer1.9yrsno datano data
Dave Harvey
VP & Chief Sales Officer1.9yrsno datano data
Elizabeth Bryant
Senior VP & Chief People Officer2.8yrsno datano data
Ryan Green
Executive Vice President of Commercial Transformation2.2yrsno data0.00081%
$ 159.2k

2.8yrs

Average Tenure

57yo

Average Age

Experienced Management: LUV's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Jordan
President2.8yrsUS$9.31m0.046%
$ 9.1m
Gary Kelly
Chairman Emeritus20.9yrsUS$9.06m0.15%
$ 28.9m
Douglas Brooks
Independent Director14.9yrsUS$305.54k0.013%
$ 2.5m
Rakesh Gangwal
Independent Chair of the Boardless than a yearno data0.60%
$ 118.2m
Robert Fornaro
Directorless than a yearno data0.00067%
$ 131.7k
Gregg Saretsky
Independent Directorless than a yearno data0.0019%
$ 367.6k
C. Cush
Independent Directorless than a yearno data0.0023%
$ 460.0k
David Hess
Independent Director3.1yrsUS$320.59k0.0026%
$ 513.1k
Eduardo Conrado
Independent Director1.6yrsUS$241.55k0.0020%
$ 387.3k
Elaine Mendoza
Independent Director1.6yrsUS$291.05k0.0020%
$ 387.3k
Christopher Reynolds
Independent Director2.6yrsUS$326.54k0.0026%
$ 513.1k
Lisa Atherton
Independent Directorless than a yearno data0.0010%
$ 200.5k

1.6yrs

Average Tenure

64yo

Average Age

Experienced Board: LUV's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 04:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Southwest Airlines Co. is covered by 45 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Lindsay BettiolAtlantic Equities LLP
Fred LowranceAvondale Partners