Southwest Airlines Co

FRA : SWN

USA·Industrials·Transportation·Ordinary Shares

€36.29

−2.61 (−6.47%)Oct 16 close

Market Cap

€17.83B

Enterprise Value

€20.20B

P/E (TTM)

49.48

P/B

2.68

Net Cash / (Debt)

−€2.35B

52-Week Range

€26 — €46

5-Year Range

€21 — €46

Avg Volume (3M)

295

ListingsFRA LTS MEX NYSE

Dividend Yield (TTM)

0.85%

vs 5Y avg 1.51% · 10Y avg 1.21%

Dividend Yield (Forward)

1.72%

4 payments/yr (spacing)

Dividends / Share (TTM)

$0.36

Forward (annualized): $0.72

Payout Ratio (EPS, TTM)

90.0%

Payout Ratio (FCF, TTM)

—

Dividend CAGR (3Y / 5Y / 10Y)

3Y—5Y32.0%10Y9.7%

Consecutive Growth Years

as of 2025

Years Without a Cut

as of 2025

Total Shareholder Yield (TTM)

14.77%

Div 1.98% + Net buyback 12.79%

Growth, streak and CAGR figures exclude special dividends.

Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)

14.8%

Dividends 2.0% + Net buybacks 12.8%

Net Buyback (TTM)

€2.25B

Gross €2.25B − Issuance €0

SBC (TTM)

€0

Share-based compensation, dilution driver

Net share-count change % / yr

Annual dividend growth

Year	DPS (regular sum, USD)	Change	Hikes
2025	0.72	0.0%	0
2024	0.72	-20.0%	0
2023	0.90	—	0
2020	0.18	-74.3%	0
2019	0.70	+15.7%	1
2018	0.605	+34.4%	1
2017	0.45	+20.0%	1
2016	0.375	+31.6%	1
2015	0.285	+78.1%	1
2014	0.16	+23.1%	1
2013	0.13	+276.8%	1
2012	0.0345	+91.7%	1
2011	0.018	+300.0%	0
2010	0.0045	—	0

Special dividends are excluded from these figures. Based on 51 regular payments.

Payment history (51 payments)

		As declared	Δ%	Type	Frequency	Declaration	Record	Pay date
2026-03-12	$0.18	–	0.0%	Cash	quarterly	-	2026-03-12	2026-04-02
2025-12-29	$0.18	–	0.0%	Cash	quarterly	-	2025-12-26	2026-01-16
2025-09-03	$0.18	–	0.0%	Cash	quarterly	-	2025-09-03	2025-09-24
2025-06-18	$0.18	–	0.0%	Cash	quarterly	-	2025-06-18	2025-07-09
2025-03-12	$0.18	–	0.0%	Cash	quarterly	-	2025-03-12	2025-04-02
2024-12-27	$0.18	–	0.0%	Cash	quarterly	-	2024-12-26	2025-01-16
2024-09-04	$0.18	–	0.0%	Cash	quarterly	-	2024-09-04	2024-09-25
2024-06-18	$0.18	–	0.0%	Cash	quarterly	-	2024-06-19	2024-07-10
2024-03-05	$0.18	–	0.0%	Cash	quarterly	-	2024-03-06	2024-03-27
2023-12-20	$0.18	–	0.0%	Cash	quarterly	-	2023-12-21	2024-01-11
2023-09-05	$0.18	–	0.0%	Cash	quarterly	-	2023-09-06	2023-09-27
2023-06-20	$0.18	–	0.0%	Cash	quarterly	-	2023-06-21	2023-07-12
2023-03-07	$0.18	–	0.0%	Cash	quarterly	-	2023-03-08	2023-03-29
2023-01-09	$0.18	–	0.0%	Cash	quarterly	-	2023-01-10	2023-01-31
2020-03-03	$0.18	–	0.0%	Cash	quarterly	-	2020-03-04	2020-03-25
2019-12-10	$0.18	–	0.0%	Cash	quarterly	-	2019-12-11	2020-01-08
2019-08-20	$0.18	–	0.0%	Cash	quarterly	-	2019-08-21	2019-09-11
2019-06-04	$0.18	–	+12.5%	Cash	quarterly	-	2019-06-05	2019-06-26
2019-03-05	$0.16	–	0.0%	Cash	quarterly	-	2019-03-06	2019-03-27
2018-12-04	$0.16	–	0.0%	Cash	quarterly	-	2018-12-05	2019-01-02
2018-08-21	$0.16	–	0.0%	Cash	quarterly	-	2018-08-22	2018-09-12
2018-06-05	$0.16	–	+28.0%	Cash	quarterly	-	2018-06-06	2018-06-27
2018-03-06	$0.125	–	0.0%	Cash	quarterly	-	2018-03-07	2018-03-28
2017-12-06	$0.125	–	0.0%	Cash	quarterly	-	2017-12-07	2018-01-04
2017-08-22	$0.125	–	+25.0%	Cash	quarterly	-	2017-08-24	2017-09-14
2017-06-06	$0.1	–	0.0%	Cash	quarterly	-	2017-06-07	2017-06-28
2017-03-07	$0.1	–	0.0%	Cash	quarterly	-	2017-03-09	2017-03-30
2016-12-06	$0.1	–	0.0%	Cash	quarterly	-	2016-12-08	2017-01-05
2016-08-16	$0.1	–	0.0%	Cash	quarterly	-	2016-08-18	2016-09-08
2016-06-06	$0.1	–	+33.3%	Cash	quarterly	-	2016-06-08	2016-06-29
2016-03-01	$0.075	–	0.0%	Cash	quarterly	-	2016-03-03	2016-03-24
2015-12-08	$0.075	–	0.0%	Cash	quarterly	-	2015-12-10	2016-01-07
2015-08-18	$0.075	–	0.0%	Cash	quarterly	-	2015-08-20	2015-09-10
2015-06-01	$0.075	–	+25.0%	Cash	quarterly	-	2015-06-03	2015-06-24
2015-03-03	$0.06	–	0.0%	Cash	quarterly	-	2015-03-05	2015-03-26
2014-08-19	$0.06	–	0.0%	Cash	quarterly	-	2014-08-21	2014-09-12
2014-06-02	$0.06	–	+50.0%	Cash	quarterly	-	2014-06-04	2014-06-25
2014-03-04	$0.04	–	0.0%	Cash	quarterly	-	2014-03-06	2014-03-27
2013-12-10	$0.04	–	0.0%	Cash	quarterly	-	2013-12-12	2014-01-02
2013-08-06	$0.04	–	0.0%	Cash	quarterly	-	2013-08-08	2013-08-29
2013-06-03	$0.04	–	+300.0%	Cash	quarterly	-	2013-06-05	2013-06-26
2013-03-05	$0.01	–	0.0%	Cash	quarterly	-	2013-03-07	2013-03-28
2012-12-04	$0.01	–	0.0%	Cash	quarterly	-	2012-12-06	2013-01-03
2012-08-14	$0.01	–	0.0%	Cash	quarterly	-	2012-08-16	2012-09-06
2012-06-04	$0.01	–	+122.2%	Cash	quarterly	-	2012-06-06	2012-06-20
2012-02-28	$0.0045	–	0.0%	Cash	quarterly	-	2012-03-01	2012-03-22
2011-12-06	$0.0045	–	0.0%	Cash	quarterly	-	2011-12-08	2012-01-05
2011-08-23	$0.0045	–	0.0%	Cash	quarterly	-	2011-08-25	2011-09-15
2011-06-06	$0.0045	–	0.0%	Cash	quarterly	-	2011-06-08	2011-06-22
2011-03-01	$0.0045	–	0.0%	Cash	quarterly	-	2011-03-03	2011-03-24
2010-12-07	$0.0045	–	–	Cash	quarterly	-	2010-12-09	2011-01-06

Amounts are in the declared currency; the listing currency is EUR.

No splits on record.