Southwest Airlines Co (FRA:SWN) Market Cap: €21,881 Mil (As of Jun. 25, 2026)


FRA:SWN Southwest Airlines Co FRA:SWN
82 GF Score
Price €43.27
GF Value €35.02
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Southwest Airlines Co Market Cap?

Southwest Airlines Co FRA:SWN +3.15% 82 Market Cap is €21,881 Mil as of Jun. 25, 2026. GuruFocus rates FRA:SWN with a GF Score™ of 82/100 and a GF Value™ of €35.02 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,033 Transportation companies, Southwest Airlines Co ranks better than 97.58% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Southwest Airlines Co's share price for the quarter that ended in Mar. 2026 was €32.29. Southwest Airlines Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 491 Mil. Therefore, Southwest Airlines Co's market cap for the quarter that ended in Mar. 2026 was €15,857 Mil.

Southwest Airlines Co's quarterly market cap increased from Sep. 2025 (€14,362 Mil) to Dec. 2025 (€17,929 Mil) but then declined from Dec. 2025 (€17,929 Mil) to Mar. 2026 (€15,857 Mil).

Southwest Airlines Co's annual market cap increased from Dec. 2023 (€15,784 Mil) to Dec. 2024 (€19,253 Mil) but then declined from Dec. 2024 (€19,253 Mil) to Dec. 2025 (€17,929 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Southwest Airlines Co's Enterprise Value for Today is €24,577 Mil.


Southwest Airlines Co  (FRA:SWN) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Southwest Airlines Co Market Cap Related Terms


Southwest Airlines Co Market Cap Historical Data

* Premium members only.

The historical data trend for Southwest Airlines Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southwest Airlines Co Market Cap Chart

Southwest Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,145.29 18,443.70 15,783.73 19,253.04 17,929.33

Southwest Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,688.03 14,434.79 14,362.32 17,929.33 15,856.84

FRA:SWN vs AAL, CPA, ALK: Market Cap Comparison

For the Airlines subindustry, Southwest Airlines Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Airlines Co Market Cap vs Transportation Industry

For the Transportation industry and Industrials sector, Southwest Airlines Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Market Cap falls into.


FRA:SWN
82GF Score
Southwest Airlines Co FRA:SWN
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southwest Airlines Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Southwest Airlines Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=€34.775*515.581
=€17,929

Southwest Airlines Co's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=€32.29*491.076
=€15,857

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of €21,881 Mil mean?
Southwest Airlines Co (FRA:SWN) has a Market Cap of €21,881 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Southwest Airlines Co and its competitors. According to the industry distribution chart, Southwest Airlines Co ranks #25 out of 1033 companies in the Transportation industry, placing it in the top 2.4%.
Is Southwest Airlines Co's Market Cap too high?
Southwest Airlines Co's current Market Cap is €21,881 Mil. Based on the distribution chart, Southwest Airlines Co ranks #25 out of 1033 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Southwest Airlines Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Airlines Co's Market Cap compare to AAL and CPA?
According to the Transportation industry distribution chart, Southwest Airlines Co ranks #25 out of 1033 companies for Market Cap. This places Southwest Airlines Co in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 256.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 256.86, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Southwest Airlines Co and its competitors. For the Transportation industry, the median Market Cap is 256.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Airlines Co's current Market Cap is €21,881 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Southwest Airlines Co (FRA:SWN) is currently considered Modestly Overvalued. The stock's GF Value™ is €35.02, compared to a current price of €43.27 — trading 23.6% above its estimated fair value. The current Market Cap is €21,881 Mil. Southwest Airlines Co's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Southwest Airlines Co (FRA:SWN), the current Market Cap is €21,881 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southwest Airlines Co (FRA:SWN) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Airlines Co stock appears to be overvalued. The current stock price of €43.27 is trading 23.6% above its estimated GF Value™ of €35.02. GuruFocus considers Southwest Airlines Co to be Modestly Overvalued.

Key valuation signals for FRA:SWN:

  • Market Cap: €21,881 Mil
  • GF Value™: €35.02 vs. price of €43.27 (23.6% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the FRA:SWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southwest Airlines Co Business Description

Address P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated with a simple cabin configuration in a point-to-point network. In early 2026, Southwest modified its cabins to offer some rows with extra legroom, its ticketing process and merchandising to offer assigned seats, and more fare categories to include a basic economy class that appears for the first time in travel aggregators' search results and more directly competes with other airlines' offerings.
82GF Score

Get the complete analysis for FRA:SWN

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€43.27
Price
€35.02
GF Value