Southwest Airlines Co's quarterly market cap
increased
from Sep. 2023 ($16,137 Mil) to Dec. 2023 ($17,227 Mil) and
increased
from Dec. 2023 ($17,227 Mil) to Mar. 2024 ($17,426 Mil).
Southwest Airlines Co's annual market cap
declined
from Dec. 2021 ($25,366 Mil) to Dec. 2022 ($20,000 Mil) and
declined
from Dec. 2022 ($20,000 Mil) to Dec. 2023 ($17,227 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 $14,957 Mil.
* 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.
Competitive Comparison of Southwest Airlines Co's Market Cap
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's Market Cap Distribution in the 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.
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. 2023 is calculated as
* 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 (NYSE:LUV) 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 companys 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
Thank you for viewing the detailed overview of Southwest Airlines Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Southwest Airlines Co (Southwest Airlines Co) Business Description
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 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, using a point-to-point network. Southwest operates a low-cost carrier business model.
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