Company / Shares Outstanding
Southwest Airlines Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
640.0M
FY2025
5-year range
539.0M / 642.0M
FY2021-FY2025
Trend
-0.3%
vs FY2024
Sector context
#17 of 363
Industrials
What the data says
Among 363 Industrials companies, Southwest Airlines is in the bottom 5% for shares outstanding. Increased from 609000000.00 to 640000000.00 over the past 2 years.
Based on SEC 10-K filings.
640000000.00 in FY2025 with a 5-year CAGR of +2.2%. Top quartile in the Industrials sector.
Increased from 609000000.00 to 640000000.00 over the past 2 years.
Industrials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +4.2%
- 5-Year CAGR
- +2.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in IndustrialsTop 95% of 363This company 640.0M Sector average 162.6M
▼
+293.6% above sector average
Key checks
Key Insights
- In FY2025, shares outstanding decreased 0.3% year-over-year.
- Ranks #17 out of 363 companies in the Industrials sector.
- Peak shares outstanding was recorded in FY2016.
- Lowest shares outstanding in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 640.0M | -0.3% |
| FY2024 | 642.0M | +5.4% |
| FY2023 | 609.0M | +7.8% |
| FY2022 | 565.0M | +4.8% |
| FY2021 | 539.0M | -6.1% |
| FY2020 | 574.0M | -4.8% |
| FY2019 | 603.0M | -4.7% |
| FY2018 | 633.0M | -5.4% |
| FY2017 | 669.0M | -3.9% |
| FY2016 | 696.0M | -3.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026