Southwest Airlines operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the U.S. and near-international markets. Co. has Boeing 737 aircraft in its fleet and serves destinations in various states, the District of Columbia, the Commonwealth of Puerto Rico, and other near-international countries such as Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Co. principally provides point-to-point service, which allows for direct nonstop routing. Co. provides a suite of digital platforms to support customers' travel needs, including websites and apps. We show 52 historical shares outstanding datapoints in our LUV shares outstanding history coverage, used to compute LUV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LUV market cap history over the course of time is important for investors
interested in comparing LUV's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LUV versus a peer is one thing; comparing
LUV market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LUV can fluctuate over the course of history.
With this page we aim to empower investors researching LUV by allowing them to research the LUV market cap history. |
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Video: The Importance of Market Cap
