Southwest Airlines (LUV) stock split history
Southwest Airlines has split its stock 7 times since 1990. The latest was a 3-for-2 split on 16 Feb 2001: each share held before became 3 shares for every 2 held. Our price history does not reach back to that date, so we show no closing prices around it. Below: every split, what it did to the share count, and the chart with splits marked.
All LUV stock splits
| Effective date | Split | Close before | First close after | Shares today per 1 held before |
|---|---|---|---|---|
| 16 Feb 2001 | 3-for-2 | – | – | 1.5 |
| 20 Jul 1999 | 3-for-2 | – | – | 2.25 |
| 21 Aug 1998 | 3-for-2 | – | – | 3.38 |
| 28 Nov 1997 | 3-for-2 | – | – | 5.06 |
| 16 Jul 1993 | 3-for-2 | – | – | 7.59 |
| 16 Jul 1992 | 2-for-1 | – | – | 15.19 |
| 30 Aug 1990 | 3-for-2 | – | – | 22.78 |
Split is new shares for old shares: in a 10-for-1 split one share becomes ten. Close before is the last close before the effective date and first close after is the first close on or after it, both as traded in LUV's own history (not adjusted), so the two differ by about the split ratio plus that day's market move. Shares today shows how many shares one share held just before that split has become after it and every later split. Dates and ratios: EODHD.
LUV price chart with splits marked
The chart shows split-adjusted prices, so the price does not jump on a split date; each split is marked on the date axis. Use the buttons to change the range.
How to read LUV's split history
A stock split changes the number of shares and the price per share by the same factor, so the value of a holding stays the same on the day. Southwest Airlines's 3-for-2 split on 16 Feb 2001 is the latest in our data: each share held before became 3 shares for every 2 held. Across all 7 splits since 1990, one share held just before the first split has become 22.78 shares.
A split does not change what a company earns or what it is worth. Per-share figures such as earnings and dividends per share are restated by the ratio, which is why old prices look different in an adjusted chart than in the newspaper of the day. The LUV stock page has the current score and fair value range, and the LUV price history lists daily prices with both as-traded and adjusted closes.
Recent splits in the same sector: Industrials
| Company | Latest split | Date |
|---|---|---|
| DD DuPont de Nemours | 1-for-3 | 24 Jun 2026 |
| FAST Fastenal | 2-for-1 | 22 May 2025 |
| CTAS Cintas | 4-for-1 | 12 Sep 2024 |
| ODFL Old Dominion Freight Line | 2-for-1 | 28 Mar 2024 |
| CPRT Copart | 2-for-1 | 22 Aug 2023 |
| PCAR Paccar | 3-for-2 | 8 Feb 2023 |
| GE General Electric | 1-for-8 | 2 Aug 2021 |
| ROL Rollins | 3-for-2 | 11 Dec 2020 |
Frequently asked questions
When did Southwest Airlines last split its stock?
The last LUV stock split in our data took effect on 16 Feb 2001. It was a 3-for-2 split: each share held before became 3 shares for every 2 held. Our price history does not reach back to that date, so we show no closing prices around it.
How many times has Southwest Airlines split its stock?
Southwest Airlines (LUV) has had 7 stock splits since 30 Aug 1990 in our data, which goes back to 1990. Taken together, one share held just before the first split has become 22.78 shares.
Has Southwest Airlines announced a new stock split?
Our data lists no split for LUV after 16 Feb 2001 and no announced future one as of 22 Oct 2026. A company announces a split first, usually together with earnings or in a filing, and the split takes effect weeks later. The company's 8-K filings and press releases are the primary source.
What does a 3-for-2 split mean for shareholders?
In a 3-for-2 split the number of shares goes up and the price per share goes down by the same factor: each share held before became 3 shares for every 2 held. The total value of a holding is not changed by the split itself; it only changes with the market price afterwards.
Does a stock split change what a company is worth?
No. A split cuts the same company into more (or fewer) pieces, so market value, earnings and dividends per share are all restated by the ratio. Charts and per-share figures in our data are adjusted for splits so that past and present prices can be compared.
Where does this split data come from?
Split dates and ratios come from EODHD. The closing prices around each split are the as-traded closes in our database. Feed entries that are only price-adjustment factors for spin-offs or special distributions are not counted as splits.
Related
Educational information, not financial advice. Split data to 22 Oct 2026; a company can announce a split at any time.