Southwest Airlines (LUV) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Southwest Airlines (LUV) ten years ago, at the end of Oct 2016, was worth $11,996 at the end of Oct 2026 with every dividend reinvested: 1.8% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $40,956 reinvested (7.8% a year), or $39,873 taking the dividends as cash, $5,094 of it paid out along the way.
LUV became
$40,956
S&P 500: $72,756
Return a year
7.8%
S&P 500: 11.1%
Payouts reinvested
$5,528
bought more shares
Worst drop
-64.3%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | LUV total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | +4.0% | $554 | +11.7% |
| 2025 | +25.7% | $734 | +17.7% |
| 2024 | +19.1% | $650 | +24.9% |
| 2023 | −11.8% | $804 | +26.2% |
| 2022 | −21.4% | $22 | −18.2% |
| 2021 | −8.1% | $14 | +28.7% |
| 2020 | −13.3% | $140 | +18.3% |
| 2019 | +17.7% | $629 | +31.2% |
| 2018 | −28.2% | $504 | −4.6% |
| 2017 | +32.4% | $423 | +21.7% |
| 2016 | +16.8% | $348 | +12.0% |
| 2015 | +2.4% | $234 | +1.2% |
| 2014 | +126.3% | $202 | +13.5% |
| 2013 | +85.5% | $108 | +32.3% |
| 2012 | +19.9% | $39 | +16.0% |
| 2011 | −34.0% | $24 | +1.9% |
| 2010 | +13.9% | $42 | +15.1% |
| 2009 | +33.1% | $38 | +26.4% |
| 2008 | −29.3% | $19 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: LUV total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Southwest Airlines (LUV) at the end of Dec 2007, with dividends reinvested, was worth $40,956 at the end of Oct 2026: 7.8% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, LUV turned $10,000 into $11,996 with dividends reinvested, 1.8% a year.
- Over the 5 years to Oct 2026, LUV returned -0.4% a year with dividends reinvested (S&P 500: 12.0%).
- Taking LUV's dividends as cash instead of reinvesting them, the same $10,000 ended at $39,873, including $5,094 of cash received; reinvesting added $1,083.
- LUV's best calendar year in that time was 2014 (126.3%) and its worst 2011 (-34.0%), with dividends reinvested.
Cite this page
SmarterDividends, "Southwest Airlines (LUV) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/LUV/total-return
LUV total return questions
If I invested $10,000 in LUV 10 years ago, how much would I have?
About $11,996 at the end of Oct 2026, with every dividend reinvested: 1.8% a year. Taking them as cash, you'd have shares worth $10,594 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is LUV's total return since Dec 2007?
310% in total, or 7.8% a year, through Oct 2026 with dividends reinvested. The share price alone rose 248%.
How much of LUV's return came from dividends?
About 12% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $1,083 better off on a $10,000 start.
What was LUV's worst year?
2011, at -34.0% with dividends reinvested (S&P 500: 1.9%). Its deepest fall from a peak, on month-end values, was -64.3%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.