Ticker League

Stock Seasonality for Southwest Airlines (LUV)

Southwest Airlines (LUV) historical monthly and quarterly returns. Dividend-adjusted performance data.

Southwest Airlines (LUV) seasonality heatmap

Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.

2026

Jan+15.0%
Feb+3.7%
Mar-23.4%
Apr+0.9%
May+13.3%
Jun+7.3%
Jul
Aug
Sep
Oct
Nov
Dec

2025

Jan-8.6%
Feb+1.1%
Mar+8.8%
Apr-16.7%
May+19.4%
Jun-2.2%
Jul-4.7%
Aug+6.4%
Sep-2.5%
Oct-5.0%
Nov+14.9%
Dec+19.2%

2024

Jan+3.5%
Feb+14.7%
Mar-14.4%
Apr-11.1%
May+3.5%
Jun+7.3%
Jul-5.8%
Aug+7.3%
Sep+3.1%
Oct+3.2%
Nov+5.8%
Dec+4.4%

2023

Jan+6.8%
Feb-6.1%
Mar-2.6%
Apr-6.9%
May-1.4%
Jun+21.9%
Jul-5.7%
Aug-7.5%
Sep-13.9%
Oct-17.9%
Nov+15.0%
Dec+13.6%

2022

Jan+4.5%
Feb-2.1%
Mar+4.6%
Apr+2.0%
May-1.8%
Jun-21.2%
Jul+5.6%
Aug-3.7%
Sep-16.0%
Oct+17.9%
Nov+9.8%
Dec-15.6%

2021

Jan-5.7%
Feb+32.3%
Mar+5.0%
Apr+2.8%
May-2.1%
Jun-13.6%
Jul-4.8%
Aug-1.5%
Sep+3.3%
Oct-8.1%
Nov-6.1%
Dec-3.5%

2020

Jan+1.8%
Feb-16.0%
Mar-22.6%
Apr-12.2%
May+2.7%
Jun+6.5%
Jul-9.6%
Aug+21.7%
Sep-0.2%
Oct+5.4%
Nov+17.2%
Dec+0.6%

2019

Jan+22.1%
Feb-1.3%
Mar-7.1%
Apr+4.5%
May-12.2%
Jun+7.1%
Jul+1.5%
Aug+1.9%
Sep+3.2%
Oct+3.9%
Nov+2.7%
Dec-6.0%

2018

Jan-7.1%
Feb-4.9%
Mar-0.7%
Apr-7.8%
May-3.3%
Jun-0.1%
Jul+14.3%
Aug+5.7%
Sep+1.9%
Oct-21.4%
Nov+11.2%
Dec-14.6%

2017

Jan+4.9%
Feb+10.5%
Mar-6.8%
Apr+4.6%
May+6.9%
Jun+3.6%
Jul-10.7%
Aug-5.9%
Sep+7.4%
Oct-3.8%
Nov+12.6%
Dec+8.1%

2016

Jan-12.6%
Feb+11.5%
Mar+7.0%
Apr-0.4%
May-4.8%
Jun-7.5%
Jul-5.6%
Aug-0.1%
Sep+5.4%
Oct+3.0%
Nov+16.4%
Dec+7.2%

2015

Jan+6.7%
Feb-4.3%
Mar+2.6%
Apr-8.4%
May-8.7%
Jun-10.5%
Jul+9.4%
Aug+1.6%
Sep+3.7%
Oct+21.7%
Nov-0.9%
Dec-6.0%

2014

Jan+11.2%
Feb+7.1%
Mar+5.4%
Apr+2.4%
May+9.4%
Jun+1.8%
Jul+5.3%
Aug+13.4%
Sep+5.5%
Oct+2.1%
Nov+21.3%
Dec+1.3%

2013

Jan+9.5%
Feb+4.4%
Mar+15.2%
Apr+1.6%
May+3.5%
Jun-8.7%
Jul+7.2%
Aug-7.0%
Sep+13.6%
Oct+18.3%
Nov+7.9%
Dec+1.5%

2012

Jan+11.8%
Feb-6.1%
Mar-8.3%
Apr+0.4%
May+9.1%
Jun+2.3%
Jul-0.4%
Aug-2.6%
Sep-1.9%
Oct+0.5%
Nov+8.1%
Dec+7.5%

2011

Jan-8.7%
Feb-0.2%
Mar+6.8%
Apr-7.0%
May+0.7%
Jun-3.3%
Jul-12.8%
Aug-13.3%
Sep-6.7%
Oct+6.4%
Nov-2.0%
Dec+2.4%

2010

Jan-0.8%
Feb+11.0%
Mar+5.1%
Apr-0.4%
May-5.6%
Jun-10.7%
Jul+8.5%
Aug-8.2%
Sep+18.2%
Oct+5.3%
Nov-3.1%
Dec-2.5%

2009

Jan-18.3%
Feb-16.1%
Mar+7.3%
Apr+10.4%
May-3.5%
Jun+0.0%
Jul+16.7%
Aug+4.2%
Sep+17.4%
Oct-12.5%
Nov+9.6%
Dec+24.2%

2008

Jan-3.9%
Feb+4.7%
Mar+1.1%
Apr+6.8%
May-1.4%
Jun-0.1%
Jul+19.6%
Aug-2.3%
Sep-4.8%
Oct-18.8%
Nov-26.5%
Dec-0.4%

2007

Jan-1.4%
Feb+0.1%
Mar-2.7%
Apr-2.4%
May-0.3%
Jun+4.3%
Jul+5.0%
Aug-3.5%
Sep-2.1%
Oct-4.0%
Nov-0.4%
Dec-13.8%

2006

Jan+0.2%
Feb+1.9%
Mar+7.3%
Apr-9.8%
May-0.8%
Jun+1.8%
Jul+9.9%
Aug-3.7%
Sep-3.8%
Oct-9.8%
Nov+4.5%
Dec-2.5%

2005

Jan-11.0%
Feb-4.4%
Mar+2.8%
Apr+4.5%
May-2.3%
Jun-4.2%
Jul+1.9%
Aug-6.1%
Sep+11.5%
Oct+7.8%
Nov+3.0%
Dec-0.4%

2004

Jan-7.4%
Feb-7.6%
Mar+3.0%
Apr+0.5%
May+8.6%
Jun+8.2%
Jul-13.7%
Aug+2.4%
Sep-8.1%
Oct+15.8%
Nov-0.2%
Dec+3.5%

2003

Jan-6.1%
Feb-7.6%
Mar+19.1%
Apr+11.1%
May+0.7%
Jun+7.0%
Jul-4.6%
Aug+4.2%
Sep+3.5%
Oct+9.6%
Nov-7.3%
Dec-10.2%

2002

Jan+2.5%
Feb+11.4%
Mar-8.3%
Apr-5.9%
May-6.5%
Jun-5.1%
Jul-14.5%
Aug+2.9%
Sep-8.0%
Oct+11.7%
Nov+14.4%
Dec-16.7%

2001

Jan-6.5%
Feb-11.0%
Mar-4.6%
Apr+2.6%
May+9.8%
Jun-7.5%
Jul+8.2%
Aug-10.6%
Sep-17.1%
Oct+7.2%
Nov+18.0%
Dec-1.4%

2000

Jan-1.2%
Feb+15.7%
Mar+13.0%
Apr+4.2%
May-11.5%
Jun-1.3%
Jul+24.8%
Aug-4.3%
Sep+7.3%
Oct+17.5%
Nov+10.7%
Dec+6.2%

1999

Jan+18.8%
Feb+11.8%
Mar+0.4%
Apr+7.7%
May-1.5%
Jun-3.0%
Jul-10.8%
Aug-9.7%
Sep-9.0%
Oct+10.6%
Nov-3.0%
Dec-1.1%

1998

Jan+5.8%
Feb+10.1%
Mar+3.1%
Apr-7.3%
May-2.6%
Jun+10.7%
Jul+11.3%
Aug-18.9%
Sep+13.7%
Oct+4.3%
Nov+2.6%
Dec+4.5%

1997

Jan+0.0%
Feb+6.5%
Mar-5.9%
Apr+24.4%
May-6.3%
Jun+0.5%
Jul+12.0%
Aug-3.3%
Sep+14.3%
Oct+1.9%
Nov+12.5%
Dec+0.8%

1996

Jan+14.4%
Feb+17.1%
Mar-3.1%
Apr+0.0%
May-8.0%
Jun+6.1%
Jul-14.8%
Aug-8.2%
Sep+0.8%
Oct-1.8%
Nov+10.7%
Dec-11.3%

1995

Jan+15.8%
Feb-9.0%
Mar+1.4%
Apr+29.6%
May-4.2%
Jun+7.9%
Jul+20.4%
Aug-10.0%
Sep-3.0%
Oct-20.3%
Nov+25.2%
Dec-8.2%

1994

Jan-0.3%
Feb-8.4%
Mar-3.9%
Apr-4.8%
May-10.6%
Jun-5.8%
Jul+3.2%
Aug-2.4%
Sep-15.0%
Oct+5.1%
Nov-10.7%
Dec-20.6%

1993

Jan+0.6%
Feb+15.0%
Mar+10.9%
Apr-2.2%
May+11.8%
Jun+5.9%
Jul+13.3%
Aug+6.8%
Sep-1.7%
Oct-10.1%
Nov+11.6%
Dec+7.6%

1992

Jan-4.3%
Feb+20.0%
Mar-4.2%
Apr+4.8%
May+9.2%
Jun-0.4%
Jul+3.8%
Aug-4.1%
Sep+10.2%
Oct+7.7%
Nov+5.7%
Dec+10.2%

1991

Jan+35.5%
Feb+12.3%
Mar+5.5%
Apr-15.6%
May+8.5%
Jun+1.4%
Jul+4.2%
Aug-10.7%
Sep+0.0%
Oct+16.5%
Nov+2.6%
Dec+18.2%

1990

Jan-14.3%
Feb+8.5%
Mar+6.6%
Apr+1.0%
May+7.6%
Jun+0.1%
Jul+8.5%
Aug-11.1%
Sep-16.8%
Oct+21.5%
Nov+4.7%
Dec+0.0%

1989

Jan+17.0%
Feb-1.0%
Mar+10.8%
Apr+7.3%
May-7.6%
Jun+6.3%
Jul+3.8%
Aug+1.9%
Sep-7.7%
Oct-14.5%
Nov-0.5%
Dec+5.7%

1988

Jan+12.1%
Feb+14.2%
Mar+0.2%
Apr-8.8%
May+9.6%
Jun+11.1%
Jul-2.6%
Aug-14.9%
Sep+8.2%
Oct+14.0%
Nov-1.1%
Dec+5.9%

1987

Jan+9.1%
Feb+7.3%
Mar-12.4%
Apr-10.1%
May+2.6%
Jun+4.0%
Jul+8.6%
Aug-5.1%
Sep-4.6%
Oct-22.0%
Nov-9.5%
Dec-4.5%

1986

Jan-11.0%
Feb-5.4%
Mar-4.8%
Apr-6.4%
May+8.1%
Jun-3.9%
Jul-4.2%
Aug+10.0%
Sep+6.8%
Oct+0.0%
Nov-4.0%
Dec-8.3%

1985

Jan+14.9%
Feb-1.8%
Mar-0.8%
Apr-10.1%
May+12.2%
Jun+12.1%
Jul+2.7%
Aug-2.6%
Sep-16.3%
Oct+4.9%
Nov+18.1%
Dec-6.5%

1984

Jan-6.7%
Feb-19.4%
Mar+14.2%
Apr+2.9%
May-10.6%
Jun-0.4%
Jul-18.2%
Aug+9.4%
Sep+4.8%
Oct+2.5%
Nov-0.5%
Dec+8.6%

1983

Jan+12.3%
Feb+5.7%
Mar-0.8%
Apr+9.1%
May+5.6%
Jun+9.9%
Jul-0.9%
Aug-9.1%
Sep+1.0%
Oct-14.7%
Nov+2.9%
Dec+7.2%

1982

Jan+10.0%
Feb+2.4%
Mar+11.0%
Apr+0.0%
May-4.2%
Jun+18.4%
Jul-3.7%
Aug+19.7%
Sep+0.2%
Oct+5.3%
Nov+14.3%
Dec-5.8%

1981

Jan+11.5%
Feb+2.2%
Mar+19.7%
Apr+5.1%
May+17.0%
Jun-11.5%
Jul-26.8%
Aug-10.9%
Sep-5.9%
Oct+4.9%
Nov+16.7%
Dec-9.4%

1980

Jan
Feb-7.7%
Mar+1.1%
Apr-3.8%
May+28.0%
Jun+24.8%
Jul+34.3%
Aug+4.7%
Sep-6.9%
Oct+15.4%
Nov+11.9%
Dec+7.5%

Avg

Jan+3.1%
Feb+2.6%
Mar+1.3%
Apr-0.1%
May+1.8%
Jun+1.5%
Jul+1.9%
Aug-1.7%
Sep-0.2%
Oct+1.9%
Nov+5.8%
Dec+0.2%

Median

Jan+2.2%
Feb+2.2%
Mar+1.4%
Apr+0.4%
May-0.3%
Jun+0.9%
Jul+3.0%
Aug-3.0%
Sep+0.1%
Oct+4.1%
Nov+5.8%
Dec+0.3%

Last 5Y Avg

Jan+4.2%
Feb+2.2%
Mar-5.4%
Apr-6.4%
May+6.6%
Jun-1.6%
Jul-3.1%
Aug+0.2%
Sep-5.2%
Oct-2.0%
Nov+7.9%
Dec+3.6%

Std Dev (σ)

Jan11.0%
Feb10.5%
Mar9.2%
Apr9.0%
May8.7%
Jun9.0%
Jul11.9%
Aug8.6%
Sep9.2%
Oct11.9%
Nov9.8%
Dec9.6%

Consistency (μ/σ)

Jan0.28
Feb0.25
Mar0.14
Apr-0.02
May0.21
Jun0.17
Jul0.16
Aug-0.20
Sep-0.02
Oct0.16
Nov0.59
Dec0.02

Win Rate (%)

Jan57%
Feb57%
Mar60%
Apr51%
May49%
Jun54%
Jul57%
Aug37%
Sep50%
Oct65%
Nov67%
Dec50%

Winning / Losing Months

Jan2620
Feb2720
Mar2819
Apr2423
May2324
Jun2521
Jul2620
Aug1729
Sep2323
Oct3016
Nov3115
Dec2323

Longest Win / Loss Streak

Jan45
Feb53
Mar44
Apr34
May47
Jun54
Jul74
Aug38
Sep73
Oct94
Nov54
Dec44

Best

Jan+35.5%1991
Feb+32.3%2021
Mar+19.7%1981
Apr+29.6%1995
May+28.0%1980
Jun+24.8%1980
Jul+34.3%1980
Aug+21.7%2020
Sep+18.2%2010
Oct+21.7%2015
Nov+25.2%1995
Dec+24.2%2009

Worst

Jan-18.3%2009
Feb-19.4%1984
Mar-23.4%2026
Apr-16.7%2025
May-12.2%2019
Jun-21.2%2022
Jul-26.8%1981
Aug-18.9%1998
Sep-17.1%2001
Oct-22.0%1987
Nov-26.5%2008
Dec-20.6%1994
−26.8%+35.5%

Frequently asked questions

Data & methodology