Is Southwest Airlines Stock Outperforming the S&P 500?

With a market cap of $20.5 billion, Southwest Airlines Co. (LUV) operates as a passenger airline company that provides scheduled air transportation services in the United States and international markets. Founded in 1967, the Dallas, Texas-based company operates a total fleet of 803 Boeing 737 aircrafts in 117 destinations in 42 states.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and LUV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the airline sector.