Southwest Airlines Co. Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	20,232	18,331	17,160	14,820	17,205	21,822
Market Cap Growth	18.43%	6.83%	15.79%	-13.86%	-21.16%	-7.83%
Enterprise Value	22,604	20,150	14,902	12,660	14,514	18,454
PE Ratio	53.87	52.32	44.24	38.00	38.70	26.61
Forward PE	11.28	15.58	21.53	27.85	11.30	41.58
PEG Ratio	-	0.29	3.58	0.84	0.26	12.06
PS Ratio	0.85	0.76	0.73	0.66	0.84	1.61
PB Ratio	2.98	2.67	1.93	1.64	1.87	2.44
P/TBV Ratio	2.87	2.89	2.09	1.76	2.02	2.51
P/FCF Ratio	-	-25.64	-12.53	-48.39	-149.25	13.96
P/OCF Ratio	12.90	11.57	43.18	5.44	5.28	10.92
EV/Sales Ratio	0.93	0.83	0.63	0.56	0.71	1.36
EV/EBITDA Ratio	6.17	11.78	8.76	8.43	7.12	7.17
EV/EBIT Ratio	54.83	54.73	53.96	65.70	16.59	12.46
EV/FCF Ratio	-31.94	-28.19	-10.88	-41.34	-125.91	11.81
Debt / Equity Ratio	0.67	0.67	0.59	0.85	0.86	1.11
Debt / EBITDA Ratio	3.01	3.01	4.07	5.27	3.98	4.10
Debt / FCF Ratio	-7.20	-7.20	-5.06	-25.84	-70.38	6.76
Net Debt / Equity Ratio	0.35	0.35	-0.06	-0.22	-0.27	-0.31
Net Debt / EBITDA Ratio	1.38	1.38	-0.34	-1.30	-1.21	-1.08
Net Debt / FCF Ratio	-3.31	-3.31	0.42	6.39	21.35	-1.77
Asset Turnover	0.89	0.89	0.78	0.73	0.66	0.45
Inventory Turnover	10.98	10.98	11.36	11.51	12.56	11.82
Quick Ratio	0.40	0.40	0.80	1.03	1.28	1.84
Current Ratio	0.52	0.52	0.92	1.14	1.43	1.97
Return on Equity (ROE)	4.81%	4.81%	4.46%	4.39%	5.11%	10.13%
Return on Assets (ROA)	1.07%	1.07%	0.71%	0.46%	2.10%	3.58%
Return on Invested Capital (ROIC)	1.58%	1.58%	1.23%	0.85%	4.08%	7.06%
Return on Capital Employed (ROCE)	2.16%	2.16%	1.40%	0.91%	3.90%	6.35%
Earnings Yield	1.86%	1.91%	2.26%	2.63%	2.58%	3.76%
FCF Yield	-3.50%	-3.90%	-7.98%	-2.07%	-0.67%	7.16%
Dividend Yield	0.75%	1.79%	2.14%	2.49%	0.00%	0.00%
Payout Ratio	90.48%	90.48%	92.47%	92.04%	0.00%	0.00%
Buyback Yield / Dilution	11.69%	11.69%	0.95%	-0.28%	-0.23%	-0.20%
Total Shareholder Return	12.44%	13.48%	3.09%	2.21%	-0.23%	-0.20%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.