Southwest Airlines Co. Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 13, 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	102,334	113,223	105,987	91,535	106,268	134,782
Market Cap Growth	1.49%	6.83%	15.79%	-13.86%	-21.16%	-7.83%
Enterprise Value	116,868	124,456	92,040	78,194	89,648	113,980
PE Ratio	42.13	52.32	44.24	38.00	38.70	26.61
Forward PE	9.49	15.58	21.53	27.85	11.30	41.58
PEG Ratio	-	0.29	3.58	0.84	0.26	12.06
PS Ratio	0.66	0.76	0.73	0.66	0.84	1.61
PB Ratio	2.33	2.67	1.93	1.64	1.87	2.44
P/TBV Ratio	14.55	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	10.09	11.57	43.18	5.44	5.28	10.92
EV/Sales Ratio	0.79	0.83	0.63	0.56	0.71	1.36
EV/EBITDA Ratio	5.21	11.78	8.76	8.43	7.12	7.17
EV/EBIT Ratio	46.26	54.73	53.96	65.70	16.59	12.46
EV/FCF Ratio	-25.53	-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	2.37%	1.91%	2.26%	2.63%	2.58%	3.76%
FCF Yield	-4.47%	-3.90%	-7.98%	-2.07%	-0.67%	7.16%
Dividend Yield	1.26%	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	12.95%	13.48%	3.09%	2.21%	-0.23%	-0.20%

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