Southwest Airlines Co. Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 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 Capitalization	21,652	21,374	20,163	17,216	19,992	25,358
Market Cap Growth	33.12%	6.00%	17.12%	-13.88%	-21.16%	-7.83%
Enterprise Value	24,750	23,614	19,876	14,756	16,431	22,171
Last Close Price	44.26	40.97	32.62	27.38	31.06	39.51
PE Ratio	27.72	48.47	43.36	37.02	37.09	25.96
Forward PE	10.27	15.58	21.53	27.85	11.30	41.58
PS Ratio	0.72	0.76	0.73	0.66	0.84	1.61
PB Ratio	3.06	2.68	1.95	1.64	1.87	2.44
P/TBV Ratio	3.72	3.18	2.22	1.86	2.12	2.77
P/FCF Ratio	-	-	-	-	-	14.00
P/OCF Ratio	8.57	11.60	43.64	5.44	5.28	10.92
PEG Ratio	0.12	0.29	3.58	0.84	0.26	12.06
EV/Sales Ratio	0.82	0.84	0.72	0.57	0.69	1.40
EV/EBITDA Ratio	10.59	13.73	11.90	9.85	7.72	-
EV/EBIT Ratio	22.69	49.40	69.74	66.47	16.27	-
EV/FCF Ratio	-	-	-	-	-	12.24
Debt / Equity Ratio	0.97	0.75	0.78	0.88	0.88	1.18
Debt / EBITDA Ratio	1.39	1.41	2.07	2.62	2.45	7.57
Debt / FCF Ratio	-	-	-	-	-	6.78
Net Debt / Equity Ratio	0.44	0.35	-0.06	-0.22	-0.27	-0.31
Net Debt / EBITDA Ratio	1.33	1.60	-0.40	-1.52	-1.34	45.99
Net Debt / FCF Ratio	-7.63	-3.31	0.42	6.39	18.34	-1.78
Asset Turnover	1.02	0.89	0.78	0.73	0.66	0.45
Inventory Turnover	27.62	27.78	26.91	25.72	26.99	28.30
Quick Ratio	0.38	0.40	0.80	1.03	1.28	1.84
Current Ratio	0.49	0.52	0.92	1.14	1.43	1.97
Return on Equity (ROE)	11.10%	4.81%	4.46%	4.39%	5.11%	10.13%
Return on Assets (ROA)	2.32%	0.95%	0.51%	0.39%	1.76%	-1.99%
Return on Invested Capital (ROIC)	8.51%	3.67%	2.47%	2.03%	9.96%	-11.14%
Return on Capital Employed (ROCE)	6.50%	2.60%	1.30%	0.90%	4.00%	-4.20%
Earnings Yield	3.87%	2.06%	2.31%	2.70%	2.70%	3.85%
FCF Yield	-1.88%	-3.89%	-7.90%	-2.07%	-0.78%	7.14%
Dividend Yield	1.63%	1.76%	2.21%	2.63%	0.58%	-
Payout Ratio	45.10%	90.48%	92.47%	92.04%	-	-
Buyback Yield / Dilution	13.01%	13.22%	-0.47%	0.31%	-5.42%	-7.79%
Total Shareholder Return	14.63%	14.98%	1.74%	2.94%	-4.84%	-7.79%

SEC Filings: 10-K · 10-Q