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Southwest Airlines Co. (LUV)
NYSE: LUV · Real-Time Price · USD
46.31
+0.93 (2.05%)
At close: Jul 28, 2026, 4:00 PM EDT
46.19
-0.12 (-0.26%)
After-hours: Jul 28, 2026, 7:59 PM EDT

Southwest Airlines Co. Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jul '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Market Cap
22,65525,13318,45921,30916,75918,48619,90219,94717,74817,13717,48517,22716,10721,54519,36120,00018,28821,41927,15925,366
Market Cap Growth (YoY)
29.89%35.95%-7.25%6.83%-5.58%7.87%13.82%15.79%10.19%-20.46%-9.69%-13.86%-11.93%0.59%-28.71%-21.16%-39.93%-31.96%-24.99%-7.83%
Enterprise Value
25,73928,23121,52724,05918,99919,98819,64519,28017,46116,24416,13414,95313,64718,69417,06317,13914,72716,98923,66022,143
Last Close Price
46.3151.4237.5741.3331.9132.4433.5833.6229.6328.6129.1928.8827.0736.2132.5433.6730.8436.1245.8042.84

Price Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jul '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
28.4331.5524.2452.3249.0949.1539.5144.24-357.6350.3338.0036.0941.1532.5438.7024.0923.0148.7226.61
Forward PE
10.4816.889.8415.5817.7921.2618.8721.5343.6623.2118.7727.8513.5911.2411.9211.3012.7310.8537.3641.58
PEG Ratio
0.130.210.120.290.320.450.503.5813.730.900.720.840.290.190.230.260.300.130.4612.06
PS Ratio
0.750.840.640.760.610.670.720.730.650.630.650.660.630.860.780.840.811.011.471.61
PB Ratio
3.133.552.682.672.162.312.131.931.701.641.711.641.462.001.881.871.671.932.612.44
P/TBV Ratio
3.874.153.203.072.472.502.342.301.891.941.891.801.722.362.072.061.982.262.872.74
P/FCF Ratio
----------------25.7925.5914.8613.96
P/OCF Ratio
8.969.937.6911.578.289.9913.9643.1843.1818.757.435.444.867.345.655.285.298.099.8810.92

EV Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jul '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
EV/Sales Ratio
0.860.940.750.860.690.730.710.700.640.600.600.570.540.740.690.720.650.801.281.40
EV/EBITDA Ratio
9.8810.838.4612.109.9410.209.209.7513.3912.319.608.567.959.567.507.245.075.268.917.40
EV/EBIT Ratio
24.7227.1221.9456.2160.3162.8640.0160.06--140.2966.7656.1635.8819.3016.859.228.7817.2612.87
EV/FCF Ratio
----------------20.7720.3012.9412.19

Financial Efficiency

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jul '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Debt / Equity Ratio
0.630.630.760.670.630.620.540.590.570.570.880.850.820.840.880.860.870.911.111.11
Debt / EBITDA Ratio
2.6410.038.797.8512.268.5546.2111.7619.1111.36610.73836.3618.858.03115.75-13.858.0970.7623.71
Debt / FCF Ratio
--8.12---24.01503.63-----19.00---13.0621.82183.30
Net Debt / Equity Ratio
0.440.440.450.350.290.19-0.03-0.06-0.03-0.08-0.13-0.22-0.22-0.26-0.22-0.27-0.33-0.40-0.34-0.31
Net Debt / EBITDA Ratio
1.194.514.213.615.222.40-1.49-0.97-0.60-1.11-90.07-206.73-5.00-2.45-28.37158.94-4.88-2.99-20.23-6.22
Net Debt / FCF Ratio
-6.81-10.763.89-4.88-5.73-5.80-0.77-41.690.711.731.978.0410.89-5.816.763.684.25-4.82-6.24-48.10
Asset Turnover
0.290.290.230.240.220.230.190.200.190.200.180.190.180.190.160.170.170.180.130.14
Inventory Turnover
11.453.722.702.772.792.862.582.572.863.283.043.162.982.913.233.313.653.682.923.41
Quick Ratio
0.380.380.370.400.380.450.670.800.780.800.971.031.091.141.141.281.441.521.731.84
Current Ratio
0.490.490.480.520.490.560.770.920.880.901.091.141.211.251.261.431.581.661.871.97
Return on Equity (ROE)
3.09%3.09%2.80%3.52%0.59%2.31%-1.52%2.50%0.62%3.45%-2.25%-2.38%1.76%6.23%-1.53%-2.09%2.62%7.30%-2.85%0.71%
Return on Assets (ROA)
0.74%0.74%0.84%0.99%0.09%0.53%-0.50%0.63%0.08%0.85%-0.85%-0.99%0.26%1.64%-0.61%-0.83%0.85%2.22%-0.31%0.49%
Return on Invested Capital (ROIC)
2.16%2.16%2.53%2.98%0.29%1.84%-1.84%2.23%0.29%3.32%-3.57%-4.23%1.15%7.69%-2.78%-3.91%4.41%12.48%-1.58%2.42%
Return on Capital Employed (ROCE)
1.64%1.64%1.82%1.97%0.18%1.15%-1.03%1.22%0.16%1.72%-1.64%-1.64%0.46%3.09%-1.10%-1.48%1.48%4.43%-0.55%0.72%

Yields

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jul '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Earnings Yield
3.70%3.17%4.13%1.91%2.04%2.03%2.53%2.26%-0.28%1.99%2.63%2.77%2.43%3.07%2.58%4.15%4.35%2.05%3.76%
FCF Yield
----------------3.88%3.91%6.73%7.16%
Dividend Yield
1.55%0.35%0.50%0.00%1.13%0.59%0.55%-0.00%1.22%0.00%1.23%0.00%1.33%0.00%1.11%-2.04%0.00%0.00%0.00%0.00%
Payout Ratio
45.10%37.77%40.97%0.00%350.00%48.36%-71.81%-0.38%322.39%0.00%-93.07%0.00%110.88%0.00%-134.59%185.91%0.00%0.00%0.00%0.00%
Buyback Yield / Dilution
13.01%8.87%13.87%18.72%12.48%15.86%2.18%-7.55%6.09%-0.63%-0.51%-0.34%-0.16%-0.63%-0.34%1.49%-5.27%-3.25%2.79%-2.20%
Total Shareholder Return
14.56%9.22%14.37%18.72%13.61%16.45%2.72%-7.56%7.31%-0.63%0.73%-0.34%1.17%-0.63%0.77%-0.55%-5.27%-3.25%2.79%-2.20%
SEC Filings: 10-K · 10-Q