Southwest Airlines Co. (LUV)

Price$40.63

Favorite Metrics

Price vs S&P 500 (26W)24.52%

Price vs S&P 500 (4W)-2.06%

Market Capitalization$20.04B

P/E Ratio (Annual)45.44x

Indicated Dividend Yield (Annual)1.73%

All Metrics

P/CF (Annual)10.88x

Book Value / Share (Quarterly)$15.48

P/TBV (Annual)2.78x

Indicated Dividend (Annual)$0.72

Revenue Growth (3Y)5.63%

Cash Flow / Share (Quarterly)$-1.61

Payout Ratio (TTM)55.49%

Price vs S&P 500 (YTD)-1.75%

Gross Margin (TTM)73.57%

Net Profit Margin (TTM)1.57%

EPS (TTM)$0.80

10-Day Avg Trading Volume7.41M

EPS Excl Extra (TTM)$0.80

Revenue Growth (5Y)25.41%

EPS (Annual)$0.79

Dividend / Share (Annual)$0.72

ROI (Annual)3.42%

Gross Margin (Annual)73.57%

Net Profit Margin (5Y Avg)2.70%

Cash / Share (Quarterly)$6.27

P/E Basic Excl Extra (TTM)45.44x

Revenue Growth QoQ (YoY)7.37%

P/E Normalized (Annual)45.44x

ROA (Last FY)1.52%

Revenue Growth TTM (YoY)2.11%

EBITD / Share (TTM)$3.54

ROE (5Y Avg)5.77%

Operating Margin (TTM)1.53%

Cash Flow / Share (Annual)$-1.61

P/B Ratio2.51x

P/B Ratio (Quarterly)2.68x

Net Income / Employee (Annual)$0

EV / Revenue (TTM)0.77x

Net Interest Coverage (TTM)9.27x

ROA (TTM)1.48%

EPS Growth QoQ (YoY)37.45%

EV / EBITDA (TTM)10.99x

EPS Incl Extra (Annual)$0.79

Current Ratio (Annual)0.52x

Quick Ratio (Quarterly)0.40x

3-Month Avg Trading Volume10.17M

52-Week Price Return63.15%

P/E Incl Extra (TTM)45.44x

Revenue / Employee (TTM)$0

Tangible BV / Share (Quarterly)$14.91

P/S Ratio (Annual)0.71x

Asset Turnover (Annual)0.97x

52-Week High$55.11

Operating Margin (5Y Avg)3.55%

EPS Excl Extra (Annual)$0.79

CapEx CAGR (5Y)39.01%

Tangible BV CAGR (5Y)-2.18%

26-Week Price Return28.51%

Quick Ratio (Annual)0.40x

13-Week Price Return-4.90%

Total Debt / Equity (Annual)0.61x

Current Ratio (Quarterly)0.52x

Enterprise Value$21,710.8

Revenue / Share Growth (5Y)25.72%

Asset Turnover (TTM)0.94x

Book Value / Share Growth (5Y)0.57%

Revenue / Employee (Annual)$0

Inventory Turnover (Annual)9.42x

Pretax Margin (Annual)2.01%

Cash / Share (Annual)$6.27

3-Month Return Std Dev58.81%

Gross Margin (5Y Avg)70.60%

Net Income / Employee (TTM)$0

ROE (Last FY)5.53%

Net Interest Coverage (Annual)5.24x

EPS Basic Excl Extra (Annual)$0.79

P/FCF (TTM)53.44x

Receivables Turnover (TTM)38.52x

Total Debt / Equity (Quarterly)0.61x

EPS Incl Extra (TTM)$0.80

Receivables Turnover (Annual)38.52x

ROI (TTM)3.33%

Dividend Growth Rate (5Y)16.25%

P/S Ratio (TTM)0.71x

Pretax Margin (5Y Avg)3.61%

Revenue / Share (Annual)$50.29

Tangible BV / Share (Annual)$14.91

Forward P/E14.09x

Price vs S&P 500 (52W)33.32%

P/E Ratio (TTM)45.44x

EPS Growth TTM (YoY)13.96%

Year-to-Date Return0.90%

5-Day Price Return3.71%

EPS Normalized (Annual)$0.79

ROA (5Y Avg)1.68%

Net Profit Margin (Annual)1.57%

Month-to-Date Return10.99%

Cash Flow / Share (TTM)$3.20

EBITD / Share (Annual)$3.57

EPS Growth (3Y)-2.00%

Operating Margin (Annual)1.53%

LT Debt / Equity (Annual)0.57x

P/CF (TTM)10.88x

ROI (5Y Avg)3.23%

P/E Excl Extra (TTM)45.44x

LT Debt / Equity (Quarterly)0.57x

EPS Basic Excl Extra (TTM)$0.80

P/TBV (Quarterly)2.78x

Payout Ratio (Annual)90.48%

P/B Ratio (Annual)2.68x

Dividend / Share (TTM)$0.72

Inventory Turnover (TTM)9.42x

Pretax Margin (TTM)2.01%

Book Value / Share (Annual)$15.48

Price vs S&P 500 (13W)-5.59%

Dividend Yield (TTM)1.99%

Beta1.22x

P/FCF (Annual)11.07x

Revenue / Share (TTM)$48.47

ROE (TTM)5.33%

52-Week Low$23.82

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

3.20

3.30

3.37

Industry Peers — Air Transportation(14)

Symbol	P/E Ratio (Annual)	ROE (TTM)	Revenue Growth (5Y)	Indicated Dividend Yield (Annual)	Price
LUVSouthwest Airlines Co.	45.44x	5.33%	25.41%	1.73%	$40.63
LTMLATAM Airlines Group S.A. American Depositary Shares (each representing two thousand (2,000) shares of Common Stock)	10.04x	135.39%	29.45%	0.00%	$52.97
DALDelta Air Lines, Inc.	9.24x	23.14%	29.96%	1.04%	$69.89
RYAAYRyanair Holdings plc American Depositary Shares	16.75x	27.85%	10.43%	—	$57.38
UALUnited Airlines Holdings, Inc. Common Stock	9.09x	24.13%	30.93%	—	$95.03
VLRSCONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.	7.85x	-39.13%	20.13%	—	$7.70
AALAmerican Airlines Group Inc.	73.47x	265.62%	25.80%	—	$12.27
CPACopa Holdings, S.A.	7.32x	25.62%	35.20%	5.67%	$118.41
ALKAlaska Air Group, Inc.	46.88x	2.47%	31.90%	—	$41.15
SKYWSkywest Inc	9.10x	16.35%	13.79%	—	$94.78
AEROGrupo Aeromexico, S.A.B. de C.V. American Depositary Shares (each representing ten (10) Common Shares)	3.74x	-62.18%	-39.40%	—	$15.43

About

Southwest Airlines operates the largest U.S. domestic airline by passengers boarded, with a fleet of nearly 800 Boeing 737 aircraft focused on point-to-point, short-haul leisure routes. The company is modernizing its business model in early 2026 by introducing premium cabin seating, assigned seats, and basic economy fares—changes designed to boost ancillary revenue and expand distribution through online travel booking platforms.