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EBITDA at other companies

Delta Air Lines logo
Delta Air LinesDAL
$2.52B-7.1%
United Airlines Holdings logo
United Airlines HoldingsUAL
$1.75B+30.7%
Alaska Air Group logo
Alaska Air GroupALK
-$75M-2,400%
JetBlue Airways logo
JetBlue AirwaysJBLU
$42M-76.3%
ALG
Allegiant TravelALGT
$139.03M+8.4%
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
-$41M+24.1%

Other financials

Income statement

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Revenue$8.4B+16.4%
Operating income$285.0M+26.7%
Net income$233.0M+9.4%
EPS (diluted)$0.47+20.5%

Balance sheet

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Cash & equivalents$3.8B+9.1%
Total debt$6.9B+29.0%
Total equity$7.1B-11.5%
Total assets$30.1B+4.9%

Cash flow

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Operating cash flow$530.0M+32.2%
CapEx$818.0M+23.9%
Free cash flow-$288.0M-11.2%

Valuation

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Market cap$22B+40.8%
Enterprise value$25.1B+43.5%
P/E26.3×-13.6×
P/S0.7×+0.2×

Profitability

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Operating margin3.5%+2.3pp
Net margin2.8%+1.4pp
FCF margin-1.5%+0.5pp

Returns & leverage

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Return on equity11.1%+6.9pp
Debt / equity+0.3×
Current ratio0.5×-0.1×

Where this comes from

Calculated from Southwest Airlines’s reported figures.

$285.0Mebit+
$402.0MDepreciation Depletion & Amortization
=$687M

The source filing: Southwest Airlines’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000092380-26-000077

FAQ

What is Southwest Airlines's EBITDA?
Southwest Airlines (LUV) reported EBITDA of $687M in Q2 2026.
How has Southwest Airlines's EBITDA changed year-over-year?
Southwest Airlines's EBITDA increased by 9.9% year-over-year, from $625M to $687M.
What is the long-term trend for Southwest Airlines's EBITDA?
Over 2 years (2021 to 2025), Southwest Airlines's EBITDA has grown at a -18.5% compound annual growth rate (CAGR), from $2.99B to $1.99B.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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