Southwest Airlines LUV Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 5.6%— | —— | —— | —— | |
| Net margin | 6.4%— | —— | —— | 27%+73.0pp | |
| Returns | |||||
| Return on equity | 18.8%— | —— | —— | 55.1%+82.6pp | |
| Return on invested capital | 11.2%— | —— | —— | —— | |
| Efficiency | |||||
| Asset turnover | 3.4×+0.4× | 3×+0.3× | 2.8×+0.4× | 2.3×+1.1× | |
| Liquidity | |||||
| Current ratio | 2.3×-1.5× | 3.8×-1.1× | 4.9×-1.7× | 6.5×-1.0× | |
| Leverage | |||||
| Debt-to-equity | 3×-0.6× | 3.6×+0.1× | 3.5×-0.6× | 4.1×-1.2× | |
| Net debt / EBITDA | 3.7×— | —— | —— | —— | |
| Valuation | |||||
| Market capitalization | $76.19B+5.1% | $72.48B-2.4% | $74.29B-14.5% | $86.84B-29.6% | |
| Price / earnings | 175.5×— | —— | —— | 77×— | |
| Price / sales | 2.8×+0.1× | 2.7×-0.3× | 2.9×-1.2× | 4.1×-8.3× | |
| Price / book | 9.2×+2.2× | 7×0.0× | 7×-1.1× | 8.1×-4.5× | |
| EV / EBITDA | 41.8×— | —— | —— | —— | |
| Dividend yield | 8.2%-1.3pp | 9.5%+2.3pp | 7.2%— | 0%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Southwest Airlines's ratios come from?
- Every ratio is computed from Southwest Airlines's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
