Saturday 17 October 2026 Export LUV’s income statement to Excel — free account

Southwest Airlines Co.

Southwest Airlines Co.’s revenue for fiscal 2025 (year ended December 2025) was $28.1 billion, up 2.11% from fiscal 2024. In the quarter to June 2026, revenue grew 16.4%, EPS grew 20.0%, free cash flow grew 86.8% and total debt rose 44.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five.

39.49 1.34 −3.28%

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Market cap: $20.0B
P/E: 23.8×
Fwd P/E: 15.0×
Dividend yield: 1.82%
F-score: 7/9
Altman Z: 2.22
Beneish M: −2.66
Dividend safety: 24/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Jun '26	Mar '26	Dec '25	Sep '25	Older periods
P/E ratio Full definition →	30.98	23.78	47.51	46.93	+8 more quarters Free account
P/S ratio Full definition →	0.84	0.65	0.80	0.61
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00
P/Operating CF Full definition →	47.53	13.19	75.65	58.35
P/B ratio Full definition →	3.55	2.72	2.80	2.15
Price to Tangible BV Full definition →	4.11	3.17	3.18	2.45
EV/Sales Full definition →	0.91	0.72	0.85	0.65
EV/EBITDA Full definition →	10.48	8.17	12.07	9.30
EV/Operating CF Full definition →	10.80	8.65	13.02	8.79
EV/FCF Full definition →	(3,899.91)	(98.90)	(28.87)	(70.81)
Quick Ratio Full definition →	0.38	0.37	0.40	0.38
Current Ratio Full definition →	0.49	0.48	0.52	0.49
Net Debt/EBITDA Full definition →	3.14	2.83	2.19	2.53
Debt/Assets Full definition →	19.74%	18.35%	16.86%	14.49%
Debt/Equity Full definition →	0.84	0.78	0.61	0.53
Asset Turnover Full definition →	1.02	0.92	0.89	0.87
Operating CF/Net income Full definition →	2.27	6.25	0.91	5.30
Capex/Depreciation Full definition →	(1.39)	(1.10)	(2.32)	(1.72)
Interest Coverage Full definition →	4.45	6.11	8.32	1.00
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Intangible Assets out of Total Assets Full definition →	0.03	0.03	0.03	0.03
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.66)	(0.88)	(0.69)	(0.91)
Graham Number Full definition →	23.26	22.15	17.01	15.08
Earnings Yield Full definition →	3.23%	4.21%	2.11%	2.13%
Free Cash Flow Yield Full definition →	(0.03%)	(1.12%)	(3.72%)	(1.50%)
Revenue per Share Full definition →	17.24	14.56	13.78	13.29
Operating CF per Share Full definition →	1.08	2.85	0.55	0.55
Capex per Share Full definition →	(1.15)	(0.88)	(1.59)	(1.30)
Free Cash Flow per Share Full definition →	(0.06)	1.97	(1.04)	(0.75)
Cash per Share Full definition →	7.75	6.68	5.98	5.77
Shareholders Equity per Share Full definition →	14.48	13.81	14.78	14.87
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	14.48	13.81	14.78	14.87
Free Cash Flow Full definition →	(31.00)	980.00	(564.00)	(392.00)
Working Capital Full definition →	(6,786.00)	(6,515.00)	(5,276.00)	(5,599.00)
Capital Expenditures Full definition →	(560.00)	(438.00)	(859.00)	(678.00)
Net Current Asset Value Full definition →	(16,558.00)	(16,511.00)	(15,435.00)	(15,141.00)
EV/EBIT Full definition →	26.22	21.17	56.05	56.42
Capex to Sales Full definition →	0.07	0.06	0.12	0.10
Price to Operating Income Full definition →	24.15	19.07	52.15	52.98
Other line items
Average Receivables Full definition →	1,115.50	1,166.00	1,129.50	1,147.50
Average Payables Full definition →	1,941.50	2,019.50	1,904.50	1,613.00
Average Inventory Full definition →	845.00	809.50	787.50	781.00
Average Assets Full definition →	29,417.00	31,283.50	31,405.50	31,579.50
Average Common Equity Full definition →	7,541.00	8,120.00	9,165.50	9,093.50

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Columns are period end dates

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