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Southwest Airlines Co.

LUV Industrials Airlines

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%
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

Southwest Airlines Co. (LUV) Book value per share

Alert me on Book value per share

Southwest Airlines Co.'s book value per share at the end of fiscal 2025 was 14.8×, down 14.6% from 17.3× in fiscal 2024. At the end of the quarter to 30 June 2026 it was 14.5×. Over the past ten years it has ranged from 11.1× (fiscal 2015) to 18.3× (fiscal 2019); the current reading is higher than 27% of that period. Southwest Airlines Co. ranks 9th of 18 Airlines companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 14.8× (14.61%)
FY2024 17.3× (2.06%)
FY2023 17.7× (1.94%)
FY2022 18.0× 2.45%
FY2021 17.6× 11.98%
FY2020 15.7× (14.04%)
FY2019 18.3× 6.28%
FY2018 17.2× 7.19%
FY2017 16.0× 19.16%
FY2016 13.5× 20.94%

Quarterly newest first

Period Book value per share Change
Jun 2026 14.5× 4.91%
Mar 2026 13.8× (6.59%)
Dec 2025 14.8× (0.60%)
Sep 2025 14.9× (0.01%)
42 more quarters

Against its own ten years

Low 11.1× High 18.3×
Ten-year median 17.2×
Current reading's percentile 27

Book value per share against peers

Company Book value per share
CPA Copa Holdings, S.A. compare 70.2×
UAL United Airlines Holdings Inc compare 51.4×
DAL Delta Air Lines, Inc. compare 34.4×
ALK Alaska Air Group, Inc. compare 33.0×
RYAAY Ryanair Holdings PLC compare 21.2×
LUV Southwest Airlines Co. 14.5×
LTM LATAM Airlines Group S.A. compare 6.9×
ZNH China Southern Airlines Company Limited compare 0.0×
AAL American Airlines Group Inc. compare −6.0×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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