Southwest Airlines Co. LUV
42.68
1.13
2.72%
as of 25 Sep
- Market cap
- $20.5B
- P/E
- 25.7×
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Southwest Airlines Co. (LUV) Current ratio
Southwest Airlines Co.'s current ratio at the end of the quarter to 30 June 2026 was 0.5×, down 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2025) to 2.0× (fiscal 2020) — the current reading is the lowest in ten years. That is below the Airlines industry median of 0.6× and below the Industrials sector median of 1.8×.
Current ratio, annual
Annual
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 0.5× | (43.72%) |
| FY2024 | 0.9× | (19.34%) |
| FY2023 | 1.1× | (20.20%) |
| FY2022 | 1.4× | (27.50%) |
| FY2021 | 2.0× | (2.64%) |
| FY2020 | 2.0× | 202.92% |
| FY2019 | 0.7× | 4.90% |
| FY2018 | 0.6× | (9.34%) |
| FY2017 | 0.7× | 6.76% |
| FY2016 | 0.7× | 20.96% |
Quarterly
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 0.5× | 2.18% |
| Mar 2026 | 0.5× | (7.51%) |
| Dec 2025 | 0.5× | 5.34% |
| Sep 2025 | 0.5× | (12.27%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.5×
High 2.0×
Ten-year median
0.7×
Current reading's percentile
9
Current ratio against peers
| Company | Current ratio |
|---|---|
| CPA Copa Holdings, S.A. compare | 1.1× |
| RYAAY Ryanair Holdings PLC compare | 0.8× |
| UAL United Airlines Holdings Inc compare | 0.8× |
| LTM LATAM Airlines Group S.A. compare | 0.7× |
| ALK Alaska Air Group, Inc. compare | 0.5× |
| AAL American Airlines Group Inc. compare | 0.5× |
| LUV Southwest Airlines Co. | 0.5× |
| DAL Delta Air Lines, Inc. compare | 0.4× |
| ZNH China Southern Airlines Company Limited compare | 0.2× |
| Airlines industry median | 0.6× |
| Industrials sector median | 1.8× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on LUV
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement