Southwest Airlines Co. LUV

42.68 1.13 2.72% as of 25 Sep
Market cap
$20.5B
P/E
25.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Southwest Airlines Co. (LUV) EV/EBITDA

As of 25 September 2026, Southwest Airlines Co. (LUV) trades at a EV/EBITDA of 8.8×. Over the past ten years it has ranged from 0.0× (September 2021) to 17.2× (October 2021); the current reading is higher than 79% of that period. That is below the Airlines industry median of 9.7× and below the Industrials sector median of 12.9×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 12.1× 32.02%
FY2024 9.1× 18.40%
FY2023 7.7× 20.84%
FY2022 6.4× (7.11%)
FY2021 6.9× —
FY2020 0.0× —
FY2019 6.7× 4.69%
FY2018 6.4× (29.35%)
FY2017 9.0× 31.36%
FY2016 6.9× 19.80%

Quarterly

Period EV/EBITDA Change
Jun 2026 10.5× 28.27%
Mar 2026 8.2× (32.32%)
Dec 2025 12.1× 29.74%
Sep 2025 9.3× 2.78%
42 more quarters

Against its own ten years

Low 0.0× High 17.2×
Ten-year median 7.2×
Current reading's percentile 79

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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