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) P/E ratio

As of 25 September 2026, Southwest Airlines Co. (LUV) trades at a P/E ratio of 25.7×. Over the past ten years it has ranged from 0.0× (December 2024) to 176× (September 2024); the current reading is higher than 63% of that period. That is above the Airlines industry median of 10.3× and in line with the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 47.5× 8.80%
FY2024 43.7× 27.25%
FY2023 34.3× (4.22%)
FY2022 35.8× 37.98%
FY2021 26.0× —
FY2020 0.0× —
FY2019 12.6× 16.68%
FY2018 10.8× (4.99%)
FY2017 11.4× (18.69%)
FY2016 14.0× 6.99%

Quarterly

Period P/E ratio Change
Jun 2026 31.0× 30.27%
Mar 2026 23.8× (49.95%)
Dec 2025 47.5× 1.23%
Sep 2025 46.9× (0.19%)
42 more quarters

Against its own ten years

Low 0.0× High 176×
Ten-year median 16.5×
Current reading's percentile 63

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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