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) 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 | Free account |
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
| Company | P/E ratio |
|---|---|
| AAL American Airlines Group Inc. compare | n/m |
| ALK Alaska Air Group, Inc. compare | n/m |
| ZNH China Southern Airlines Company Limited compare | n/m |
| RYAAY Ryanair Holdings PLC compare | 5.5× |
| CPA Copa Holdings, S.A. compare | 8.8× |
| LTM LATAM Airlines Group S.A. compare | 9.6× |
| UAL United Airlines Holdings Inc compare | 10.7× |
| DAL Delta Air Lines, Inc. compare | 14.0× |
| LUV Southwest Airlines Co. | 25.7× |
| Airlines industry median | 10.3× |
| Industrials sector median | 24.8× |
| Market median | 17.9× |
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)
More on LUV
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement