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.
Follow LUV
Southwest Airlines Co. (LUV) Return on assets
Southwest Airlines Co.'s return on assets over the twelve months to 30 June 2026 was 2.85%, up 1.4 percentage points from fiscal 2025 (1.41%). Over the past ten years it has ranged from −10.2% (fiscal 2020) to 13.9% (fiscal 2017); the current reading is higher than 36% of that period. That is above the Airlines industry median of 1.67% and above the Industrials sector median of 1.21%.
Return on assets, annual
Embed this chart
Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 1.41% | 0.03 |
| FY2024 | 1.38% | 0.03 |
| FY2023 | 1.35% | (0.15) |
| FY2022 | 1.50% | (1.26) |
| FY2021 | 2.76% | 12.92 |
| FY2020 | −10.2% | (18.98) |
| FY2019 | 8.82% | (0.78) |
| FY2018 | 9.60% | (4.27) |
| FY2017 | 13.9% | 4.08 |
| FY2016 | 9.79% | (0.84) |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| RYAAY Ryanair Holdings PLC compare | 10.6% |
| CPA Copa Holdings, S.A. compare | 9.54% |
| LTM LATAM Airlines Group S.A. compare | 8.63% |
| UAL United Airlines Holdings Inc compare | 4.32% |
| DAL Delta Air Lines, Inc. compare | 3.97% |
| LUV Southwest Airlines Co. | 2.85% |
| ZNH China Southern Airlines Company Limited compare | 0.00% |
| AAL American Airlines Group Inc. compare | −0.51% |
| ALK Alaska Air Group, Inc. compare | −0.85% |
| Airlines industry median | 1.67% |
| Industrials sector median | 1.21% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on LUV
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement