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.

Revenue
+21.2%
EPS
+450.0%
Free cash flow
+46.9%
Total debt
+43.5%

Quarter to September 2026, against a year earlier

44.42 2.00 −4.31%
Market cap
$21.8B
P/E
21.1×
Fwd P/E
17.1×
Dividend yield
1.62%
F-score
7/9
Altman Z
2.22
Beneish M
−2.66
Dividend safety
24/100

Southwest Airlines Co. (LUV) Return on assets

Alert me on Return on assets

Southwest Airlines Co.'s return on assets over the twelve months to 30 September 2026 was 3.58%, up 2.2 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 1.28% and above the Industrials sector median of 1.20%.

Return on assets, annual

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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

Low −10.2% High 13.9%
Ten-year median 2.76%
Current reading's percentile 36

Return on assets against peers

Company Return on assets
RYAAY Ryanair Holdings PLC compare 10.1%
CPA Copa Holdings, S.A. compare 9.54%
LTM LATAM Airlines Group S.A. compare 8.68%
SKYW SkyWest, Inc. compare 5.61%
UAL United Airlines Holdings Inc compare 4.43%
DAL Delta Air Lines, Inc. compare 3.97%
LUV Southwest Airlines Co. 3.58%
AAL American Airlines Group Inc. compare −0.76%
ALK Alaska Air Group, Inc. compare −1.92%
Airlines industry median 1.28%
Industrials sector median 1.20%
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)

The full definition of Return on assets →

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