stockrowSouthwest 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
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Southwest Airlines Co. (LUV) Return on equity
Southwest Airlines Co.'s return on equity over the twelve months to 30 September 2026 was 14.0%, up 9.1 percentage points from fiscal 2025 (4.82%). Over the past ten years it has ranged from −32.9% (fiscal 2020) to 37.1% (fiscal 2017); the current reading is higher than 36% of that period. That is in line with the Airlines industry median of 14.1% and above the Industrials sector median of 3.71%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 4.82% | 0.17 |
| FY2024 | 4.65% | 0.08 |
| FY2023 | 4.57% | (0.54) |
| FY2022 | 5.11% | (5.02) |
| FY2021 | 10.1% | 42.99 |
| FY2020 | −32.9% | (56.23) |
| FY2019 | 23.4% | (1.92) |
| FY2018 | 25.3% | (11.84) |
| FY2017 | 37.1% | 9.50 |
| FY2016 | 27.6% | (3.23) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| LTM LATAM Airlines Group S.A. compare | 98.5% |
| CPA Copa Holdings, S.A. compare | 23.1% |
| UAL United Airlines Holdings Inc compare | 22.3% |
| RYAAY Ryanair Holdings PLC compare | 17.3% |
| DAL Delta Air Lines, Inc. compare | 15.9% |
| SKYW SkyWest, Inc. compare | 15.1% |
| LUV Southwest Airlines Co. | 14.0% |
| AAL American Airlines Group Inc. compare | 11.8% |
| ALK Alaska Air Group, Inc. compare | −10.5% |
| Airlines industry median | 14.1% |
| Industrials sector median | 3.71% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
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- 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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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