Southwest Airlines Co. (LUV) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Southwest Airlines Co., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 50.61x | 43.24x | 36.95x | 37.04x | 25.96x | -8.57x |
| P/B Ratio | 2.80x | 1.94x | 1.63x | 1.87x | 2.44x | 2.97x |
| P/S Ratio | 0.80x | 0.73x | 0.66x | 0.84x | 1.61x | 2.91x |
| Profitability | ||||||
| Gross Margin | 17.4% | 16.2% | 16.2% | 20.0% | 26.1% | -20.9% |
| Operating Margin | 1.5% | 1.2% | 0.9% | 4.3% | 10.9% | -42.2% |
| Net Margin | 1.6% | 1.7% | 1.8% | 2.3% | 6.2% | -34.0% |
| EBITDA Margin | 8.0% | 9.0% | 9.2% | 10.0% | 19.2% | -29.7% |
| Liquidity | ||||||
| Current Ratio | 0.52x | 0.92x | 1.14x | 1.43x | 1.97x | 2.02x |
| Quick Ratio | 0.45x | 0.85x | 1.07x | 1.35x | 1.91x | 1.97x |
| Leverage | ||||||
| Debt/Equity | 0.75x | 0.78x | 0.87x | 0.89x | 1.18x | 1.37x |
YoY = year-over-year change. Source: FMP..