Southwest Airlines Company — LUV
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $43.20 | $22.69B | 68.6 | 13.4 | 25.4% | 7.1% | $0.72 1.7% | 2.9 |
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Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $9.0B | $-3.1B | $-5.44 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $15.8B | $977.0M | $1.65 | 74.5% | -131.8% | -130.3% |
| 2 | 2022-12-31 | $23.8B | $539.0M | $0.91 | 50.8% | -44.8% | -44.8% |
| 3 | 2023-12-31 | $26.1B | $465.0M | $0.78 | 9.6% | -13.7% | -14.3% |
| 4 | 2024-12-31 | $27.5B | $465.0M | $0.78 | 5.3% | 0.0% | 0.0% |
| 5 | TTM 2025-03-31 | $27.6B | $546.0M | $0.89 | 0.4% | 17.4% | 14.1% |
| 6 | Average | 28.1% | -34.6% | -35.1% |
EPS
Forecasts
Y/Y % Change
LUV Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 74.5% | 50.8% | 9.6% | 5.3% | 2.3% | 10.0% | 25.4% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 6 | 6 | |
| EPS Growth (%) | -131.8% | -44.8% | -13.7% | 0.0% | 5.0% | 240.9% | 9.3% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 7 | 7 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | Facilities / D&A ($) |
|---|---|---|---|
| 2021 | $15.8B | $10.4B | $1.3B |
| 2022 | $23.8B | $17.7B | $1.4B |
| 2023 | $26.1B | $20.3B | $1.5B |
| 2024 | $27.5B | $21.4B | $1.7B |
| TTM | $27.6B | $21.3B | $1.6B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|
| 2022 | 50.82 | 70.25 | 6.21 |
| 2023 | 9.56 | 14.88 | 12.66 |
| 2024 | 5.34 | 5.02 | 8.87 |
| TTM | 0.25 | -0.11 | -3.62 |
No unmapped expenses.
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $28,712M |
| 1 | Cash | $3,475M |
| 2 | Total Liabilities | $20,712M |
| 3 | Total Debt | $5,341M |
| 4 | Total Equity | $8,000M |
| 5 | Debt to Equity Ratio | 0.67 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $43.20 | 4.2% | Nicks Growth: 3% Nick's Expected Margin: 2% FINVIZ Growth: 62% |
Nicks: 9 Finviz: 964 |
Nick's: 0.178 | 0.8 | 68.6 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $0.63 EPS | TTM | $5.60 | -87.0% | $607.31 | 1305.8% |
| $0.93 EPS | 2025 | $8.27 | -80.9% | $896.50 | 1975.2% |
| $3.17 EPS | 2026 | $28.18 | -34.8% | $3055.82 | 6973.7% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 21.70% | 11.19% | 21.66% | 11.41% | 1.71% | 1.43% | 25.60% | 7.31% | 98.7% | 0.7% |
| 3 Years | 21.70% | 11.19% | 21.66% | 11.41% | 1.71% | 1.43% | 25.60% | 7.31% | 98.7% | 0.7% |
| 5 Years | 21.70% | 11.19% | 21.66% | 11.41% | 1.71% | 1.43% | 25.60% | 7.31% | 98.7% | 0.7% |
| 10 Years | 21.70% | 11.19% | 21.66% | 11.41% | 1.71% | 1.43% | 25.60% | 7.31% | 98.7% | 0.7% |