Southwest Airlines Company — LUV

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$49.26$25.48B62.410.224.0%4.1%$0.72
1.5%
3.2

Latest Headlines

Revenue & Net Income

Revenue & Net Income
Date Revenue Net_Income EPS Last_Updated Revenue_Change Net_Income_Change EPS_Change
0 2020-12-31 $9,048M $-3,074M $-5.44 2024-02-08 22:12:14 N/A N/A N/A
1 2021-12-31 $15,790M $977M $0.91 2026-02-06 08:38:00 74.5% -131.8% -116.7%
2 2022-12-31 $23,814M $539M $0.91 2026-02-27 22:01:12 50.8% -44.8% 0.0%
3 2023-12-31 $26,091M $465M $0.78 2026-02-27 22:01:12 9.6% -13.7% -14.3%
4 2024-12-31 $27,483M $465M $0.78 2026-02-27 22:01:12 5.3% 0.0% 0.0%
5 2025-12-31 $28,063M $441M $0.82 2026-02-27 22:01:12 2.1% -5.2% 5.1%
6 TTM 2025-12-31 $28,063M $441M $0.79 2026-02-02 08:32:56 0.0% 0.0% -3.7%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

LUV Year-over-Year Growth

  2020 2021 2022 2023 2024 2025 2026 2027 Average
Revenue Growth (%) 74.5% 50.8% 9.6% 5.3% 2.1% 12.8% 5.3% 22.9%
Revenue Analysts (#) 0 0 0 0 0 0 6 6
EPS Growth (%) -131.8% -44.8% -13.7% 0.0% -5.2% 404.3% 17.2% 32.3%
EPS Analysts (#) 0 0 0 0 0 0 7 7

Expenses

Revenue vs Expenses
Year Revenue ($) Cost of Revenue ($) Facilities / D&A ($)
2022 $23.8B $17.7B $1.4B
2023 $26.1B $20.3B $1.5B
2024 $27.5B $21.4B $1.7B
2025 $28.1B $21.6B $1.6B
TTM $28.1B $21.6B $1.6B
Expenses % of Revenue
Year Revenue Change (%) Cost of Revenue Change (%) Facilities / D&A Change (%)
2023 9.56 14.88 12.66
2024 5.34 5.02 8.87
2025 2.11 1.13 -5.85
TTM 0.00 -0.00 0.06
No unmapped expenses.

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $28,312M
1 Cash $2,902M
2 Total Liabilities $20,536M
3 Total Debt $5,258M
4 Total Equity $7,776M
5 Debt to Equity Ratio 0.68

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$49.26 4.0% Nicks Growth: 3%
Nick's Expected Margin: 2%
FINVIZ Growth: 80%
Nicks: 9
Finviz: 2791
Nick's: 0.182 0.9 62.4
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$0.79 EPS TTM $7.17 -85.4% $2204.54 4375.3%
$4.30 EPS 2026 $39.04 -20.8% $11999.38 24259.3%
$5.04 EPS 2027 $45.76 -7.1% $14064.39 28451.3%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 22.23% 10.35% 21.79% 11.27% 2.00% 2.38% 24.50% 4.64% 75.7% 1.7%
3 Years 22.23% 10.35% 21.79% 11.27% 2.00% 2.38% 24.50% 4.64% 75.7% 1.7%
5 Years 22.23% 10.35% 21.79% 11.27% 2.00% 2.38% 24.50% 4.64% 75.7% 1.7%
10 Years 22.23% 10.35% 21.79% 11.27% 2.00% 2.38% 24.50% 4.64% 75.7% 1.7%

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