Southwest Airlines Co.
LUV
Rank in Stocks
#1204
Southwest Airlines Co. functions as a passenger airline, offering scheduled air... Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.
Share Price
$38.78
Market Cap
$18.97B
Change (1 day)
-1.84%
Change (1 year)
15.68%
Country
US
Trade Southwest Airlines Co. (LUV)
Category
Industrials
P/E ratio for Southwest Airlines Co. (LUV)
P/E ratio as of October 2026 TTM: 23.70
According to Southwest Airlines Co. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.70. At the end of 2024 the company had a P/E ratio of 43.24.
P/E ratio history for Southwest Airlines Co. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 23.70 | -53.17% |
| 2025 | 50.61 | 17.05% |
| 2024 | 43.24 | 17.00% |
| 2023 | 36.95 | -0.24% |
| 2022 | 37.04 | 42.70% |
| 2021 | 25.96 | -403.01% |
| 2020 | -8.57 | -167.85% |
| 2019 | 12.63 | 16.86% |
| 2018 | 10.80 | -4.19% |
| 2017 | 11.28 | -19.02% |
| 2016 | 13.93 | 6.71% |
| 2015 | 13.05 | -49.01% |
| 2014 | 25.59 | 44.26% |
| 2013 | 17.74 | -2.75% |
| 2012 | 18.24 | -50.99% |
| 2011 | 37.22 | 76.44% |
| 2010 | 21.10 | -75.34% |
| 2009 | 85.55 | 140.36% |
| 2008 | 35.59 | 147.99% |
| 2007 | 14.35 | -40.98% |
| 2006 | 24.32 | 2.22% |
| 2005 | 23.79 | -41.55% |
| 2004 | 40.70 | 43.82% |
| 2003 | 28.30 | -51.14% |
| 2002 | 57.92 | 110.01% |
| 2001 | 27.58 | -0.13% |
| 2000 | 27.62 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 15.21 | -35.83% |
US
|
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| - | - |
ES
|
|
| 9.23 | -61.05% |
US
|
|
| - | - |
IE
|
|
| - | - |
TH
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.