Southwest Airlines (LUV) Financials, Dividends & Stock Info
Explore comprehensive financial data for Southwest Airlines, provided completely free. Analyze revenue, net income, profit margins, dividend history, and key financial ratios to make informed investment decisions.
Data as of (573 days ago)|Source: SEC EDGAR
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Southwest Airlines (LUV) is a passenger airlines company. The company reports annual revenue of $27.6B and net income of $380M. Its profit margin is 1.4%.
Southwest Airlines Key Financials(TTM Est.)
Data from SEC EDGAR filings. TTM = Trailing Twelve Months.
Southwest Airlines Financial Health ScoreFY2025
Weak financial health; requires careful evaluation
+2 pts YoYThis Financial Health Score is a proprietary metric calculated from SEC EDGAR filings for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Results vary significantly by industry. Conduct your own research before making investment decisions.
Data Highlights
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Southwest Airlines Recent Events
Source: SEC EDGAR 8-K Filings
5-Year Revenue & Net Income Trend
Chart shows fiscal year data from SEC EDGAR filings. Hover over data points for details.
As of FY2025 · SEC 10-K · Updated Jun 30, 2026
Revenue Breakdown (FY2024)
See Southwest Airlines detailed breakdown →Showing top 3 of 4 segments
About Southwest Airlines
Southwest Airlines is a major low-cost airline of the United States. It is headquartered in the Love Field neighborhood of Dallas, Texas. It is the third-largest airline in North America when measured by passengers carried, as of 2024. With its all-Boeing 737 fleet, Southwest serves over 100 destinations in 42 states, Washington, D.C., Puerto Rico, and ten other countries and territories near the southern United States in the Gulf of Mexico and Caribbean Sea regions: Aruba, the Bahamas, Belize, the Cayman Islands, Costa Rica, Cuba, the Dominican Republic, Mexico, Jamaica, and Turks and Caicos.
- Industry
- Passenger Airlines
Valuation
Valuation Data UnavailablePrice-based valuation metrics (P/E, P/B) require real-time stock price data which is not included in SEC filings.
Benjamin Graham: Graham recommended P/E ratio not exceed 15 for reasonable valuation. Understanding valuation metrics
Profitability
Thin Marginsvs 7.2% sector median / 3.6% avg
Generates $4.9 in profit for every $100 of shareholder equity. Higher than 38% in Industrials.
vs 2.8% sector median / 4.7% avg
Keeps 1 cents of every dollar in revenue as profit. Higher than 33% in Industrials.
8th consecutive year of revenue growth.
* Some quarterly data is missing. Values are calculated based on annual report figures.
Profit margin 71% below sector average.
Warren Buffett: Buffett looks for consistent ROE above 20% as a sign of competitive advantage. How to evaluate profitability
Financial Health
Balance Sheet Data LimitedInsufficient data to assess financial health.
Peter Lynch: Lynch: normal balance sheet has 75% equity, 25% debt. Understanding financial health
Dividend
Dividend Data UnavailableDividend yield data is not available from SEC filings. Check the company's investor relations page for dividend information.
As of FY2025 · SEC 10-K · Updated Jun 30, 2026
Southwest Airlines 10-Year Revenue, Profit & Cash Flow History
Annual Financials
FY2025 - FY2016| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.1B(+2.1%) | $27.5B(+5.3%) | $26.1B(+9.6%) | $23.8B(+6.2%) | $22.4B(+2.1%) | $22.0B(+326.6%) | $5.1B(+4.1%) | $4.9B(+1.2%) | $4.9B(-76.1%) | $20.4B(+3.1%) |
| Net Income | $441.0M(-5.2%) | $465.0M(0.0%) | $465.0M(-13.7%) | $539.0M(-76.6%) | $2.3B(-6.7%) | $2.5B(-26.6%) | $3.4B(+53.8%) | $2.2B(-35.0%) | $3.4B(+53.8%) | $2.2B(+0.1%) |
| Total Assets | $29.1B | $33.8B | $36.5B | $35.4B | $36.3B | $34.6B | $25.9B | $26.2B | $25.1B | $23.3B |
| Total Debt | $4.9B | $6.7B | $8.0B | $8.1B | - | - | - | - | - | - |
| Total Equity | $8.0B | $10.3B | $10.5B | $10.7B | $9.8B | $9.9B | $9.6B | $7.8B | $9.6B | $7.8B |
| Profit Margin | 1.6% | 1.7% | 1.8% | 2.3% | 10.3% | 11.2% | 65.2% | 44.1% | 68.8% | 10.7% |
| ROE | 5.5% | 4.5% | 4.4% | 5.0% | 23.4% | 25.0% | 34.8% | 28.0% | 34.8% | 28.0% |
| ROA | 1.5% | 1.4% | 1.3% | 1.5% | 6.3% | 7.1% | 13.0% | 8.3% | 13.4% | 9.4% |
Quarterly Financials
Last 8 quarters| Metric | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4B | $20.6B | $13.7B | $6.3B | $19.3B | $12.7B | $5.7B | $17.6B |
| Net Income | $-149,000,000 | $204.0M | $137.0M | $-231,000,000 | $717.0M | $524.0M | $-159,000,000 | $759.0M |
| Total Assets | $29.1B | $33.8B | $33.8B | $33.8B | $36.5B | $36.5B | $36.5B | $35.4B |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026
Insider Trading
Source: SEC EDGAR Form 4 filings. Only purchase (P) and sale (S) transactions shown.
Southwest Airlines Dividend Safety Analysis & Growth History
Dividend Status
Dividend PayerThis company pays dividends. Historical dividend data shown below.
5-year dividend CAGR: +2.6%.
Annual Dividends
2013 - 2025| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend/Share | $0.13 | $0.22 | $0.28 | $0.38 | $0.47 | $0.45 | $0.18 | $0.72 | $0.72 | $0.54 |
| YoY Growth | +276.8% | +69.2% | +29.5% | +31.6% | +26.7% | -6.3% | -59.6% | +300.0% | +0.0% | -25.0% |
| Payments | 4 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 | 3 |
| Increased | Yes | Yes | Yes | Yes | Yes | No | No | Yes | No | No |
Learn more: Dividend investing guide | How to evaluate dividend safety
As of FY2025 · SEC 10-K · Updated Jun 30, 2026
Southwest Airlines Free Cash Flow & Dividend Coverage
Cash Flow History
FY2016 - FY2025| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | $4.3B | $3.9B | $4.3B | $3.9B | $4.9B | $4.0B | $3.8B | $3.2B | $462.0M | $1.8B |
| CapEx | -$2.0B | -$2.1B | -$2.0B | -$2.1B | -$1.9B | -$1.0B | -$3.9B | -$3.5B | -$2.1B | -$2.7B |
| Free Cash Flow | $2.3B | $1.8B | $2.3B | $1.8B | $3.0B | $3.0B | -$134.0M | -$356.0M | -$1.6B | -$831.0M |
| FCF Margin | 11.0% | 37.0% | 45.6% | 35.1% | 13.5% | 13.2% | -0.6% | -1.4% | -5.8% | -3.0% |
Source: SEC EDGAR 10-K filings. FCF = Operating Cash Flow - Capital Expenditures. Free cash flow guide
As of FY2025 · SEC 10-K · Updated Jun 30, 2026
Southwest Airlines Risk Factors
Company-disclosed SEC risk factors
Risk factors are disclosed by the company in its SEC Form 10-K, Item 1A. Billiver does not classify or summarize company-specific legal, operational, financial, or market risks here.
Sector context: Industrials. This is not a Billiver risk assessment for LUV.
Source note: the SEC Form 10-K includes Item 1A, "Risk Factors." The full risk-factor text should be read from the company’s own SEC filing.
Southwest Airlines FAQ
What is Southwest Airlines's annual revenue?
Southwest Airlines (LUV) reported $27.6 billion in trailing twelve-month (TTM) revenue. This financial data is compiled from SEC EDGAR 10-K filings.
Is Southwest Airlines profitable?
Yes, Southwest Airlines is profitable with a 1.4% net profit margin and $380 million in net income (TTM). All figures from SEC EDGAR 10-K filings.
Does Southwest Airlines pay dividends?
Yes, Southwest Airlines pays regular dividends. View the full dividend history and payout analysis on this page.
What is Southwest Airlines's financial health score?
Southwest Airlines has a financial health score of 45/100 (Grade: F), evaluating profitability, solvency, liquidity, and growth based on SEC EDGAR data.
How many years of Southwest Airlines financial data are available?
10 years of financial data are available for Southwest Airlines from FY2016 to FY2025. All figures are compiled from SEC EDGAR 10-K filings.