Company / FCF Margin
Southwest Airlines FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-3.0%
FY2025
5-year range
-5.8% / 13.2%
FY2021-FY2025
Trend
+48.9%
vs FY2024
Sector context
#275 of 314
Industrials
What the data says
Southwest Airlines's fcf margin of -3.0% is lower than 88% of companies in the Industrials sector (FY2025). FCF Margin returned to growth in FY2025 after 6 years of decline, reaching -3.0%.
Based on SEC 10-K filings.
-3.0% in FY2025 with a 5-year CAGR of -16.5%.
Declined from -1.4% to -3.0% over the past 2 years.
Industrials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -2.4pp
- 5-Year Change
- -16.5pp
- 10-Year Change
- -
Sector benchmark
Bottom 12% in IndustrialsTop 88% of 314This company -3.0% Sector average -577.7%
▼
+99.5% above sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 48.9% year-over-year.
- Currently 574.7pp above the Industrials sector average.
- Peak fcf margin was recorded in FY2018.
- Lowest fcf margin in the period was in FY2024.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -3.0% | +48.9% |
| FY2024 | -5.8% | -325.7% |
| FY2023 | -1.4% | -142.9% |
| FY2022 | -0.6% | -104.2% |
| FY2021 | 13.2% | -2.4% |
| FY2020 | 13.5% | -61.4% |
| FY2019 | 35.1% | -23.1% |
| FY2018 | 45.6% | +23.3% |
| FY2017 | 37.0% | +235.1% |
| FY2016 | 11.0% | +82.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026