Company / Free Cash Flow
Southwest Airlines Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$831.0M
FY2025
5-year range
-$1.6B / $3.0B
FY2021-FY2025
Trend
+47.8%
vs FY2024
Sector context
#332 of 336
Industrials
What the data says
Among 336 Industrials companies, Southwest Airlines is in the bottom 1% for free cash flow. Free Cash Flow returned to growth in FY2025 after 4 years of decline, reaching -$831M.
Based on SEC 10-K filings.
-$831M in FY2025.
Declined from -$356M to -$831M over the past 2 years.
Industrials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in IndustrialsTop 99% of 336This company -$831.0M Sector average $628.9M
▼
-232.1% below sector average
Key checks
Key Insights
- In FY2025, free cash flow increased 47.8% year-over-year.
- Ranks #332 out of 336 companies in the Industrials sector.
- Peak free cash flow was recorded in FY2020.
- Lowest free cash flow 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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$831.0M | +47.8% |
| FY2024 | -$1.6B | -347.2% |
| FY2023 | -$356.0M | -165.7% |
| FY2022 | -$134.0M | -104.5% |
| FY2021 | $3.0B | -0.4% |
| FY2020 | $3.0B | +64.5% |
| FY2019 | $1.8B | -19.9% |
| FY2018 | $2.3B | +24.9% |
| FY2017 | $1.8B | -19.9% |
| FY2016 | $2.3B | +88.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026