Company / Profit Margin
Southwest Airlines Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
1.6%
FY2025
5-year range
1.6% / 10.3%
FY2021-FY2025
Trend
-7.1%
vs FY2024
Sector context
#243 of 332
Industrials
What the data says
At 1.6%, Southwest Airlines's profit margin ranks #243 of 332 in the Industrials sector. Profit Margin has declined for 6 consecutive years, from 65.2% in FY2019 to 1.6% in FY2025.
Based on SEC 10-K filings.
1.6% in FY2025 with a 5-year CAGR of -9.7%.
Declined from 1.8% to 1.6% over the past 2 years.
Industrials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -0.7pp
- 5-Year Change
- -9.7pp
- 10-Year Change
- -
Sector benchmark
#243 of 332 in IndustrialsTop 73% of 332This company 1.6% Sector average -675.3%
▼
+100.2% above sector average
Key checks
Key Insights
- Southwest Airlines's profit margin has declined for 6 consecutive years.
- In FY2025, profit margin decreased 7.1% year-over-year.
- Currently 676.9pp above the Industrials sector average.
- Peak profit margin was recorded in FY2017.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 1.6% | -7.1% |
| FY2024 | 1.7% | -5.1% |
| FY2023 | 1.8% | -21.2% |
| FY2022 | 2.3% | -78.0% |
| FY2021 | 10.3% | -8.6% |
| FY2020 | 11.2% | -82.8% |
| FY2019 | 65.2% | +47.7% |
| FY2018 | 44.1% | -35.8% |
| FY2017 | 68.8% | +543.1% |
| FY2016 | 10.7% | -2.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026