Company / Return on Equity (ROE)
Southwest Airlines Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
5.5%
FY2025
5-year range
4.4% / 23.4%
FY2021-FY2025
Trend
+23.2%
vs FY2024
Sector context
#232 of 330
Industrials
What the data says
At 5.5%, Southwest Airlines's return on equity (roe) ranks #232 of 330 in the Industrials sector. Return on Equity (ROE) has fluctuated over the past 10 years, ranging from 4.4% in FY2023 to 34.8% in FY2019.
Based on SEC 10-K filings.
5.5% in FY2025 with a 5-year CAGR of -19.5%.
Improved from 4.4% to 5.5% over the past 2 years.
Industrials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +0.5pp
- 5-Year Change
- -19.5pp
- 10-Year Change
- -
Sector benchmark
#232 of 330 in IndustrialsTop 70% of 330This company 5.5% Sector average 9.8%
▼
-43.5% below sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) increased 23.2% year-over-year.
- Currently 4.3pp below the Industrials sector average.
- Peak return on equity (roe) was recorded in FY2019.
- Lowest return on equity (roe) in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 5.5% | +23.2% |
| FY2024 | 4.5% | +1.6% |
| FY2023 | 4.4% | -12.3% |
| FY2022 | 5.0% | -78.5% |
| FY2021 | 23.4% | -6.5% |
| FY2020 | 25.0% | -28.1% |
| FY2019 | 34.8% | +24.2% |
| FY2018 | 28.0% | -19.5% |
| FY2017 | 34.8% | +24.2% |
| FY2016 | 28.0% | -13.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026