LUV

Southwest Airlines Co.

IndustrialsAirlines, Airports & Air ServicesUSUSDPeers →

$41.54

LiveJun 05, 2026

Market cap

$20.3B

52w range

28.98 – 55.11

P / E

—

EPS · FY 2025

$0.79

Volume

3.76M

Revenue · FY 2025

$28.06B

+2.11% YoY

Explain this page

Arphra AIPlain-English read on Southwest Airlines Co.’s valuation

Revenue · 5Y

$28.06B+2.1%

FY21FY22FY23FY24FY25

Net income · 5Y

$441.0M-5.2%

FY21FY22FY23FY24FY25

Margins · FY2025

Gross margin17.4%

Operating margin1.5%

Net margin1.6%

FCF margin-3.0%

income_statement_annual

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	YoY
Revenue	28.06B	27.48B	26.09B	23.81B	15.79B	+2.1%
Gross profit	4.89B	4.46B	4.22B	4.75B	4.12B	+9.8%
R&D	0	0	0	0	0	—
Operating income	428.0M	321.0M	224.0M	1.02B	1.72B	+33.3%
Net income	441.0M	465.0M	465.0M	539.0M	977.0M	-5.2%
Diluted EPS	0.79	0.75	0.76	0.87	1.61	+5.3%
Net margin	1.6%	1.7%	1.8%	2.3%	6.2%	—

Pro

Full income statement, balance sheet, and cash-flow history is included with Pro.