Southwest Airlines Co.
LUVNYSEIndustrials● Active
$41.54
+$0.23(+0.56%)
Market Cap$20.3B
P/E Ratio—
52W High$55.11
52W Low$28.98
Southwest Airlines Co. (LUV) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · LUV · as of 2026-06-08
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $0.44B | $0.47B | $0.47B | $0.54B | $0.98B |
| Depreciation & Amort. | $1.56B | $1.66B | $1.52B | $1.35B | $1.27B |
| Stock-Based Comp. | $0.00B | $0.00B | $0.00B | $0.08B | $0.06B |
| Change in Working Capital | ($0.28B) | ($1.59B) | $1.25B | $1.48B | ($0.10B) |
| Net Cash from Operations | $1.84B | $0.46B | $3.16B | $3.79B | $2.32B |
| Investing Activities | |||||
| Capital Expenditure | ($2.67B) | ($2.08B) | ($3.55B) | ($3.95B) | ($0.51B) |
| Purchases of Investments | ($0.47B) | ($5.01B) | ($6.97B) | ($5.59B) | ($5.82B) |
| Sales of Investments | $1.69B | $6.00B | $7.59B | $5.79B | $5.07B |
| Net Cash from Investing | ($1.43B) | ($0.26B) | ($2.93B) | ($3.75B) | ($1.26B) |
| Financing Activities | |||||
| Common Stock Repurchased | ($2.55B) | ($0.25B) | $0.00B | $0.00B | $0.00B |
| Dividends Paid | ($0.40B) | ($0.43B) | ($0.43B) | $0.00B | $0.00B |
| Debt Issued / Repaid | ($1.77B) | ($1.34B) | ($0.09B) | ($3.08B) | $0.23B |
| Net Cash from Financing | ($4.69B) | ($1.98B) | ($0.44B) | ($3.03B) | $0.36B |
| Free Cash Flow | |||||
| Free Cash Flow | ($0.83B) | ($1.62B) | ($0.39B) | ($0.16B) | $1.81B |
| FCF Margin %(computed) | -2.96% | -5.89% | -1.49% | -0.66% | 11.47% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
Explore more Southwest Airlines Co. data
About Southwest Airlines Co. (LUV) Cash Flow Statement
Southwest Airlines Co. generated operating cash flow of $1.84B and free cash flow of ($0.83B) for 2025 — a FCF margin of -2.96%. Capital expenditure was ($2.67B).
Frequently asked questions
LUV · 4 questionsSouthwest Airlines Co. generated free cash flow of ($0.83B) for 2025, up 48.6% year-over-year.
LUV free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08