Southwest Airlines Co.
Southwest Airlines Co. (LUV) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
luv · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Southwest Airlines Co. (LUV) measures how much investors pay for each dollar of the company's trailing earnings. LUV's current PE ratio of 25.32x is calculated by dividing its stock price of $41.54 by its TTM earnings per share of $1.64. −34.7% discount vs 5Y avg 38.8x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2006 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 19 fiscal years · Front-end computedMinQ1 · 25%24.3x
MedianQ3 · 75%85.6x
Max
At 25.32x, LUV's current P/E is within its average historical range over the past 19 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Airlines, Airports & Air Services · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Southwest Airlines Co.You LUV | $20.3B | 25.32x | -20.2% | $1.64 |
 Carpenter Technology Corporation CRS | $24.0B | 36.90x | +16.4% | $7.49 |
 J.B. Hunt Transport Services, Inc. JBHT | $26.9B | 31.73x | +0.1% | $6.12 |
 Joby Aviation, Inc. JOBY | $9.4B | N/A | — | -$1.13 |
 LATAM Airlines Group S.A. LTM | $14.1B | 10.91x | -65.6% | $4.95 |
 MasTec, Inc. MTZ | $28.8B | 42.42x | +33.8% | $5.12 |
 TransUnion TRU | $13.6B | 36.60x | +15.4% | $2.34 |
Industry Average 5 peers with valid PE | — | 31.71x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 50.61x | $0.82 | +17.1% | |
2024-12-31 FY2024 | 43.24x | $0.78 | +17.0% | |
2023-12-31 FY2023 | 36.95x | $0.78 | -0.2% | |
2022-12-31 FY2022 | 37.04x | $0.91 | +42.7% | |
2021-12-31 FY2021 | 25.96x | $1.65 | — | |
2020-12-31 FY2020 | — | $-5.44 | — | |
2019-12-31 FY2019 | 12.63x | $4.28 | +16.9% | |
2018-12-31 FY2018 | 10.80x | $4.30 | -4.2% | |
2017-12-31 FY2017 | 11.28x | $5.80 | -19.0% | |
2016-12-31 FY2016 | 13.93x | $3.58 | +6.7% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Southwest Airlines Co. (LUV) measures how much investors pay for each dollar of the company's trailing earnings. LUV's current PE ratio of 25.32x is calculated by dividing its stock price of $41.54 by its TTM earnings per share of $1.64.
Frequently asked questions
LUV pe ratio · 6 questionsLUV's current PE ratio is 25.32x as of 2026-06-08, based on a stock price of $41.54 and TTM EPS of $1.64. Data sourced from Financial Modeling Prep via LUV's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Southwest Airlines Co. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08