Southwest Airlines Co. (LUV) Profit Margins
Over the twelve months to 2026-09-30, Southwest Airlines Co. (LUV) had operating margin 4.4%, net margin 3.3%, free cash flow margin -1.4%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-09-30 · read by EquiReason
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- Market cap
- 20.4B
- P/E TTM
- 20.4
- Dividend yield
- 1.7%
- 52-week
- —
- Next earnings
- 28 Jan, in 95 days
| Line | FY2009 Dec 09 | FY2010 Dec 10 | FY2011 Dec 11 | FY2012 Dec 12 | FY2013 Dec 13 | FY2014 Dec 14 | FY2015 Dec 15 | FY2016 Dec 16 | FY2017 Dec 17 | FY2018 Dec 18 | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Sep 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 2.5% | 8.2% | 4.4% | 3.6% | 7.2% | 12.0% | 20.8% | 17.2% | 16.1% | 14.6% | 13.2% | -42.2% | 10.9% | 4.3% | 0.9% | 1.2% | 1.5% | 4.4% | |
| Net margin | 1.0% | 3.8% | 1.1% | 2.5% | 4.3% | 6.1% | 11.0% | 10.7% | 15.9% | 11.2% | 10.3% | -34.0% | 6.2% | 2.3% | 1.8% | 1.7% | 1.6% | 3.3% | |
| FCF margin | 3.9% | 8.8% | 2.5% | 4.2% | 5.8% | 6.2% | 6.0% | 11.0% | 8.5% | 13.5% | 13.2% | -18.1% | 11.5% | -0.6% | -1.4% | -5.8% | -3.0% | -1.4% |
USD billions · SEC XBRL
Southwest Airlines Co. — questions
- What is Southwest Airlines Co.'s operating margin?
- 4.4% over the twelve months to 2026-09-30.
- What is Southwest Airlines Co.'s net profit margin?
- 3.3% over the twelve months to 2026-09-30.
Every figure on this page comes from Southwest Airlines Co.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.