Southwest Airlines Co. (LUV) Market Cap & Valuation Ratios
Southwest Airlines Co. (LUV) has a market cap of $20.4B, a trailing P/E of 20.4 and a price-to-sales ratio of 0.7, with earnings 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 96 days
Peers
airlines · nearest by market cap · trailing 12 months| Company | Mkt cap, $B | P/E | EV/Sales | EV/EBITDA | FCF yield | Rev. growth | Op. margin | ROIC |
|---|---|---|---|---|---|---|---|---|
| LUV | 20 | 20.4 | 0.7 | 7.7 | -2.2% | +14% | 4% | 12% |
| DAL | 51 | 15.3 | 0.8 | 7.7 | 6.0% | +14% | 7% | 12% |
| UAL | 32 | 9.0 | 0.7 | 5.5 | 3.5% | +12% | 8% | 11% |
| RYAAY | 27 | — | — | — | — | +11% | 15% | 24% |
| AAL | 8.0 | — | 0.5 | 9.4 | -1.1% | +12% | 2% | 2% |
| ALK | 3.8 | — | 0.5 | 12.6 | -9.1% | +10% | -2% | -3% |
| SKYW | 3.6 | 9.2 | 1.3 | 5.6 | 8.7% | +9% | 14% | 9% |
| ALGT | 1.8 | 60.6 | 1.2 | 9.2 | -9.0% | +12% | 5% | 2% |
| ULCC | 1.1 | — | 0.2 | — | -1.8% | +10% | -10% | — |
| JBLU | 1.0 | — | 0.8 | 51.0 | — | +4% | -6% | -7% |
| RJET | 0.8 | 4.2 | 0.8 | 3.3 | -5.1% | +14% | 17% | 14% |
| Median of these 10 | 9.2 | 0.8 | 8.5 | -1.4% | +12% | 6% | 9% |
P/E 20.4 vs. a peer median of 9.2; EV/Sales 0.7 vs. 0.8. LUV's own P/E sits at the 0th percentile of its history.
Growth vs. price
each dot a company · hover or tap for valuesRYAAY and AAL and ALK and ULCC and JBLU have no P/E (earnings not positive) and are left out · hover or tap a dot for values.
Southwest Airlines Co. — questions
- What is Southwest Airlines Co.'s market cap?
- $20.4B.
- What is Southwest Airlines Co.'s P/E ratio?
- 20.4 on trailing twelve-month earnings to 2026-09-30.
- What is Southwest Airlines Co.'s price-to-sales ratio?
- 0.7.
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.