LUV Southwest Airlines PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: LUV
- PE Ratio
The current P/E ratio for Southwest Airlines stock as of May 30, 2025 is 37.09. This is calculated based on the TTM EPS of $0.9 and the stock price of $33.38 per share.
LUV PE ratio history
The average historical PE ratio of Southwest Airlines for the last ten years is 29.06. The current price-to-earnings ratio of 37.09 is 28% more than the historical average. Analyzing the last ten years, LUV's PE ratio reached its highest point in the Jun 2024 quarter at 238.42, when the price was $28.61 and the EPS was $0.12. The lowest point was recorded in the Jun 2018 quarter, when it reached 8.68 with a price of $50.88 and an EPS of $5.86.
Southwest Airlines PE ratio by year
Maximum annual increase: 77.75% in 2011
Maximum annual decrease: -76.18% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 43.1 | 16.39% | $33.62 | $0.78 |
| 2023 | 37.03 | 0.08% | $28.88 | $0.78 |
| 2022 | 37 | 42.53% | $33.67 | $0.91 |
| 2021 | 25.96 | N/A | $42.84 | $1.65 |
| 2020 | N/A | N/A | $46.61 | -$5.44 |
| 2019 | 12.61 | 16.65% | $53.98 | $4.28 |
| 2018 | 10.81 | -7.84% | $46.48 | $4.3 |
| 2017 | 11.73 | -18.09% | $65.45 | $5.58 |
| 2016 | 14.32 | 9.73% | $49.84 | $3.48 |
| 2015 | 13.05 | -49.12% | $43.06 | $3.3 |
| 2014 | 25.65 | 44.34% | $42.32 | $1.65 |
| 2013 | 17.77 | -2.84% | $18.84 | $1.06 |
| 2012 | 18.29 | -50.86% | $10.24 | $0.56 |
| 2011 | 37.22 | 77.75% | $8.56 | $0.23 |
| 2010 | 20.94 | -76.18% | $12.98 | $0.62 |
Southwest Airlines PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 37.31 | -13.43% | $33.58 | $0.9 |
| Dec 2024 | 43.1 | N/A | $33.62 | $0.78 |
| Sep 2024 | N/A | N/A | $29.63 | -$0.09 |
| Jun 2024 | 238.42 | 439.05% | $28.61 | $0.12 |
| Mar 2024 | 44.23 | 19.44% | $29.19 | $0.66 |
| Dec 2023 | 37.03 | 13.55% | $28.88 | $0.78 |
| Sep 2023 | 32.61 | -11.75% | $27.07 | $0.83 |
| Jun 2023 | 36.95 | 27.19% | $36.21 | $0.98 |
| Mar 2023 | 29.05 | -21.49% | $32.54 | $1.12 |
| Dec 2022 | 37 | 67.95% | $33.67 | $0.91 |
| Sep 2022 | 22.03 | 2.47% | $30.84 | $1.4 |
| Jun 2022 | 21.5 | -53.99% | $36.12 | $1.68 |
| Mar 2022 | 46.73 | 80.01% | $45.8 | $0.98 |
| Dec 2021 | 25.96 | N/A | $42.84 | $1.65 |
| Sep 2021 | N/A | N/A | $51.43 | -$0.01 |
LUV Price vs fair value
LUV average PE ratio chart
LUV's current PE ratio is higher than the 10-year average, but it is under its 3 and 5-year averages.
LUV PE vs peers
When compared to its peer stocks DAL and UAL, LUV's PE ratio is higher. Southwest Airlines's current PE ratio of 37.09 is in line with the average of its peers, which is 11.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UAL United Airlines Holdings Inc | 7.14 | $25.95B |
| DAL Delta Air Lines Inc | 8.49 | $31.6B |
| AAL American Airlines Group Inc | 10.97 | $7.53B |
| SKYW Skywest Inc | 11.27 | $4.11B |
| ALK Alaska Air Group Inc | 18.06 | $6.18B |
| LUV Southwest Airlines Co | 37.09 | $19.02B |
| JBLU Jetblue Airways Corp | N/A | $1.79B |
| ALGT Allegiant Travel CO | N/A | $1.01B |
Frequently asked questions
What is Southwest Airlines's PE ratio?
The price to earnings ratio for LUV stock as of May 30, 2025, stands at 37.09.
What is the 3-year average PE ratio for Southwest Airlines (LUV)?
The average PE ratio for LUV stock over the past 3 years is 52.66.
What is the 5-year average PE ratio for Southwest Airlines (LUV)?
The average PE ratio for LUV stock over the past 5 years is 52.52.
What is the highest PE ratio for LUV?
The highest quarterly PE ratio in the last ten years has been 238.42 and it was in the Jun 2024 quarter.
How does the current PE ratio for LUV compare to its historical average?
The current PE ratio of LUV is 28% higher than the 10-year historical average.
How is LUV's PE ratio calculated (Southwest Airlines PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 30, 2025), Southwest Airlines's share price is $33.38. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.9. Therefore, Southwest Airlines's price to earnings ratio for today is 37.09. PE RATIO(37.09) = STOCK PRICE($33.38) / TTM EPS($0.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.