The current P/E ratio for Southwest Airlines stock as of May 6, 2025 is 33.16. This is calculated based on the TTM EPS of $0.9 and the stock price of $29.84 per share.
The average historical PE ratio of Southwest Airlines for the last ten years is 29.06. The current price-to-earnings ratio of 33.16 is 14% 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.
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 |
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's current PE ratio is higher than the 10-year average, but it is under its 3 and 5-year averages.
When compared to its peer stocks DAL and UAL, LUV's PE ratio is higher. Southwest Airlines's current PE ratio of 33.16 is in line with the average of its peers, which is 10.18.
Stock name | PE ratio | Market cap |
---|---|---|
UAL United Airlines Holdings Inc | 6.61 | $24.01B |
DAL Delta Air Lines Inc | 7.86 | $29.26B |
AAL American Airlines Group Inc | 10.03 | $6.88B |
SKYW Skywest Inc | 10.45 | $3.81B |
ALK Alaska Air Group Inc | 15.96 | $6.15B |
LUV Southwest Airlines Co | 33.16 | $17B |
JBLU Jetblue Airways Corp | N/A | $1.56B |
ALGT Allegiant Travel CO | N/A | $906.09M |
The price to earnings ratio for LUV stock as of May 6, 2025, stands at 33.16.
The average PE ratio for LUV stock over the past 3 years is 52.66.
The average PE ratio for LUV stock over the past 5 years is 52.52.
The highest quarterly PE ratio in the last ten years has been 238.42 and it was in the Jun 2024 quarter.
The current PE ratio of LUV is 14% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 6, 2025), Southwest Airlines's share price is $29.84. 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 33.16. PE RATIO(33.16) = STOCK PRICE($29.84) / TTM EPS($0.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.