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 Aug 4, 2025 is 43.12. This is calculated based on the TTM EPS of $0.69 and the stock price of $29.75 per share.
LUV PE ratio history
The average historical PE ratio of Southwest Airlines for the last ten years is 30.03. The current price-to-earnings ratio of 43.12 is 44% 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 |
|---|---|---|---|---|
| Jun 2025 | 47.01 | 26% | $32.44 | $0.69 |
| 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 |
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 43.12 is in line with the average of its peers, which is 11.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 7.62 | $34.51B |
| UAL United Airlines Holdings Inc | 8.67 | $28.39B |
| SKYW Skywest Inc | 10.82 | $4.41B |
| AAL American Airlines Group Inc | 13.52 | $7.67B |
| ALK Alaska Air Group Inc | 18.82 | $6.44B |
| LUV Southwest Airlines Co | 43.36 | $15.71B |
| JBLU Jetblue Airways Corp | N/A | $1.57B |
| ALGT Allegiant Travel CO | N/A | $881.34M |
Frequently asked questions
What is Southwest Airlines's PE ratio?
The price to earnings ratio for LUV stock as of Aug 4, 2025, stands at 43.12.
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 54.98.
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 49.92.
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 44% 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 (Aug 4, 2025), Southwest Airlines's share price is $29.75. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $0.69. Therefore, Southwest Airlines's price to earnings ratio for today is 43.12. PE RATIO(43.12) = STOCK PRICE($29.75) / TTM EPS($0.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.