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Southwest Airlines (DE:SWN)
XETRA:SWN
Germany Market

Southwest Airlines (SWN) Ratios

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Southwest Airlines Ratios

DE:SWN's free cash flow for Q3 2025 was $0.17. For the 2025 fiscal year, DE:SWN's free cash flow was decreased by $ and operating cash flow was $0.01. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.49 1.14 1.43 1.97 2.02
Quick Ratio
0.42 1.07 1.35 1.91 1.97
Cash Ratio
0.23 0.76 0.91 1.36 1.47
Solvency Ratio
0.10 0.08 0.08 0.09 -0.07
Operating Cash Flow Ratio
0.18 0.26 0.37 0.25 -0.15
Short-Term Operating Cash Flow Coverage
88.00 109.10 14.19 3.36 -2.14
Net Current Asset Value
$ -15.14B$ -12.02B$ -9.87B$ -7.87B$ -10.54B
Leverage Ratios
Debt-to-Assets Ratio
0.19 0.25 0.27 0.34 0.35
Debt-to-Equity Ratio
0.68 0.88 0.88 1.18 1.37
Debt-to-Capital Ratio
0.40 0.47 0.47 0.54 0.58
Long-Term Debt-to-Capital Ratio
0.34 0.43 0.46 0.49 0.52
Financial Leverage Ratio
3.64 3.47 3.31 3.49 3.90
Debt Service Coverage Ratio
13.76 8.39 3.86 2.39 -1.81
Interest Coverage Ratio
2.42 0.95 3.38 3.99 -12.15
Debt to Market Cap
0.19 0.46 0.47 0.42 0.39
Interest Debt Per Share
9.83 15.91 16.41 21.47 22.15
Net Debt to EBITDA
1.22 -0.02 -0.03 -0.07 -0.42
Profitability Margins
Gross Profit Margin
16.74%16.19%19.95%26.06%-20.89%
EBIT Margin
2.23%3.33%4.32%11.12%-43.57%
EBITDA Margin
8.03%9.16%9.99%19.18%-29.83%
Operating Profit Margin
1.14%0.86%4.27%10.90%-42.18%
Pretax Profit Margin
1.76%2.43%3.06%8.39%-47.04%
Net Profit Margin
1.38%1.78%2.26%6.19%-33.97%
Continuous Operations Profit Margin
1.38%1.78%2.26%6.19%-33.97%
Net Income Per EBT
78.14%73.46%74.04%73.74%72.23%
EBT Per EBIT
153.97%282.59%71.58%76.99%111.53%
Return on Assets (ROA)
1.34%1.27%1.52%2.69%-8.89%
Return on Equity (ROE)
4.27%4.42%5.04%9.38%-34.63%
Return on Capital Employed (ROCE)
1.82%0.92%4.07%6.34%-14.09%
Return on Invested Capital (ROIC)
1.39%0.67%2.95%4.50%-9.84%
Return on Tangible Assets
1.40%1.32%1.57%2.76%-9.14%
Earnings Yield
1.68%2.71%2.70%3.85%-11.67%
Efficiency Ratios
Receivables Turnover
24.64 22.85 22.90 11.64 8.01
Payables Turnover
45.61 82.52 35.97 9.11 11.75
Inventory Turnover
28.96 27.10 24.13 21.74 26.42
Fixed Asset Turnover
1.32 1.27 1.27 0.96 0.51
Asset Turnover
0.97 0.72 0.67 0.43 0.26
Working Capital Turnover Ratio
-5.30 8.51 3.58 1.91 3.86
Cash Conversion Cycle
19.41 25.02 20.92 8.08 28.33
Days of Sales Outstanding
14.81 15.98 15.94 31.37 45.58
Days of Inventory Outstanding
12.60 13.47 15.13 16.79 13.82
Days of Payables Outstanding
8.00 4.42 10.15 40.08 31.07
Operating Cycle
27.41 29.45 31.07 48.16 59.40
Cash Flow Ratios
Operating Cash Flow Per Share
3.69 5.32 6.39 3.92 -1.99
Free Cash Flow Per Share
-0.46 -0.65 -0.26 3.06 -2.91
CapEx Per Share
4.15 5.97 6.65 0.86 0.91
Free Cash Flow to Operating Cash Flow
-0.12 -0.12 -0.04 0.78 1.46
Dividend Paid and CapEx Coverage Ratio
0.76 0.79 0.96 4.54 -1.60
Capital Expenditure Coverage Ratio
0.89 0.89 0.96 4.54 -2.19
Operating Cash Flow Coverage Ratio
0.38 0.34 0.40 0.19 -0.09
Operating Cash Flow to Sales Ratio
0.07 0.12 0.16 0.15 -0.12
Free Cash Flow Yield
-1.17%-2.26%-0.78%7.14%-6.24%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
59.66 36.95 37.04 25.96 -8.57
Price-to-Sales (P/S) Ratio
0.77 0.66 0.84 1.61 2.91
Price-to-Book (P/B) Ratio
2.91 1.63 1.87 2.44 2.97
Price-to-Free Cash Flow (P/FCF) Ratio
-85.35 -44.17 -127.99 14.00 -16.04
Price-to-Operating Cash Flow Ratio
11.17 5.43 5.27 10.92 -23.37
Price-to-Earnings Growth (PEG) Ratio
-10.44 -3.36 -0.83 -0.20 0.04
Price-to-Fair Value
2.91 1.63 1.87 2.44 2.97
Enterprise Value Multiple
10.87 7.16 8.36 8.31 -10.18
Enterprise Value
24.04B 17.12B 19.91B 25.16B 27.47B
EV to EBITDA
10.87 7.16 8.36 8.31 -10.18
EV to Sales
0.87 0.66 0.84 1.59 3.04
EV to Free Cash Flow
-96.18 -44.02 -127.60 13.89 -16.73
EV to Operating Cash Flow
11.88 5.41 5.25 10.84 -24.38
Tangible Book Value Per Share
11.88 15.54 15.89 15.45 13.47
Shareholders’ Equity Per Share
14.19 17.67 18.02 17.59 15.71
Tax and Other Ratios
Effective Tax Rate
0.22 0.27 0.26 0.26 0.28
Revenue Per Share
50.28 43.85 40.16 26.67 16.01
Net Income Per Share
0.69 0.78 0.91 1.65 -5.44
Tax Burden
0.78 0.73 0.74 0.74 0.72
Interest Burden
0.79 0.73 0.71 0.75 1.08
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.14 0.15 0.14 0.20
Stock-Based Compensation to Revenue
0.00 0.00 <0.01 <0.01 <0.01
Income Quality
5.34 6.80 7.03 2.38 0.37
Currency in USD