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Southwest Airlines (LUV) Debt Ratio (2016 - 2025)

Southwest Airlines (LUV) has disclosed Debt Ratio for 17 consecutive years, with 0.17 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 15.04% year-over-year to 0.17, compared with a TTM value of 0.17 through Dec 2025, down 15.04%, and an annual FY2025 reading of 0.17, down 15.04% over the prior year.
  • Debt Ratio was 0.17 for Q4 2025 at Southwest Airlines, up from 0.14 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.3 in Q3 2021 and bottomed at 0.14 in Q2 2025.
  • Average Debt Ratio over 5 years is 0.22, with a median of 0.22 recorded in 2024.
  • The sharpest move saw Debt Ratio rose 2.32% in 2024, then crashed 36.44% in 2025.
  • Year by year, Debt Ratio stood at 0.3 in 2021, then dropped by 22.57% to 0.23 in 2022, then decreased by 4.03% to 0.22 in 2023, then fell by 9.55% to 0.2 in 2024, then fell by 15.04% to 0.17 in 2025.
  • Business Quant data shows Debt Ratio for LUV at 0.17 in Q4 2025, 0.14 in Q3 2025, and 0.14 in Q2 2025.