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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Southwest Airlines (LUV) EBIT Margin (2016 - 2026)

Southwest Airlines has reported EBIT Margin over the past 18 years, most recently at 4.55% for Q1 2026.

  • Quarterly EBIT Margin rose 802.0% to 4.55% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 3.4% through Mar 2026, up 162.0% year-over-year, with the annual reading at 1.53% for FY2025, 36.0% up from the prior year.
  • EBIT Margin was 4.55% for Q1 2026 at Southwest Airlines, down from 5.25% in the prior quarter.
  • Over five years, EBIT Margin peaked at 17.21% in Q2 2022 and troughed at 6.24% in Q4 2022.
  • The 5-year median for EBIT Margin is 2.45% (2023), against an average of 2.26%.
  • Biggest five-year swings in EBIT Margin: crashed -1291bps in 2022 and later surged 993bps in 2024.
  • Tracing LUV's EBIT Margin over 5 years: stood at 6.24% in 2022, then increased by 5bps to 5.92% in 2023, then skyrocketed by 168bps to 4.01% in 2024, then soared by 31bps to 5.25% in 2025, then dropped by -13bps to 4.55% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods came in at 4.55%, 5.25%, and 0.5% for Q1 2026, Q4 2025, and Q3 2025 respectively.