Southwest Airlines (LUV) Enterprise Value (2009 - 2026)

Southwest Airlines (LUV) has reported Enterprise Value for 18 consecutive years, with $21.4 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Enterprise Value rose 61.87% year-over-year to $21.4 billion; the trailing twelve-month figure through Jun 2026 stood at $21.4 billion (up 61.87% YoY), and the FY2025 full-year result was $17.1 billion, up 52.45% from the prior year.
• Enterprise Value rose to $21.4 billion in Q2 2026 per LUV's latest filing, from $15.0 billion in the prior quarter.
• Across five years, Enterprise Value topped out at $21.4 billion in Q2 2026 and bottomed at $4.4 billion in Q3 2023.
• Historically, Enterprise Value has averaged $10.0 billion across 5 years, with a median of $8.9 billion in 2023.
• The sharpest annual moves came in 2022 and 2024: Enterprise Value slumped 67.88% in 2022, then surged 94.53% in 2024.
• Over 5 years, Enterprise Value stood at $7.7 billion in 2022, then dropped by 25.4% to $5.8 billion in 2023, then soared by 94.53% to $11.2 billion in 2024, then soared by 52.45% to $17.1 billion in 2025, then increased by 25.12% to $21.4 billion in 2026.
• According to Business Quant data, Enterprise Value over the past three periods registered $21.4 billion, $15.0 billion, and $17.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.