Growth Metrics

Southwest Airlines (LUV) Equity Ratio (2016 - 2026)

Southwest Airlines has reported Equity Ratio over the past 18 years, most recently at 0.23 for Q1 2026.

  • Quarterly Equity Ratio fell 16.94% to 0.23 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.23 through Mar 2026, down 16.94% year-over-year, with the annual reading at 0.27 for FY2025, 10.45% down from the prior year.
  • Equity Ratio was 0.23 for Q1 2026 at Southwest Airlines, down from 0.27 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.31 in Q4 2024 and troughed at 0.23 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.29 (2023), against an average of 0.29.
  • Biggest five-year swings in Equity Ratio: rose 14.49% in 2022 and later decreased 16.94% in 2026.
  • Tracing LUV's Equity Ratio over 5 years: stood at 0.3 in 2022, then decreased by 4.62% to 0.29 in 2023, then increased by 6.41% to 0.31 in 2024, then fell by 10.45% to 0.27 in 2025, then decreased by 14.72% to 0.23 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods came in at 0.23, 0.27, and 0.27 for Q1 2026, Q4 2025, and Q3 2025 respectively.