Southwest Airlines (LUV) EV to CFO (2009 - 2026)
Southwest Airlines' (LUV) EV to CFO was 8.44 for Q2 2026, up 18.4% from 7.13 a year earlier and up 34.8% from the prior quarter.
Powered by 
Analysis
Southwest Airlines (LUV) EV to CFO (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Southwest Airlines' EV to CFO came in at 4.66; for FY2025, it was 9.27, down 61.8% from FY2024.
- By year, EV to CFO came in at 24.24 in FY2024, 1.82 in FY2023 (-10.6%), 2.04 in FY2022 (-52.1%) and 4.25 in FY2021.
- Five-year quarterly EV to CFO spans a low of 1.33 in Q3 2023 and a high of 24.24 in Q4 2024.
- Year over year, EV to CFO gained in two of the last six quarters, with growth averaging 3.5%.
- The high point for year-over-year EV to CFO in five years was Q1 2025 (growth of 158.2%); the low point was Q2 2022 (a decline of 87.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.26 (Q1 2026), 9.26 (Q4 2025) and 6.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 171.08 Bn | 165.61 Bn | - |
| 2 | Csx | 89.23 Bn | 85.43 Bn | - |
| 3 | United Parcel Service | 84.19 Bn | 61.08 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.85 Bn | 76.87 Bn | - |
| 5 | Norfolk Southern | 73.42 Bn | 68.06 Bn | - |
| 6 | Fedex | 70.89 Bn | 36.84 Bn | - |
| 7 | Delta Air Lines | 51.06 Bn | 33.24 Bn | - |
| 8 | Old Dominion Freight Line | 39.16 Bn | 38.42 Bn | - |
| 9 | United Airlines Holdings | 32.57 Bn | -23.80 Bn | - |
| 10 | Southwest Airlines | 19.67 Bn | 6.31 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.44 |
| Mar 31, 2026 | 6.26 |
| Dec 31, 2025 | 9.26 |
| Sep 30, 2025 | 6.66 |
| Jun 30, 2025 | 7.13 |
| Mar 31, 2025 | 7.63 |
| Dec 31, 2024 | 24.24 |
| Sep 30, 2024 | 20.41 |
| Jun 30, 2024 | 7.81 |
| Mar 31, 2024 | 2.96 |
| Dec 31, 2023 | 1.82 |
| Sep 30, 2023 | 1.33 |
| Jun 30, 2023 | 3.20 |
| Mar 31, 2023 | 2.25 |
| Dec 31, 2022 | 2.04 |
| Sep 30, 2022 | 1.34 |
| Jun 30, 2022 | 1.89 |
| Mar 31, 2022 | 4.15 |
| Dec 31, 2021 | 4.25 |
| Sep 30, 2021 | 9.76 |
API Access
Southwest Airlines EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();