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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) FCF Margin (2016 - 2026)

Southwest Airlines has reported FCF Margin over the past 18 years, most recently at 10.87% for Q1 2026.

  • Quarterly FCF Margin rose 569.0% to 10.87% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 7.67% through Mar 2026, down 736.0% year-over-year, with the annual reading at 2.96% for FY2025, 283.0% up from the prior year.
  • FCF Margin was 10.87% for Q1 2026 at Southwest Airlines, up from 31.95% in the prior quarter.
  • Over five years, FCF Margin peaked at 28.28% in Q2 2022 and troughed at 31.95% in Q4 2025.
  • The 5-year median for FCF Margin is 3.56% (2022), against an average of 3.09%.
  • Biggest five-year swings in FCF Margin: surged 1882bps in 2022 and later tumbled -3218bps in 2025.
  • Tracing LUV's FCF Margin over 5 years: stood at 3.47% in 2022, then skyrocketed by 61bps to 5.58% in 2023, then crashed by -96bps to 0.23% in 2024, then plummeted by -13940bps to 31.95% in 2025, then skyrocketed by 134bps to 10.87% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods came in at 10.87%, 31.95%, and 5.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.