Growth Metrics

Southwest Airlines (LUV) FCF Payout Ratio (2016 - 2026)

Southwest Airlines has reported FCF Payout Ratio over the past 16 years, most recently at 0.12 for Q1 2026.

  • Quarterly FCF Payout Ratio fell 63.27% to 0.12 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.17 through Mar 2026, up 95.47% year-over-year, with the annual reading at 0.48 for FY2025, 77.77% down from the prior year.
  • FCF Payout Ratio was 0.12 for Q1 2026 at Southwest Airlines, up from 0.48 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 0.35 in Q1 2023 and troughed at 0.95 in Q3 2023.
  • The 4-year median for FCF Payout Ratio is 0.31 (2024), against an average of 0.22.
  • Biggest five-year swings in FCF Payout Ratio: tumbled 190.38% in 2024 and later soared 202.67% in 2025.
  • Tracing LUV's FCF Payout Ratio over 4 years: stood at 0.95 in 2023, then soared by 93.4% to 0.06 in 2024, then tumbled by 673.4% to 0.48 in 2025, then surged by 124.42% to 0.12 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods came in at 0.12, 0.48, and 0.44 for Q1 2026, Q3 2025, and Q2 2025 respectively.