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Southwest Airlines (LUV) Free Cash Flow (2016 - 2025)

Southwest Airlines (LUV) has disclosed Free Cash Flow for 17 consecutive years, with -$2.4 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow fell 14968.75% year-over-year to -$2.4 billion, compared with a TTM value of -$831.0 million through Dec 2025, down 39.2%, and an annual FY2025 reading of -$831.0 million, up 47.8% over the prior year.
  • Free Cash Flow was -$2.4 billion for Q4 2025 at Southwest Airlines, down from $287.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $1.9 billion in Q2 2021 and bottomed at -$3.1 billion in Q4 2023.
  • Average Free Cash Flow over 5 years is -$78.0 million, with a median of $173.5 million recorded in 2021.
  • Peak annual rise in Free Cash Flow hit 3210.34% in 2025, while the deepest fall reached 14968.75% in 2025.
  • Year by year, Free Cash Flow stood at $244.0 million in 2021, then crashed by 418.44% to -$777.0 million in 2022, then tumbled by 295.37% to -$3.1 billion in 2023, then skyrocketed by 100.52% to $16.0 million in 2024, then plummeted by 14968.75% to -$2.4 billion in 2025.
  • Business Quant data shows Free Cash Flow for LUV at -$2.4 billion in Q4 2025, $287.0 million in Q3 2025, and $902.0 million in Q2 2025.