Growth Metrics

Southwest Airlines (LUV) Net Margin (2016 - 2025)

Southwest Airlines (LUV) has disclosed Net Margin for 12 consecutive years, with 45.11% as the latest value for Q4 2020.

  • For the quarter ending Q4 2020, Net Margin fell 5406.0% year-over-year to 45.11%, compared with a TTM value of 44.26% through Sep 2021, down 4829.0%, and an annual FY2025 reading of 1.57%, down 12.0% over the prior year.
  • Net Margin was 45.11% for Q4 2020 at Southwest Airlines, down from 2.23% in the prior quarter.
  • Across five years, Net Margin topped out at 24.22% in Q2 2016 and bottomed at 45.11% in Q4 2020.
  • Average Net Margin over 5 years is 9.07%, with a median of 12.36% recorded in 2018.
  • The sharpest move saw Net Margin surged 510bps in 2016, then crashed -5406bps in 2020.
  • Year by year, Net Margin stood at 14.03% in 2016, then decreased by -1bps to 13.96% in 2017, then grew by 3bps to 14.32% in 2018, then plummeted by -37bps to 8.95% in 2019, then crashed by -604bps to 45.11% in 2020.
  • Business Quant data shows Net Margin for LUV at 45.11% in Q4 2020, 2.23% in Q3 2020, and 2.18% in Q2 2020.