Growth Metrics

Southwest Airlines (LUV) Return on Capital Employed (2016 - 2026)

Southwest Airlines has reported Return on Capital Employed over the past 18 years, most recently at 0.06% for Q1 2026.

  • Quarterly Return on Capital Employed rose 3.0% to 0.06% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.06% through Mar 2026, up 3.0% year-over-year, with the annual reading at 0.02% for FY2025, 1.0% up from the prior year.
  • Return on Capital Employed was 0.06% for Q1 2026 at Southwest Airlines, up from 0.02% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 0.07% in Q2 2022 and troughed at 0.01% in Q3 2024.
  • The 5-year median for Return on Capital Employed is 0.02% (2025), against an average of 0.03%.
  • Biggest five-year swings in Return on Capital Employed: rose 18bps in 2022 and later dropped -5bps in 2023.
  • Tracing LUV's Return on Capital Employed over 5 years: stood at 0.04% in 2022, then crashed by -77bps to 0.01% in 2023, then soared by 54bps to 0.01% in 2024, then soared by 71bps to 0.02% in 2025, then soared by 143bps to 0.06% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods came in at 0.06%, 0.02%, and 0.02% for Q1 2026, Q4 2025, and Q3 2025 respectively.