Growth Metrics

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

Southwest Airlines has reported Return on Invested Capital over the past 18 years, most recently at 0.08% for Q1 2026.

  • Quarterly Return on Invested Capital rose 5.0% to 0.08% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.08% through Mar 2026, up 5.0% year-over-year, with the annual reading at 0.02% for FY2025, 0.0% changed from the prior year.
  • Return on Invested Capital was 0.08% for Q1 2026 at Southwest Airlines, up from 0.03% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.11% in Q2 2022 and troughed at 0.01% in Q3 2024.
  • The 5-year median for Return on Invested Capital is 0.04% (2025), against an average of 0.05%.
  • Biggest five-year swings in Return on Invested Capital: soared 31bps in 2022 and later dropped -8bps in 2023.
  • Tracing LUV's Return on Invested Capital over 5 years: stood at 0.07% in 2022, then crashed by -78bps to 0.02% in 2023, then rose by 8bps to 0.02% in 2024, then surged by 96bps to 0.03% in 2025, then soared by 136bps to 0.08% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods came in at 0.08%, 0.03%, and 0.03% for Q1 2026, Q4 2025, and Q3 2025 respectively.