Southwest Airlines (LUV) Return on Invested Capital (2009 - 2026)

Southwest Airlines (LUV) has reported Return on Invested Capital for 18 consecutive years, with 0.0% the latest figure, recorded in Q2 2026.

• Quarterly Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.0% (changed 0.0% YoY) and the FY2025 annual result came in at 0.0%, changed 0.0% from the prior year.
• Return on Invested Capital slipped to 0.0% in Q2 2026 per LUV's latest filing, from 0.0% in the prior quarter.
• Over the last five years, Return on Invested Capital for LUV reached as high as 0.01% in Q4 2023 and fell as low as 0.0% in Q3 2024.
• A 5-year average of 0.0% and a median of 0.0% in 2023 frame the typical range for Return on Invested Capital.
• Annual changes were most pronounced in 2022 — Return on Invested Capital advanced 1 bps — and 2024, when it dropped 1 bps.
• Year by year, Return on Invested Capital stood at 0.0% in 2022, then soared by 194 bps to 0.01% in 2023, then tumbled by 95 bps to 0.0% in 2024, then soared by 149 bps to 0.0% in 2025, then jumped by 287 bps to 0.0% in 2026.
• According to Business Quant data, Return on Invested Capital over the past three periods registered 0.0%, 0.0%, and 0.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.