Southwest Airlines (LUV) Times Interest Earned (2009 - 2026)
Southwest Airlines' (LUV) quarterly Times Interest Earned came in at $3.1 in Q2 2026, down 27.03% YoY from $4.25 in Q2 2025, and down 49.31% on a QoQ basis from $6.11 in Q1 2026.
Southwest Airlines (LUV) Times Interest Earned (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Times Interest Earned data on file, last reported at $3.1 in Q2 2026.
- Quarterly Times Interest Earned fell 27.03% year-over-year to $3.1 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.56 (up 130.84% YoY) and the FY2025 annual result came in at $0.34, down 11.58% from the prior year.
- Times Interest Earned retreated to $3.1 in Q2 2026, from $6.11 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $9.4 in Q3 2022 to a low of -$14.95 in Q1 2023.
- A 5-year average of $0.73 and a median of $1.79 in 2023 frame the typical range for Times Interest Earned.
- Annual changes were most pronounced in 2022 — Times Interest Earned sank 1059.8% — and 2026, when it surged 226.06%.
- Tracing LUV's Times Interest Earned over 5 years: stood at -$2.81 in 2022, then jumped by 36.95% to -$1.77 in 2023, then soared by 225.51% to $2.22 in 2024, then slipped by 22.21% to $1.73 in 2025, then surged by 79.06% to $3.1 in 2026.
- The last three Times Interest Earned figures came in at $3.1 (Q2 2026), $6.11 (Q1 2026), and $1.73 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | -3.25 |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 6.25 |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 0.53 |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -0.96 |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | -9.70 |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 3.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 |
| Mar 31, 2026 | 6.11 |
| Dec 31, 2025 | 1.73 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 4.25 |
| Mar 31, 2025 | -4.85 |
| Dec 31, 2024 | 2.22 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 4.33 |
| Mar 31, 2024 | -6.05 |
| Dec 31, 2023 | -1.77 |
| Sep 30, 2023 | 1.86 |
| Jun 30, 2023 | 8.28 |
| Mar 31, 2023 | -14.95 |
| Dec 31, 2022 | -2.81 |
| Sep 30, 2022 | 9.40 |
| Jun 30, 2022 | 8.21 |
| Mar 31, 2022 | -7.55 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 26.18 |