Southwest Airlines (LUV) Times Interest Earned (2009 - 2026)
Southwest Airlines (LUV) reported Times Interest Earned of $6.11 for Q1 2026, up 226.06% on a YoY basis from $1.87 in Q1 2025, and down 26.54% quarter-over-quarter from $8.32 in Q4 2025.
Southwest Airlines (LUV) Times Interest Earned (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Times Interest Earned for 18 years, with the latest figure at $6.11 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned rose 226.06% year-over-year to $6.11; the trailing twelve-month figure through Mar 2026 stood at $5.61 (up 162.59% YoY), and the FY2025 full-year result was $2.56, up 98.8% from the prior year.
- Times Interest Earned for Q1 2026 stood at $6.11, down from $8.32 in the prior quarter.
- The five-year high for Times Interest Earned was $12.45 in Q2 2022, with the low at -$6.12 in Q4 2023.
- Historically, Times Interest Earned has averaged $2.08 across 5 years, with a median of $1.86 in 2023.
- Annual changes were most pronounced in 2022 — Times Interest Earned plunged 460.03% — and 2026, when it surged 226.06%.
- Southwest Airlines' Times Interest Earned stood at -$5.66 in 2022, then decreased by 8.11% to -$6.12 in 2023, then surged by 178.3% to $4.79 in 2024, then surged by 73.56% to $8.32 in 2025, then retreated by 26.54% to $6.11 in 2026.
- The last three Times Interest Earned figures came in at $6.11 (Q1 2026), $8.32 (Q4 2025), and $1.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 1.10 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 6.11 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -7.63 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -3.67 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.06 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 0.28 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -1.56 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 2.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.11 |
| Dec 31, 2025 | 8.32 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 5.77 |
| Mar 31, 2025 | -4.85 |
| Dec 31, 2024 | 4.79 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 6.32 |
| Mar 31, 2024 | -6.05 |
| Dec 31, 2023 | -6.12 |
| Sep 30, 2023 | 1.86 |
| Jun 30, 2023 | 12.23 |
| Mar 31, 2023 | -4.30 |
| Dec 31, 2022 | -5.66 |
| Sep 30, 2022 | 4.59 |
| Jun 30, 2022 | 12.45 |
| Mar 31, 2022 | -1.62 |
| Dec 31, 2021 | 1.57 |
| Sep 30, 2021 | 6.37 |
| Jun 30, 2021 | 5.12 |