Southwest Airlines Company (LUV)

Fixed asset turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 28,063,000 27,483,000 26,091,000 23,814,000 15,790,000
Property, plant and equipment US$ in thousands 21,334,000 20,425,000 20,598,000 18,736,000 16,432,000
Fixed asset turnover 1.32 1.35 1.27 1.27 0.96

December 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $28,063,000K ÷ $21,334,000K
= 1.32