Southwest Airlines Company (LUV)

Fixed asset turnover

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Revenue (ttm) US$ in thousands 28,063,000 27,551,000 27,472,000 27,582,000 27,483,000 27,376,000 27,031,000 26,714,000 26,091,000 25,440,000 25,135,000 24,826,000 23,814,000 22,693,000 21,152,000 18,432,000 15,790,000 12,752,000 9,866,000 6,866,000
Property, plant and equipment US$ in thousands 21,334,000 20,874,000 20,644,000 20,460,000 20,425,000 20,874,000 20,363,000 18,596,000 18,024,000 18,736,000 17,199,000 16,452,000 14,937,000 16,432,000 16,667,000 17,211,000 15,648,000
Fixed asset turnover 1.32 1.32 1.33 1.35 1.35 1.31 1.25 1.35 1.38 1.27 1.32 1.29 1.23 0.96 0.77 0.57 0.44

December 31, 2025 calculation

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