Southwest Airlines Company (LUV)

Working capital 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
Total current assets US$ in thousands 5,645,000 11,274,000 13,955,000 14,808,000 18,036,000
Total current liabilities US$ in thousands 10,921,000 12,276,000 12,256,000 10,378,000 9,164,000
Working capital turnover — — 15.36 5.38 1.78

December 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $28,063,000K ÷ ($5,645,000K – $10,921,000K)
= —