Southwest Airlines Company (LUV)
Profitability ratios
Return on sales
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | 17.44% | 16.22% | 16.19% | 19.95% | 26.06% |
| Operating profit margin | 1.53% | 1.17% | 0.86% | 4.27% | 10.90% |
| Pretax margin | 2.01% | 2.18% | 2.43% | 3.06% | 8.39% |
| Net profit margin | 1.57% | 1.69% | 1.78% | 2.26% | 6.19% |
Return on investment
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.47% | 0.95% | 0.61% | 2.88% | 4.74% |
| Return on assets (ROA) | 1.52% | 1.38% | 1.27% | 1.52% | 2.69% |
| Return on total capital | 8.47% | 7.85% | 8.26% | 9.63% | 16.86% |
| Return on equity (ROE) | 5.53% | 4.49% | 4.42% | 5.04% | 9.38% |