Southwest Airlines Company (LUV)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.44% | 16.74% | 16.64% | 17.05% | 16.23% | 14.47% | 14.49% | 15.64% | 16.18% | 17.69% | 18.46% | 19.49% | 19.95% | 20.37% | 22.71% | 21.89% | 26.07% | 20.31% | 2.76% | -26.43% |
| Operating profit margin | 1.53% | 1.14% | 1.16% | 1.78% | 1.17% | -1.32% | -1.04% | 0.43% | 0.86% | 0.96% | 2.07% | 3.56% | 4.27% | 7.04% | 9.15% | 7.44% | 10.90% | 2.81% | -18.10% | -51.08% |
| Pretax margin | 2.01% | 1.76% | 1.84% | 2.55% | 2.18% | -0.06% | 0.48% | 2.02% | 2.42% | 2.49% | 2.98% | 3.62% | 3.06% | 4.80% | 6.32% | 4.36% | 8.39% | -0.65% | -22.55% | -57.76% |
| Net profit margin | 1.57% | 1.38% | 1.43% | 1.98% | 1.69% | -0.18% | 0.28% | 1.47% | 1.78% | 1.95% | 2.31% | 2.65% | 2.26% | 3.64% | 4.71% | 3.17% | 6.19% | 0.02% | -16.23% | -41.71% |
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.47% | 1.11% | 1.11% | 1.48% | 0.95% | -1.04% | -0.79% | 0.32% | 0.61% | 0.66% | 1.43% | 2.49% | 2.88% | 4.44% | 5.05% | 3.68% | 4.74% | 0.96% | -4.67% | -9.88% |
| Return on assets (ROA) | 1.52% | 1.34% | 1.37% | 1.64% | 1.37% | -0.14% | 0.22% | 1.09% | 1.27% | 1.34% | 1.59% | 1.85% | 1.52% | 2.30% | 2.60% | 1.57% | 2.69% | 0.01% | -4.19% | -8.07% |
| Return on total capital | 8.48% | 7.91% | 8.35% | 9.56% | 7.85% | 2.00% | 3.45% | 7.59% | 8.26% | 7.89% | 9.31% | 11.42% | 9.63% | 13.24% | 15.50% | 11.67% | 16.87% | 3.28% | -18.70% | -39.28% |
| Return on equity (ROE) | 5.53% | 4.87% | 4.90% | 5.83% | 4.48% | -0.47% | 0.74% | 3.85% | 4.42% | 4.50% | 5.39% | 6.39% | 5.04% | 7.57% | 8.96% | 5.61% | 9.39% | 0.02% | -16.53% | -31.50% |