Southwest Airlines Company (LUV)

Interest coverage

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 676,000 812,000 869,000 1,029,000 1,756,000
Interest expense US$ in thousands 113,000 214,000 236,000 301,000 431,000
Interest coverage 5.98 3.79 3.68 3.42 4.07

December 31, 2025 calculation

Interest coverage = EBIT ÷ Interest expense
= $676,000K ÷ $113,000K
= 5.98