Southwest Airlines Company (LUV)
Interest coverage
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 677,000 | 615,000 | 668,000 | 895,000 | 812,000 | 208,000 | 361,000 | 774,000 | 869,000 | 872,000 | 1,004,000 | 1,176,000 | 1,029,000 | 1,446,000 | 1,724,000 | 1,216,000 | 1,757,000 | 336,000 | -1,812,000 | -3,572,000 |
| Interest expense (ttm) | US$ in thousands | 114,000 | 130,000 | 162,000 | 191,000 | 214,000 | 225,000 | 230,000 | 235,000 | 237,000 | 239,000 | 255,000 | 277,000 | 301,000 | 356,000 | 387,000 | 413,000 | 432,000 | 419,000 | 413,000 | 394,000 |
| Interest coverage | 5.94 | 4.73 | 4.12 | 4.69 | 3.79 | 0.92 | 1.57 | 3.29 | 3.67 | 3.65 | 3.94 | 4.25 | 3.42 | 4.06 | 4.45 | 2.94 | 4.07 | 0.80 | -4.39 | -9.07 |
December 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $677,000K ÷ $114,000K
= 5.94
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Southwest Airlines Company
LUV
5.94
Alaska Air Group Inc
ALK
1.47
American Airlines Group
AAL
1.11
Delta Air Lines Inc
DAL
9.69
JetBlue Airways Corp
JBLU
-0.31
SkyWest Inc
SKYW
5.86
United Airlines Holdings Inc
UAL
3.77