Southwest Airlines EV/EBIT LUV
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.
- Today, Oct 23, 2026
- 15.9×
- 10-year median
- 11.2×
- Against its 10-year history
- 59th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.7× to 82.5×
- Peer median
- 9.5×
Southwest Airlines' EV/EBIT is 15.9× as of Oct 23, 2026.
That is above its ten-year median of 11.2×, close to the middle of its last ten years.
Over that time it ranged from 4.7× in Apr 2020 to 82.5× in Oct 2020.
The median for 3 airline and airport stocks of a similar size is 9.5×.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 15.9× | 15.9× | 66.6× |
| 2025 | 58.3× | 24.5× | 58.3× |
| 2024 | 62.1× | 38.3× | 65.8× |
| 2023 | 55.5× | 9.7× | 57.1× |
| 2022 | 9.2× | 6.3× | 57.5× |
| 2021 | 52.9× | 48.1× | 67.2× |
| 2020 | 82.5× | 4.7× | 82.5× |
| 2019 | 8.9× | 8.1× | 10.2× |
| 2018 | 8.3× | 8.1× | 11.5× |
| 2017 | 11.1× | 7.7× | 11.2× |
| 2016 | 7.7× | 5.0× | 7.8× |
| 2015 | 7.4× | 7.4× | 15.2× |
| 2014 | 13.9× | 10.3× | 14.6× |
| 2013 | 12.8× | 10.8× | 18.1× |
| 2012 | 10.0× | 7.1× | 10.6× |
| 2011 | 8.7× | 4.7× | 10.7× |
| 2010 | 10.4× | 10.4× | 34.4× |
Against its peers
Companies in Airlines, Airports & Air Services nearest Southwest Airlines' size, closest first, today.
| Company | EV/EBIT |
|---|---|
| LUVSouthwest Airlines | 15.9× |
| UALUnited Airlines | 9.5× |
| DALDelta Air Lines | 11.1× |
| SKYWSkywest | 9.0× |
| Peer median | 9.5× |
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on Southwest Airlines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.