Southwest Airlines Co. (LUV) Current Ratio: 0.52
Is Southwest Airlines Co.’s current ratio high or low?
Southwest Airlines Co.'s current ratio of 0.52 is 61% below its 5-year average of 1.33, near the low end of its 5-year range (0.52–2.02).
As of Thursday, June 25, 2026. 27.78% below its 12-month average of 0.72.
LUV Current Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
LUV Average Current Ratio Chart
LUV Current vs Average Current Ratio Chart
LUV Current Ratio Metrics
CURRENT RATIO
0.52
CURRENT RATIO AVG TTM
0.72
CURRENT RATIO AVG 3Y
1.00
CURRENT RATIO AVG 5Y
1.33
CURRENT RATIO AVG 10Y
1.02
CURRENT RATIO AVG 15Y
0.85
CURRENT RATIO AVG 20Y
0.89
CURRENT VS TTM AVG
-27.78%
CURRENT VS 3Y AVG
-48.13%
CURRENT VS 5Y AVG
-61.00%
CURRENT VS 10Y AVG
-48.97%
CURRENT VS 15Y AVG
-38.77%
CURRENT VS 20Y AVG
-41.64%
LUV Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southwest Airlines Co. (LUV) | $24.90B | 0.52 | 0.72 | 1.00 | 1.33 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.37B | 0.83 | 0.95 | 1.16 | 1.28 |
| Venture Global, Inc. (VG)vs › | $25.65B | 0.93 | 1.11 | 1.40 | 1.40 |
| Everpure, Inc. (P)vs › | $24.06B | 1.60 | 1.60 | 1.62 | 1.75 |
| Xylem Inc. (XYL)vs › | $26.63B | 1.63 | 1.69 | 1.76 | 1.85 |
| XPO Logistics, Inc. (XPO)vs › | $23.11B | 1.05 | 1.06 | 1.05 | 1.05 |
| ATI Inc. (ATI)vs › | $26.97B | 2.66 | 2.55 | 2.62 | 2.72 |
| Sterling Infrastructure, Inc. (STRL)vs › | $27.38B | 1.01 | 1.19 | 1.24 | 1.22 |
| Hubbell Inc (HUBB)vs › | $27.38B | 1.72 | 1.68 | 1.71 | 1.72 |
| Otis Worldwide Corporation (OTIS)vs › | $27.87B | 0.85 | 0.92 | 0.93 | 1.00 |
Liquidity Analysis
Current Ratio
0.52
Quick Ratio
0.45
Southwest Airlines Co. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Southwest Airlines Co. Current Ratio FAQ
- What is the current ratio for Southwest Airlines Co. (LUV)?
- The current ratio for LUV stock is 0.52.
- Is Southwest Airlines Co.'s current ratio high or low?
- Southwest Airlines Co.'s current ratio of 0.52 is 61% below its 5-year average of 1.33, near the low end of its 5-year range (0.52–2.02).
- What is the TTM average current ratio for Southwest Airlines Co. (LUV)?
- The TTM average current ratio for LUV stock is 0.72.
- What is the 3Y average current ratio for Southwest Airlines Co. (LUV)?
- The 3Y average current ratio for LUV stock is 1.00.
- What is the 5Y average current ratio for Southwest Airlines Co. (LUV)?
- The 5Y average current ratio for LUV stock is 1.33.
- What is the 10Y average current ratio for Southwest Airlines Co. (LUV)?
- The 10Y average current ratio for LUV stock is 1.02.
- What is the 15Y average current ratio for Southwest Airlines Co. (LUV)?
- The 15Y average current ratio for LUV stock is 0.85.
- What is the 20Y average current ratio for Southwest Airlines Co. (LUV)?
- The 20Y average current ratio for LUV stock is 0.89.
Southwest Airlines Co. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 0.52 |
| 2024-12-31 | 0.92 |
| 2023-12-31 | 1.14 |
| 2022-12-31 | 1.43 |
| 2021-12-31 | 1.97 |
| 2020-12-31 | 2.02 |
| 2019-12-31 | 0.67 |
| 2018-12-31 | 0.64 |
| 2017-12-31 | 0.70 |
| 2016-12-31 | 0.66 |
| 2015-12-31 | 0.54 |
| 2014-12-31 | 0.72 |
| 2013-12-31 | 0.79 |
| 2012-12-31 | 0.91 |
| 2011-12-31 | 0.96 |
| 2010-12-31 | 1.29 |
| 2009-12-31 | 1.25 |
| 2008-12-31 | 1.03 |
| 2007-12-31 | 0.92 |
| 2006-12-31 | 0.90 |
| 2005-12-31 | 0.94 |
| 2004-12-31 | 1.01 |
| 2003-12-31 | 1.34 |
| 2002-12-31 | 1.56 |
| 2001-12-31 | 1.13 |
| 2000-12-31 | 0.64 |
| 1999-12-31 | 0.66 |
| 1998-12-31 | 0.67 |
| 1997-12-31 | 0.93 |
| 1996-12-31 | 0.98 |
Related Metrics
About Southwest Airlines Co.
Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- Robert E. Jordan