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LUVSouthwest Airlines Co.

Enterprise Value (EV): $27.53B

The enterprise value (EV) is $27.53B as of Thursday, June 25, 2026.

LUV Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$27.53B

LUV Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Southwest Airlines Co. (LUV)$25.46B$27.53B
J.B. Hunt Transport Services, Inc. (JBHT)vs ›$25.90B$20.86B
Venture Global, Inc. (VG)vs ›$25.97B$49.09B
Symbotic Inc. (SYM)vs ›$26.16B$30.27B
XPO Logistics, Inc. (XPO)vs ›$23.90B$20.43B
Sterling Infrastructure, Inc. (STRL)vs ›$27.06B$9.31B
Everpure, Inc. (P)vs ›$23.83B$22.61B
ATI Inc. (ATI)vs ›$27.24B$17.70B
nVent Electric plc (NVT)vs ›$27.80B$18.04B
Xylem Inc. (XYL)vs ›$27.81B$33.73B

Enterprise Value Calculation

Market Cap

$25.46B

+

Total Debt

$4.90B

Cash

$2.83B

=

Enterprise Value

$27.53B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Southwest Airlines Co. (LUV)?
The enterprise value (EV) for LUV stock is $27.53B.

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.

Dallas, TX
71,506 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Robert E. Jordan