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Southwest Airlines Co. (LUV)
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Southwest Airlines Co. (LUV) EV/EBITDA Ratio: 10.70x

Is Southwest Airlines Co.’s EV/EBITDA ratio high or low?

Southwest Airlines Co.'s EV/EBITDA ratio of 10.70x is 17% above its 5-year average of 9.11x, around the middle of its 5-year range (5.97x–19.71x).

As of Thursday, June 25, 2026. 11.04% above its 12-month average of 9.64x.

LUV EV/EBITDA Ratio

LUV EV/EBITDA Ratio Chart

10.70x
+47.18% 1Y
LUV EV/EBITDA Ratio

LUV Average EV/EBITDA Ratio Chart

LUV EV/EBITDA Ratio

LUV Current vs Average EV/EBITDA Ratio Chart

LUV EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

10.70x

EV/EBITDA RATIO AVG TTM

9.64x

EV/EBITDA RATIO AVG 3Y

8.75x

EV/EBITDA RATIO AVG 5Y

8.56x

EV/EBITDA RATIO AVG 10Y

7.79x

EV/EBITDA RATIO AVG 15Y

7.63x

EV/EBITDA RATIO AVG 20Y

7.84x

CURRENT VS TTM AVG

+11.04%

CURRENT VS 3Y AVG

+22.30%

CURRENT VS 5Y AVG

+24.97%

CURRENT VS 10Y AVG

+37.42%

CURRENT VS 15Y AVG

+40.26%

CURRENT VS 20Y AVG

+36.49%

LUV Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Southwest Airlines Co. (LUV)$24.90B10.70x9.64x8.75x8.56x
J.B. Hunt Transport Services, Inc. (JBHT)vs ›$25.37B17.12x12.98x11.99x11.98x
Everpure, Inc. (P)vs ›$24.21B56.22x72.90x69.13x72.82x
Venture Global, Inc. (VG)vs ›$25.65B10.51x13.80x15.20x15.20x
Sterling Infrastructure, Inc. (STRL)vs ›$26.61B45.34x24.10x15.62x12.20x
Xylem Inc. (XYL)vs ›$26.63B15.83x18.71x22.66x24.17x
XPO Logistics, Inc. (XPO)vs ›$23.11B22.40x19.75x350.21x216.46x
ATI Inc. (ATI)vs ›$26.97B35.81x23.82x18.12x17.39x
Hubbell Inc (HUBB)vs ›$27.38B20.79x19.57x18.67x18.36x
Otis Worldwide Corporation (OTIS)vs ›$27.87B14.67x18.59x19.12x18.55x

EV/EBITDA vs. its own history

At 10.7, EV/EBITDA is richer than usual, sitting higher than 82% of its 20-year history.

20-year low

3.9

median

7.9

20-year high

564.5

cheaperricher

Southwest Airlines Co. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Southwest Airlines Co. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The EV/EBITDA ratio for LUV stock is 10.70x.
Is Southwest Airlines Co.'s EV/EBITDA ratio high or low?
Southwest Airlines Co.'s EV/EBITDA ratio of 10.70x is 17% above its 5-year average of 9.11x, around the middle of its 5-year range (5.97x–19.71x).
What is the TTM average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The TTM average EV/EBITDA ratio for LUV stock is 9.64x.
What is the 3Y average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The 3Y average EV/EBITDA ratio for LUV stock is 8.75x.
What is the 5Y average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The 5Y average EV/EBITDA ratio for LUV stock is 8.56x.
What is the 10Y average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The 10Y average EV/EBITDA ratio for LUV stock is 7.79x.
What is the 15Y average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The 15Y average EV/EBITDA ratio for LUV stock is 7.63x.
What is the 20Y average EV/EBITDA ratio for Southwest Airlines Co. (LUV)?
The 20Y average EV/EBITDA ratio for LUV stock is 7.84x.

Southwest Airlines Co. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-2410.70x
2026-06-2310.42x
2026-06-2210.26x
2026-06-1810.15x
2026-06-179.91x
2026-06-1610.05x
2026-06-159.80x
2026-06-129.69x
2026-06-119.47x
2026-06-108.94x
2026-06-099.26x
2026-06-088.87x
2026-06-058.96x
2026-06-048.92x
2026-06-038.84x
2026-06-029.11x
2026-06-019.19x
2026-05-299.22x
2026-05-289.29x
2026-05-279.36x
2026-05-269.10x
2026-05-228.84x
2026-05-218.82x
2026-05-208.62x
2026-05-198.19x
2026-05-188.37x
2026-05-158.40x
2026-05-148.55x
2026-05-138.57x
2026-05-128.58x
2026-05-118.68x
2026-05-088.92x
2026-05-078.93x
2026-05-068.95x
2026-05-058.62x
2026-05-048.37x
2026-05-018.45x
2026-04-308.29x
2026-04-298.16x
2026-04-288.31x
2026-04-278.35x
2026-04-248.58x
2026-04-238.26x
2026-04-2210.57x
2026-04-2110.93x
2026-04-2011.14x
2026-04-1711.35x
2026-04-1610.87x
2026-04-1511.12x
2026-04-1411.01x
2026-04-1310.59x
2026-04-1010.62x
2026-04-0910.77x
2026-04-0810.81x
2026-04-0710.22x
2026-04-0610.30x
2026-04-0210.16x
2026-04-0110.31x
2026-03-3110.15x
2026-03-309.86x
2026-03-2710.10x
2026-03-2610.61x
2026-03-2510.76x
2026-03-2410.68x
2026-03-2310.80x
2026-03-2010.58x
2026-03-1910.92x
2026-03-1810.76x
2026-03-1710.98x
2026-03-1610.77x
2026-03-1310.43x
2026-03-1210.40x
2026-03-1111.15x
2026-03-1011.38x
2026-03-0911.42x
2026-03-0611.08x
2026-03-0511.63x
2026-03-0412.38x
2026-03-0312.52x
2026-03-0212.64x
2026-02-2712.88x
2026-02-2613.26x
2026-02-2513.02x
2026-02-2413.20x
2026-02-2313.26x
2026-02-2013.53x
2026-02-1913.53x
2026-02-1814.16x
2026-02-1714.04x
2026-02-1313.31x
2026-02-1213.24x
2026-02-1113.38x
2026-02-1013.99x
2026-02-0913.83x
2026-02-0614.04x
2026-02-0513.63x
2026-02-0413.57x
2026-02-0313.24x
2026-02-0212.87x
2026-01-3012.37x
2026-01-2912.60x
2026-01-2810.78x
2026-01-2710.90x
2026-01-2611.06x
2026-01-2311.04x
2026-01-2211.16x
2026-01-2111.25x
2026-01-2011.14x
2026-01-1611.32x
2026-01-1511.31x
2026-01-1411.18x
2026-01-1311.34x
2026-01-1211.49x
2026-01-0911.65x
2026-01-0811.27x
2026-01-0711.20x
2026-01-0611.16x
2026-01-0511.16x
2026-01-0210.89x
2025-12-3110.89x
2025-12-3010.88x
2025-12-2910.84x
2025-12-2610.88x
2025-12-2410.93x
2025-12-2310.95x
2025-12-2211.11x
2025-12-1910.88x
2025-12-1810.75x
2025-12-1710.81x
2025-12-1611.09x
2025-12-1510.99x
2025-12-1210.86x
2025-12-1110.75x
2025-12-1010.54x
2025-12-0910.14x
2025-12-0810.09x
2025-12-0510.07x
2025-12-049.58x
2025-12-039.55x
2025-12-029.49x
2025-12-019.33x
2025-11-289.34x
2025-11-269.40x
2025-11-259.24x
2025-11-248.98x
2025-11-218.86x
2025-11-208.47x
2025-11-198.66x
2025-11-188.66x
2025-11-178.64x
2025-11-148.87x
2025-11-138.92x
2025-11-128.99x
2025-11-118.67x
2025-11-108.83x
2025-11-078.78x
2025-11-068.56x
2025-11-058.58x
2025-11-048.12x
2025-11-038.30x
2025-10-318.27x
2025-10-308.22x
2025-10-298.36x
2025-10-288.46x
2025-10-278.73x
2025-10-248.72x
2025-10-238.59x
2025-10-228.72x
2025-10-218.93x
2025-10-208.88x
2025-10-178.66x
2025-10-168.61x
2025-10-158.67x
2025-10-148.64x
2025-10-138.28x
2025-10-108.14x
2025-10-098.23x
2025-10-088.41x
2025-10-078.40x
2025-10-068.44x
2025-10-038.43x
2025-10-028.38x
2025-10-018.37x
2025-09-308.28x
2025-09-298.48x
2025-09-268.43x
2025-09-258.29x
2025-09-248.55x
2025-09-238.62x
2025-09-228.38x
2025-09-198.43x
2025-09-188.37x
2025-09-178.33x
2025-09-168.21x
2025-09-158.17x
2025-09-128.23x
2025-09-118.24x
2025-09-108.10x
2025-09-098.07x
2025-09-088.24x
2025-09-058.16x
2025-09-048.10x
2025-09-038.38x
2025-09-028.36x
2025-08-298.52x
2025-08-288.54x
2025-08-278.58x
2025-08-268.63x
2025-08-258.43x
2025-08-228.49x
2025-08-218.09x
2025-08-208.11x
2025-08-198.21x
2025-08-188.14x
2025-08-158.19x
2025-08-148.00x
2025-08-138.06x
2025-08-128.01x
2025-08-117.62x
2025-08-087.75x
2025-08-077.73x
2025-08-067.77x
2025-08-057.82x
2025-08-047.78x
2025-08-017.79x
2025-07-318.06x
2025-07-308.00x
2025-07-298.09x
2025-07-288.43x
2025-07-258.59x
2025-07-248.60x
2025-07-238.55x
2025-07-228.49x
2025-07-218.42x
2025-07-188.34x
2025-07-178.33x
2025-07-168.55x
2025-07-158.48x
2025-07-148.61x
2025-07-118.48x
2025-07-108.53x
2025-07-097.89x
2025-07-087.76x
2025-07-077.72x
2025-07-037.78x
2025-07-027.76x
2025-07-017.63x
2025-06-307.40x
2025-06-277.34x
2025-06-267.19x
2025-06-257.15x
2025-06-247.27x
2025-06-237.28x
2025-06-207.16x
2025-06-187.11x
2025-06-177.17x
2025-06-167.35x
2025-06-137.24x
2025-06-127.44x
2025-06-117.65x

Showing the most recent 260 of 4,396 data points. The chart above shows the full history.

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