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 Chart
LUV Average EV/EBITDA Ratio Chart
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
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southwest Airlines Co. (LUV) | $24.90B | 10.70x | 9.64x | 8.75x | 8.56x |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.37B | 17.12x | 12.98x | 11.99x | 11.98x |
| Everpure, Inc. (P)vs › | $24.21B | 56.22x | 72.90x | 69.13x | 72.82x |
| Venture Global, Inc. (VG)vs › | $25.65B | 10.51x | 13.80x | 15.20x | 15.20x |
| Sterling Infrastructure, Inc. (STRL)vs › | $26.61B | 45.34x | 24.10x | 15.62x | 12.20x |
| Xylem Inc. (XYL)vs › | $26.63B | 15.83x | 18.71x | 22.66x | 24.17x |
| XPO Logistics, Inc. (XPO)vs › | $23.11B | 22.40x | 19.75x | 350.21x | 216.46x |
| ATI Inc. (ATI)vs › | $26.97B | 35.81x | 23.82x | 18.12x | 17.39x |
| Hubbell Inc (HUBB)vs › | $27.38B | 20.79x | 19.57x | 18.67x | 18.36x |
| Otis Worldwide Corporation (OTIS)vs › | $27.87B | 14.67x | 18.59x | 19.12x | 18.55x |
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
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
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-24 | 10.70x |
| 2026-06-23 | 10.42x |
| 2026-06-22 | 10.26x |
| 2026-06-18 | 10.15x |
| 2026-06-17 | 9.91x |
| 2026-06-16 | 10.05x |
| 2026-06-15 | 9.80x |
| 2026-06-12 | 9.69x |
| 2026-06-11 | 9.47x |
| 2026-06-10 | 8.94x |
| 2026-06-09 | 9.26x |
| 2026-06-08 | 8.87x |
| 2026-06-05 | 8.96x |
| 2026-06-04 | 8.92x |
| 2026-06-03 | 8.84x |
| 2026-06-02 | 9.11x |
| 2026-06-01 | 9.19x |
| 2026-05-29 | 9.22x |
| 2026-05-28 | 9.29x |
| 2026-05-27 | 9.36x |
| 2026-05-26 | 9.10x |
| 2026-05-22 | 8.84x |
| 2026-05-21 | 8.82x |
| 2026-05-20 | 8.62x |
| 2026-05-19 | 8.19x |
| 2026-05-18 | 8.37x |
| 2026-05-15 | 8.40x |
| 2026-05-14 | 8.55x |
| 2026-05-13 | 8.57x |
| 2026-05-12 | 8.58x |
| 2026-05-11 | 8.68x |
| 2026-05-08 | 8.92x |
| 2026-05-07 | 8.93x |
| 2026-05-06 | 8.95x |
| 2026-05-05 | 8.62x |
| 2026-05-04 | 8.37x |
| 2026-05-01 | 8.45x |
| 2026-04-30 | 8.29x |
| 2026-04-29 | 8.16x |
| 2026-04-28 | 8.31x |
| 2026-04-27 | 8.35x |
| 2026-04-24 | 8.58x |
| 2026-04-23 | 8.26x |
| 2026-04-22 | 10.57x |
| 2026-04-21 | 10.93x |
| 2026-04-20 | 11.14x |
| 2026-04-17 | 11.35x |
| 2026-04-16 | 10.87x |
| 2026-04-15 | 11.12x |
| 2026-04-14 | 11.01x |
| 2026-04-13 | 10.59x |
| 2026-04-10 | 10.62x |
| 2026-04-09 | 10.77x |
| 2026-04-08 | 10.81x |
| 2026-04-07 | 10.22x |
| 2026-04-06 | 10.30x |
| 2026-04-02 | 10.16x |
| 2026-04-01 | 10.31x |
| 2026-03-31 | 10.15x |
| 2026-03-30 | 9.86x |
| 2026-03-27 | 10.10x |
| 2026-03-26 | 10.61x |
| 2026-03-25 | 10.76x |
| 2026-03-24 | 10.68x |
| 2026-03-23 | 10.80x |
| 2026-03-20 | 10.58x |
| 2026-03-19 | 10.92x |
| 2026-03-18 | 10.76x |
| 2026-03-17 | 10.98x |
| 2026-03-16 | 10.77x |
| 2026-03-13 | 10.43x |
| 2026-03-12 | 10.40x |
| 2026-03-11 | 11.15x |
| 2026-03-10 | 11.38x |
| 2026-03-09 | 11.42x |
| 2026-03-06 | 11.08x |
| 2026-03-05 | 11.63x |
| 2026-03-04 | 12.38x |
| 2026-03-03 | 12.52x |
| 2026-03-02 | 12.64x |
| 2026-02-27 | 12.88x |
| 2026-02-26 | 13.26x |
| 2026-02-25 | 13.02x |
| 2026-02-24 | 13.20x |
| 2026-02-23 | 13.26x |
| 2026-02-20 | 13.53x |
| 2026-02-19 | 13.53x |
| 2026-02-18 | 14.16x |
| 2026-02-17 | 14.04x |
| 2026-02-13 | 13.31x |
| 2026-02-12 | 13.24x |
| 2026-02-11 | 13.38x |
| 2026-02-10 | 13.99x |
| 2026-02-09 | 13.83x |
| 2026-02-06 | 14.04x |
| 2026-02-05 | 13.63x |
| 2026-02-04 | 13.57x |
| 2026-02-03 | 13.24x |
| 2026-02-02 | 12.87x |
| 2026-01-30 | 12.37x |
| 2026-01-29 | 12.60x |
| 2026-01-28 | 10.78x |
| 2026-01-27 | 10.90x |
| 2026-01-26 | 11.06x |
| 2026-01-23 | 11.04x |
| 2026-01-22 | 11.16x |
| 2026-01-21 | 11.25x |
| 2026-01-20 | 11.14x |
| 2026-01-16 | 11.32x |
| 2026-01-15 | 11.31x |
| 2026-01-14 | 11.18x |
| 2026-01-13 | 11.34x |
| 2026-01-12 | 11.49x |
| 2026-01-09 | 11.65x |
| 2026-01-08 | 11.27x |
| 2026-01-07 | 11.20x |
| 2026-01-06 | 11.16x |
| 2026-01-05 | 11.16x |
| 2026-01-02 | 10.89x |
| 2025-12-31 | 10.89x |
| 2025-12-30 | 10.88x |
| 2025-12-29 | 10.84x |
| 2025-12-26 | 10.88x |
| 2025-12-24 | 10.93x |
| 2025-12-23 | 10.95x |
| 2025-12-22 | 11.11x |
| 2025-12-19 | 10.88x |
| 2025-12-18 | 10.75x |
| 2025-12-17 | 10.81x |
| 2025-12-16 | 11.09x |
| 2025-12-15 | 10.99x |
| 2025-12-12 | 10.86x |
| 2025-12-11 | 10.75x |
| 2025-12-10 | 10.54x |
| 2025-12-09 | 10.14x |
| 2025-12-08 | 10.09x |
| 2025-12-05 | 10.07x |
| 2025-12-04 | 9.58x |
| 2025-12-03 | 9.55x |
| 2025-12-02 | 9.49x |
| 2025-12-01 | 9.33x |
| 2025-11-28 | 9.34x |
| 2025-11-26 | 9.40x |
| 2025-11-25 | 9.24x |
| 2025-11-24 | 8.98x |
| 2025-11-21 | 8.86x |
| 2025-11-20 | 8.47x |
| 2025-11-19 | 8.66x |
| 2025-11-18 | 8.66x |
| 2025-11-17 | 8.64x |
| 2025-11-14 | 8.87x |
| 2025-11-13 | 8.92x |
| 2025-11-12 | 8.99x |
| 2025-11-11 | 8.67x |
| 2025-11-10 | 8.83x |
| 2025-11-07 | 8.78x |
| 2025-11-06 | 8.56x |
| 2025-11-05 | 8.58x |
| 2025-11-04 | 8.12x |
| 2025-11-03 | 8.30x |
| 2025-10-31 | 8.27x |
| 2025-10-30 | 8.22x |
| 2025-10-29 | 8.36x |
| 2025-10-28 | 8.46x |
| 2025-10-27 | 8.73x |
| 2025-10-24 | 8.72x |
| 2025-10-23 | 8.59x |
| 2025-10-22 | 8.72x |
| 2025-10-21 | 8.93x |
| 2025-10-20 | 8.88x |
| 2025-10-17 | 8.66x |
| 2025-10-16 | 8.61x |
| 2025-10-15 | 8.67x |
| 2025-10-14 | 8.64x |
| 2025-10-13 | 8.28x |
| 2025-10-10 | 8.14x |
| 2025-10-09 | 8.23x |
| 2025-10-08 | 8.41x |
| 2025-10-07 | 8.40x |
| 2025-10-06 | 8.44x |
| 2025-10-03 | 8.43x |
| 2025-10-02 | 8.38x |
| 2025-10-01 | 8.37x |
| 2025-09-30 | 8.28x |
| 2025-09-29 | 8.48x |
| 2025-09-26 | 8.43x |
| 2025-09-25 | 8.29x |
| 2025-09-24 | 8.55x |
| 2025-09-23 | 8.62x |
| 2025-09-22 | 8.38x |
| 2025-09-19 | 8.43x |
| 2025-09-18 | 8.37x |
| 2025-09-17 | 8.33x |
| 2025-09-16 | 8.21x |
| 2025-09-15 | 8.17x |
| 2025-09-12 | 8.23x |
| 2025-09-11 | 8.24x |
| 2025-09-10 | 8.10x |
| 2025-09-09 | 8.07x |
| 2025-09-08 | 8.24x |
| 2025-09-05 | 8.16x |
| 2025-09-04 | 8.10x |
| 2025-09-03 | 8.38x |
| 2025-09-02 | 8.36x |
| 2025-08-29 | 8.52x |
| 2025-08-28 | 8.54x |
| 2025-08-27 | 8.58x |
| 2025-08-26 | 8.63x |
| 2025-08-25 | 8.43x |
| 2025-08-22 | 8.49x |
| 2025-08-21 | 8.09x |
| 2025-08-20 | 8.11x |
| 2025-08-19 | 8.21x |
| 2025-08-18 | 8.14x |
| 2025-08-15 | 8.19x |
| 2025-08-14 | 8.00x |
| 2025-08-13 | 8.06x |
| 2025-08-12 | 8.01x |
| 2025-08-11 | 7.62x |
| 2025-08-08 | 7.75x |
| 2025-08-07 | 7.73x |
| 2025-08-06 | 7.77x |
| 2025-08-05 | 7.82x |
| 2025-08-04 | 7.78x |
| 2025-08-01 | 7.79x |
| 2025-07-31 | 8.06x |
| 2025-07-30 | 8.00x |
| 2025-07-29 | 8.09x |
| 2025-07-28 | 8.43x |
| 2025-07-25 | 8.59x |
| 2025-07-24 | 8.60x |
| 2025-07-23 | 8.55x |
| 2025-07-22 | 8.49x |
| 2025-07-21 | 8.42x |
| 2025-07-18 | 8.34x |
| 2025-07-17 | 8.33x |
| 2025-07-16 | 8.55x |
| 2025-07-15 | 8.48x |
| 2025-07-14 | 8.61x |
| 2025-07-11 | 8.48x |
| 2025-07-10 | 8.53x |
| 2025-07-09 | 7.89x |
| 2025-07-08 | 7.76x |
| 2025-07-07 | 7.72x |
| 2025-07-03 | 7.78x |
| 2025-07-02 | 7.76x |
| 2025-07-01 | 7.63x |
| 2025-06-30 | 7.40x |
| 2025-06-27 | 7.34x |
| 2025-06-26 | 7.19x |
| 2025-06-25 | 7.15x |
| 2025-06-24 | 7.27x |
| 2025-06-23 | 7.28x |
| 2025-06-20 | 7.16x |
| 2025-06-18 | 7.11x |
| 2025-06-17 | 7.17x |
| 2025-06-16 | 7.35x |
| 2025-06-13 | 7.24x |
| 2025-06-12 | 7.44x |
| 2025-06-11 | 7.65x |
Showing the most recent 260 of 4,396 data points. The chart above shows the full history.
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