Southwest Airlines Co. (LUV) Free Cash Flow (FCF): $-401.00M
The free cash flow (FCF) for Southwest Airlines Co. (LUV) is $-401.00M. It is above its 12-month average by 0.82% ($-404.33M).
LUV Free Cash Flow (FCF TTM) Chart
Rolling trailing-12-month free cash flow from quarterly statements; no daily interpolation.
LUV Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
LUV Average Free Cash Flow (FCF) Chart
LUV Current vs Average Free Cash Flow (FCF) Chart
LUV Free Cash Flow (FCF) Metrics
FREE CASH FLOW (FCF)
$-401.00M
FREE CASH FLOW (FCF) AVG TTM
$-404.33M
FREE CASH FLOW (FCF) AVG 3Y
$-831.57M
FREE CASH FLOW (FCF) AVG 5Y
$-249.36M
FREE CASH FLOW (FCF) AVG 10Y
$706.24M
FREE CASH FLOW (FCF) AVG 15Y
$798.06M
FREE CASH FLOW (FCF) AVG 20Y
$702.13M
CURRENT VS TTM AVG
+0.82%
CURRENT VS 3Y AVG
+51.78%
CURRENT VS 5Y AVG
-60.81%
CURRENT VS 10Y AVG
-156.78%
CURRENT VS 15Y AVG
-150.25%
CURRENT VS 20Y AVG
-157.11%
FCF Analysis
Free Cash Flow (TTM)
$-401.00M
FCF Yield
N/A
Price/FCF
N/A
Formula: FCF = Operating Cash Flow - Capital Expenditures
Why FCF matters:
- Shows actual cash available (not accounting earnings)
- Funds dividends, buybacks, and debt reduction
- Less susceptible to accounting manipulation than net income
- Key metric for DCF valuation models
Southwest Airlines Co. Free Cash Flow (FCF) Formula & Definition
Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Southwest Airlines Co. Free Cash Flow (FCF) FAQ
- What is the free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The free cash flow (FCF) for LUV stock is $-401.00M.
- What is the TTM average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The TTM average free cash flow (FCF) for LUV stock is $-404.33M.
- What is the 3Y average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The 3Y average free cash flow (FCF) for LUV stock is $-831.57M.
- What is the 5Y average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The 5Y average free cash flow (FCF) for LUV stock is $-249.36M.
- What is the 10Y average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The 10Y average free cash flow (FCF) for LUV stock is $706.24M.
- What is the 15Y average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The 15Y average free cash flow (FCF) for LUV stock is $798.06M.
- What is the 20Y average free cash flow (FCF) for Southwest Airlines Co. (LUV)?
- The 20Y average free cash flow (FCF) for LUV stock is $702.13M.
Southwest Airlines Co. Free Cash Flow (FCF) History
| DATE | FREE CASH FLOW (FCF) |
|---|---|
| 2026-03-31 | $-401.00M |
| 2025-09-30 | $-250.00M |
| 2025-03-31 | $-562.00M |
| 2024-09-30 | $-1.93B |
| 2024-03-31 | $-740.00M |
| 2023-09-30 | $-882.00M |
| 2023-03-31 | $-1.06B |
| 2022-09-30 | $692.00M |
| 2022-03-31 | $1.82B |
| 2021-09-30 | $1.06B |
| 2021-03-31 | $-492.00M |
| 2020-09-30 | $-393.00M |
| 2020-03-31 | $1.41B |
| 2019-09-30 | $2.84B |
| 2019-03-31 | $3.29B |
| 2018-09-30 | $2.50B |
| 2018-03-31 | $1.09B |
| 2017-09-30 | $1.65B |
| 2017-03-31 | $2.14B |
| 2016-09-30 | $1.64B |
| 2016-03-31 | $1.41B |
| 2015-09-30 | $1.32B |
| 2015-03-31 | $1.22B |
| 2014-09-30 | $1.21B |
| 2014-03-31 | $1.31B |
| 2013-09-30 | $1.03B |
| 2013-03-31 | $68.00M |
| 2012-09-30 | $864.00M |
| 2012-03-31 | $572.00M |
| 2011-09-30 | $576.00M |
| 2011-03-31 | $1.75B |
| 2010-09-30 | $1.28B |
| 2010-03-31 | $434.00M |
| 2009-09-30 | $-2.68B |
| 2009-03-31 | $-2.84B |
| 2008-09-30 | $1.00B |
| 2008-03-31 | $1.82B |
| 2007-09-30 | $560.00M |
| 2007-03-31 | $-190.00M |
| 2006-09-30 | $73.00M |
| 2006-03-31 | $1.04B |
| 2005-09-30 | $705.00M |
| 2005-03-31 | $-212.00M |
| 2004-09-30 | $-253.00M |
| 2004-03-31 | $81.00M |
| 2003-09-30 | $74.28M |
| 2003-03-31 | $7.68M |
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