PE Ratio: 28.87

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 28.87 is 43% below its 5-year average of 50.85, near the low end of its 5-year range (19.64–260.42).

As of Monday, August 10, 2026. 37.87% below its 12-month average of 46.47.

PE Ratio (28.87) = Close Price ($47.05) / Diluted TTM EPS ($1.63)

LUV PE Ratio Metrics

P/E vs. its own history

At 28.9, P/E is above its 20-year median — higher than 70% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Southwest Airlines Co. (LUV)?

The P/E ratio for LUV stock is 28.87.

Is Southwest Airlines Co.'s P/E ratio high or low?

The P/E ratio of 28.87 is 43% below its 5-year average of 50.85, near the low end of its 5-year range (19.64–260.42).

What is the TTM average P/E ratio for Southwest Airlines Co. (LUV)?

The TTM average P/E ratio for LUV stock is 46.47.

What is the 3Y average P/E ratio for Southwest Airlines Co. (LUV)?

The 3Y average P/E ratio for LUV stock is 42.22.

What is the 5Y average P/E ratio for Southwest Airlines Co. (LUV)?

The 5Y average P/E ratio for LUV stock is 38.68.

What is the 10Y average P/E ratio for Southwest Airlines Co. (LUV)?

The 10Y average P/E ratio for LUV stock is 25.87.

What is the 15Y average P/E ratio for Southwest Airlines Co. (LUV)?

The 15Y average P/E ratio for LUV stock is 24.20.

What is the 20Y average P/E ratio for Southwest Airlines Co. (LUV)?

The 20Y average P/E ratio for LUV stock is 23.89.

Showing the most recent 260 of 4,510 data points. The chart above shows the full history.

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