Southwest Airlines (LUV) Quick Ratio: History & Chart

Southwest Airlines Co.(LUV)

Airlines, Airports & Air Services · Dallas, TX

$42.68+1.13 (+2.72%)

Delayed quote: Sep 25, 2026, 4:00 PM EDT

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

73,456 employees

www.southwest.com

Industrials / Airlines, Airports & Air Services

Sector: Industrials
Industry: Airlines, Airports & Air Services
CEO: Robert E. Jordan

View full financials

LUV Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.42

QUICK RATIO (ACID-TEST) AVG TTM

0.44

QUICK RATIO (ACID-TEST) AVG 3Y

0.76

QUICK RATIO (ACID-TEST) AVG 5Y

1.08

QUICK RATIO (ACID-TEST) AVG 10Y

0.97

QUICK RATIO (ACID-TEST) AVG 15Y

0.78

QUICK RATIO (ACID-TEST) AVG 20Y

0.83

CURRENT VS TTM AVG

-3.97%

CURRENT VS 3Y AVG

-44.65%

CURRENT VS 5Y AVG

-61.17%

CURRENT VS 10Y AVG

-56.73%

CURRENT VS 15Y AVG

-46.07%

CURRENT VS 20Y AVG

-49.24%

SECTOR MEDIAN · INDUSTRIALS

1.15

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

-63.37%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Southwest Airlines Co. (LUV)	$20.88B	0.42	0.44	0.76	1.08
J.B. Hunt Transport Services, Inc. (JBHT)vs ›	$21.17B	1.26	0.92	1.14	1.26
XPO Logistics, Inc. (XPO)vs ›	$20.28B	1.01	1.06	1.05	1.05
Curtiss-Wright Corporation (CW)vs ›	$19.94B	1.12	1.09	1.19	1.17
Snap-on Incorporated (SNA)vs ›	$19.10B	2.64	3.68	3.22	2.87
MTU Aero Engines AG (MTUAY)vs ›	$22.88B	1.06	1.01	0.94	0.94
Nordson Corporation (NDSN)vs ›	$18.15B	1.18	1.28	1.20	1.45
Veralto Corporation (VLTO)vs ›	$23.68B	1.61	1.60	1.36	1.25
WESCO International, Inc. (WCC)vs ›	$17.91B	1.23	1.27	1.31	1.26
Xylem Inc. (XYL)vs ›	$23.96B	1.24	1.31	1.32	1.43

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Southwest Airlines Co. (LUV)

$20.88B

0.42

0.44

0.76

1.08

J.B. Hunt Transport Services, Inc. (JBHT)vs ›

$21.17B

1.26

0.92

1.14

1.26

XPO Logistics, Inc. (XPO)vs ›

$20.28B

1.01

1.06

1.05

Curtiss-Wright Corporation (CW)vs ›

$19.94B

1.12

1.09

1.19

1.17

Snap-on Incorporated (SNA)vs ›

$19.10B

2.64

3.68

3.22

2.87

MTU Aero Engines AG (MTUAY)vs ›

$22.88B

1.06

1.01

0.94

Nordson Corporation (NDSN)vs ›

$18.15B

1.18

1.28

1.20

1.45

Veralto Corporation (VLTO)vs ›

$23.68B

1.61

1.60

1.36

1.25

WESCO International, Inc. (WCC)vs ›

$17.91B

1.23

1.27

1.31

1.26

Xylem Inc. (XYL)vs ›

$23.96B

1.24

1.31

1.32

1.43

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The quick ratio (acid-test) for LUV stock is 0.42.

Is Southwest Airlines Co.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.42 is 61% below its 5-year average of 1.08, near the low end of its 5-year range (0.41–1.98).

What is the TTM average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The TTM average quick ratio (acid-test) for LUV stock is 0.44.

What is the 3Y average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The 3Y average quick ratio (acid-test) for LUV stock is 0.76.

What is the 5Y average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The 5Y average quick ratio (acid-test) for LUV stock is 1.08.

What is the 10Y average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The 10Y average quick ratio (acid-test) for LUV stock is 0.97.

What is the 15Y average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The 15Y average quick ratio (acid-test) for LUV stock is 0.78.

What is the 20Y average quick ratio (acid-test) for Southwest Airlines Co. (LUV)?

The 20Y average quick ratio (acid-test) for LUV stock is 0.83.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	0.42
2026-03-31	0.41
2025-12-31	0.45
2025-09-30	0.42
2025-06-30	0.49
2025-03-31	0.72
2024-12-31	0.85
2024-09-30	0.83
2024-06-30	0.85
2024-03-31	1.02
2023-12-31	1.07
2023-09-30	1.14
2023-06-30	1.19
2023-03-31	1.19
2022-12-31	1.35
2022-09-30	1.50
2022-06-30	1.59
2022-03-31	1.81
2021-12-31	1.91
2021-09-30	1.98
2021-06-30	1.50
2021-03-31	1.91
2020-12-31	1.97
2020-09-30	2.01
2020-06-30	1.65
2020-03-31	0.64
2019-12-31	0.61
2019-09-30	0.59
2019-06-30	0.59
2019-03-31	0.57
2018-12-31	0.58
2018-09-30	0.65
2018-06-30	0.64
2018-03-31	0.61
2017-12-31	0.64
2017-09-30	0.55
2017-06-30	0.56
2017-03-31	0.58
2016-12-31	0.61
2016-09-30	0.58
2016-06-30	0.53
2016-03-31	0.52
2015-12-31	0.50
2015-09-30	0.60
2015-06-30	0.62
2015-03-31	0.67
2014-12-31	0.66
2014-09-30	0.69
2014-06-30	0.69
2014-03-31	0.68
2013-12-31	0.70
2013-09-30	0.77
2013-06-30	0.76
2013-03-31	0.75
2012-12-31	0.81
2012-09-30	0.83
2012-06-30	0.84
2012-03-31	0.93
2011-12-31	0.87
2011-09-30	0.78
2011-06-30	0.95
2011-03-31	1.15
2010-12-31	1.22
2010-09-30	1.20
2010-06-30	1.12
2010-03-31	1.16
2009-12-31	1.17
2009-09-30	0.97
2009-06-30	0.94
2009-03-31	0.90
2008-12-31	0.96
2008-09-30	0.90
2008-06-30	1.03
2008-03-31	0.83
2007-12-31	0.86
2007-09-30	0.70
2007-06-30	0.76
2007-03-31	0.80
2006-12-31	0.84
2006-09-30	0.79
2006-06-30	0.89
2006-03-31	0.88
2005-12-31	0.90
2005-09-30	1.14
2005-06-30	1.06
2005-03-31	1.08
2004-12-31	0.95
2004-09-30	1.15
2004-06-30	1.02
2004-03-31	1.05
2003-12-31	1.29
2003-09-30	1.48
2003-06-30	1.50
2003-03-31	1.41
2002-12-31	1.50
2002-09-30	1.58

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

0.42

2026-03-31

0.41

2025-12-31

0.45

2025-09-30

0.42

2025-06-30

0.49

2025-03-31

0.72

2024-12-31

0.85

2024-09-30

0.83

2024-06-30

0.85

2024-03-31

1.02

2023-12-31

1.07

2023-09-30

1.14

2023-06-30

1.19

2023-03-31

1.19

2022-12-31

1.35

2022-09-30

1.50

2022-06-30

1.59

2022-03-31

1.81

2021-12-31

1.91

2021-09-30

1.98

2021-06-30

1.50

2021-03-31

1.91

2020-12-31

1.97

2020-09-30

2.01

2020-06-30

1.65

2020-03-31

0.64

2019-12-31

0.61

2019-09-30

0.59

2019-06-30

0.59

2019-03-31

0.57

2018-12-31

0.58

2018-09-30

0.65

2018-06-30

0.64

2018-03-31

0.61

2017-12-31

0.64

2017-09-30

0.55

2017-06-30

0.56

2017-03-31

0.58

2016-12-31

0.61

2016-09-30

0.58

2016-06-30

0.53

2016-03-31

0.52

2015-12-31

0.50

2015-09-30

0.60

2015-06-30

0.62

2015-03-31

0.67

2014-12-31

0.66

2014-09-30

0.69

2014-06-30

0.69

2014-03-31

0.68

2013-12-31

0.70

2013-09-30

0.77

2013-06-30

0.76

2013-03-31

0.75

2012-12-31

0.81

2012-09-30

0.83

2012-06-30

0.84

2012-03-31

0.93

2011-12-31

0.87

2011-09-30

0.78

2011-06-30

0.95

2011-03-31

1.15

2010-12-31

1.22

2010-09-30

1.20

2010-06-30

1.12

2010-03-31

1.16

2009-12-31

1.17

2009-09-30

0.97

2009-06-30

0.94

2009-03-31

0.90

2008-12-31

0.96

2008-09-30

0.90

2008-06-30

1.03

2008-03-31

0.83

2007-12-31

0.86

2007-09-30

0.70

2007-06-30

0.76

2007-03-31

0.80

2006-12-31

0.84

2006-09-30

0.79

2006-06-30

0.89

2006-03-31

0.88

2005-12-31

0.90

2005-09-30

1.14

2005-06-30

1.06

2005-03-31

1.08

2004-12-31

0.95

2004-09-30

1.15

2004-06-30

1.02

2004-03-31

1.05

2003-12-31

1.29

2003-09-30

1.48

2003-06-30

1.50

2003-03-31

1.41

2002-12-31

1.50

2002-09-30

1.58

Quick Ratio (Acid-Test): 0.42

LUV Quick Ratio

LUV Average Quick Ratio (Acid-Test) Chart

LUV Current vs Average Quick Ratio (Acid-Test) Chart

LUV Quick Ratio (Acid-Test) Metrics

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Quick Ratio (Acid-Test) FAQ

LUV Quick Ratio (Acid-Test) History

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