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LUVSouthwest Airlines Co.

Is the P/E ratio high or low?

The P/E ratio of 63.52 is 67% above its 4-year average of 38.10, near the high end of its 4-year range (25.96–63.52).

As of Friday, June 26, 2026. 38.22% above its 12-month average of 45.95.

PE Ratio (63.52) = Close Price ($52.09) / Diluted TTM EPS ($0.82)

LUV PE Ratio

LUV PE Ratio Chart

50.40

Reported annual fiscal-period values; no daily interpolation.

+286.21% 10Y
LUV PE Ratio

LUV Average PE Ratio Chart

LUV PE Ratio

LUV Current vs Average PE Ratio Chart

LUV PE Ratio Metrics

PE RATIO

63.52

PE RATIO AVG TTM

45.95

PE RATIO AVG 3Y

41.14

PE RATIO AVG 5Y

38.10

PE RATIO AVG 10Y

25.22

PE RATIO AVG 15Y

24.80

PE RATIO AVG 20Y

24.76

CURRENT VS TTM AVG

+38.22%

CURRENT VS 3Y AVG

+54.40%

CURRENT VS 5Y AVG

+66.70%

CURRENT VS 10Y AVG

+151.87%

CURRENT VS 15Y AVG

+156.09%

CURRENT VS 20Y AVG

+156.53%

LUV Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Southwest Airlines Co. (LUV)$25.42B63.5245.9541.1438.10
Symbotic Inc. (SYM)vs ›$26.16BN/A7.0313.5013.50
Venture Global, Inc. (VG)vs ›$26.45B12.0317.6019.0419.04
ATI Inc. (ATI)vs ›$26.89B66.0640.6026.2993.80
XPO Logistics, Inc. (XPO)vs ›$23.86B69.5357.7876.9850.93
Everpure, Inc. (P)vs ›$23.83B108.61171.10266.81296.19
Sterling Infrastructure, Inc. (STRL)vs ›$27.06B78.8842.3328.9322.08
Hubbell Inc (HUBB)vs ›$27.61B31.6628.7928.0227.83
Curtiss-Wright Corporation (CW)vs ›$27.72B56.2048.8135.6730.51
nVent Electric plc (NVT)vs ›$27.80B57.3031.9624.925759655357706928.00

P/E vs. its own history

At 63.5, P/E is richer than usual, sitting higher than 97% of its 29-year history.

29-year low

10.8

median

24.3

29-year high

87.9

cheaperricher

P/E Comparison

Trailing P/E

63.5

Forward P/E

N/A

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$52.09

÷

Forward EPS (Est.)

$4.55

=

Forward P/E

N/A

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

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 63.52.
Is Southwest Airlines Co.'s P/E ratio high or low?
The P/E ratio of 63.52 is 67% above its 4-year average of 38.10, near the high end of its 4-year range (25.96–63.52).
What is the TTM average P/E ratio for Southwest Airlines Co. (LUV)?
The TTM average P/E ratio for LUV stock is 45.95.
What is the 3Y average P/E ratio for Southwest Airlines Co. (LUV)?
The 3Y average P/E ratio for LUV stock is 41.14.
What is the 5Y average P/E ratio for Southwest Airlines Co. (LUV)?
The 5Y average P/E ratio for LUV stock is 38.10.
What is the 10Y average P/E ratio for Southwest Airlines Co. (LUV)?
The 10Y average P/E ratio for LUV stock is 25.22.
What is the 15Y average P/E ratio for Southwest Airlines Co. (LUV)?
The 15Y average P/E ratio for LUV stock is 24.80.
What is the 20Y average P/E ratio for Southwest Airlines Co. (LUV)?
The 20Y average P/E ratio for LUV stock is 24.76.

LUV PE Ratio History

DATEPE RATIO
2025-12-3150.40
2024-12-3141.51
2023-12-3135.65
2022-12-3137.00
2021-12-3125.96
2019-12-3112.61
2018-12-3110.81
2017-12-3111.28
2016-12-3113.92
2015-12-3113.05
2014-12-3125.65
2013-12-3117.77
2012-12-3118.29
2011-12-3137.22
2010-12-3120.94
2009-12-3187.92
2008-12-3135.92
2007-12-3114.35
2006-12-3124.32
2005-12-3123.81
2004-12-3140.70
2003-12-3128.32
2002-12-3157.92
2001-12-3127.58
2000-12-3127.59
1999-12-3117.06
1998-12-3117.38
1997-12-3116.98
1996-12-3116.11

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