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LUVSouthwest Airlines Co.

Quick Ratio (Acid-Test): 0.41

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.41 is 64% below its 5-year average of 1.15, near the low end of its 5-year range (0.41–1.98).

As of Thursday, June 25, 2026. 17.05% below its 12-month average of 0.50.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

LUV Quick Ratio

0.41

Reported quarterly quick ratio; no daily interpolation.

-72.59% 5Y
LUV Quick Ratio (Acid-Test)

LUV Average Quick Ratio (Acid-Test) Chart

LUV Quick Ratio (Acid-Test)

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

LUV Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.41

QUICK RATIO (ACID-TEST) AVG TTM

0.50

QUICK RATIO (ACID-TEST) AVG 3Y

0.82

QUICK RATIO (ACID-TEST) AVG 5Y

1.15

QUICK RATIO (ACID-TEST) AVG 10Y

0.97

QUICK RATIO (ACID-TEST) AVG 15Y

0.79

QUICK RATIO (ACID-TEST) AVG 20Y

0.83

CURRENT VS TTM AVG

-17.05%

CURRENT VS 3Y AVG

-49.67%

CURRENT VS 5Y AVG

-64.27%

CURRENT VS 10Y AVG

-57.67%

CURRENT VS 15Y AVG

-47.99%

CURRENT VS 20Y AVG

-50.59%

LUV Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Southwest Airlines Co. (LUV)$24.90B0.410.500.821.15
J.B. Hunt Transport Services, Inc. (JBHT)vs ›$25.37B0.810.921.141.26
Everpure, Inc. (P)vs ›$24.21B1.561.571.581.72
Venture Global, Inc. (VG)vs ›$25.65B0.871.051.361.36
Sterling Infrastructure, Inc. (STRL)vs ›$26.61B1.011.191.241.22
Xylem Inc. (XYL)vs ›$26.63B1.281.311.321.43
XPO Logistics, Inc. (XPO)vs ›$23.11B1.051.061.051.05
ATI Inc. (ATI)vs ›$26.97B1.271.291.361.43
Hubbell Inc (HUBB)vs ›$27.38B1.000.991.041.07
Otis Worldwide Corporation (OTIS)vs ›$27.87B0.770.840.850.91

Liquidity Comparison

Quick Ratio

0.41

Excludes inventory

Current Ratio

0.52

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

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 0.41.
Is Southwest Airlines Co.'s quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.41 is 64% below its 5-year average of 1.15, 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 0.50.
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 0.82.
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 1.15.
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 0.79.
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.

LUV Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.41
2025-12-310.45
2025-09-300.42
2025-06-300.49
2025-03-310.72
2024-12-310.85
2024-09-300.83
2024-06-300.85
2024-03-311.02
2023-12-311.07
2023-09-301.14
2023-06-301.19
2023-03-311.19
2022-12-311.35
2022-09-301.50
2022-06-301.59
2022-03-311.81
2021-12-311.91
2021-09-301.98
2021-06-301.50
2021-03-311.91
2020-12-311.97
2020-09-302.01
2020-06-301.65
2020-03-310.64
2019-12-310.61
2019-09-300.59
2019-06-300.59
2019-03-310.57
2018-12-310.58
2018-09-300.65
2018-06-300.64
2018-03-310.61
2017-12-310.64
2017-09-300.55
2017-06-300.56
2017-03-310.58
2016-12-310.61
2016-09-300.58
2016-06-300.53
2016-03-310.52
2015-12-310.50
2015-09-300.60
2015-06-300.62
2015-03-310.67
2014-12-310.66
2014-09-300.69
2014-06-300.69
2014-03-310.68
2013-12-310.70
2013-09-300.77
2013-06-300.76
2013-03-310.75
2012-12-310.81
2012-09-300.83
2012-06-300.84
2012-03-310.93
2011-12-310.87
2011-09-300.78
2011-06-300.95
2011-03-311.15
2010-12-311.22
2010-09-301.20
2010-06-301.12
2010-03-311.16
2009-12-311.17
2009-09-300.97
2009-06-300.94
2009-03-310.90
2008-12-310.96
2008-09-300.90
2008-06-301.03
2008-03-310.83
2007-12-310.86
2007-09-300.70
2007-06-300.76
2007-03-310.80
2006-12-310.84
2006-09-300.79
2006-06-300.89
2006-03-310.88
2005-12-310.90
2005-09-301.14
2005-06-301.06
2005-03-311.08
2004-12-310.95
2004-09-301.15
2004-06-301.02
2004-03-311.05
2003-12-311.29
2003-09-301.48
2003-06-301.50
2003-03-311.41
2002-12-311.50
2002-09-301.58
2002-06-301.42

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll 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.

Dallas, TX
71,506 employees
www.southwest.com
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Robert E. Jordan
View full financials