Valuation Southwest Airlines Co.

Stocks

Real-time Estimate Cboe BZX 13:49:54 2026-11-05 EST			5-day change	1st Jan Change
43.96 ^USD	-5.30%		+0.41%	+6.12%

10-30	Alaska Air to cut about 200 jobs as fuel shock squeezes earnings	RE
10-28	As Iran war drags on, airlines pull back on fuel hedges and warn on fares	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,358	19,992	17,216	20,163	21,374	22,727	-	-
Change	-	-21.16%	-13.88%	17.12%	6.01%	6.33%	-	-
Enterprise Value (EV) ¹	20,581	15,788	13,749	18,137	23,044	27,319	27,404	27,007
Change	-	-23.29%	-12.91%	31.92%	27.05%	18.55%	0.31%	-1.45%
P/E	26.6x	38.7x	35.7x	44.2x	52.3x	18.7x	11x	8.92x
PBR	2.44x	1.87x	1.63x	1.93x	2.8x	2.98x	2.43x	1.95x
PEG	-	-0.8x	-5.18x	-7.16x	13.25x	0x	0.2x	0.4x
Capitalization / Revenue	1.61x	0.84x	0.66x	0.73x	0.76x	0.68x	0.63x	0.62x
EV / Revenue	1.3x	0.66x	0.53x	0.66x	0.82x	0.81x	0.77x	0.73x
EV / EBITDA	-2,287x	6.39x	5.68x	8.58x	11x	7.95x	6.24x	5.07x
EV / EBIT	-16.1x	14.1x	15.3x	39.7x	42.8x	15.1x	10.6x	7.78x
EV / FCF	11.3x	-118x	-38.6x	-11.4x	-27.7x	99.8x	31.6x	20.3x
FCF Yield	8.83%	-0.85%	-2.59%	-8.78%	-3.61%	1%	3.16%	4.92%
Dividend per Share ²	-	-	0.72	0.72	0.72	0.72	0.7546	0.79
Rate of return	-	-	2.49%	2.14%	1.74%	1.55%	1.63%	1.7%
EPS ²	1.61	0.87	0.81	0.76	0.79	2.484	4.202	5.205
Distribution rate	-	-	88.9%	94.7%	91.1%	29%	18%	15.2%
Net sales ¹	15,790	23,814	26,091	27,483	28,063	33,533	35,804	36,829
EBITDA ¹	-9	2,471	2,422	2,114	2,099	3,436	4,392	5,324
EBIT ¹	-1,281	1,120	900	457	539	1,813	2,592	3,470
Net income ¹	977	539	498	465	441	1,160	2,031	2,487
Net Debt ¹	-4,777	-4,204	-3,467	-2,026	1,670	4,592	4,677	4,280
Reference price ²	42.84	33.67	28.88	33.62	41.33	46.42	46.42	46.42
Nbr of stocks (in thousands)	591,920	593,752	596,115	599,737	517,155	489,602	-	-
Announcement Date	1/27/22	1/26/23	1/25/24	1/30/25	1/28/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SOUTHWEST AIRLINES CO.	18.69x	0.81x	7.95x	1.55%	22.73B
DELTA AIR LINES, INC.	18.02x	0.96x	8.59x	0.88%	58.4B
UNITED AIRLINES HOLDINGS, INC.	13.61x	0.8x	7.99x	-.--%	37.61B
RYANAIR HOLDINGS PLC	14.8x	1.5x	6.95x	1.61%	29.79B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.5x	0.83x	4.02x	2.04%	25.53B
INTERGLOBE AVIATION LIMITED	123.07x	2.23x	13.74x	0.06%	21.03B
SINGAPORE AIRLINES LIMITED	31.32x	1.1x	6x	3.42%	16.79B
AIR CHINA LIMITED	-10.28x	1.65x	13.32x	-.--%	16.68B
LATAM AIRLINES GROUP S.A.	9.63x	1.13x	4.77x	3.41%	13.83B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-12.87x	1.54x	10.38x	-.--%	12.02B
Average	21.45x	1.26x	8.37x	1.3%	25.44B
Weighted average by Cap.	21.89x	1.17x	8.24x	1.15%