Valuation Southwest Airlines Co.

Equities

Market Closed - Nyse Other stock markets 16:00:02 2025-12-11 EST			5-day change	1st Jan Change
40.74 ^USD	+2.28%		+13.77%	+21.18%

12-11	Southwest CEO expects Boeing MAX 7 to be certified around August 2026	RE
12-11	Southwest CEO expects to start flying 737 Max 7 during the first quarter of 2027	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	27,513	25,358	19,992	17,216	20,163	21,069	-	-
Change	-	-7.83%	-21.16%	-13.88%	17.12%	4.49%	-	-
Enterprise Value (EV) ¹	24,510	20,581	15,788	13,749	18,137	23,001	23,482	23,343
Change	-	-16.03%	-23.29%	-12.91%	31.92%	26.82%	2.09%	-0.59%
P/E ratio	-8.57x	26.6x	38.7x	35.7x	44.2x	50.4x	15.5x	12.1x
PBR	2.97x	2.44x	1.87x	1.63x	1.93x	2.6x	2.34x	1.96x
PEG	-	-0x	-0.8x	-5.18x	-7.16x	7.87x	0x	0.4x
Capitalization / Revenue	3.04x	1.61x	0.84x	0.66x	0.73x	0.75x	0.69x	0.66x
EV / Revenue	2.71x	1.3x	0.66x	0.53x	0.66x	0.82x	0.77x	0.73x
EV / EBITDA	-6.49x	-2,287x	6.39x	5.68x	8.58x	10.6x	6.86x	5.74x
EV / EBIT	-4.87x	-16.1x	14.1x	15.3x	39.7x	47.2x	12.9x	10.3x
EV / FCF	-14.9x	11.3x	-118x	-38.6x	-11.4x	-44.4x	-493x	60.8x
FCF Yield	-6.7%	8.83%	-0.85%	-2.59%	-8.78%	-2.25%	-0.2%	1.64%
Dividend per Share ²	0.18	-	-	0.72	0.72	0.72	0.7531	0.805
Rate of return	0.39%	-	-	2.49%	2.14%	1.77%	1.85%	1.98%
EPS ²	-5.44	1.61	0.87	0.81	0.76	0.8087	2.633	3.377
Distribution rate	-3.31%	-	-	88.9%	94.7%	89%	28.6%	23.8%
Net sales ¹	9,048	15,790	23,814	26,091	27,483	28,139	30,422	31,939
EBITDA ¹	-3,777	-9	2,471	2,422	2,114	2,177	3,424	4,068
EBIT ¹	-5,032	-1,281	1,120	900	457	487.3	1,816	2,258
Net income ¹	-3,074	977	539	498	465	429.4	1,382	1,670
Net Debt ¹	-3,003	-4,777	-4,204	-3,467	-2,026	1,932	2,414	2,274
Reference price ²	46.61	42.84	33.67	28.88	33.62	40.74	40.74	40.74
Nbr of stocks (in thousands)	590,273	591,920	593,752	596,115	599,737	517,155	-	-
Announcement Date	1/28/21	1/27/22	1/26/23	1/25/24	1/30/25	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SOUTHWEST AIRLINES CO.	49.25x	0.8x	10.34x	1.81%	20.6B
AMERICAN AIRLINES GROUP INC.	27.77x	0.7x	7.39x	-.--%	9.99B
JUNEYAO AIRLINES CO., LTD	28x	1.73x	9.29x	1.41%	4.11B
EXCHANGE INCOME CORPORATION	28.59x	2.12x	9.18x	3.24%	3.22B
CHINA EXPRESS AIRLINES CO.,LTD	19.05x	1.82x	5.51x	0.5%	1.81B
AEGEAN AIRLINES S.A.	9.1x	0.99x	4.24x	7.09%	1.47B
ALLEGIANT TRAVEL COMPANY	-35.21x	1.03x	6.48x	-.--%	1.46B
FRONTIER GROUP HOLDINGS, INC.	-7.99x	1.59x	9.26x	-.--%	1.33B
CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.	-9.64x	1.25x	3.92x	-.--%	866M
Average	12.10x	1.34x	7.29x	1.56%	4.98B
Weighted average by Cap.	32.91x	1.04x	8.83x	1.44%