Southwest Airlines Debt to Equity Ratio 2012-2025 | LUV
Current and historical debt to equity ratio values for Southwest Airlines (LUV) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Southwest Airlines debt/equity for the three months ending September 30, 2025 was 0.52.
| Southwest Airlines Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-09-30 | $20.54B | $7.78B | 2.64 |
| 2025-06-30 | $20.71B | $8.00B | 2.59 |
| 2025-03-31 | $23.85B | $9.37B | 2.55 |
| 2024-12-31 | $23.40B | $10.35B | 2.26 |
| 2024-09-30 | $24.44B | $10.41B | 2.35 |
| 2024-06-30 | $25.10B | $10.47B | 2.40 |
| 2024-03-31 | $25.82B | $10.20B | 2.53 |
| 2023-12-31 | $25.97B | $10.52B | 2.47 |
| 2023-09-30 | $25.93B | $11.05B | 2.35 |
| 2023-06-30 | $25.73B | $10.79B | 2.39 |
| 2023-03-31 | $25.24B | $10.30B | 2.45 |
| 2022-12-31 | $24.68B | $10.69B | 2.31 |
| 2022-09-30 | $25.02B | $10.92B | 2.29 |
| 2022-06-30 | $27.18B | $11.12B | 2.44 |
| 2022-03-31 | $26.85B | $10.42B | 2.58 |
| 2021-12-31 | $25.91B | $10.41B | 2.49 |
| 2021-09-30 | $26.86B | $10.25B | 2.62 |
| 2021-06-30 | $28.52B | $9.69B | 2.94 |
| 2021-03-31 | $26.40B | $9.09B | 2.90 |
| 2020-12-31 | $25.71B | $8.88B | 2.90 |
| 2020-09-30 | $25.84B | $9.77B | 2.65 |
| 2020-06-30 | $24.72B | $10.88B | 2.27 |
| 2020-03-31 | $17.81B | $9.08B | 1.96 |
| 2019-12-31 | $16.06B | $9.83B | 1.63 |
| 2019-09-30 | $16.54B | $9.93B | 1.67 |
| 2019-06-30 | $16.43B | $9.94B | 1.65 |
| 2019-03-31 | $16.67B | $9.79B | 1.70 |
| 2018-12-31 | $16.39B | $9.85B | 1.66 |
| 2018-09-30 | $16.73B | $10.15B | 1.65 |
| 2018-06-30 | $16.47B | $10.00B | 1.65 |
| 2018-03-31 | $15.88B | $9.62B | 1.65 |
| 2017-12-31 | $15.47B | $9.64B | 1.61 |
| 2017-09-30 | $15.45B | $8.80B | 1.76 |
| 2017-06-30 | $15.39B | $8.53B | 1.80 |
| 2017-03-31 | $15.56B | $8.20B | 1.90 |
| 2016-12-31 | $14.85B | $8.44B | 1.76 |
| 2016-09-30 | $15.00B | $8.05B | 1.86 |
| 2016-06-30 | $14.63B | $7.82B | 1.87 |
| 2016-03-31 | $14.75B | $7.50B | 1.97 |
| 2015-12-31 | $13.95B | $7.36B | 1.90 |
| 2015-09-30 | $14.19B | $6.97B | 2.04 |
| 2015-06-30 | $13.92B | $7.16B | 1.94 |
| 2015-03-31 | $14.26B | $6.90B | 2.07 |
| 2014-12-31 | $12.95B | $6.78B | 1.91 |
| 2014-09-30 | $13.11B | $7.43B | 1.77 |
| 2014-06-30 | $13.38B | $7.52B | 1.78 |
| 2014-03-31 | $12.79B | $7.19B | 1.78 |
| 2013-12-31 | $12.01B | $7.34B | 1.64 |
| 2013-09-30 | $12.35B | $7.01B | 1.76 |
| 2013-06-30 | $12.60B | $6.78B | 1.86 |
| 2013-03-31 | $12.24B | $6.96B | 1.76 |
| 2012-12-31 | $11.60B | $6.99B | 1.66 |
| 2012-09-30 | $11.81B | $7.00B | 1.69 |
| 2012-06-30 | $11.68B | $6.84B | 1.71 |
| 2012-03-31 | $11.73B | $7.10B | 1.65 |
| 2011-12-31 | $11.19B | $6.88B | 1.63 |
| 2011-09-30 | $11.40B | $6.49B | 1.76 |
| 2011-06-30 | $11.74B | $7.20B | 1.63 |
| 2011-03-31 | $9.83B | $6.59B | 1.49 |
| 2010-12-31 | $9.23B | $6.24B | 1.48 |
| 2010-09-30 | $9.19B | $5.95B | 1.55 |
| 2010-06-30 | $9.44B | $5.55B | 1.70 |
| 2010-03-31 | $8.99B | $5.54B | 1.62 |
| 2009-12-31 | $8.82B | $5.45B | 1.62 |
| 2009-09-30 | $8.88B | $5.22B | 1.70 |
| 2009-06-30 | $8.88B | $5.15B | 1.73 |
| 2009-03-31 | $9.25B | $4.93B | 1.88 |
| 2008-12-31 | $9.12B | $4.95B | 1.84 |
| 2008-09-30 | $11.11B | $7.06B | 1.57 |
| 2008-06-30 | $14.53B | $8.73B | 1.67 |
| 2008-03-31 | $10.85B | $7.19B | 1.51 |
| 2007-12-31 | $9.83B | $6.94B | 1.42 |
| 2007-09-30 | $8.26B | $6.27B | 1.32 |
| 2007-06-30 | $8.43B | $6.43B | 1.31 |
| 2007-03-31 | $7.68B | $6.55B | 1.17 |
| 2006-12-31 | $7.01B | $6.45B | 1.09 |
| 2006-09-30 | $7.46B | $6.62B | 1.13 |
| 2006-06-30 | $8.39B | $6.95B | 1.21 |
| 2006-03-31 | $7.96B | $6.77B | 1.18 |
| 2005-12-31 | $7.33B | $6.68B | 1.10 |
| 2005-09-30 | $7.99B | $6.76B | 1.18 |
| 2005-06-30 | $7.46B | $6.32B | 1.18 |
| 2005-03-31 | $7.14B | $6.12B | 1.17 |
| 2004-12-31 | $5.81B | $5.52B | 1.05 |
| 2004-09-30 | $6.23B | $5.50B | 1.13 |
| 2004-06-30 | $5.56B | $5.25B | 1.06 |
| 2004-03-31 | $5.25B | $5.03B | 1.04 |
| 2003-12-31 | $4.83B | $5.05B | 0.96 |
| 2003-09-30 | $4.83B | $4.87B | 0.99 |
| 2003-06-30 | $4.90B | $4.74B | 1.04 |
| 2003-03-31 | $4.65B | $4.46B | 1.04 |
| 2002-12-31 | $4.53B | $4.42B | 1.03 |
| 2002-09-30 | $4.63B | $4.32B | 1.07 |
| 2002-06-30 | $4.82B | $4.22B | 1.14 |
| 2002-03-31 | $4.86B | $4.11B | 1.18 |
| 2001-12-31 | $4.98B | $4.01B | 1.24 |
| 2001-09-30 | $4.05B | $3.95B | 1.02 |
| 2001-06-30 | $3.65B | $3.82B | 0.95 |
| 2001-03-31 | $3.42B | $3.64B | 0.94 |
| 2000-12-31 | $3.22B | $3.45B | 0.93 |
| 2000-09-30 | $3.24B | $3.21B | 1.01 |
| 2000-06-30 | $3.25B | $3.01B | 1.08 |
| 2000-03-31 | $3.13B | $2.81B | 1.11 |
| 1999-12-31 | $2.82B | $2.84B | 0.99 |
| 1999-09-30 | $2.52B | $2.80B | 0.90 |
| 1999-06-30 | $2.61B | $2.67B | 0.98 |
| 1999-03-31 | $2.46B | $2.51B | 0.98 |
| 1998-12-31 | $2.32B | $2.40B | 0.97 |
| 1998-09-30 | $2.32B | $2.27B | 1.02 |
| 1998-06-30 | $2.34B | $2.23B | 1.05 |
| 1998-03-31 | $2.24B | $2.10B | 1.07 |
| 1997-12-31 | $2.24B | $2.01B | 1.11 |
| 1997-09-30 | $2.24B | $1.91B | 1.17 |
| 1997-06-30 | $2.24B | $1.80B | 1.25 |
| 1997-03-31 | $2.16B | $1.70B | 1.27 |
| 1996-12-31 | $2.08B | $1.65B | 1.26 |
| 1996-09-30 | $2.00B | $1.62B | 1.24 |
| 1996-06-30 | $2.02B | $1.55B | 1.30 |
| 1996-03-31 | $1.90B | $1.47B | 1.30 |
| 1995-12-31 | $1.83B | $1.43B | 1.28 |
| 1995-09-30 | $1.87B | $1.38B | 1.35 |
| 1995-06-30 | $1.88B | $1.31B | 1.43 |
| 1995-03-31 | $1.76B | $1.25B | 1.40 |
| 1994-12-31 | $1.58B | $1.24B | 1.28 |
| 1994-09-30 | $1.61B | $1.22B | 1.32 |
| 1994-06-30 | $1.56B | $1.16B | 1.35 |
| 1994-03-31 | $1.53B | $1.10B | 1.40 |
| 1993-12-31 | $1.52B | $1.05B | 1.44 |
| 1993-09-30 | $1.41B | $0.98B | 1.44 |
| 1993-06-30 | $1.41B | $0.94B | 1.51 |
| 1993-03-31 | $1.38B | $0.89B | 1.55 |
| 1992-12-31 | $1.49B | $0.88B | 1.69 |
| 1992-09-30 | $1.40B | $0.83B | 1.69 |
| 1992-06-30 | $1.30B | $0.80B | 1.62 |
| 1992-03-31 | $1.26B | $0.78B | 1.62 |
| 1991-12-31 | $1.21B | $0.63B | 1.92 |
| 1991-09-30 | $1.12B | $0.62B | 1.80 |
| 1991-06-30 | $0.99B | $0.61B | 1.64 |
| 1991-03-31 | $0.96B | $0.60B | 1.61 |
| 1990-12-31 | $0.87B | $0.61B | 1.43 |
| 1990-09-30 | $0.88B | $0.61B | 1.44 |
| 1990-06-30 | $0.86B | $0.59B | 1.44 |
| 1990-03-31 | $0.84B | $0.58B | 1.44 |
| 1989-12-31 | $0.83B | $0.59B | 1.41 |
| 1989-09-30 | $0.82B | $0.60B | 1.37 |
| 1989-06-30 | $0.80B | $0.57B | 1.39 |
| 1989-03-31 | $0.78B | $0.56B | 1.40 |
| 1988-12-31 | $0.74B | $0.57B | 1.31 |
| 1988-09-30 | $0.72B | $0.55B | 1.30 |
| 1988-06-30 | $0.54B | $0.53B | 1.03 |
| 1988-03-31 | $0.52B | $0.51B | 1.01 |
| 1987-12-31 | $0.53B | $0.51B | 1.03 |
| 1987-09-30 | $0.52B | $0.52B | 1.01 |
| 1987-06-30 | $0.60B | $0.50B | 1.20 |
| 1987-03-31 | $0.57B | $0.50B | 1.14 |
| 1986-12-31 | $0.55B | $0.51B | 1.07 |
| 1985-12-31 | $0.56B | $0.47B | 1.19 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Airlines | $22.300B | $27.483B |
| Southwest Airlines is a passenger airline that provides scheduled air transportation in the United States. Southwest Airlines provides short-haul, high frequency, point-to-point and low-fare services. The company's point-to-point route structure includes services to and from many secondary or downtown airports such as Dallas Love Field, Houston Hobby, Chicago Midway, Baltimore-Washington International and Ft. Lauderdale-Hollywood. The company also offers long-haul nonstop service between markets like Oakland and Orlando, Los Angeles and Nashville, Las Vegas and Orlando, San Diego and Baltimore, Houston and New York LaGuardia, Los Angeles and Tampa, Oakland and Baltimore, San Diego and Newark. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Delta Air Lines (DAL) | United States | $45.988B | 12.10 |
| United Airlines Holdings Inc (UAL) | United States | $36.741B | 10.49 |
| Ryanair Holdings (RYAAY) | Ireland | $35.847B | 13.13 |
| International Consolidated Airlines Group SA (ICAGY) | Spain | $25.102B | 3.24 |
| LATAM Airlines Group S.A (LTM) | Chile | $17.855B | 14.10 |
| Air China (AIRYY) | China | $15.625B | 895.50 |
| Deutsche Lufthansa AG (DLAKY) | Germany | $11.588B | 6.04 |
| Cathay Pacific Airways (CPCAY) | Hong Kong, SAR China | $10.340B | 0.00 |
| American Airlines Group (AAL) | United States | $10.146B | 14.64 |
| ANA Holdings (ALNPY) | Japan | $8.836B | 9.64 |
| Japan Airlines (JAPSY) | Japan | $8.142B | 9.82 |
| Alaska Air (ALK) | United States | $5.804B | 16.51 |
| Copa Holdings, S.A (CPA) | Panama | $5.423B | 8.19 |
| Easyjet (EJTTF) | United Kingdom | $5.230B | 0.00 |
| Flughafen Wien AG (VIAAY) | Austria | $4.274B | 16.99 |
| Air Canada (ACDVF) | Canada | $4.147B | 16.56 |
| SkyWest (SKYW) | United States | $3.999B | 9.51 |
| Air France-KLM SA (AFLYY) | France | $3.172B | 3.02 |
| JetBlue Airways (JBLU) | United States | $1.957B | 0.00 |
| Allegiant Travel (ALGT) | United States | $1.647B | 29.49 |
| Frontiers (ULCC) | United States | $1.207B | 0.00 |
| Bristow Group (VTOL) | United States | $1.162B | 8.41 |
| Sun Country Airlines Holdings (SNCY) | United States | $0.934B | 15.82 |
| Republic Airways Holdings (RJET) | United States | $0.499B | 0.00 |
| Surf Air Mobility (SRFM) | United States | $0.172B | 0.00 |
| Harbor Diversified (HRBR) | United States | $0.090B | 0.00 |
| XCF Global Capital (SAFX) | United States | $0.022B | 0.00 |
| China Eastern Airlines (CEA) | China | $0.000B | 0.00 |
| Corporacion America Airports S.A (CAAP) | Luxembourg | $0.000B | 23.64 |
| Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) | Mexico | $0.000B | 0.00 |
| China Southern Airlines (ZNH) | China | $0.000B | 0.00 |