Southwest Airlines Operating Margin 2012-2026 | LUV

Current and historical operating margin for Southwest Airlines (LUV) over the last 10 years. The current operating profit margin for Southwest Airlines as of March 31, 2026 is 1.82%.
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Southwest Airlines Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-03-31 $28.88B $0.98B 3.40%
2025-12-31 $28.06B $0.43B 1.53%
2025-09-30 $27.55B $0.32B 1.14%
2025-06-30 $27.47B $0.32B 1.16%
2025-03-31 $27.58B $0.49B 1.78%
2024-12-31 $27.48B $0.32B 1.17%
2024-09-30 $27.38B $-0.36B -1.32%
2024-06-30 $27.03B $-0.28B -1.04%
2024-03-31 $26.71B $0.12B 0.43%
2023-12-31 $26.09B $0.22B 0.86%
2023-09-30 $25.44B $0.24B 0.96%
2023-06-30 $25.14B $0.52B 2.07%
2023-03-31 $24.83B $0.88B 3.56%
2022-12-31 $23.81B $1.02B 4.27%
2022-09-30 $22.69B $1.60B 7.04%
2022-06-30 $21.15B $1.94B 9.15%
2022-03-31 $18.43B $1.37B 7.44%
2021-12-31 $15.79B $1.72B 10.90%
2021-09-30 $12.75B $0.36B 2.81%
2021-06-30 $9.87B $-1.79B -18.10%
2021-03-31 $6.87B $-3.51B -51.08%
2020-12-31 $9.05B $-3.82B -42.18%
2020-09-30 $12.77B $-1.98B -15.53%
2020-06-30 $16.61B $0.25B 1.49%
2020-03-31 $21.51B $2.34B 10.89%
2019-12-31 $22.43B $2.96B 13.18%
2019-09-30 $22.40B $3.11B 13.89%
2019-06-30 $22.34B $3.09B 13.84%
2019-03-31 $22.17B $3.10B 13.96%
2018-12-31 $21.97B $3.21B 14.60%
2018-09-30 $21.52B $3.13B 14.53%
2018-06-30 $21.25B $3.17B 14.94%
2018-03-31 $21.24B $3.42B 16.09%
2017-12-31 $21.15B $3.41B 16.11%
2017-09-30 $20.83B $3.27B 15.71%
2017-06-30 $20.66B $3.12B 15.11%
2017-03-31 $20.32B $3.18B 15.67%
2016-12-31 $20.29B $3.52B 17.36%
2016-09-30 $20.33B $3.94B 19.39%
2016-06-30 $20.51B $4.47B 21.80%
2016-03-31 $20.23B $4.28B 21.15%
2015-12-31 $19.82B $4.12B 20.77%
2015-09-30 $19.47B $3.71B 19.06%
2015-06-30 $18.95B $3.10B 16.36%
2015-03-31 $18.85B $2.79B 14.80%
2014-12-31 $18.61B $2.23B 11.96%
2014-09-30 $18.40B $1.99B 10.81%
2014-06-30 $18.15B $1.77B 9.73%
2014-03-31 $17.78B $1.42B 8.00%
2013-12-31 $17.70B $1.28B 7.22%
2013-09-30 $17.44B $0.98B 5.64%
2013-06-30 $17.21B $0.64B 3.74%
2013-03-31 $17.18B $0.67B 3.91%
2012-12-31 $17.09B $0.62B 3.65%
2012-09-30 $17.02B $0.68B 3.99%
2012-06-30 $17.03B $0.85B 5.02%
2012-03-31 $16.55B $0.60B 3.63%
2011-12-31 $15.66B $0.69B 4.43%
2011-09-30 $14.66B $0.76B 5.20%
2011-06-30 $13.55B $0.89B 6.59%
2011-03-31 $12.58B $1.05B 8.33%
2010-12-31 $12.10B $0.99B 8.16%
2010-09-30 $11.70B $0.94B 8.02%
2010-06-30 $11.18B $0.61B 5.42%
2010-03-31 $10.62B $0.37B 3.45%
2009-12-31 $10.35B $0.26B 2.53%
2009-09-30 $10.37B $0.17B 1.59%
2009-06-30 $10.60B $0.23B 2.16%
2009-03-31 $10.85B $0.31B 2.87%
2008-12-31 $11.02B $0.45B 4.07%
2008-09-30 $10.78B $0.51B 4.70%
2008-06-30 $10.48B $0.67B 6.41%
2008-03-31 $10.19B $0.80B 7.80%
2007-12-31 $9.86B $0.79B 8.02%
2007-09-30 $9.65B $0.84B 8.67%
2007-06-30 $9.40B $0.85B 9.00%
2007-03-31 $9.27B $0.92B 9.93%
2006-12-31 $9.09B $0.93B 10.28%
2006-09-30 $8.80B $0.90B 10.24%
2006-06-30 $8.45B $0.89B 10.52%
2006-03-31 $7.94B $0.74B 9.35%
2005-12-31 $7.58B $0.73B 9.56%
2005-09-30 $7.25B $0.56B 7.65%
2005-06-30 $6.94B $0.50B 7.18%
2005-03-31 $6.71B $0.44B 6.54%
2004-12-31 $6.53B $0.40B 6.19%
2004-09-30 $6.39B $0.55B 8.54%
2004-06-30 $6.27B $0.54B 8.61%
2004-03-31 $6.07B $0.48B 7.96%
2003-12-31 $5.94B $0.48B 8.14%
2003-09-30 $5.82B $0.46B 7.89%
2003-06-30 $5.66B $0.37B 6.45%
2003-03-31 $5.62B $0.41B 7.37%
2002-12-31 $5.52B $0.42B 7.55%
2002-09-30 $5.36B $0.37B 6.81%
2002-06-30 $5.30B $0.37B 6.92%
2002-03-31 $5.38B $0.47B 8.71%
2001-12-31 $5.56B $0.63B 11.34%
2001-09-30 $5.79B $0.85B 14.61%
2001-06-30 $5.93B $1.05B 17.74%
2001-03-31 $5.84B $1.08B 18.44%
2000-12-31 $5.65B $1.02B 18.07%
2000-09-30 $5.39B $0.92B 17.15%
2000-06-30 $5.14B $0.83B 16.14%
2000-03-31 $4.90B $0.77B 15.69%
1999-12-31 $4.74B $0.78B 16.49%
1999-09-30 $4.58B $0.79B 17.17%
1999-06-30 $4.44B $0.78B 17.66%
1999-03-31 $4.30B $0.74B 17.19%
1998-12-31 $4.17B $0.68B 16.42%
1998-09-30 $4.09B $0.65B 15.98%
1998-06-30 $4.00B $0.60B 15.07%
1998-03-31 $3.87B $0.55B 14.18%
1997-12-31 $3.82B $0.52B 13.73%
1997-09-30 $3.67B $0.41B 11.19%
1997-06-30 $3.57B $0.36B 10.15%
1997-03-31 $3.52B $0.35B 9.89%
1996-12-31 $3.41B $0.35B 10.28%
1996-09-30 $3.32B $0.41B 12.25%
1996-06-30 $3.20B $0.42B 13.07%
1996-03-31 $3.03B $0.38B 12.53%
1995-12-31 $2.87B $0.31B 10.89%
1995-09-30 $2.75B $0.28B 10.07%
1995-06-30 $2.67B $0.27B 9.93%
1995-03-31 $2.59B $0.26B 10.18%
1994-12-31 $2.59B $0.32B 12.23%
1994-09-30 $2.57B $0.32B 12.32%
1994-06-30 $2.44B $0.24B 9.99%
1994-03-31 $2.35B $0.26B 11.19%
1993-12-31 $2.19B $0.19B 8.74%
1993-09-30 $2.02B $0.10B 4.94%
1993-06-30 $1.92B $0.13B 6.52%
1993-03-31 $1.77B $0.05B 2.78%
1992-12-31 $1.69B $0.08B 4.51%
1992-09-30 $1.59B $0.15B 9.57%
1992-06-30 $1.50B $0.13B 8.62%
1992-03-31 $1.41B $0.10B 7.40%
1991-12-31 $1.31B $0.06B 4.79%
1991-09-30 $1.27B $0.04B 2.92%
1991-06-30 $1.23B $0.04B 3.51%
1991-03-31 $1.21B $0.06B 5.29%
1990-12-31 $1.19B $0.08B 6.91%
1990-09-30 $1.14B $0.10B 8.76%
1990-06-30 $1.09B $0.10B 8.80%
1990-03-31 $1.05B $0.08B 8.02%
1989-12-31 $1.02B $0.10B 9.66%
1989-09-30 $0.99B $0.11B 11.11%
1989-06-30 $0.96B $0.11B 11.69%
1989-03-31 $0.91B $0.11B 11.75%
1988-12-31 $0.86B $0.09B 10.10%
1988-09-30 $0.82B $0.21B 26.26%
1988-06-30 $0.78B $0.20B 25.96%
1988-03-31 $0.77B $0.18B 23.24%
1987-12-31 $0.77B $0.17B 22.09%
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $19.427B $28.063B
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
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Ryanair Holdings (RYAAY) Ireland $32.550B 12.06
United Airlines Holdings Inc (UAL) United States $31.296B 9.04
International Consolidated Airlines Group SA (ICAGY) Spain $23.990B 2.67
LATAM Airlines Group S.A (LTM) Chile $16.078B 10.68
Deutsche Lufthansa AG (DLAKY) Germany $11.129B 6.82
Air China (AIRYY) China $10.491B 0.00
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $10.120B 0.00
ANA Holdings (ALNPY) Japan $8.813B 8.93
American Airlines Group (AAL) United States $7.475B 32.34
Japan Airlines (JAPSY) Japan $7.081B 8.28
Copa Holdings, S.A (CPA) Panama $4.903B 7.33
Alaska Air (ALK) United States $4.476B 15.86
Corporacion America Airports S.A (CAAP) Luxembourg $4.416B 17.58
Flughafen Wien AG (VIAAY) Austria $4.274B 20.22
Air Canada (ACDVF) Canada $3.898B 11.91
SkyWest (SKYW) United States $3.789B 9.11
Easyjet (EJTTF) United Kingdom $3.479B 0.00
Air France-KLM SA (AFLYY) France $3.124B 1.80
JetBlue Airways (JBLU) United States $1.763B 0.00
Allegiant Travel (ALGT) United States $1.579B 22.46
Bristow Group (VTOL) United States $1.453B 11.52
Sun Country Airlines Holdings (SNCY) United States $0.939B 17.50
Republic Airways Holdings (RJET) United States $0.927B 57.36
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.900B 0.00
Frontiers (ULCC) United States $0.878B 0.00
XCF Global Capital (SAFX) United States $0.224B 0.00
Harbor Diversified (HRBR) United States $0.091B 0.00
Surf Air Mobility (SRFM) United States $0.087B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00