Southwest Airlines Company

NYSE LUV

Data sourced from

and

Daily

Download Data

Southwest Airlines Company Price to Earnings Ratio (P/E) on June 03, 2024: 18.92

Southwest Airlines Company Price to Earnings Ratio (P/E) is 18.92 on June 03, 2024, a -30.15% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

Southwest Airlines Company 52-week high Price to Earnings Ratio (P/E) is 40.06 on July 11, 2023, which is 111.75% above the current Price to Earnings Ratio (P/E).
Southwest Airlines Company 52-week low Price to Earnings Ratio (P/E) is 17.43 on May 29, 2024, which is -7.87% below the current Price to Earnings Ratio (P/E).
Southwest Airlines Company average Price to Earnings Ratio (P/E) for the last 52 weeks is 29.34.

NYSE: LUV

Southwest Airlines Company

CEO	Mr. Gary C. Kelly
IPO Date	Jan. 2, 1980
Location	United States
Headquarters	PO Box 36611, Dallas, TX, United States, 75235-1611
Employees	74,695
Sector	Industrials
Industry	Airlines

Description

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

Key trends