Company Valuation: Southwest Airlines Co.

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 20,561 - -
Change - -21.16% -13.88% 17.12% 6.01% -3.8% - -
Enterprise Value (EV) 1 20,581 15,788 13,749 18,137 23,044 25,634 25,812 25,308
Change - -23.29% -12.91% 31.92% 27.05% 11.24% 0.69% -1.95%
P/E 26.6x 38.7x 35.7x 44.2x 52.3x 16.1x 9.95x 8.13x
PBR 2.44x 1.87x 1.63x 1.93x 2.8x 2.72x 2.22x 1.78x
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 0.61x 0.58x 0.56x
EV / Revenue 1.3x 0.66x 0.53x 0.66x 0.82x 0.76x 0.73x 0.69x
EV / EBITDA -2,287x 6.39x 5.68x 8.58x 11x 7.46x 5.85x 4.79x
EV / EBIT -16.1x 14.1x 15.3x 39.7x 42.8x 14.3x 9.97x 7.44x
EV / FCF 11.3x -118x -38.6x -11.4x -27.7x 115x 23.4x 19x
FCF Yield 8.83% -0.85% -2.59% -8.78% -3.61% 0.87% 4.27% 5.26%
Dividend per Share 2 - - 0.72 0.72 0.72 0.72 0.753 0.7889
Rate of return - - 2.49% 2.14% 1.74% 1.71% 1.79% 1.88%
EPS 2 1.61 0.87 0.81 0.76 0.79 2.609 4.223 5.171
Distribution rate - - 88.9% 94.7% 91.1% 27.6% 17.8% 15.3%
Net sales 1 15,790 23,814 26,091 27,483 28,063 33,537 35,537 36,637
EBITDA 1 -9 2,471 2,422 2,114 2,099 3,436 4,416 5,287
EBIT 1 -1,281 1,120 900 457 539 1,796 2,590 3,402
Net income 1 977 539 498 465 441 1,213 2,042 2,469
Net Debt 1 -4,777 -4,204 -3,467 -2,026 1,670 5,072 5,250 4,746
Reference price 2 42.84 33.67 28.88 33.62 41.33 42.03 42.03 42.03
Nbr of stocks (in thousands) 591,920 593,752 596,115 599,737 517,155 489,208 - -
Announcement Date 27/01/22 26/01/23 25/01/24 30/01/25 28/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.96x0.8x7.98x1.71% 20.56B
16x0.88x7.81x1% 51.86B
11.68x0.74x7.39x-.--% 33.14B
13.61x1.34x6.2x1.87% 26.96B
7.93x0.79x3.83x2.18% 24.08B
61.67x2.1x12.57x0.07% 18.78B
28.48x1.07x5.71x3.91% 16.32B
-9.54x1.58x10.99x-.--% 15.02B
9.47x1.11x4.71x3.46% 13.6B
-11.43x1.49x9.7x-.--% 11.01B
Average 14.38x 1.19x 7.69x 1.42% 23.13B
Weighted average by Cap. 15.50x 1.10x 7.52x 1.31%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Southwest Airlines Co.

Historical PBR trend

Valuation ratios - PBR - Southwest Airlines Co.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Southwest Airlines Co.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Southwest Airlines Co.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Southwest Airlines Co.
  1. Stock Market
  2. Stocks
  3. LUV Stock
  4. Valuation Southwest Airlines Co.