Southwest Airlines annual ebitda
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2025
Southwest Airlines EBITDA Growth & History (LUV)
Southwest Airlines's calculated EBITDA was $1.99B for fiscal 2025.
View full Southwest Airlines company overviewSouthwest Airlines annual ebitda history
| Fiscal year | Period ended | EBITDA | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.99B | $10.0M | +0.51% |
| 2024 | 2024-12-31 | $1.98B | $232.0M | +13.29% |
| 2023 | 2023-12-31 | $1.75B | −$622.0M | −26.27% |
| 2022 | 2022-12-31 | $2.37B | −$625.0M | −20.88% |
| 2021 | 2021-12-31 | $2.99B | $5.55B | — |
| 2020 | 2020-12-31 | −$2.56B | −$6.74B | — |
| 2019 | 2019-12-31 | $4.18B | −$231.0M | −5.24% |
| 2018 | 2018-12-31 | $4.41B | −$218.0M | −4.71% |
| 2017 | 2017-12-31 | $4.63B | −$118.0M | −2.49% |
| 2016 | 2016-12-31 | $4.74B | −$388.0M | −7.56% |
| 2015 | 2015-12-31 | $5.13B | $1.97B | +62.22% |
| 2014 | 2014-12-31 | $3.16B | $1.02B | +47.46% |
| 2013 | 2013-12-31 | $2.15B | $678.0M | +46.22% |
| 2012 | 2012-12-31 | $1.47B | $59.0M | +4.19% |
| 2011 | 2011-12-31 | $1.41B | −$208.0M | −12.87% |
| 2010 | 2010-12-31 | $1.62B | $738.0M | +84.05% |
| 2009 | 2009-12-31 | $878.0M | −$170.0M | −16.22% |
| 2008 | 2008-12-31 | $1.05B | — | — |
Southwest Airlines quarterly ebitda
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| Fiscal quarter | Period ended | EBITDA | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $687.0M | $62.0M | +9.92% |
| Q1 2026 | 2026-03-31 | $728.0M | $555.0M | +320.81% |
| Q4 2025 | 2025-12-31 | $761.0M | $76.0M | +11.09% |
| Q3 2025 | 2025-09-30 | $429.0M | −$47.0M | −9.87% |
| Q2 2025 | 2025-06-30 | $625.0M | −$177.0M | −22.07% |
| Q1 2025 | 2025-03-31 | $173.0M | $158.0M | +1053.33% |
| Q4 2024 | 2024-12-31 | $685.0M | $674.0M | +6127.27% |
| Q3 2024 | 2024-09-30 | $476.0M | −$16.0M | −3.25% |
| Q2 2024 | 2024-06-30 | $802.0M | −$360.0M | −30.98% |
| Q1 2024 | 2024-03-31 | $15.0M | −$66.0M | −81.48% |
| Q4 2023 | 2023-12-31 | $11.0M | $29.0M | — |
| Q3 2023 | 2023-09-30 | $492.0M | −$238.0M | −32.60% |
| Q2 2023 | 2023-06-30 | $1.16B | −$321.0M | −21.65% |
| Q1 2023 | 2023-03-31 | $81.0M | −$92.0M | −53.18% |
| Q4 2022 | 2022-12-31 | −$18.0M | −$536.0M | — |
| Q3 2022 | 2022-09-30 | $730.0M | −$325.0M | −30.81% |
| Q2 2022 | 2022-06-30 | $1.48B | $574.0M | +63.15% |
| Q1 2022 | 2022-03-31 | $173.0M | −$338.0M | −66.14% |
| Q4 2021 | 2021-12-31 | $518.0M | $1.37B | — |
| Q3 2021 | 2021-09-30 | $1.05B | $2.15B | — |
| Q2 2021 | 2021-06-30 | $909.0M | $1.72B | — |
| Q1 2021 | 2021-03-31 | $511.0M | $310.0M | +154.23% |
| Q4 2020 | 2020-12-31 | −$852.0M | −$1.83B | — |
| Q3 2020 | 2020-09-30 | −$1.10B | −$2.22B | — |
| Q2 2020 | 2020-06-30 | −$814.0M | −$2.08B | — |
| Q1 2020 | 2020-03-31 | $201.0M | −$601.0M | −74.94% |
| Q4 2019 | 2019-12-31 | $977.0M | −$174.0M | −15.12% |
| Q3 2019 | 2019-09-30 | $1.13B | $28.0M | +2.55% |
| Q2 2019 | 2019-06-30 | $1.27B | $6.0M | +0.47% |
| Q1 2019 | 2019-03-31 | $802.0M | −$91.0M | −10.19% |
| Q4 2018 | 2018-12-31 | $1.15B | $131.0M | +12.84% |
| Q3 2018 | 2018-09-30 | $1.10B | −$48.0M | −4.18% |
| Q2 2018 | 2018-06-30 | $1.26B | −$270.0M | −17.60% |
| Q1 2018 | 2018-03-31 | $893.0M | −$31.0M | −3.35% |
| Q4 2017 | 2017-12-31 | $1.02B | $96.0M | +10.39% |
| Q3 2017 | 2017-09-30 | $1.15B | $137.0M | +13.56% |
| Q2 2017 | 2017-06-30 | $1.53B | −$41.0M | −2.60% |
| Q1 2017 | 2017-03-31 | $924.0M | −$310.0M | −25.12% |
| Q4 2016 | 2016-12-31 | $924.0M | −$365.0M | −28.32% |
| Q3 2016 | 2016-09-30 | $1.01B | −$473.0M | −31.89% |
| Q2 2016 | 2016-06-30 | $1.57B | $240.0M | +17.98% |
| Q1 2016 | 2016-03-31 | $1.23B | $210.0M | +20.51% |
| Q4 2015 | 2015-12-31 | $1.29B | $417.0M | +47.82% |
| Q3 2015 | 2015-09-30 | $1.48B | $631.0M | +74.06% |
| Q2 2015 | 2015-06-30 | $1.33B | $332.0M | +33.10% |
| Q1 2015 | 2015-03-31 | $1.02B | $588.0M | +134.86% |
| Q4 2014 | 2014-12-31 | $872.0M | $264.0M | +43.42% |
| Q3 2014 | 2014-09-30 | $852.0M | $241.0M | +39.44% |
| Q2 2014 | 2014-06-30 | $1.00B | $357.0M | +55.26% |
| Q1 2014 | 2014-03-31 | $436.0M | $156.0M | +55.71% |
| Q4 2013 | 2013-12-31 | $608.0M | $294.0M | +93.63% |
| Q3 2013 | 2013-09-30 | $611.0M | $343.0M | +127.99% |
| Q2 2013 | 2013-06-30 | $646.0M | −$16.0M | −2.42% |
| Q1 2013 | 2013-03-31 | $280.0M | $57.0M | +25.56% |
| Q4 2012 | 2012-12-31 | $314.0M | −$26.0M | −7.65% |
| Q3 2012 | 2012-09-30 | $268.0M | −$148.0M | −35.58% |
| Q2 2012 | 2012-06-30 | $662.0M | $279.0M | +72.85% |
| Q1 2012 | 2012-03-31 | $223.0M | −$46.0M | −17.10% |
| Q4 2011 | 2011-12-31 | $340.0M | −$35.0M | −9.33% |
| Q3 2011 | 2011-09-30 | $416.0M | −$100.0M | −19.38% |
| Q2 2011 | 2011-06-30 | $383.0M | −$134.0M | −25.92% |
| Q1 2011 | 2011-03-31 | $269.0M | $61.0M | +29.33% |
| Q4 2010 | 2010-12-31 | $375.0M | $54.0M | +16.82% |
| Q3 2010 | 2010-09-30 | $516.0M | $332.0M | +180.43% |
| Q2 2010 | 2010-06-30 | $517.0M | $244.0M | +89.38% |
| Q1 2010 | 2010-03-31 | $208.0M | $108.0M | +108.00% |
| Q4 2009 | 2009-12-31 | $321.0M | $97.0M | +43.30% |
| Q3 2009 | 2009-09-30 | $184.0M | −$54.0M | −22.69% |
| Q2 2009 | 2009-06-30 | $273.0M | −$80.0M | −22.66% |
| Q1 2009 | 2009-03-31 | $100.0M | −$133.0M | −57.08% |
| Q4 2008 | 2008-12-31 | $224.0M | — | — |
| Q3 2008 | 2008-09-30 | $238.0M | — | — |
| Q2 2008 | 2008-06-30 | $353.0M | — | — |
| Q1 2008 | 2008-03-31 | $233.0M | — | — |
Southwest Airlines ebitda trends
Over the last five fiscal years, Southwest Airlines's ebitda increased from −$2.56B to $1.99B, a change of $4.55B. The latest reported quarter, Q2 2026, shows $687.0M.
About the metric
What EBITDA means
EBITDA is a measure of operating performance before interest, taxes, depreciation, and amortization. It can help compare operating results, but it is not a substitute for cash flow or GAAP net income.
Calculation and source
How TickerStat calculates EBITDA
TickerStat calculates EBITDA as operating income plus reported depreciation and amortization for aligned fiscal periods. It is calculated data, not adjusted EBITDA or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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