What is LUV's five-year median P/E?

37.0x. Half of LUV's weekly readings since February 2022 were higher and half were lower. This page has 875 weekly readings, from Jan 25, 2010 to Oct 26, 2026.

Does a low historical rank mean a stock is a buy?

No. The rank compares LUV only with its own past. Slower growth or more risk can justify a lower multiple than before. P/E uses earnings and P/S uses revenue from the last twelve months.

Southwest Airlines (LUV) valuation history

Industrials

$43.68

Latest weekly close · Market cap $21.6B

Historically low

Southwest Airlines' P/E of 21.3x is lower than 97% of its weekly readings since February 2022 (as of Oct 30, 2026).

Forward P/E 9.8× (analyst estimates, not ranked).

Weekly P/E since February 2022

P/E each weekMiddle half of its readingsMedian 37.0×

Median: 37.0×
Low to high: 19.5× to 73.1×
Versus median: -42%
History starts: February 2022

P/E

3rdpercentile

of its weekly readings since February 2022

Growth, last 12 months vs the year before

Revenue: +14%accelerating
EPS: +215%

Price vs revenue and EPS, indexed to 100

Each line starts at 100 at its first positive reading over the last five years. Revenue and EPS change at fiscal quarter ends.

PriceRevenue, last 12 monthsEPS, last 12 months100 = first reading

P/E at each year-end

The last weekly reading of each year, and its percentile against the five years before it.

LUV P/E at each year-end
Year-end	P/E	5-year percentile
Dec 29, 2025	63.5×	100
Dec 30, 2024	n/m	Too little history
Dec 25, 2023	37.0×	85
Dec 26, 2022	26.1×	83
Dec 27, 2021	n/m	Too little history
Dec 28, 2020	n/m	Too little history
Dec 30, 2019	12.2×	36
Dec 31, 2018	7.6×	1
Dec 25, 2017	18.8×	54
Dec 26, 2016	14.2×	19

Industrials peers on P/E

Each percentile compares a stock with its own last five years.

Compare LUV with peers

Industrials peers of LUV on P/E
Stock	P/E	Versus its own history	5-year percentile
AALAmerican Airlines Group Inc	n/m	Not ranked	n/m, not ranked
DALDelta Air Lines	16.3×	Above its usual range	84
UALUnited Airlines Holdings	9.6×	Within its usual range	63
AAONAAON Inc	39.4×	Below its usual range	19
ADPAutomatic Data Processing	26.2×	Below its usual range	19

Appears in

Sector: Industrials
Screens: Stocks with Low P/E Ratios and Steady Revenue Growth
Stocks Below Their 5-Year Median P/E
Stocks Near Their Lowest P/E Ratios in 5 Years

Screen Industrials stocks the same way

Research on LUV

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About this history

What is LUV's current P/E?: Southwest Airlines' P/E of 21.3x is lower than 97% of its weekly readings since February 2022 (as of Oct 30, 2026).
What is LUV's five-year median P/E?: 37.0x. Half of LUV's weekly readings since February 2022 were higher and half were lower. This page has 875 weekly readings, from Jan 25, 2010 to Oct 26, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank compares LUV only with its own past. Slower growth or more risk can justify a lower multiple than before. P/E uses earnings and P/S uses revenue from the last twelve months.