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

The median, or middle weekly reading, is 37.7× over the last five years. Available history contains 533 weekly observations from Aug 8, 2016 to Oct 19, 2026.

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

No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.

Southwest Airlines (LUV) valuation history

Historically low

As of Oct 22, 2026

LUV's P/E of 24.9x is lower than 93% of its available weekly readings from the last five years.

Compared with readings since Feb 7, 2022.

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P/E at year-end

Last weekly reading of each completed year. Rank runs from lowest (0%) to highest (100%) within the five years available on that date.

LUV year-end valuation history
Reading date	P/E	5-year rank
Dec 29, 2025	63.5×	93%
Dec 30, 2024	Unavailable	Short history
Dec 25, 2023	37.0×	79%
Dec 26, 2022	26.1×	77%
Dec 27, 2021	Unavailable	Short history
Dec 28, 2020	Unavailable	Short history
Dec 30, 2019	12.2×	47%
Dec 31, 2018	7.9×	2%
Dec 25, 2017	18.7×	92%
Dec 26, 2016	14.2×	Short history

Peers on the same measure

Stock	P/E	5-year rank
DALDelta Air Lines	15.5×	74%
UALUnited Airlines Holdings	9.5×	61%
ADPAutomatic Data Processing	26.9×	22%
ALLEAllegion	20.8×	54%

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Research on LUV

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About this history

What is LUV's current P/E?: LUV's P/E of 24.9x is lower than 93% of its available weekly readings from the last five years.
What is LUV's five-year median P/E?: The median, or middle weekly reading, is 37.7× over the last five years. Available history contains 533 weekly observations from Aug 8, 2016 to Oct 19, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.