Southwest Airlines (LUV) fundamentals: P/E, valuation, undervalued?

Southwest Airlines · Industrials · ref. ETF XLI · price $39.76
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In short — Southwest Airlines trades at 25.5× earnings (P/E), 8.2× forward, with a net margin of 2.8 % and revenue growth of +16 %. Read: Cheap for the growth (P/E 8 for ~20% growth (PEG 0.4)).

Is Southwest Airlines stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$39.76+20.6% over range
Aug 28, 25low $29.67 · high $54.8Aug 27, 26
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SellBuy
Hold
47% recommend buying · 17 analysts
Valuation : Cheap for the growth — P/E 8 for ~20% growth (PEG 0.4)

Valuation

25.5
P/E (price/earnings)
8.2
Forward P/E
1.24
PEG
2.7
Price/book (P/B)
$19.5B
Market cap
1.56
EPS

Profitability & growth

2.8 %
Net margin
+16 %
Revenue growth
+21 %
Earnings growth
$6.9B
Total debt

Southwest Airlines income statement

Fiscal yearRevenueNet incomeMargin
2022$23.8B$539M2.3 %
2023$26.1B$498M1.9 %
2024$27.5B$465M1.7 %
2025$28.1B$441M1.6 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Southwest Airlines's P/E and is the stock undervalued? What's a good P/E?

Southwest Airlines's P/E is 25.5 (forward 8.2). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Southwest Airlines profitable?

Southwest Airlines has a net margin of 2.8 % (EPS 1.56). The company is profitable.

Is LUV stock expensive?

Our read: "Cheap for the growth" — P/E 8 for ~20% growth (PEG 0.4). Cross-check with growth and sector.

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