Southwest AirlinesLUV.NValuation Analysis

As of Oct 16, 2026, Southwest Airlines (LUV.N) trades at a P/E of 23.10x, P/B of 2.73x, P/S of 0.64x, and a dividend yield of 1.36%.
Longitudinal percentile comparison: P/E sits at the 46th percentile over the trailing 10Y window (vs. 3rd percentile over 3Y); P/B sits at the 51st percentile over the trailing 10Y window (vs. 77th percentile over 3Y); P/S sits at the 12th percentile over the trailing 10Y window (vs. 37th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 70th percentile within its industry and the 59th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 14.56%, ranking at the 99th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 5.4 points of each other — a consistent signal from both angles. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Of the 14.56% total shareholder yield, 1.36% is paid out as dividends and roughly 13.20% is implied to come from buybacks — both channels are meaningfully in play. Southwest Airlines operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.