LUV Historical PE Ratio image   This LUV PE ratio history page last updated 10/8/2024
LUV Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q2 2024
7/25/2024
28.080.582.3212.1
Q1 2024
4/25/2024
27.26-0.36-1.44NA
Q4 2023
1/25/2024
30.390.371.4820.5
Q3 2023
10/26/2023
23.390.381.5215.4
Q2 2023
7/27/2023
33.021.094.367.6
Q1 2023
4/27/2023
29.88-0.27-1.08NA
Q4 2022
1/26/2023
35.70-0.38-1.52NA
Q3 2022
10/27/2022
35.290.502.0017.6
Q2 2022
7/28/2022
38.151.305.207.3
Q1 2022
4/28/2022
46.90-0.32-1.28NA
Q4 2021
1/27/2022
42.820.140.5676.5
Q3 2021
10/21/2021
48.66-0.23-0.92NA
Q2 2021
7/22/2021
51.29-0.35-1.40NA
Q1 2021
4/22/2021
61.07-1.72-6.88NA
Q4 2020
1/28/2021
44.60-1.29-5.16NA
Q3 2020
10/22/2020
41.93-1.99-7.96NA
Q2 2020
7/23/2020
32.79-2.67-10.68NA
Q1 2020
4/28/2020
29.69-0.15-0.60NA
Q4 2019
1/23/2020
55.401.164.6411.9
Q3 2019
10/24/2019
56.291.184.7211.9
Q2 2019
7/25/2019
54.911.375.4810.0
Q1 2019
4/25/2019
53.350.702.8019.1
Q4 2018
1/24/2019
54.211.174.6811.6
Q3 2018
10/25/2018
49.911.084.3211.6
Q2 2018
7/26/2018
56.701.265.0411.2
Q1 2018
4/26/2018
53.300.753.0017.8
Q4 2017
1/25/2018
60.190.773.0819.5
Q3 2017
10/26/2017
55.110.883.5215.7
Q2 2017
7/27/2017
56.571.244.9611.4
Q1 2017
4/27/2017
55.750.612.4422.8
Q4 2016
1/26/2017
53.920.753.0018.0
Q3 2016
10/26/2016
38.400.933.7210.3
Q2 2016
7/21/2016
37.321.194.767.8
Q1 2016
4/21/2016
47.730.883.5213.6
Q4 2015
1/21/2016
39.500.903.6011.0
Q3 2015
10/22/2015
44.080.943.7611.7
Q2 2015
7/23/2015
36.481.034.128.9
Q1 2015
4/23/2015
43.260.662.6416.4
Q4 2014
1/22/2015
45.350.592.3619.2
Q3 2014
10/23/2014
33.250.552.2015.1
Q2 2014
7/24/2014
28.680.702.8010.2
Q1 2014
4/24/2014
24.270.180.7233.7
Q4 2013
1/23/2014
21.240.331.3216.1
Q3 2013
10/24/2013
17.020.341.3612.5
Q2 2013
7/25/2013
13.810.381.529.1
Q1 2013
4/25/2013
13.420.080.3241.9
Q4 2012
1/24/2013
11.450.090.3631.8
Q3 2012
10/18/2012
8.980.130.5217.3
Q2 2012
7/19/2012
9.150.361.446.4
Q1 2012
4/19/2012
8.230.130.5215.8
LUV PE History Chart
PeriodPriceAdj. EPSTTMPE
Q2 2024
7/25/2024
28.080.580.9728.9
Q1 2024
4/25/2024
27.26-0.361.4818.4
Q4 2023
1/25/2024
30.390.371.5719.4
Q3 2023
10/26/2023
23.390.380.8228.5
Q2 2023
7/27/2023
33.021.090.9435.1
Q1 2023
4/27/2023
29.88-0.271.1526.0
Q4 2022
1/26/2023
35.70-0.381.1032.5
Q3 2022
10/27/2022
35.290.501.6221.8
Q2 2022
7/28/2022
38.151.300.8942.9
Q1 2022
4/28/2022
46.90-0.32-0.76NA
Q4 2021
1/27/2022
42.820.14-2.16NA
Q3 2021
10/21/2021
48.66-0.23-3.59NA
Q2 2021
7/22/2021
51.29-0.35-5.35NA
Q1 2021
4/22/2021
61.07-1.72-7.67NA
Q4 2020
1/28/2021
44.60-1.29-6.10NA
Q3 2020
10/22/2020
41.93-1.99-3.65NA
Q2 2020
7/23/2020
32.79-2.67-0.48NA
Q1 2020
4/28/2020
29.69-0.153.568.3
Q4 2019
1/23/2020
55.401.164.4112.6
Q3 2019
10/24/2019
56.291.184.4212.7
Q2 2019
7/25/2019
54.911.374.3212.7
Q1 2019
4/25/2019
53.350.704.2112.7
Q4 2018
1/24/2019
54.211.174.2612.7
Q3 2018
10/25/2018
49.911.083.8612.9
Q2 2018
7/26/2018
56.701.263.6615.5
Q1 2018
4/26/2018
53.300.753.6414.6
Q4 2017
1/25/2018
60.190.773.5017.2
Q3 2017
10/26/2017
55.110.883.4815.8
Q2 2017
7/27/2017
56.571.243.5316.0
Q1 2017
4/27/2017
55.750.613.4816.0
Q4 2016
1/26/2017
53.920.753.7514.4
Q3 2016
10/26/2016
38.400.933.909.8
Q2 2016
7/21/2016
37.321.193.919.5
Q1 2016
4/21/2016
47.730.883.7512.7
Q4 2015
1/21/2016
39.500.903.5311.2
Q3 2015
10/22/2015
44.080.943.2213.7
Q2 2015
7/23/2015
36.481.032.8312.9
Q1 2015
4/23/2015
43.260.662.5017.3
Q4 2014
1/22/2015
45.350.592.0222.5
Q3 2014
10/23/2014
33.250.551.7618.9
Q2 2014
7/24/2014
28.680.701.5518.5
Q1 2014
4/24/2014
24.270.181.2319.7
Q4 2013
1/23/2014
21.240.331.1318.8
Q3 2013
10/24/2013
17.020.340.8919.1
Q2 2013
7/25/2013
13.810.380.6820.3
Q1 2013
4/25/2013
13.420.080.6620.3
Q4 2012
1/24/2013
11.450.090.7116.1
Q3 2012
10/18/2012
8.980.13NANA
Q2 2012
7/19/2012
9.150.36NANA
Q1 2012
4/19/2012
8.230.13NANA
Quotes delayed 20 minutes

Email EnvelopeFree LUV Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
10 Most Oversold S&P 500 Stocks
10 Most Overbought S&P 500 Stocks
10 ETFs With Stocks Insiders Are Buying
10 ETFs With Most Upside To Targets
The DividendRank Top 25
Warren Buffett Dividend Stocks
10 Cheap Dividend Stocks Under $10
10 Top DividendRank'ed Energy Stocks
The 10 Highest Yielding Preferred Stocks
The 10 Highest Yielding Preferred Stocks
The 15 Most Active S&P Call & Put Options
Southwest Airlines (LUV) is categorized under the Industrials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

LYFT PE Ratio History
LYTS PE Ratio History
MA PE Ratio History
MAN PE Ratio History
MANT PE Ratio History
MATW PE Ratio History
MATX PE Ratio History
MCHX PE Ratio History
MCO PE Ratio History
MCOM PE Ratio History
How should the LUV historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Southwest Airlines. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this LUV Historical PE Ratio page.

What is the average historical PE for LUV based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The LUV historical PE ratio using the annualized quarterly earnings method works out to 16.9.

What is the average historical PE for LUV based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The LUV historical PE ratio using the TTM earnings method works out to 18.2.

What is the average historical PE for LUV based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The LUV historical PE ratio using the annualized median TTM earnings method works out to 1.52.

On this page we presented the LUV Historical PE Ratio information for Southwest Airlines' stock. The average LUV historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 16.9. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average LUV historical PE based on this TTM earnings result method is 18.2. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this LUV historical PE result, against the recent PE: when this page was posted on 10/7/2024, the most recent closing price for LUV had been 31.04, and the most recent quarterly earnings result, annualized, was 2.32. Meanwhile, the most recent TTM earnings summed to 0.97. From these numbers, we calculate the recent LUV PE on 10/7/2024 based on annualized quarterly EPS was 13.4. Based on LUV's history, that recent PE is low relative to the historical average, with the recent PE 20.7% lower than the historical average PE across our data set for Southwest Airlines. Looking at the recent LUV PE on 10/7/2024 based on TTM EPS, we calculate the ratio at 32.0. Based on LUV's history, that recent PE is elevated relative to the historical average, with the recent PE 75.8% higher than the historical average PE across our Southwest Airlines data set with TTM EPS used in the calculation at each period.

Another interesting LUV historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for LUV, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for LUV, we start with the past four EPS numbers and we first sort them from lowest to highest: -0.36, 0.37, 0.38, and 0.58. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.37 and 0.38 — which gives us the median of 0.38. Basically the way to think about this 0.38 number is this: for the trailing four earnings reports, 0.38 marks the "middle ground" number where LUV has reported a value higher than 0.38 half the time, and has reported a value lower than 0.38 half the time. Annualizing that median value then gets us to 1.52/share, which we use as the denominator in our next PE calculation. With 31.04 as the numerator (as of 10/7/2024), the calculation is then 31.04 / 1.52 = 20.4 as the LUV PE ratio as of 10/7/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on LUV or any other given stock, valuation analysis for LUV can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Southwest Airlines PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for LUV. Thanks for visiting, and the next time you need to research LUV Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

Recommended: AMH Options Chain, Institutional Holders of SUP, Top Ten Hedge Funds Holding CGON.

 

LUV Historical PE Ratio | www.HistoricalPERatio.com | Copyright © 2020 - 2024, All Rights Reserved

Nothing in HistoricalPERatio.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.3%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.