SOUTHWEST AIRLINES CO (LUV) Operating margin 2016–2025
SOUTHWEST AIRLINES CO (LUV) operating margin by fiscal year — reported operating income divided by reported revenue.
1.5%FY2025 · since FY2016: 17.4% → 1.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 1.5% | +0.4 pp |
| FY2024 | 1.2% | +0.3 pp |
| FY2023 | 0.9% | -3.4 pp |
| FY2022 | 4.3% | -6.6 pp |
| FY2021 | 10.9% | +53.1 pp |
| FY2020 | -42.2% | -55.4 pp |
| FY2019 | 13.2% | -1.4 pp |
| FY2018 | 14.6% | -1.5 pp |
| FY2017 | 16.1% | -1.2 pp |
| FY2016 | 17.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice