Southwest Airlines Company Cash Flow Reinvestment Rate
Southwest Airlines Company cash flow reinvestment rate. Southwest Airlines Company (LUV) has a Cash Flow Reinvestment Rate of 0.44x as of March 2026, reinvesting $630.00 Million (capex $630.00 Million ) from operating cash flow of $1.42 Billion. See LUV financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Southwest Airlines Company (1989–2025)
Cash flow reinvestment rate of Southwest Airlines Company from 1989 to 2025. Historical reinvestment intensity for Southwest Airlines Company across 35 annual periods. Explore how well can Southwest Airlines Company service its debt to assess how comfortably operating cash covers total debt obligations.
Southwest Airlines Company Cash Flow Reinvestment Rate by Year (1989–2025)
Southwest Airlines Company cash flow reinvestment rate by year from 1989 to 2025. Year-by-year capital reinvestment analysis for Southwest Airlines Company. For the full cash flow conversion analysis, see Southwest Airlines Company (LUV) cash conversion ratio.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 2.12x | $3.90 Billion | $1.84 Billion | $2.67 Billion | ▼ -58.3% |
| 2024 | 5.07x | $2.34 Billion | $462.00 Million | $2.08 Billion | ▲ +137.4% |
| 2023 | 2.13x | $6.75 Billion | $3.16 Billion | $3.55 Billion | ▲ +5.2% |
| 2022 | 2.03x | $7.69 Billion | $3.79 Billion | $3.95 Billion | ▲ +272.8% |
| 2021 | 0.54x | $1.26 Billion | $2.32 Billion | $511.00 Million | ▲ +60.6% |
| 2019 | 0.34x | $1.35 Billion | $3.99 Billion | $1.03 Billion | ▼ -18.8% |
| 2018 | 0.42x | $2.04 Billion | $4.89 Billion | $1.98 Billion | ▼ -31.9% |
| 2017 | 0.61x | $2.41 Billion | $3.93 Billion | $2.25 Billion | ▲ +15.8% |
| 2016 | 0.53x | $2.27 Billion | $4.29 Billion | $2.15 Billion | ▼ -28.0% |
| 2015 | 0.74x | $2.38 Billion | $3.24 Billion | $2.14 Billion | ▲ +10.3% |
| 2014 | 0.67x | $1.93 Billion | $2.90 Billion | $1.83 Billion | ▲ +9.8% |
| 2013 | 0.61x | $1.51 Billion | $2.49 Billion | $1.45 Billion | ▼ -32.8% |
| 2012 | 0.90x | $1.86 Billion | $2.06 Billion | $1.35 Billion | ▲ +23.0% |
| 2011 | 0.73x | $1.02 Billion | $1.39 Billion | $968.00 Million | ▼ -89.6% |
| 2010 | 7.03x | $10.97 Billion | $1.56 Billion | $493.00 Million | ▲ +340.6% |
| 2009 | 1.59x | $1.57 Billion | $985.00 Million | $585.00 Million | ▲ +240.9% |
| 2007 | 0.47x | $1.33 Billion | $2.85 Billion | $1.33 Billion | ▼ -53.0% |
| 2006 | 1.00x | $1.40 Billion | $1.41 Billion | $1.40 Billion | ▲ +83.3% |
| 2005 | 0.54x | $1.21 Billion | $2.23 Billion | $1.21 Billion | ▼ -64.6% |
| 2004 | 1.53x | $1.77 Billion | $1.16 Billion | $1.77 Billion | ▲ +65.6% |
| 2003 | 0.93x | $1.24 Billion | $1.34 Billion | $1.24 Billion | ▼ -20.1% |
| 2002 | 1.16x | $603.06 Million | $520.21 Million | $603.06 Million | ▲ +72.5% |
| 2001 | 0.67x | $997.84 Million | $1.48 Billion | $997.84 Million | ▼ -23.1% |
| 2000 | 0.87x | $1.13 Billion | $1.30 Billion | $1.13 Billion | ▼ -25.0% |
| 1999 | 1.17x | $1.17 Billion | $1.00 Billion | $1.17 Billion | ▲ +9.1% |
| 1998 | 1.07x | $947.10 Million | $886.13 Million | $947.10 Million | ▼ -5.3% |
| 1997 | 1.13x | $688.93 Million | $610.59 Million | $688.93 Million | ▲ +2.5% |
| 1996 | 1.10x | $677.43 Million | $615.23 Million | $677.43 Million | ▼ -31.0% |
| 1995 | 1.60x | $728.64 Million | $456.44 Million | $728.64 Million | ▼ -16.5% |
| 1994 | 1.91x | $788.65 Million | $412.67 Million | $788.65 Million | ▲ +43.2% |
| 1993 | 1.33x | $524.20 Million | $392.70 Million | $524.20 Million | ▼ -13.7% |
| 1992 | 1.55x | $409.20 Million | $264.50 Million | $409.20 Million | ▼ -53.2% |
| 1991 | 3.31x | $341.10 Million | $103.20 Million | $341.10 Million | ▲ +16.4% |
| 1990 | 2.84x | $317.70 Million | $111.90 Million | $317.70 Million | ▲ +82.1% |
| 1989 | 1.56x | $261.90 Million | $168.00 Million | $261.90 Million | — |