Southwest Airlines Company (LUV) — Cash Flow-to-Debt Ratio
Southwest Airlines Company (LUV) has a Cash Flow-to-Debt Ratio of 0.06x as of March 2026, meaning its operating cash flow of $1.42 Billion could theoretically repay 0% of its total liabilities ($22.48 Billion) in one year. Explore LUV long-term investment intensity to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Southwest Airlines Company Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Southwest Airlines Company across 37 annual periods. Also explore Southwest Airlines Company total assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Southwest Airlines Company (1989–2025)
Year-by-year debt coverage analysis for Southwest Airlines Company. For market capitalisation and broader financial context, see market value of Southwest Airlines Company.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | $1.84 Billion | $21.08 Billion | ▲ +342.6% |
| 2024 | 0.02x | $462.00 Million | $23.40 Billion | ▼ -83.8% |
| 2023 | 0.12x | $3.16 Billion | $25.97 Billion | ▼ -20.7% |
| 2022 | 0.15x | $3.79 Billion | $24.68 Billion | ▲ +71.3% |
| 2021 | 0.09x | $2.32 Billion | $25.91 Billion | ▲ +304.5% |
| 2020 | -0.04x | $-1.13 Billion | $25.71 Billion | ▼ -117.7% |
| 2019 | 0.25x | $3.99 Billion | $16.06 Billion | ▼ -16.9% |
| 2018 | 0.30x | $4.89 Billion | $16.39 Billion | ▲ +11.5% |
| 2017 | 0.27x | $3.93 Billion | $14.68 Billion | ▼ -7.5% |
| 2016 | 0.29x | $4.29 Billion | $14.85 Billion | ▲ +24.6% |
| 2015 | 0.23x | $3.24 Billion | $13.95 Billion | ▲ +6.3% |
| 2014 | 0.22x | $2.90 Billion | $13.29 Billion | ▲ +5.3% |
| 2013 | 0.21x | $2.49 Billion | $12.01 Billion | ▲ +16.7% |
| 2012 | 0.18x | $2.06 Billion | $11.62 Billion | ▲ +43.5% |
| 2011 | 0.12x | $1.39 Billion | $11.19 Billion | ▼ -26.9% |
| 2010 | 0.17x | $1.56 Billion | $9.23 Billion | ▲ +51.2% |
| 2009 | 0.11x | $985.00 Million | $8.80 Billion | ▲ +168.8% |
| 2008 | -0.16x | $-1.52 Billion | $9.36 Billion | ▼ -156.2% |
| 2007 | 0.29x | $2.85 Billion | $9.83 Billion | ▲ +44.3% |
| 2006 | 0.20x | $1.41 Billion | $7.01 Billion | ▼ -32.1% |
| 2005 | 0.30x | $2.23 Billion | $7.54 Billion | ▲ +48.5% |
| 2004 | 0.20x | $1.16 Billion | $5.81 Billion | ▼ -28.1% |
| 2003 | 0.28x | $1.34 Billion | $4.83 Billion | ▲ +141.2% |
| 2002 | 0.11x | $520.21 Million | $4.53 Billion | ▼ -61.5% |
| 2001 | 0.30x | $1.48 Billion | $4.98 Billion | ▼ -26.1% |
| 2000 | 0.40x | $1.30 Billion | $3.22 Billion | ▲ +13.4% |
| 1999 | 0.36x | $1.00 Billion | $2.82 Billion | ▼ -7.0% |
| 1998 | 0.38x | $886.13 Million | $2.32 Billion | ▲ +40.1% |
| 1997 | 0.27x | $610.59 Million | $2.24 Billion | ▼ -7.9% |
| 1996 | 0.30x | $615.23 Million | $2.08 Billion | ▲ +18.8% |
| 1995 | 0.25x | $456.44 Million | $1.83 Billion | ▼ -4.2% |
| 1994 | 0.26x | $412.67 Million | $1.58 Billion | ▲ +0.9% |
| 1993 | 0.26x | $392.70 Million | $1.52 Billion | ▲ +40.3% |
| 1992 | 0.18x | $264.50 Million | $1.44 Billion | ▲ +115.3% |
| 1991 | 0.09x | $103.20 Million | $1.21 Billion | ▼ -33.9% |
| 1990 | 0.13x | $111.90 Million | $866.20 Million | ▼ -36.3% |
| 1989 | 0.20x | $168.00 Million | $827.80 Million | — |