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Southwest Airlines Co (FRA:SWN) Forward PE Ratio

: 18.55 (As of Today)
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Southwest Airlines Co's Forward PE Ratio for today is 18.55.

Southwest Airlines Co's PE Ratio without NRI for today is 18.39.

Southwest Airlines Co's PE Ratio for today is 38.75.


Southwest Airlines Co Forward PE Ratio Historical Data

The historical data trend for Southwest Airlines Co's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => 11.10 [1] => 13.95 [2] => 15.24 [3] => 9.78 [4] => 10.76 [5] => 123.46 [6] => 19.69 [7] => 9.40 [8] => 10.96 [9] => 19.84 )
Southwest Airlines Co Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
11.10 13.95 15.24 9.78 10.76 123.46 19.69 9.40 10.96 19.84

Southwest Airlines Co Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-09 2020-12 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 11.10 9.88 9.21 9.44 13.95 14.31 15.90 12.90 15.24 11.36 11.40 12.17 9.78 10.48 10.78 10.27 10.76 12.87 53.76 123.46 17.76 19.69 47.62 14.33 8.51 9.40 10.60 11.99 9.43 10.96 19.38

Competitive Comparison

For the Airlines subindustry, Southwest Airlines Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southwest Airlines Co Forward PE Ratio Distribution

For the Transportation industry and Industrials sector, Southwest Airlines Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Southwest Airlines Co's Forward PE Ratio falls into.



Southwest Airlines Co Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Southwest Airlines Co  (FRA:SWN) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Southwest Airlines Co Forward PE Ratio Related Terms

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Southwest Airlines Co (FRA:SWN) Business Description

Traded in Other Exchanges
Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.