LUV (Southwest Airlines Co) Other Operating Expense: $4,382 Mil (TTM As of Jun. 2026)

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LUV Southwest Airlines Co LUV
84 GF Score
Price $46.87
GF Value $42.70
Valuation Fairly Valued
! 2 Warning Signs
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What is Southwest Airlines Co Other Operating Expense?

Southwest Airlines Co LUV +4.21% 84 Other Operating Expense is $4,382 Mil as of Jun. 2026. GuruFocus rates LUV with a GF Score™ of 84/100 and a GF Value™ of $42.70 (Fairly Valued). The stock has 2 warning signs investors should review.

Southwest Airlines Co's Other Operating Expense for the three months ended in Jun. 2026 was $1,101 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was $4,382 Mil.

Southwest Airlines Co's quarterly Other Operating Expense declined from Dec. 2025 ($1,121 Mil) to Mar. 2026 ($1,037 Mil) but then increased from Mar. 2026 ($1,037 Mil) to Jun. 2026 ($1,101 Mil).

Southwest Airlines Co's annual Other Operating Expense increased from Dec. 2023 ($3,999 Mil) to Dec. 2024 ($4,138 Mil) and increased from Dec. 2024 ($4,138 Mil) to Dec. 2025 ($4,467 Mil).


Southwest Airlines Co Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Southwest Airlines Co's Other Operating Expense 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.

Southwest Airlines Co Other Operating Expense Chart

Southwest Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,394.00 3,735.00 3,999.00 4,138.00 4,467.00

Southwest Airlines Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,133.00 1,123.00 1,121.00 1,037.00 1,101.00
LUV
84GF Score
Southwest Airlines Co LUV
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Southwest Airlines Co Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,382 Mil.

* 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.

What does a Other Operating Expense of $4,382 Mil mean?
Southwest Airlines Co (LUV) has a Other Operating Expense of $4,382 Mil as of Jun. 2026. Other operating expenses that a company records on its income statement. View historical data on Southwest Airlines Co and its competitors.
Is Southwest Airlines Co's Other Operating Expense too high?
Southwest Airlines Co's current Other Operating Expense is $4,382 Mil. Overall, Southwest Airlines Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southwest Airlines Co's Other Operating Expense compare to AAL and UAL?
Southwest Airlines Co's Other Operating Expense of $4,382 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Transportation company?
A good Other Operating Expense depends on the Transportation industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Southwest Airlines Co and its competitors. Southwest Airlines Co's current Other Operating Expense is $4,382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Southwest Airlines Co (LUV) is currently considered Fairly Valued. The stock's GF Value™ is $42.70, compared to a current price of $46.87 — trading 9.8% above its estimated fair value. The current Other Operating Expense is $4,382 Mil. Southwest Airlines Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Southwest Airlines Co (LUV), the current Other Operating Expense is $4,382 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southwest Airlines Co (LUV) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Airlines Co stock appears to be overvalued. The current stock price of $46.87 is trading 9.8% above its estimated GF Value™ of $42.70. GuruFocus considers Southwest Airlines Co to be Fairly Valued.

Key valuation signals for LUV:

  • Other Operating Expense: $4,382 Mil
  • GF Value™: $42.70 vs. price of $46.87 (9.8% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the LUV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southwest Airlines Co Business Description

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 nearly 800 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 operated with a simple cabin configuration in a point-to-point network. In early 2026, Southwest modified its cabins to offer some rows with extra legroom, its ticketing process and merchandising to offer assigned seats, and more fare categories to include a basic economy class that appears for the first time in travel aggregators' search results and more directly competes with other airlines' offerings.
84GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.87
Price
$42.70
GF Value