Southwest Airlines (LUV) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 59.8% -6.55% -16.3% -65.5% -37.2%   -14.7%  
Changes by years, y/y, % -1pp -66pp -10pp -49pp +28pp     -13%

Southwest Airlines. FCF conversion, %

Southwest Airlines. FCF conversion, changes, pp

Southwest Airlines (LUV) FCF conversion US GAAP (quarter values)

FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
FCF conversion, % -80.8% -69.7% 108.7% -36.7% -65.8%   -14.7%
Changes by years, y/y, % -10pp -72pp -42pp -4pp -33pp    
Changes by quarters, q/q, % -48pp +11pp +178pp -145pp -29pp    

Southwest Airlines. FCF conversion, %

Southwest Airlines. FCF conversion, changes, pp

Southwest Airlines. FCF conversion, changes, pp