What is the current annual payout ratio of LUV?

As of today, LUV annual payout ratio is 88.66%

What is 1-year change in LUV annual payout ratio?

LUV annual payout ratio is down -3.67% year-over-year

What is 3-year change in LUV annual payout ratio?

LUV annual payout ratio is up +100.00% over the past 3 years

How far is LUV annual payout ratio from its all-time high?

LUV annual payout ratio is currently -3.67% below its historical high of 92.04% set on December 31, 2023

How does LUV annual payout ratio rank versus sector peers?

LUV annual payout ratio is higher than 95.77% of companies in Industrials sector

When is LUV next annual earnings release?

The next annual earnings release for LUV is on January 28, 2026

What is LUV next ex-dividend date?

As of today, the next dividend for LUV has not been scheduled

What is the current TTM payout ratio of LUV?

As of today, LUV TTM payout ratio is 109.71%

What is LUV TTM payout ratio most recent change?

LUV TTM payout ratio remained unchanged on January 9, 2026

What is 1-year change in LUV TTM payout ratio?

LUV TTM payout ratio is up +8.25% year-over-year

How far is LUV TTM payout ratio from its all-time high?

LUV TTM payout ratio is currently -82.00% below its historical high of 609.65% set on June 30, 2024

How does LUV TTM payout ratio rank versus sector peers?

LUV TTM payout ratio is higher than 96.99% of companies in Industrials sector

When is LUV next earnings release?

The next earnings release for LUV is on January 28, 2026

What is LUV next ex-dividend date?

As of today, the next dividend for LUV has not been scheduled

What is the current quarterly payout ratio of LUV?

As of today, LUV quarterly payout ratio is 350.00%

What is LUV quarterly payout ratio most recent change?

LUV quarterly payout ratio was up +623.74% on September 30, 2025

What is 1-year change in LUV quarterly payout ratio?

LUV quarterly payout ratio is up +8.56% year-over-year

How far is LUV quarterly payout ratio from its all-time high?

LUV quarterly payout ratio is currently at its all-time high

How does LUV quarterly payout ratio rank versus sector peers?

LUV quarterly payout ratio is higher than 99.31% of companies in Industrials sector

When is LUV next earnings release?

The next earnings release for LUV is on January 28, 2026

What is LUV next ex-dividend date?

As of today, the next dividend for LUV has not been scheduled

LUV Payout Ratio History & Chart Since 1980

Annual Payout Ratio

88.66%3.38%-3.67%

December 31, 2024

Summary

Current Value: As of today, LUV annual payout ratio is 88.66%, down -3.67% on December 31, 2024
Historical Performance: LUV annual payout ratio is up +100.00% over the past 3 years, and up +448.30% over the past 5 years
All-Time High Comparison: LUV annual payout ratio is currently -3.67% below its historical high of 92.04% set on December 31, 2023
3-Year Low Comparison: LUV annual payout ratio vs 3-year low value is unknown
Sector Comparison: LUV annual payout ratio is higher than 95.77% of companies in Industrials sector

Payout Ratio Chart

Performance

LUV Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 24	88.66%	-3.7%	+100.0%	+448.3%	+575.3%
Quarterly Payout Ratio	Sep 30, 25	350.00%	+8.6%	+100.0%	+100.0%	+10000.0%
TTM Payout Ratio	Jan 9, 26	109.71%	+8.3%	+381.6%	+3336.3%	+3619.0%
Price	Jan 9, 26	$44.52	+35.4%	+25.0%	-5.2%	+235.0%
Annual Dividend Yield	Jan 9, 26	1.62%	-26.0%	-19.8%	+5.9%	+1057.1%
Annual Dividends Paid	Dec 31, 24	$430.00M	+0.5%	+100.0%	+15.6%	+3207.7%
Annual Dividend Per Share	Dec 31, 24	$0.72	0.0%	0.0%	+2.9%	+3900.0%
Annual Free Cash Flow	Dec 31, 24	-$1.62B	-315.9%	-189.3%	-154.7%	-504.5%
Annual Revenue	Dec 31, 24	$27.48B	+5.3%	+74.0%	+22.5%	+165.5%
Annual EPS	Dec 31, 24	$0.75	+3.8%	-53.0%	-82.3%	+480.2%

Payout Ratio Highs

LUV Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	92.04%	Dec 31, 23	-3.7%
5Y	92.04%	Dec 31, 23	-3.7%
All	92.04%	Dec 31, 23	-3.7%

Payout Ratio Lows

LUV Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	0.00%	N/A	N/A
5Y	-6.12%	N/A	+1548.7%
All	-6.12%	Dec 31, 20	+1548.7%

Payout Ratio History

Year	Value	Change
2024	88.66%	-3.7%
2023	92.04%	>+9,900.0%
2022	0.00%	0.0%
2021	0.00%	+100.0%
2020	-6.12%	-137.8%
2019	16.17%	+20.0%
2018	13.47%	+65.1%
2017	8.16%	-19.7%
2016	10.16%	+23.3%
2015	8.24%	-32.4%
2014	12.19%	+30.0%
2013	9.38%	+79.3%
2012	5.23%	-33.5%
2011	7.87%	+178.1%
2010	2.83%	-78.4%
2009	13.13%	+79.9%
2008	7.30%	+236.4%
2007	2.17%	-22.8%
2006	2.81%	+10.2%
2005	2.55%	-43.0%
2004	4.47%	+41.0%
2003	3.17%	-45.0%
2002	5.76%	+119.0%

Year	Value	Change
2001	2.63%	+49.4%
2000	1.76%	-23.1%
1999	2.29%	+7.0%
1998	2.14%	+3.4%
1997	2.07%	-31.0%
1996	3.00%	-4.8%
1995	3.15%	-1.3%
1994	3.19%	-8.3%
1993	3.48%	-35.2%
1992	5.37%	-65.7%
1991	15.67%	+79.3%
1990	8.74%	+49.7%
1989	5.84%	-18.3%
1988	7.15%	-65.4%
1987	20.67%	+146.7%
1986	8.38%	-1.3%
1985	8.49%	+10.1%
1984	7.71%	-16.4%
1983	9.22%	-9.3%
1982	10.16%	+25.3%
1981	8.11%	+20.0%
1980	6.76%	-

FAQ

What is the current annual payout ratio of LUV?
As of today, LUV annual payout ratio is 88.66%
What is 1-year change in LUV annual payout ratio?
LUV annual payout ratio is down -3.67% year-over-year
What is 3-year change in LUV annual payout ratio?
LUV annual payout ratio is up +100.00% over the past 3 years
How far is LUV annual payout ratio from its all-time high?
LUV annual payout ratio is currently -3.67% below its historical high of 92.04% set on December 31, 2023
How does LUV annual payout ratio rank versus sector peers?
LUV annual payout ratio is higher than 95.77% of companies in Industrials sector
When is LUV next annual earnings release?
The next annual earnings release for LUV is on January 28, 2026
What is LUV next ex-dividend date?
As of today, the next dividend for LUV has not been scheduled

TTM Payout Ratio

109.71%0.00%0.00%

January 9, 2026

Summary

Current Value: As of today, LUV TTM payout ratio is 109.71%, unchanged on January 9, 2026
Historical Performance: LUV TTM payout ratio is up +8.25% year-over-year, and up +381.61% over the past 3 years
All-Time High Comparison: LUV TTM payout ratio is currently -82.00% below its historical high of 609.65% set on June 30, 2024
3-Year Low Comparison: LUV TTM payout ratio is +110.97% above its 3-year low of -1,000.00% reached on September 30, 2024
Sector Comparison: LUV TTM payout ratio is higher than 96.99% of companies in Industrials sector

Performance

LUV Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jan 9, 26	109.71%	0.0%	+8.3%	+381.6%	+3336.3%
Quarterly Payout Ratio	Sep 30, 25	350.00%	+623.7%	+8.6%	+100.0%	+100.0%
Annual Payout Ratio	Dec 31, 24	88.66%	–	-3.7%	+100.0%	+448.3%
Price	Jan 9, 26	$44.52	+40.5%	+35.4%	+25.0%	-5.2%
TTM Dividend Yield	Jan 9, 26	1.62%	-28.6%	-26.0%	+217.7%	+326.3%
TTM Dividends Paid	Sep 30, 25	$400.00M	-6.3%	-7.2%	+100.0%	+112.8%
TTM Dividend Per Share	Jan 9, 26	$0.72	0.0%	0.0%	+300.0%	+300.0%
TTM Free Cash Flow	Sep 30, 25	-$251.00M	+7.7%	+87.0%	-136.2%	+36.1%
TTM Revenue	Sep 30, 25	$27.55B	+0.3%	+0.7%	+21.4%	+115.9%
TTM EPS	Sep 30, 25	$0.66	-1.3%	+1011.5%	-48.5%	+123.5%

TTM Payout Ratio Highs

LUV TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	109.71%	Sep 30, 25	at high
3Y	609.65%	Jun 30, 24	-82.0%
5Y	609.65%	Jun 30, 24	-82.0%
All	609.65%	Jun 30, 24	-82.0%

TTM Payout Ratio Lows

LUV TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	85.49%	Mar 31, 25	+28.3%
3Y	-1,000.00%	Sep 30, 24	+111.0%
5Y	-1,000.00%	Sep 30, 24	+111.0%
All	-1,000.00%	Sep 30, 24	+111.0%

TTM Payout Ratio History

Month	Value	Change
Jan 2026	109.71%	0.0%
Sep 2025	109.71%	+1.3%
Jun 2025	108.25%	+26.6%
Mar 2025	85.49%	-15.6%
Dec 2024	101.35%	+110.1%
Sep 2024	-1,000.00%	-264.0%
Jun 2024	609.65%	+421.7%
Mar 2024	116.85%	+19.3%
Dec 2023	97.91%	-0.4%
Sep 2023	98.31%	+57.3%
Jun 2023	62.48%	+72.2%
Mar 2023	36.28%	>+9,900.0%
Dec 2022	0.00%	0.0%
Sep 2022	0.00%	0.0%
Jun 2022	0.00%	0.0%
Mar 2022	0.00%	0.0%
Dec 2021	0.00%	0.0%
Sep 2021	0.00%	0.0%
Jun 2021	0.00%	0.0%
Mar 2021	0.00%	+100.0%
Dec 2020	-3.39%	+73.7%
Sep 2020	-12.89%	-109.6%
Jun 2020	134.43%	+533.8%
Mar 2020	21.21%	+29.6%
Dec 2019	16.36%	+7.6%
Sep 2019	15.20%	-0.5%
Jun 2019	15.28%	+0.8%
Mar 2019	15.16%	+8.0%
Dec 2018	14.04%	+55.7%
Sep 2018	9.02%	+3.2%
Jun 2018	8.74%	+6.3%
Mar 2018	8.22%	+1.1%
Dec 2017	8.13%	-36.8%
Sep 2017	12.86%	-2.0%
Jun 2017	13.12%	+7.9%
Mar 2017	12.16%	+14.5%
Dec 2016	10.62%	+6.5%
Sep 2016	9.97%	+15.7%
Jun 2016	8.62%	-2.6%
Mar 2016	8.85%	+1.4%
Dec 2015	8.73%	-11.9%
Sep 2015	9.91%	-9.6%
Jun 2015	10.96%	-4.3%
Mar 2015	11.45%	-14.1%
Dec 2014	13.33%	+11.3%
Sep 2014	11.98%	+3.8%
Jun 2014	11.54%	-13.4%
Mar 2014	13.33%	+8.7%
Dec 2013	12.26%	+6.7%
Sep 2013	11.49%	-14.6%
Jun 2013	13.46%	+71.7%
Mar 2013	7.84%	+27.3%
Dec 2012	6.16%	+36.9%
Sep 2012	4.50%	-14.9%
Jun 2012	5.29%	+4.1%
Mar 2012	5.08%	-33.9%
Dec 2011	7.69%	-6.0%
Sep 2011	8.18%	+204.1%
Jun 2011	2.69%	-8.8%
Mar 2011	2.95%	0.0%
Dec 2010	2.95%	-4.2%
Sep 2010	3.08%	-49.5%
Jun 2010	6.10%	-10.2%
Mar 2010	6.79%	-49.1%
Dec 2009	13.33%	+174.1%
Sep 2009	-18.00%	-140.0%
Jun 2009	-7.50%	-133.3%
Mar 2009	22.50%	+212.5%
Dec 2008	7.20%	+92.0%
Sep 2008	3.75%	+79.4%
Jun 2008	2.09%	-9.5%
Mar 2008	2.31%	+9.0%
Dec 2007	2.12%	-9.4%
Sep 2007	2.34%	-20.7%
Jun 2007	2.95%	+6.5%
Mar 2007	2.77%	-7.7%
Dec 2006	3.00%	+4.9%
Sep 2006	2.86%	+31.8%
Jun 2006	2.17%	-26.4%

Month	Value	Change
Mar 2006	2.95%	+3.1%
Dec 2005	2.86%	-4.7%
Sep 2005	3.00%	-18.3%
Jun 2005	3.67%	-8.3%
Mar 2005	4.00%	-13.4%
Dec 2004	4.62%	+2.7%
Sep 2004	4.50%	-5.1%
Jun 2004	4.74%	+42.3%
Mar 2004	3.33%	0.0%
Dec 2003	3.33%	-5.7%
Sep 2003	3.53%	-7.8%
Jun 2003	3.83%	-36.2%
Mar 2003	6.00%	0.0%
Dec 2002	6.00%	+10.1%
Sep 2002	5.45%	+30.1%
Jun 2002	4.19%	+21.1%
Mar 2002	3.46%	+23.1%
Dec 2001	2.81%	+23.2%
Sep 2001	2.28%	+10.7%
Jun 2001	2.06%	+7.9%
Mar 2001	1.91%	+1.6%
Dec 2000	1.88%	-1.6%
Sep 2000	1.91%	-9.5%
Jun 2000	2.11%	-7.0%
Mar 2000	2.27%	+12.4%
Dec 1999	2.02%	-4.3%
Sep 1999	2.11%	+3.4%
Jun 1999	2.04%	+1.5%
Mar 1999	2.01%	-12.2%
Dec 1998	2.29%	-1.7%
Sep 1998	2.33%	-0.4%
Jun 1998	2.34%	-4.1%
Mar 1998	2.44%	+2.1%
Dec 1997	2.39%	-8.1%
Sep 1997	2.60%	-10.3%
Jun 1997	2.90%	-2.0%
Mar 1997	2.96%	-5.7%
Dec 1996	3.14%	+9.4%
Sep 1996	2.87%	+5.9%
Jun 1996	2.71%	-7.5%
Mar 1996	2.93%	-12.0%
Dec 1995	3.33%	-12.6%
Sep 1995	3.81%	-4.8%
Jun 1995	4.00%	0.0%
Mar 1995	4.00%	+25.0%
Dec 1994	3.20%	+11.9%
Sep 1994	2.86%	-7.1%
Jun 1994	3.08%	-5.2%
Mar 1994	3.25%	-1.5%
Dec 1993	3.30%	-6.3%
Sep 1993	3.52%	-7.1%
Jun 1993	3.79%	-13.5%
Mar 1993	4.38%	-3.3%
Dec 1992	4.53%	-17.6%
Sep 1992	5.50%	-5.5%
Jun 1992	5.82%	-9.1%
Mar 1992	6.40%	-50.0%
Dec 1991	12.80%	-40.0%
Sep 1991	21.33%	0.0%
Jun 1991	21.33%	+69.3%
Mar 1991	12.60%	+42.2%
Dec 1990	8.86%	+30.7%
Sep 1990	6.78%	+1.6%
Jun 1990	6.67%	-11.1%
Mar 1990	7.50%	+25.0%
Dec 1989	6.00%	+10.1%
Sep 1989	5.45%	+10.8%
Jun 1989	4.92%	-6.6%
Mar 1989	5.27%	-16.7%
Dec 1988	6.33%	-51.7%
Dec 1987	13.11%	+63.9%
Dec 1986	8.00%	0.0%
Dec 1985	8.00%	>+9,900.0%
Dec 1984	0.00%	0.0%
Dec 1983	0.00%	0.0%
Dec 1982	0.00%	0.0%
Dec 1981	0.00%	0.0%
Dec 1980	0.00%	-

FAQ

What is the current TTM payout ratio of LUV?
As of today, LUV TTM payout ratio is 109.71%
What is LUV TTM payout ratio most recent change?
LUV TTM payout ratio remained unchanged on January 9, 2026
What is 1-year change in LUV TTM payout ratio?
LUV TTM payout ratio is up +8.25% year-over-year
How far is LUV TTM payout ratio from its all-time high?
LUV TTM payout ratio is currently -82.00% below its historical high of 609.65% set on June 30, 2024
How does LUV TTM payout ratio rank versus sector peers?
LUV TTM payout ratio is higher than 96.99% of companies in Industrials sector
When is LUV next earnings release?
The next earnings release for LUV is on January 28, 2026
What is LUV next ex-dividend date?
As of today, the next dividend for LUV has not been scheduled

Quarterly Payout Ratio

350.00%301.64%+623.74%

September 30, 2025

Summary

Current Value: As of today, LUV quarterly payout ratio is 350.00%, up +623.74% on September 30, 2025
Historical Performance: LUV quarterly payout ratio is up +8.56% year-over-year, and up +100.00% over the past 3 years
All-Time High Comparison: LUV quarterly payout ratio is currently at its all-time high
3-Year Low Comparison: LUV quarterly payout ratio is +360.05% above its 3-year low of -134.59% reached on March 31, 2023
Sector Comparison: LUV quarterly payout ratio is higher than 99.31% of companies in Industrials sector

Performance

LUV Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 25	350.00%	+623.7%	+8.6%	+100.0%	+100.0%
Annual Payout Ratio	Dec 31, 24	88.66%	–	-3.7%	+100.0%	+448.3%
TTM Payout Ratio	Jan 9, 26	109.71%	0.0%	+8.3%	+381.6%	+3336.3%
Price	Jan 9, 26	$44.52	+40.5%	+35.4%	+25.0%	-5.2%
TTM Dividend Yield	Jan 9, 26	1.62%	-28.6%	-26.0%	+217.7%	+326.3%
Quarterly Dividends Paid	Sep 30, 25	$189.00M	+83.5%	-12.5%	+100.0%	+100.0%
TTM Dividend Per Share	Jan 9, 26	$0.72	0.0%	0.0%	+300.0%	+300.0%
Quarterly Free Cash Flow	Sep 30, 25	-$392.00M	-67.5%	+5.1%	+53.6%	+65.6%
Quarterly Revenue	Sep 30, 25	$6.95B	-4.1%	+1.1%	+11.7%	+287.6%
Quarterly EPS	Sep 30, 25	$0.10	-73.9%	-7.9%	-76.3%	+105.2%

Quarterly Payout Ratio Highs

LUV Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	350.00%	Sep 30, 25	at high
3Y	350.00%	Sep 30, 25	at high
5Y	350.00%	Sep 30, 25	at high
All	350.00%	Sep 30, 25	at high

Quarterly Payout Ratio Lows

LUV Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	-71.81%	Mar 31, 25	+587.4%
3Y	-134.59%	Mar 31, 23	+360.1%
5Y	-134.59%	Mar 31, 23	+360.1%
All	-200.00%	Mar 31, 20	+275.0%

Quarterly Payout Ratio History

Month	Value	Change
Sep 2025	350.00%	+623.7%
Jun 2025	48.36%	+167.3%
Mar 2025	-71.81%	>-9,900.0%
Dec 2024	0.38%	-99.9%
Sep 2024	322.39%	>+9,900.0%
Jun 2024	0.00%	+100.0%
Mar 2024	-93.07%	>-9,900.0%
Dec 2023	0.00%	-100.0%
Sep 2023	110.88%	>+9,900.0%
Jun 2023	0.00%	+100.0%
Mar 2023	-134.59%	>-9,900.0%
Dec 2022	0.00%	0.0%
Sep 2022	0.00%	0.0%
Jun 2022	0.00%	0.0%
Mar 2022	0.00%	0.0%
Dec 2021	0.00%	0.0%
Sep 2021	0.00%	0.0%
Jun 2021	0.00%	0.0%
Mar 2021	0.00%	0.0%
Dec 2020	0.00%	0.0%
Sep 2020	0.00%	0.0%
Jun 2020	0.00%	+100.0%
Mar 2020	-200.00%	>-9,900.0%
Dec 2019	0.00%	-100.0%
Sep 2019	14.57%	+10.1%
Jun 2019	13.23%	-71.2%
Mar 2019	45.99%	>+9,900.0%
Dec 2018	0.00%	-100.0%
Sep 2018	14.96%	+19.2%
Jun 2018	12.55%	-60.7%
Mar 2018	31.97%	>+9,900.0%
Dec 2017	0.00%	-100.0%
Sep 2017	14.20%	+38.8%
Jun 2017	10.23%	-71.8%
Mar 2017	36.28%	>+9,900.0%
Dec 2016	0.00%	-100.0%
Sep 2016	15.98%	+104.9%
Jun 2016	7.80%	-58.2%
Mar 2016	18.68%	>+9,900.0%
Dec 2015	0.00%	-100.0%
Sep 2015	8.38%	+2.1%
Jun 2015	8.21%	-54.0%
Mar 2015	17.84%	+3,266.0%
Dec 2014	0.53%	-95.7%
Sep 2014	12.42%	+41.1%
Jun 2014	8.80%	-76.0%
Mar 2014	36.60%	>+9,900.0%
Dec 2013	0.00%	-100.0%
Sep 2013	10.77%	-13.4%
Jun 2013	12.44%	-51.1%
Mar 2013	25.42%	>+9,900.0%
Dec 2012	0.00%	-100.0%
Sep 2012	50.00%	+1,528.7%
Jun 2012	3.07%	-57.0%
Mar 2012	7.14%	>+9,900.0%
Dec 2011	0.00%	+100.0%
Sep 2011	-2.86%	-254.6%
Jun 2011	1.85%	-98.7%
Mar 2011	140.00%	>+9,900.0%
Dec 2010	0.00%	-100.0%
Sep 2010	1.46%	-45.5%
Jun 2010	2.68%	-95.8%
Mar 2010	63.64%	>+9,900.0%
Dec 2009	0.00%	+100.0%
Sep 2009	-18.75%	-668.2%
Jun 2009	3.30%	+142.9%
Mar 2009	-7.69%	>-9,900.0%
Dec 2008	0.00%	+100.0%
Sep 2008	-2.50%	-368.8%
Jun 2008	0.93%	-95.5%
Mar 2008	20.59%	>+9,900.0%
Dec 2007	0.00%	-100.0%
Sep 2007	1.85%	+28.5%
Jun 2007	1.44%	-80.9%

Month	Value	Change
Mar 2007	7.53%	>+9,900.0%
Dec 2006	0.00%	-100.0%
Sep 2006	6.25%	+420.8%
Jun 2006	1.20%	-89.5%
Mar 2006	11.48%	>+9,900.0%
Dec 2005	0.00%	-100.0%
Sep 2005	1.43%	-48.6%
Jun 2005	2.78%	-69.8%
Mar 2005	9.21%	>+9,900.0%
Dec 2004	0.00%	-100.0%
Sep 2004	2.52%	-28.8%
Jun 2004	3.54%	-86.8%
Mar 2004	26.92%	>+9,900.0%
Dec 2003	0.00%	-100.0%
Sep 2003	2.83%	+73.6%
Jun 2003	1.63%	-94.4%
Mar 2003	29.17%	>+9,900.0%
Dec 2002	0.00%	-100.0%
Sep 2002	4.65%	+36.8%
Jun 2002	3.40%	-89.5%
Mar 2002	32.34%	>+9,900.0%
Dec 2001	0.00%	-100.0%
Sep 2001	2.28%	+16.9%
Jun 2001	1.95%	-64.1%
Mar 2001	5.43%	>+9,900.0%
Dec 2000	0.00%	-100.0%
Sep 2000	1.48%	+2.8%
Jun 2000	1.44%	-75.0%
Mar 2000	5.76%	>+9,900.0%
Dec 1999	0.00%	-100.0%
Sep 1999	0.24%	-93.2%
Jun 1999	3.51%	-32.8%
Mar 1999	5.22%	>+9,900.0%
Dec 1998	0.00%	-100.0%
Sep 1998	2.02%	+21.0%
Jun 1998	1.67%	-73.7%
Mar 1998	6.34%	>+9,900.0%
Dec 1997	0.01%	-99.5%
Sep 1997	1.84%	+1.7%
Jun 1997	1.81%	-71.2%
Mar 1997	6.29%	>+9,900.0%
Dec 1996	0.06%	-97.7%
Sep 1996	2.63%	+39.9%
Jun 1996	1.88%	-79.3%
Mar 1996	9.09%	>+9,900.0%
Dec 1995	0.00%	-100.0%
Sep 1995	2.07%	-11.9%
Jun 1995	2.35%	-90.4%
Mar 1995	24.58%	+256.2%
Dec 1994	6.90%	+188.7%
Sep 1994	2.39%	-6.6%
Jun 1994	2.56%	-23.6%
Mar 1994	3.35%	+9.5%
Dec 1993	3.06%	-50.2%
Sep 1993	6.15%	>+9,900.0%
Jun 1993	0.00%	-100.0%
Mar 1993	3.42%	-28.7%
Dec 1992	4.80%	-0.6%
Sep 1992	4.83%	-5.5%
Jun 1992	5.11%	+20.8%
Mar 1992	4.23%	-62.8%
Dec 1991	11.36%	+62.1%
Sep 1991	7.01%	-25.7%
Jun 1991	9.43%	+170.3%
Mar 1991	-13.41%	+38.3%
Dec 1990	-21.74%	-554.8%
Sep 1990	4.78%	+12.2%
Jun 1990	4.26%	-78.3%
Mar 1990	19.61%	+60.7%
Dec 1989	12.20%	+172.9%
Sep 1989	4.47%	-14.2%
Jun 1989	5.21%	-7.1%
Mar 1989	5.61%	-

FAQ

What is the current quarterly payout ratio of LUV?
As of today, LUV quarterly payout ratio is 350.00%
What is LUV quarterly payout ratio most recent change?
LUV quarterly payout ratio was up +623.74% on September 30, 2025
What is 1-year change in LUV quarterly payout ratio?
LUV quarterly payout ratio is up +8.56% year-over-year
How far is LUV quarterly payout ratio from its all-time high?
LUV quarterly payout ratio is currently at its all-time high
How does LUV quarterly payout ratio rank versus sector peers?
LUV quarterly payout ratio is higher than 99.31% of companies in Industrials sector
When is LUV next earnings release?
The next earnings release for LUV is on January 28, 2026
What is LUV next ex-dividend date?
As of today, the next dividend for LUV has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

LUV Official Website www.southwest.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/92380/000009238025000140/0000092380-25-000140-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/92380/000009238025000024/0000092380-25-000024-index.htm
LUV Profile on Yahoo Finance finance.yahoo.com/quote/LUV
LUV Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/luv