SOUTHWEST AIRLINES CO. Effective Tax Rate
SOUTHWEST AIRLINES CO. (LUV) reported Effective Tax Rate of 21.70% for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-05.
Financial Statements › Expense Statement › Income Tax
us-gaap:EffectiveIncomeTaxRateContinuingOperations · last filed 2026-02-05
- SOUTHWEST AIRLINES CO. effective income tax rate reconciliation, percent for the quarter ending 2011-03-31 was 72.00%.
- SOUTHWEST AIRLINES CO. effective income tax rate reconciliation, percent for fiscal 2025 was 21.70%, a 2.25% decline from fiscal 2024.
- SOUTHWEST AIRLINES CO. effective income tax rate reconciliation, percent for fiscal 2024 was 22.20%, a 16.23% decline from fiscal 2023.
- SOUTHWEST AIRLINES CO. effective income tax rate reconciliation, percent for fiscal 2023 was 26.50%.
- SOUTHWEST AIRLINES CO. effective income tax rate reconciliation, percent for fiscal 2013 was 35.00%, a 0.00% change from fiscal 2012.
| Period end | Effective Income Tax Rate Reconciliation, Percent 3 month | Effective Income Tax Rate Reconciliation, Percent 12 month |
|---|---|---|
| 2025-12-31 | 21.70% 10-K · filed 2026-02-05 | |
| 2024-12-31 | 22.20% 10-K · filed 2026-02-05 | |
| 2023-12-31 | 26.50% 10-K · filed 2026-02-05 | |
| 2013-12-31 | 35.00% 10-K · filed 2014-02-04 | |
| 2012-12-31 | 35.00% 10-K · filed 2013-02-07 | |
| 2011-12-31 | 35.00% 10-K · filed 2012-02-09 | |
| 2011-03-31 | 72.00% 10-Q · filed 2011-04-25 |
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