NYSE:LUV | Free Cash Flow | SOUTHWEST AIRLINES CO

Free cash flow is operating cash flow less capital expenditure. FCF / net income requires positive matching-period earnings.

Available history
2007-12-31 to 2026-06-30
Data captured

Historical Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2026-06-30$530M
2026-03-31$1.42B
2025-12-31$295M
2025-09-30$287M
2025-06-30$401M
2025-03-31$860M
2024-12-31$476M
2024-09-30$113M
2024-06-30-$23M
2024-03-31-$104M
2023-12-31$425M
2023-09-30$616M
2023-06-30$1.42B
2023-03-31$706M
2022-12-31$579M
2022-09-30$234M
2022-06-30$1.91B
2022-03-31$1.07B
2021-12-31$247M
2021-09-30-$575M
2021-06-30$2.01B
2021-03-31$645M
2020-12-31-$596M
2020-09-30-$1.05B
2020-06-30$897M
2020-03-31-$377M
2019-12-31$824M
2019-09-30$1.09B
2019-06-30$966M
2019-03-31$1.11B
2018-12-31$989M
2018-09-30$1.27B
2018-06-30$1.63B
2018-03-31$1B
2017-12-31$563M
2017-09-30$996M
2017-06-30$746M
2017-03-31$1.63B
2016-12-31$709M
2016-09-30$856M
2016-06-30$1.11B
2016-03-31$1.62B
2015-12-31$324M
2015-09-30$836M
2015-06-30$627M
2015-03-31$1.45B
2014-12-31$204M
2014-09-30$240M
2014-06-30$1.34B
2014-03-31$1.12B
2013-12-31$289M$452M-$163M-76.89%
2013-09-30$428M$268M$160M61.78%
2013-06-30$778M$193M$585M261.16%
2013-03-31$983M$534M$449M761.02%
2012-12-31$231M$399M-$168M-215.38%
2012-09-30$464M$406M$58M362.50%
2012-06-30$145M$416M-$271M-118.86%
2012-03-31$1.23B$127M$1.1B1120.41%
2011-12-31$371M$420M-$49M-32.24%
2011-09-30-$218M$276M-$494M
2011-06-30$237M$215M$22M13.66%
2011-03-31$965M$57M$908M18160.00%
2010-12-31$1.56B$493M$1.07B232.68%
2010-09-30$385.00$100.00$285.00139.02%
2010-06-30$540.00$159.00$381.00340.18%
2010-03-31$373M-$139M$234M2127.27%
2009-12-31$492M$1.06B-$564M-490.43%
2009-09-30$72M-$198M-$126M
2009-06-30$135M-$187M-$52M-57.14%
2009-03-31$286M$85M$201M
2008-12-31-$2.55B-$158M-$2.7B
2008-09-30-$2.28B-$178M-$2.45B
2008-06-30$2.34B-$223M$2.11B658.26%

Annual Free Cash Flow

DateOperating cash flowCapital expenditureFree cash flowFCF / net income
2025-12-31$1.84B
2024-12-31$462M
2023-12-31$3.16B
2022-12-31$3.79B
2021-12-31$2.32B
2020-12-31-$1.13B
2019-12-31$3.99B
2018-12-31$4.89B
2017-12-31$3.93B
2016-12-31$4.29B
2015-12-31$3.24B
2014-12-31$2.9B
2013-12-31$2.48B$1.45B$1.03B136.60%
2012-12-31$2.06B$1.35B$716M170.07%
2011-12-31$1.36B$968M$388M217.98%
2010-12-31$1.56B$493M$1.07B232.68%
2009-12-31$985M$585M$400M404.04%
2008-12-31-$1.52B-$923M-$2.44B-1373.03%
2007-12-31$2.85B$1.33B$1.51B234.73%