Southwest Airlines Co.
—- Market cap
- $18.93B
- Debt
- —
- Cash
- −$3.23B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: LUV stock price vs ALGT: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ALGT's multiple
Needs ALGT P/E.
Implied fair value · at LUV's multiple
Needs Annual EPS is negative.
Snapshot Sep 10, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 53% equity / 47% debt · EV / Revenue 1.43x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
SOUTHWEST AIRLINES CO. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Allegiant Travel Co · implied price per share
Bear
-$52.81
Base
-$52.25
Bull
-$51.53
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe LUV can expand margins and sustain profitable growth without a meaningful increase in leverage, then a hold-to-buy stance is reasonable because the stock is only modestly below ALGT-implied valuation and remains within its historical band.
LUV’s current price of $44.97 is below the implied P/S-based price of $39.63 by -11.9%, indicating the stock is trading modestly above ALGT-derived value estimate. However, ALGT-implied range of $15.87 to $39.80 and LUV’s historical band of $40.47 to $49.47 show the stock is near the upper half of its own history and only slightly above the implied range ceiling.
Supporting Metrics