Firy Inc.
$3.81B- Market cap
- $3.75B
- Debt
- +$255.18M
- Cash
- −$194.51M
Capital structure 94% equity / 6% debt · EV / Revenue 36.43x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $3.75B · View financials
Snapshot Sep 3, 8:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: SKLZ stock price at premium vs LUV $10.13 current versus $4.63 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at LUV's multiple
Implied fair value · at SKLZ's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: SKLZ FY 2025 (ended Dec 31, 2025) · LUV FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 94% equity / 6% debt · EV / Revenue 36.43x
Capital structure 81% equity / 19% debt · EV / Revenue 0.74x · EV / EBITDA 20.96x
LUV carries the larger enterprise value at $20.73B against $3.81B; LUV trades on the lower EV / Revenue multiple (0.74x vs 36.43x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
FIRY INC. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
SOUTHWEST AIRLINES CO. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
2.28x
0.57x
Net debt / EBITDA
Leverage against operating earnings
-1.07x
1.36x
Cash and equivalents
Liquid reserves on the balance sheet
$194.51M
$3.23B
Total debt
Interest-bearing obligations outstanding
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.
Unity Software Inc.
SKLZ vs U
AppLovin Corp
SKLZ vs APP
Roblox Corp
SKLZ vs RBLX
Duolingo, Inc.
SKLZ vs DUOL
TAKE TWO INTERACTIVE SOFTWARE INC
SKLZ vs TTWO
ELECTRONIC ARTS INC.
SKLZ vs EA
American Airlines Group Inc.
SKLZ vs AAL
DELTA AIR LINES, INC.
SKLZ vs DAL
United Airlines Holdings, Inc.
SKLZ vs UAL
JETBLUE AIRWAYS CORP
SKLZ vs JBLU
ALASKA AIR GROUP, INC.
SKLZ vs ALK
Allegiant Travel CO
SKLZ vs ALGT
$255.18M
$4.58B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.