Southwest Airlines (LUV)
Southwest Airlines Altman Z-Score: 1.750
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LUV Altman Z-Score Rankings
| Overall | 35th percentile | 2289 of 3554 |
| Sector | 27th percentile | 577 of 798 in Services |
| Industry | 60th percentile | 4 of 10 in Regional Airlines |
LUV Altman Z-Score Range, Past 5 Years
| Minimum | 1.277 | Jun 2008 |
| Maximum | 2.188 | Dec 2010 |
| Average | 1.804 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LUV | 8.87 | -0.07 | -0.78% | 6.910B |
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| LULU | 72.96 | -1.61 | -2.16% | 8.155B |
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| LOW | 27.00 | -0.49 | -1.78% | 32.96B |
| LOV | 5.01 | -0.06 | -1.18% | 104.39M |
| LORL | 60.20 | -1.09 | -1.78% | 1.293B |
| LOR | 10.70 | -0.12 | -1.16% | |
| LOPE | 18.13 | -0.85 | -4.48% | 854.29M |
| LOOP | 19.17 | +0.00 | +0.00% | 675.55M |