Southwest Airlines (LUV) Accounts Payables (2009 - 2026)
Southwest Airlines (LUV) reported Accounts Payables of $2.07 billion for Q2 2026, up 14.4% from $1.81 billion a year earlier but down 2.0% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Accounts Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Southwest Airlines posted Accounts Payables of $1.99 billion, up 9.5% from FY2024.
- Accounts Payables has a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- By year, Accounts Payables came in at $1.82 billion in FY2024 (-2.4%), $1.86 billion in FY2023 (-7.1%), $2 billion in FY2022 (+56.3%) and $1.28 billion in FY2021 (+37.7%).
- Five-year quarterly Accounts Payables spans a low of $1.23 billion in Q3 2021 and a high of $2.11 billion in Q1 2026.
- Year over year, Accounts Payables has now increased in each of the last four quarters, with growth averaging 2.4% over the last eight quarters.
- The high point for year-over-year Accounts Payables in five years was Q4 2022 (growth of 56.3%); the low point was Q3 2024 (a decline of 12.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.11 billion (Q1 2026), $1.99 billion (Q4 2025) and $1.71 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 4.32 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 1.11 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 5.98 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 2.05 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 1.78 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 4.33 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 6.60 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 80.99 Mn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 5.77 Bn |
| 10 | Southwest Airlines | 19.41 Bn | 6.04 Bn | - | 2.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 Bn |
| Mar 31, 2026 | 2.11 Bn |
| Dec 31, 2025 | 1.99 Bn |
| Sep 30, 2025 | 1.71 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.93 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 1.52 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.88 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 2.00 Bn |
| Sep 30, 2022 | 1.55 Bn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.23 Bn |
API Access
Southwest Airlines Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();