Southwest Airlines (LUV) Asset Utilization Ratio (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Asset Utilization Ratio of 1.01 for Q2 2026, up 13.97% year-on-year from 0.89 in Q2 2025, and up 2.26% on a QoQ basis from 0.99 in Q1 2026.
Southwest Airlines (LUV) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Asset Utilization Ratio for 18 consecutive years, with 1.01 the latest figure, recorded in Q2 2026.
- Quarterly Asset Utilization Ratio rose 13.97% year-over-year to 1.01 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.01 (up 13.97% YoY) and the FY2025 annual result came in at 0.89, up 14.18% from the prior year.
- Asset Utilization Ratio improved to 1.01 in Q2 2026 per LUV's latest filing, from 0.99 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for LUV reached as high as 1.01 in Q2 2026 and fell as low as 0.5 in Q1 2022.
- A 5-year average of 0.77 and a median of 0.75 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 155.68% — and 2024, when it grew 5.25%.
- Year by year, Asset Utilization Ratio stood at 0.67 in 2022, then advanced by 6.35% to 0.71 in 2023, then increased by 12.81% to 0.8 in 2024, then grew by 22.09% to 0.98 in 2025, then rose by 3.37% to 1.01 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.01, 0.99, and 0.98 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,649.60 Bn | 30,646.93 Bn | 1.28 Mn | 209.47 |
| 2 | Ryanair Holdings | 60.51 Bn | 57.32 Bn | - | - |
| 3 | Delta Air Lines | 56.36 Bn | 51.69 Bn | 19.07 Bn | 0.80 |
| 4 | Southwest Airlines | 22.02 Bn | 18.23 Bn | 7.33 Bn | 1.01 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.94 Bn | 8.12 Bn | - | 0.57 |
| 6 | Copa Holdings | 5.65 Bn | 4.31 Bn | 713.71 Mn | 0.56 |
| 7 | Alaska Air | 5.31 Bn | 3.54 Bn | 3.20 Bn | 0.71 |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | 0.57 |
| 9 | Jetblue Airways | 2.02 Bn | 1.60 Bn | 1.87 Bn | 0.55 |
| 10 | Allegiant Travel | 1.81 Bn | 907.79 Mn | 651.87 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 |
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 0.98 |
| Sep 30, 2025 | 0.97 |
| Jun 30, 2025 | 0.89 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 0.78 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.74 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.43 |
| Sep 30, 2021 | 0.34 |