Southwest Airlines (LUV) Asset Utilization Ratio (2009 - 2026)
Southwest Airlines' (LUV) quarterly Asset Utilization Ratio came in at 1.01 in Q2 2026, up 13.97% YoY 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 18 years of Asset Utilization Ratio data on file, last reported at 1.01 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 grew to 1.01 in Q2 2026, from 0.99 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.01 in Q2 2026 to a low of 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 surged 155.68% — and 2024, when it climbed 5.25%.
- Tracing LUV's Asset Utilization Ratio over 5 years: stood at 0.67 in 2022, then increased by 6.35% to 0.71 in 2023, then advanced by 12.81% to 0.8 in 2024, then gained by 22.09% to 0.98 in 2025, then climbed by 3.37% to 1.01 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.01 (Q2 2026), 0.99 (Q1 2026), and 0.98 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 0.80 |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 0.95 |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 1.01 |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 0.71 |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 0.57 |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 0.58 |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 0.53 |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 0.58 |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 0.79 |
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 |