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% on a YoY basis from 0.89 in Q2 2025, and up 2.26% quarter-over-quarter from 0.99 in Q1 2026.
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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.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 13.97% year-over-year to 1.01; the trailing twelve-month figure through Jun 2026 stood at 1.01 (up 13.97% YoY), and the FY2025 full-year result was 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.
- Across five years, Asset Utilization Ratio topped out at 1.01 in Q2 2026 and bottomed at 0.5 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.77 across 5 years, with a median of 0.75 in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio soared 155.68% in 2022, then grew 5.25% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.67 in 2022, then gained by 6.35% to 0.71 in 2023, then grew by 12.81% to 0.8 in 2024, then climbed by 22.09% to 0.98 in 2025, then increased 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.15 Bn | 46.48 Bn | 19.07 Bn | 0.80 |
| 2 | Ryanair Holdings | 28.18 Bn | 24.24 Bn | - | 0.82 |
| 3 | Southwest Airlines | 18.84 Bn | 15.05 Bn | 7.33 Bn | 1.01 |
| 4 | Copa Holdings | 5.32 Bn | 4.06 Bn | 1.03 Bn | 0.57 |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn | 0.71 |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 0.57 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | 0.78 |
| 8 | Allegiant Travel | 1.73 Bn | 681.11 Mn | 902.77 Mn | 0.53 |
| 9 | Jetblue Airways | 1.67 Bn | -349.12 Mn | 2.32 Bn | 0.58 |
| 10 | Frontier Group Holdings | 1.28 Bn | 328.69 Mn | - | 0.58 |
Historic Data
Download Data
Historic 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 |