Southwest Airlines (LUV) Assets (2009 - 2026)
Southwest Airlines' (LUV) quarterly Assets came in at $30.1 billion in Q2 2026, up 4.91% on a YoY basis from $28.7 billion in Q2 2025, and up 2.61% quarter-over-quarter from $29.4 billion in Q1 2026.
Analysis
Southwest Airlines (LUV) Assets (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Assets for 18 consecutive years, with $30.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets rose 4.91% year-over-year to $30.1 billion; the trailing twelve-month figure through Jun 2026 stood at $30.1 billion (up 4.91% YoY), and the FY2025 full-year result was $29.1 billion, down 13.89% from the prior year.
- Assets climbed to $30.1 billion in Q2 2026 per LUV's latest filing, from $29.4 billion in the prior quarter.
- Across five years, Assets topped out at $38.3 billion in Q2 2022 and bottomed at $28.3 billion in Q3 2025.
- Historically, Assets has averaged $34.0 billion across 5 years, with a median of $35.5 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Assets grew 4.98% in 2022, then dropped 19.26% in 2025.
- Over 5 years, Assets stood at $35.4 billion in 2022, then grew by 3.16% to $36.5 billion in 2023, then retreated by 7.5% to $33.8 billion in 2024, then retreated by 13.89% to $29.1 billion in 2025, then gained by 3.65% to $30.1 billion in 2026.
- According to Business Quant data, Assets over the past three periods registered $30.1 billion, $29.4 billion, and $29.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 86.32 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 21.11 Bn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 30.12 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 7.14 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 21.25 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 7.41 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | 7.38 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 6.44 Bn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 16.37 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | 7.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.12 Bn |
| Mar 31, 2026 | 29.36 Bn |
| Dec 31, 2025 | 29.06 Bn |
| Sep 30, 2025 | 28.31 Bn |
| Jun 30, 2025 | 28.71 Bn |
| Mar 31, 2025 | 33.21 Bn |
| Dec 31, 2024 | 33.75 Bn |
| Sep 30, 2024 | 34.85 Bn |
| Jun 30, 2024 | 35.56 Bn |
| Mar 31, 2024 | 36.02 Bn |
| Dec 31, 2023 | 36.49 Bn |
| Sep 30, 2023 | 36.98 Bn |
| Jun 30, 2023 | 36.52 Bn |
| Mar 31, 2023 | 35.55 Bn |
| Dec 31, 2022 | 35.37 Bn |
| Sep 30, 2022 | 35.95 Bn |
| Jun 30, 2022 | 38.30 Bn |
| Mar 31, 2022 | 37.26 Bn |
| Dec 31, 2021 | 36.32 Bn |
| Sep 30, 2021 | 37.11 Bn |