Southwest Airlines (LUV) Assets (2009 - 2026)
Southwest Airlines' (LUV) quarterly Assets came in at $30.1 billion in Q2 2026, up 4.91% YoY from $28.7 billion in Q2 2025, and up 2.61% on a QoQ basis from $29.4 billion in Q1 2026.
Southwest Airlines (LUV) Assets (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Assets data on file, last reported at $30.1 billion in Q2 2026.
- Quarterly Assets rose 4.91% year-over-year to $30.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.1 billion (up 4.91% YoY) and the FY2025 annual result came in at $29.1 billion, down 13.89% from the prior year.
- Assets rose to $30.1 billion in Q2 2026, from $29.4 billion in the prior quarter.
- In the past five years, Assets ranged from a high of $38.3 billion in Q2 2022 to a low of $28.3 billion in Q3 2025.
- A 5-year average of $34.0 billion and a median of $35.5 billion in 2022 frame the typical range for Assets.
- Annual changes were most pronounced in 2022 — Assets climbed 4.98% — and 2025, when it slipped 19.26%.
- Tracing LUV's Assets over 5 years: stood at $35.4 billion in 2022, then advanced by 3.16% to $36.5 billion in 2023, then declined by 7.5% to $33.8 billion in 2024, then declined by 13.89% to $29.1 billion in 2025, then increased by 3.65% to $30.1 billion in 2026.
- The last three Assets figures came in at $30.1 billion (Q2 2026), $29.4 billion (Q1 2026), and $29.1 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 86.32 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 21.11 Bn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 30.12 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 7.14 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 21.25 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 7.41 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 16.37 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 6.44 Bn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 7.24 Bn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 3.26 Bn |
Historic Data
Download 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 |