Southwest Airlines (LUV) Assets Average (2009 - 2026)
Southwest Airlines' (LUV) quarterly Assets Average came in at $29.7 billion in Q2 2026, down 3.95% on a YoY basis from $31.0 billion in Q2 2025, and up 1.82% quarter-over-quarter from $29.2 billion in Q1 2026.
Analysis
Southwest Airlines (LUV) Assets Average (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Assets Average for 18 consecutive years, with $29.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets Average fell 3.95% year-over-year to $29.7 billion; the trailing twelve-month figure through Jun 2026 stood at $29.7 billion (down 3.95% YoY), and the FY2025 full-year result was $31.4 billion, down 10.57% from the prior year.
- Assets Average climbed to $29.7 billion in Q2 2026 per LUV's latest filing, from $29.2 billion in the prior quarter.
- Across five years, Assets Average topped out at $37.8 billion in Q2 2022 and bottomed at $28.5 billion in Q3 2025.
- Historically, Assets Average has averaged $34.1 billion across 5 years, with a median of $35.6 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Assets Average gained 5.0% in 2022, then retreated 19.01% in 2025.
- Over 5 years, Assets Average stood at $35.7 billion in 2022, then climbed by 3.02% to $36.7 billion in 2023, then dropped by 6.63% to $34.3 billion in 2024, then retreated by 16.36% to $28.7 billion in 2025, then advanced by 3.67% to $29.7 billion in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $29.7 billion, $29.2 billion, and $28.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 85.38 Bn |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | 22.12 Bn |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 29.74 Bn |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 7.02 Bn |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | 20.77 Bn |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 7.38 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 7.31 Bn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 5.43 Bn |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | 16.49 Bn |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | 7.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.74 Bn |
| Mar 31, 2026 | 29.21 Bn |
| Dec 31, 2025 | 28.69 Bn |
| Sep 30, 2025 | 28.51 Bn |
| Jun 30, 2025 | 30.96 Bn |
| Mar 31, 2025 | 33.48 Bn |
| Dec 31, 2024 | 34.30 Bn |
| Sep 30, 2024 | 35.21 Bn |
| Jun 30, 2024 | 35.79 Bn |
| Mar 31, 2024 | 36.25 Bn |
| Dec 31, 2023 | 36.73 Bn |
| Sep 30, 2023 | 36.75 Bn |
| Jun 30, 2023 | 36.03 Bn |
| Mar 31, 2023 | 35.46 Bn |
| Dec 31, 2022 | 35.66 Bn |
| Sep 30, 2022 | 37.12 Bn |
| Jun 30, 2022 | 37.78 Bn |
| Mar 31, 2022 | 36.79 Bn |
| Dec 31, 2021 | 36.72 Bn |
| Sep 30, 2021 | 37.66 Bn |