Southwest Airlines (LUV) Assets Average (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Assets Average of $29.7 billion for Q2 2026, down 3.95% year-on-year from $31.0 billion in Q2 2025, and up 1.82% on a QoQ basis from $29.2 billion in Q1 2026.
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.
- Quarterly Assets Average fell 3.95% year-over-year to $29.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.7 billion (down 3.95% YoY) and the FY2025 annual result came in at $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.
- Over the last five years, Assets Average for LUV reached as high as $37.8 billion in Q2 2022 and fell as low as $28.5 billion in Q3 2025.
- A 5-year average of $34.1 billion and a median of $35.6 billion in 2022 frame the typical range for Assets Average.
- Annual changes were most pronounced in 2022 — Assets Average gained 5.0% — and 2025, when it retreated 19.01%.
- Year by year, Assets Average stood at $35.7 billion in 2022, then grew by 3.02% to $36.7 billion in 2023, then declined by 6.63% to $34.3 billion in 2024, then decreased by 16.36% to $28.7 billion in 2025, then climbed 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 18.18 Bn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | 21.57 Bn |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 85.38 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 29.74 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | 5.76 Bn |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 6.43 Bn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | 20.33 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 7.38 Bn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | 16.59 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 4.31 Bn |
Historic Data
Download 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 |