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% YoY 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 18 years of Assets Average data on file, last reported at $29.7 billion 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 rose to $29.7 billion in Q2 2026, from $29.2 billion in the prior quarter.
- In the past five years, Assets Average ranged from a high of $37.8 billion in Q2 2022 to a low of $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 rose 5.0% — and 2025, when it fell 19.01%.
- Tracing LUV's Assets Average over 5 years: stood at $35.7 billion in 2022, then gained by 3.02% to $36.7 billion in 2023, then decreased by 6.63% to $34.3 billion in 2024, then declined by 16.36% to $28.7 billion in 2025, then rose by 3.67% to $29.7 billion in 2026.
- The last three Assets Average figures came in at $29.7 billion (Q2 2026), $29.2 billion (Q1 2026), and $28.7 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 85.38 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 22.12 Bn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 29.74 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 20.77 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 7.38 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 16.49 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 5.43 Bn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 7.13 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 | 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 |