Southwest Airlines (LUV) Assets Average (2009 - 2026)

Southwest Airlines (LUV) reported Assets Average of $29.2 billion for Q1 2026, down 12.76% on a YoY basis from $33.5 billion in Q1 2025, and up 1.82% quarter-over-quarter from $28.7 billion in Q4 2025.

Southwest Airlines (LUV) Assets Average (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Assets Average for 18 years, with the latest figure at $29.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Assets Average fell 12.76% year-over-year to $29.2 billion; the trailing twelve-month figure through Mar 2026 stood at $29.2 billion (down 12.76% YoY), and the FY2025 full-year result was $31.4 billion, down 10.57% from the prior year.
  • Assets Average for Q1 2026 stood at $29.2 billion, up from $28.7 billion in the prior quarter.
  • The five-year high for Assets Average was $37.8 billion in Q2 2022, with the low at $28.5 billion in Q3 2025.
  • Historically, Assets Average has averaged $34.4 billion across 5 years, with a median of $35.7 billion in 2022.
  • Annual changes were most pronounced in 2022 — Assets Average rose 5.0% — and 2025, when it fell 19.01%.
  • Southwest Airlines' Assets Average 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 increased by 1.82% to $29.2 billion in 2026.
  • The last three Assets Average figures came in at $29.2 billion (Q1 2026), $28.7 billion (Q4 2025), and $28.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets Avg. (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 20.90 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 82.87 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 7.21 Bn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 29.21 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 6.43 Bn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 20.33 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 7.37 Bn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 5.65 Bn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 16.59 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 4.31 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 36.85 Bn