Southwest Airlines (LUV) Assets Average (2009 - 2026)
Southwest Airlines posted quarterly Assets Average of $29.2 billion for Q1 2026, down 12.76% year-on-year from $33.5 billion in Q1 2025, and up 1.82% on a QoQ basis from $28.7 billion in Q4 2025.
Southwest Airlines (LUV) has 18 years of Assets Average data on file, last reported 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.
- Across five years, Assets Average topped out at $37.8 billion in Q2 2022 and bottomed at $28.5 billion in Q3 2025.
- The 5-year median for Assets Average is $35.7 billion (2022), against an average of $34.4 billion.
- The widest annual swing landed in 2022, when Assets Average rose 5.0%; it then fell 19.01% in 2025.
- A 5-year view of Assets Average shows it stood at $35.7 billion in 2022, then advanced by 3.02% to $36.7 billion in 2023, then slipped by 6.63% to $34.3 billion in 2024, then fell by 16.36% to $28.7 billion in 2025, then rose 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 82.87 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 29.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 7.21 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 5.65 Bn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 20.33 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 7.37 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 6.43 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 16.59 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 4.31 Bn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 7.12 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 35.04 Bn |
| Dec 31, 2020 | 35.10 Bn |
| Sep 30, 2020 | 35.60 Bn |
| Jun 30, 2020 | 31.24 Bn |
| Mar 31, 2020 | 26.39 Bn |
| Dec 31, 2019 | 26.18 Bn |
| Sep 30, 2019 | 26.42 Bn |
| Jun 30, 2019 | 26.42 Bn |
| Mar 31, 2019 | 26.35 Bn |
| Dec 31, 2018 | 26.56 Bn |
| Sep 30, 2018 | 26.67 Bn |
| Jun 30, 2018 | 25.98 Bn |
| Mar 31, 2018 | 25.31 Bn |
| Dec 31, 2017 | 24.68 Bn |
| Sep 30, 2017 | 24.09 Bn |
| Jun 30, 2017 | 23.84 Bn |
| Mar 31, 2017 | 23.52 Bn |
| Dec 31, 2016 | 23.17 Bn |
| Sep 30, 2016 | 22.75 Bn |
| Jun 30, 2016 | 22.34 Bn |
| Mar 31, 2016 | 21.78 Bn |
| Dec 31, 2015 | 21.24 Bn |
| Sep 30, 2015 | 21.12 Bn |
| Jun 30, 2015 | 21.12 Bn |
| Mar 31, 2015 | 20.44 Bn |
| Dec 31, 2014 | 20.13 Bn |
| Sep 30, 2014 | 20.72 Bn |
| Jun 30, 2014 | 20.43 Bn |
| Mar 31, 2014 | 19.66 Bn |
| Dec 31, 2013 | 19.35 Bn |
| Sep 30, 2013 | 19.37 Bn |
| Jun 30, 2013 | 19.29 Bn |
| Mar 31, 2013 | 18.90 Bn |
| Dec 31, 2012 | 18.70 Bn |
| Sep 30, 2012 | 18.66 Bn |
| Jun 30, 2012 | 18.67 Bn |
| Mar 31, 2012 | 18.45 Bn |
| Dec 31, 2011 | 17.98 Bn |
| Sep 30, 2011 | 8.94 Bn |
| Jun 30, 2011 | 8.21 Bn |
| Mar 31, 2011 | 15.94 Bn |
| Dec 31, 2010 | 15.30 Bn |
| Sep 30, 2010 | 15.07 Bn |
| Jun 30, 2010 | 14.76 Bn |
| Mar 31, 2010 | 14.40 Bn |
| Dec 31, 2009 | 14.18 Bn |
| Sep 30, 2009 | 14.06 Bn |
| Jun 30, 2009 | 14.10 Bn |
| Mar 31, 2009 | 14.12 Bn |