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| 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 |