Growth Metrics

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 🔒
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
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