Growth Metrics

Southwest Airlines (LUV) Capital Expenditures (2016 - 2025)

Southwest Airlines (LUV) has disclosed Capital Expenditures for 17 consecutive years, with $2.7 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures rose 481.09% year-over-year to $2.7 billion, compared with a TTM value of $2.7 billion through Dec 2025, up 152.41%, and an annual FY2025 reading of $2.7 billion, up 30.14% over the prior year.
  • Capital Expenditures was $2.7 billion for Q4 2025 at Southwest Airlines, up from -$501.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $3.5 billion in Q4 2023 and bottomed at -$501.0 million in Q2 2025.
  • Average Capital Expenditures over 5 years is $691.5 million, with a median of $460.0 million recorded in 2024.
  • The sharpest move saw Capital Expenditures skyrocketed 45100.0% in 2022, then plummeted 8450.0% in 2025.
  • Year by year, Capital Expenditures stood at $3.0 million in 2021, then surged by 45100.0% to $1.4 billion in 2022, then soared by 157.89% to $3.5 billion in 2023, then crashed by 86.85% to $460.0 million in 2024, then surged by 481.09% to $2.7 billion in 2025.
  • Business Quant data shows Capital Expenditures for LUV at $2.7 billion in Q4 2025, -$501.0 million in Q2 2025, and $501.0 million in Q1 2025.