Growth Metrics

Southwest Airlines (LUV) Capital Expenditures (2016 - 2026)

Southwest Airlines has reported Capital Expenditures over the past 18 years, most recently at $630.0 million for Q1 2026.

  • Quarterly Capital Expenditures rose 19.54% to $630.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $4.6 billion through Mar 2026, up 205.7% year-over-year, with the annual reading at $2.7 billion for FY2025, 30.14% up from the prior year.
  • Capital Expenditures was $630.0 million for Q1 2026 at Southwest Airlines, down from $2.7 billion in the prior quarter.
  • Over five years, Capital Expenditures peaked at $2.7 billion in Q4 2025 and troughed at $3.0 million in Q2 2022.
  • The 5-year median for Capital Expenditures is $510.0 million (2022), against an average of $504.5 million.
  • Biggest five-year swings in Capital Expenditures: tumbled 94.81% in 2022 and later skyrocketed 11928.57% in 2023.
  • Tracing LUV's Capital Expenditures over 5 years: stood at $365.0 million in 2022, then tumbled by 87.95% to $44.0 million in 2023, then surged by 945.45% to $460.0 million in 2024, then skyrocketed by 481.09% to $2.7 billion in 2025, then tumbled by 76.43% to $630.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods came in at $630.0 million, $2.7 billion, and $678.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.