Southwest Airlines (LUV) Change in Acquisitions & Divestments (2009 - 2025)

Southwest Airlines (LUV) has reported Change in Acquisitions & Divestments for 16 consecutive years, with $116.0 million the latest figure, recorded in Q4 2025.

• Quarterly Change in Acquisitions & Divestments fell 86.11% year-over-year to $116.0 million in Q4 2025, while the trailing twelve-month figure through Jun 2026 was $466.0 million (down 87.34% YoY) and the FY2025 annual result came in at $1.7 billion, down 71.76% from the prior year.
• Change in Acquisitions & Divestments fell to $116.0 million in Q4 2025 per LUV's latest filing, from $350.0 million in the prior quarter.
• Over the last five years, Change in Acquisitions & Divestments for LUV reached as high as $2.4 billion in Q3 2023 and fell as low as $72.0 million in Q2 2025.
• A 5-year average of $1.3 billion and a median of $1.3 billion in 2021 frame the typical range for Change in Acquisitions & Divestments.
• Annual changes were most pronounced in 2023 — Change in Acquisitions & Divestments jumped 86.53% — and 2025, when it sank 96.04%.
• Year by year, Change in Acquisitions & Divestments stood at $1.3 billion in 2021, then surged by 36.71% to $1.8 billion in 2022, then declined by 7.35% to $1.7 billion in 2023, then tumbled by 50.21% to $835.0 million in 2024, then sank by 86.11% to $116.0 million in 2025.
• According to Business Quant data, Change in Acquisitions & Divestments over the past three periods registered $116.0 million, $350.0 million, and $72.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.