Southwest Airlines (LUV) Change in Acquisitions & Divestments (2009 - 2025)
Southwest Airlines posted quarterly Change in Acquisitions & Divestments of $116.0 million for Q4 2025, down 86.11% year-on-year from $835.0 million in Q4 2024, and down 66.86% on a QoQ basis from $350.0 million in Q3 2025.
Southwest Airlines (LUV) has 16 years of Change in Acquisitions & Divestments data on file, last reported at $116.0 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Acquisitions & Divestments fell 86.11% year-over-year to $116.0 million; the trailing twelve-month figure through Mar 2026 stood at $538.0 million (down 90.09% YoY), and the FY2025 full-year result was $1.7 billion, down 71.76% from the prior year.
- Change in Acquisitions & Divestments for Q4 2025 stood at $116.0 million, down from $350.0 million in the prior quarter.
- Across five years, Change in Acquisitions & Divestments topped out at $2.4 billion in Q3 2023 and bottomed at $72.0 million in Q2 2025.
- The 5-year median for Change in Acquisitions & Divestments is $1.3 billion (2021), against an average of $1.3 billion.
- The widest annual swing landed in 2023, when Change in Acquisitions & Divestments soared 86.53%; it then plunged 96.04% in 2025.
- A 5-year view of Change in Acquisitions & Divestments shows it stood at $1.3 billion in 2021, then soared by 36.71% to $1.8 billion in 2022, then slipped by 7.35% to $1.7 billion in 2023, then sank by 50.21% to $835.0 million in 2024, then tumbled by 86.11% to $116.0 million in 2025.
- The last three Change in Acquisitions & Divestments figures came in at $116.0 million (Q4 2025), $350.0 million (Q3 2025), and $72.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 116.00 Mn |
| Dec 31, 2025 | 116.00 Mn |
| Sep 30, 2025 | 350.00 Mn |
| Sep 30, 2025 | 350.00 Mn |
| Jun 30, 2025 | 72.00 Mn |
| Jun 30, 2025 | 72.00 Mn |
| Mar 31, 2025 | 1.15 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 835.00 Mn |
| Dec 31, 2024 | 835.00 Mn |
| Sep 30, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.72 Bn |
| Dec 31, 2023 | 1.68 Bn |
| Dec 31, 2023 | 1.68 Bn |
| Sep 30, 2023 | 2.41 Bn |
| Sep 30, 2023 | 2.41 Bn |
| Jun 30, 2023 | 1.83 Bn |
| Jun 30, 2023 | 1.83 Bn |
| Mar 31, 2023 | 1.68 Bn |
| Mar 31, 2023 | 1.68 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 980.00 Mn |
| Jun 30, 2022 | 980.00 Mn |
| Mar 31, 2022 | 1.30 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Dec 31, 2021 | 1.32 Bn |
| Dec 31, 2021 | 1.32 Bn |
| Sep 30, 2021 | 1.25 Bn |
| Sep 30, 2021 | 1.25 Bn |
| Jun 30, 2021 | 1.28 Bn |
| Jun 30, 2021 | 1.28 Bn |
| Mar 31, 2021 | 1.22 Bn |
| Mar 31, 2021 | 1.22 Bn |
| Dec 31, 2020 | 1.38 Bn |
| Dec 31, 2020 | 1.38 Bn |
| Sep 30, 2020 | 1.19 Bn |
| Sep 30, 2020 | 1.19 Bn |
| Jun 30, 2020 | 818.00 Mn |
| Jun 30, 2020 | 818.00 Mn |
| Mar 31, 2020 | 948.00 Mn |
| Mar 31, 2020 | 948.00 Mn |
| Dec 31, 2019 | 798.00 Mn |
| Dec 31, 2019 | 798.00 Mn |
| Sep 30, 2019 | 545.00 Mn |
| Sep 30, 2019 | 545.00 Mn |
| Jun 30, 2019 | 528.00 Mn |
| Jun 30, 2019 | 528.00 Mn |
| Mar 31, 2019 | 575.00 Mn |
| Mar 31, 2019 | 575.00 Mn |
| Dec 31, 2018 | 677.00 Mn |
| Dec 31, 2018 | 677.00 Mn |
| Sep 30, 2018 | 531.00 Mn |
| Sep 30, 2018 | 531.00 Mn |
| Jun 30, 2018 | 574.00 Mn |
| Jun 30, 2018 | 574.00 Mn |
| Mar 31, 2018 | 560.00 Mn |
| Mar 31, 2018 | 560.00 Mn |
| Dec 31, 2017 | 525.00 Mn |
| Dec 31, 2017 | 525.00 Mn |
| Sep 30, 2017 | 566.00 Mn |
| Sep 30, 2017 | 566.00 Mn |
| Jun 30, 2017 | 573.00 Mn |
| Jun 30, 2017 | 573.00 Mn |
| Mar 31, 2017 | 556.00 Mn |
| Mar 31, 2017 | 556.00 Mn |
| Dec 31, 2016 | 592.00 Mn |
| Dec 31, 2016 | 592.00 Mn |
| Sep 30, 2016 | 549.00 Mn |
| Sep 30, 2016 | 549.00 Mn |
| Jun 30, 2016 | 591.00 Mn |
| Jun 30, 2016 | 591.00 Mn |
| Mar 31, 2016 | 530.00 Mn |
| Mar 31, 2016 | 530.00 Mn |
| Dec 31, 2015 | 491.00 Mn |
| Dec 31, 2015 | 491.00 Mn |
| Sep 30, 2015 | 509.00 Mn |
| Sep 30, 2015 | 509.00 Mn |
| Jun 30, 2015 | 614.00 Mn |
| Jun 30, 2015 | 614.00 Mn |
| Mar 31, 2013 | 787.00 Mn |
| Mar 31, 2013 | 787.00 Mn |
| Dec 31, 2012 | 804.00 Mn |
| Dec 31, 2012 | 804.00 Mn |
| Sep 30, 2012 | 775.00 Mn |
| Sep 30, 2012 | 775.00 Mn |
| Jun 30, 2012 | 680.00 Mn |
| Jun 30, 2012 | 680.00 Mn |
| Mar 31, 2012 | 736.00 Mn |
| Mar 31, 2012 | 736.00 Mn |
| Dec 31, 2011 | 929.00 Mn |
| Dec 31, 2011 | 929.00 Mn |
| Sep 30, 2011 | 1.66 Bn |
| Sep 30, 2011 | 1.66 Bn |
| Jun 30, 2011 | 1.44 Bn |
| Jun 30, 2011 | 1.44 Bn |
| Mar 31, 2011 | 1.31 Bn |
| Mar 31, 2011 | 1.31 Bn |
| Dec 31, 2010 | 1.37 Bn |
| Dec 31, 2010 | 1.37 Bn |
| Sep 30, 2010 | 939.00 Mn |
| Sep 30, 2010 | 939.00 Mn |
| Jun 30, 2010 | 1,349.00 |
| Jun 30, 2010 | 1,349.00 |
| Mar 31, 2010 | 1.20 Bn |
| Mar 31, 2010 | 1.20 Bn |
| Dec 31, 2009 | 1.17 Bn |
| Dec 31, 2009 | 1.17 Bn |
| Sep 30, 2009 | 1.61 Bn |
| Sep 30, 2009 | 1.61 Bn |
| Jun 30, 2009 | 1.20 Bn |
| Jun 30, 2009 | 1.20 Bn |
| Mar 31, 2009 | 1.14 Bn |
| Mar 31, 2009 | 1.14 Bn |