Southwest Airlines (LUV) Change in Cash (2009 - 2026)
Southwest Airlines' Change in Cash was $463 million in Q2 2026, compared with -$4.66 billion a year earlier and up 377.3% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Change in Cash (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Southwest Airlines' Change in Cash was $316 million through Jun 30, 2026; for FY2025, it came in at -$4.28 billion.
- In earlier years, Change in Cash was -$1.78 billion in FY2024, -$204 million in FY2023, -$2.99 billion in FY2022 and $1.42 billion in FY2021 (-83.4%).
- The Q2 2026 figure marks the highest quarterly Change in Cash since Q1 2025.
- Per Business Quant data, LUV's Change in Cash in the three quarters before Q2 2026 was $97 million (Q1 2026), $329 million (Q4 2025) and -$573 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.52 Bn | 165.05 Bn | - | 872.00 Mn |
| 2 | Csx | 89.23 Bn | 85.43 Bn | - | 43.00 Mn |
| 3 | United Parcel Service | 83.97 Bn | 60.87 Bn | - | -1.15 Bn |
| 4 | Canadian Pacific Kansas City | 77.16 Bn | 76.18 Bn | - | -31.09 Mn |
| 5 | Norfolk Southern | 73.09 Bn | 67.73 Bn | - | -272.00 Mn |
| 6 | Fedex | 71.02 Bn | 36.97 Bn | - | 1.62 Bn |
| 7 | Delta Air Lines | 50.11 Bn | 32.29 Bn | - | -891.00 Mn |
| 8 | Old Dominion Freight Line | 39.19 Bn | 38.45 Bn | - | -4.14 Mn |
| 9 | United Airlines Holdings | 31.88 Bn | -24.49 Bn | - | 2.30 Bn |
| 10 | Southwest Airlines | 19.34 Bn | 5.97 Bn | - | 463.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 463.00 Mn |
| Mar 31, 2026 | 97.00 Mn |
| Dec 31, 2025 | 329.00 Mn |
| Sep 30, 2025 | -573.00 Mn |
| Jun 30, 2025 | -4.66 Bn |
| Mar 31, 2025 | 625.00 Mn |
| Dec 31, 2024 | -994.00 Mn |
| Sep 30, 2024 | 361.00 Mn |
| Jun 30, 2024 | -225.00 Mn |
| Mar 31, 2024 | -921.00 Mn |
| Dec 31, 2023 | -209.00 Mn |
| Sep 30, 2023 | 339.00 Mn |
| Jun 30, 2023 | 799.00 Mn |
| Mar 31, 2023 | -1.13 Bn |
| Dec 31, 2022 | -951.00 Mn |
| Sep 30, 2022 | -2.79 Bn |
| Jun 30, 2022 | 136.00 Mn |
| Mar 31, 2022 | 618.00 Mn |
| Dec 31, 2021 | -500.00 Mn |
| Sep 30, 2021 | -1.14 Bn |
API Access
Southwest Airlines Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();