Southwest Airlines (LUV) Change in Property, Plant and Equipment (2009 - 2026)
Southwest Airlines (LUV) posted Change in Property, Plant and Equipment of -$721 million for Q3 2026, compared with -$678 million a year earlier.
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Analysis
Southwest Airlines (LUV) Change in Property, Plant and Equipment (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Change in Property, Plant and Equipment at Southwest Airlines was -$2.47 billion; for FY2025, it came in at -$2.67 billion.
- In prior years, Southwest Airlines' Change in Property, Plant and Equipment was -$2.05 billion in FY2024, -$3.52 billion in FY2023, -$3.95 billion in FY2022 and -$511 million in FY2021.
- Quarterly Change in Property, Plant and Equipment has run from a low of -$1.36 billion in Q4 2022 to a high of -$183 million in Q4 2021 over five years.
- According to Business Quant data, Change in Property, Plant and Equipment for the three prior quarters was -$560 million (Q2 2026), -$438 million (Q1 2026) and -$751 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in PP&E (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 174.04 Bn | 166.29 Bn | - | -1.02 Bn |
| 2 | Csx | 93.63 Bn | 88.85 Bn | - | -586.00 Mn |
| 3 | Canadian Pacific Kansas City | 78.71 Bn | 78.42 Bn | - | -545.09 Mn |
| 4 | United Parcel Service | 75.71 Bn | 52.63 Bn | - | -577.00 Mn |
| 5 | Norfolk Southern | 74.09 Bn | 68.55 Bn | - | -490.00 Mn |
| 6 | Fedex | 70.69 Bn | 36.64 Bn | - | -1.45 Bn |
| 7 | Delta Air Lines | 50.49 Bn | 32.68 Bn | - | -1.41 Bn |
| 8 | Old Dominion Freight Line | 37.91 Bn | 37.17 Bn | - | -47.56 Mn |
| 9 | United Airlines Holdings | 31.82 Bn | -25.88 Bn | - | -2.12 Bn |
| 10 | Southwest Airlines | 20.44 Bn | 6.46 Bn | - | -721.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -721.00 Mn |
| Jun 30, 2026 | -560.00 Mn |
| Mar 31, 2026 | -438.00 Mn |
| Dec 31, 2025 | -859.00 Mn |
| Sep 30, 2025 | -678.00 Mn |
| Jun 30, 2025 | -635.00 Mn |
| Mar 31, 2025 | -501.00 Mn |
| Dec 31, 2024 | -434.00 Mn |
| Sep 30, 2024 | -527.00 Mn |
| Jun 30, 2024 | -500.00 Mn |
| Mar 31, 2024 | -592.00 Mn |
| Dec 31, 2023 | -685.00 Mn |
| Sep 30, 2023 | -850.00 Mn |
| Jun 30, 2023 | -933.00 Mn |
| Mar 31, 2023 | -1.05 Bn |
| Dec 31, 2022 | -1.36 Bn |
| Sep 30, 2022 | -1.08 Bn |
| Jun 30, 2022 | -990.00 Mn |
| Mar 31, 2022 | -514.00 Mn |
| Dec 31, 2021 | -183.00 Mn |
API Access
Southwest Airlines Change in Property, Plant and Equipment 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-property-plant-and-equipment&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-property-plant-and-equipment", "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-property-plant-and-equipment&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();