Southwest Airlines (LUV) Common Equity (2009 - 2026)

Southwest Airlines (LUV) has 18 years of Common Equity data on file, last reported at $6.9 billion in Q1 2026.

• For the quarter ending Q1 2026, Common Equity fell 26.59% year-over-year to $6.9 billion; the trailing twelve-month figure through Mar 2026 stood at $6.9 billion (down 26.59% YoY), and the FY2025 full-year result was $8.0 billion, down 22.89% from the prior year.
• Common Equity for Q1 2026 stood at $6.9 billion, down from $8.0 billion in the prior quarter.
• Across five years, Common Equity topped out at $11.1 billion in Q2 2022 and bottomed at $6.9 billion in Q1 2026.
• The 5-year median for Common Equity is $10.4 billion (2024), against an average of $9.8 billion.
• The widest annual swing landed in 2022, when Common Equity gained 14.78%; it then decreased 26.59% in 2026.
• A 5-year view of Common Equity shows it stood at $10.7 billion in 2022, then decreased by 1.61% to $10.5 billion in 2023, then fell by 1.57% to $10.4 billion in 2024, then fell by 22.89% to $8.0 billion in 2025, then retreated by 13.86% to $6.9 billion in 2026.
• The last three Common Equity figures came in at $6.9 billion (Q1 2026), $8.0 billion (Q4 2025), and $7.8 billion (Q3 2025), per Business Quant data.

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