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

Southwest Airlines (LUV) has reported Common Equity for 18 consecutive years, with $7.1 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Common Equity fell 11.48% year-over-year to $7.1 billion; the trailing twelve-month figure through Jun 2026 stood at $7.1 billion (down 11.48% YoY), and the FY2025 full-year result was $8.0 billion, down 22.89% from the prior year.
• Common Equity rose to $7.1 billion in Q2 2026 per LUV's latest filing, from $6.9 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.
• Historically, Common Equity has averaged $9.7 billion across 5 years, with a median of $10.4 billion in 2024.
• The sharpest annual moves came in 2022 and 2026: Common Equity advanced 14.78% in 2022, then slipped 26.59% in 2026.
• Over 5 years, Common Equity stood at $10.7 billion in 2022, then slipped by 1.61% to $10.5 billion in 2023, then retreated by 1.57% to $10.4 billion in 2024, then retreated by 22.89% to $8.0 billion in 2025, then fell by 11.26% to $7.1 billion in 2026.
• According to Business Quant data, Common Equity over the past three periods registered $7.1 billion, $6.9 billion, and $8.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.