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.

• Quarterly Common Equity fell 11.48% year-over-year to $7.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.1 billion (down 11.48% YoY) and the FY2025 annual result came in at $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.
• Over the last five years, Common Equity for LUV reached as high as $11.1 billion in Q2 2022 and fell as low as $6.9 billion in Q1 2026.
• A 5-year average of $9.7 billion and a median of $10.4 billion in 2024 frame the typical range for Common Equity.
• Annual changes were most pronounced in 2022 — Common Equity advanced 14.78% — and 2026, when it slipped 26.59%.
• Year by year, Common Equity stood at $10.7 billion in 2022, then dropped by 1.61% to $10.5 billion in 2023, then decreased by 1.57% to $10.4 billion in 2024, then decreased by 22.89% to $8.0 billion in 2025, then retreated 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.