Southwest Airlines (LUV) Current Assets (2009 - 2026)

Southwest Airlines (LUV) reported Current Assets of $6.0 billion for Q1 2026, down 44.39% on a YoY basis from $10.7 billion in Q1 2025, and up 5.74% quarter-over-quarter from $5.6 billion in Q4 2025.

Southwest Airlines (LUV) Current Assets (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Current Assets for 18 years, with the latest figure at $6.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Current Assets fell 44.39% year-over-year to $6.0 billion; the trailing twelve-month figure through Mar 2026 stood at $6.0 billion (down 44.39% YoY), and the FY2025 full-year result was $5.6 billion, down 49.93% from the prior year.
  • Current Assets for Q1 2026 stood at $6.0 billion, up from $5.6 billion in the prior quarter.
  • The five-year high for Current Assets was $19.4 billion in Q2 2022, with the low at $5.4 billion in Q3 2025.
  • Historically, Current Assets has averaged $12.4 billion across 5 years, with a median of $13.3 billion in 2024.
  • Annual changes were most pronounced in 2022 — Current Assets climbed 16.91% — and 2025, when it plunged 54.78%.
  • Southwest Airlines' Current Assets stood at $14.8 billion in 2022, then dropped by 5.76% to $14.0 billion in 2023, then dropped by 19.21% to $11.3 billion in 2024, then tumbled by 49.93% to $5.6 billion in 2025, then rose by 5.74% to $6.0 billion in 2026.
  • The last three Current Assets figures came in at $6.0 billion (Q1 2026), $5.6 billion (Q4 2025), and $5.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Assets (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 9.07 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 13.66 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 2.08 Bn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 5.97 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 1.78 Bn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 3.02 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 1.01 Bn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 1.39 Bn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 3.37 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 1.07 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.97 Bn
Dec 31, 2025 5.65 Bn
Sep 30, 2025 5.40 Bn
Jun 30, 2025 6.09 Bn
Mar 31, 2025 10.73 Bn
Dec 31, 2024 11.27 Bn
Sep 30, 2024 11.93 Bn
Jun 30, 2024 12.75 Bn
Mar 31, 2024 13.28 Bn
Dec 31, 2023 13.96 Bn
Sep 30, 2023 14.63 Bn
Jun 30, 2023 14.66 Bn
Mar 31, 2023 14.27 Bn
Dec 31, 2022 14.81 Bn
Sep 30, 2022 16.42 Bn
Jun 30, 2022 19.40 Bn
Mar 31, 2022 18.82 Bn
Dec 31, 2021 18.04 Bn
Sep 30, 2021 18.55 Bn
Jun 30, 2021 19.19 Bn