Southwest Airlines (LUV) Current Assets (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Current Assets of $6.5 billion for Q2 2026, up 6.4% year-on-year from $6.1 billion in Q2 2025, and up 8.59% on a QoQ basis from $6.0 billion in Q1 2026.
Southwest Airlines (LUV) Current Assets (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Current Assets for 18 consecutive years, with $6.5 billion the latest figure, recorded in Q2 2026.
- Quarterly Current Assets rose 6.4% year-over-year to $6.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.5 billion (up 6.4% YoY) and the FY2025 annual result came in at $5.6 billion, down 49.93% from the prior year.
- Current Assets rose to $6.5 billion in Q2 2026 per LUV's latest filing, from $6.0 billion in the prior quarter.
- Over the last five years, Current Assets for LUV reached as high as $19.4 billion in Q2 2022 and fell as low as $5.4 billion in Q3 2025.
- A 5-year average of $12.0 billion and a median of $13.0 billion in 2024 frame the typical range for Current Assets.
- Annual changes were most pronounced in 2022 — Current Assets grew 16.91% — and 2025, when it tumbled 54.78%.
- Year by year, Current Assets stood at $14.8 billion in 2022, then retreated by 5.76% to $14.0 billion in 2023, then retreated by 19.21% to $11.3 billion in 2024, then plunged by 49.93% to $5.6 billion in 2025, then climbed by 14.83% to $6.5 billion in 2026.
- According to Business Quant data, Current Assets over the past three periods registered $6.5 billion, $6.0 billion, and $5.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 5.05 Bn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | 7.05 Bn |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 14.24 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 6.48 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | 1.51 Bn |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 1.78 Bn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 3.02 Bn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 1.02 Bn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | 3.37 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 915.81 Mn | 651.87 Mn | 1.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48 Bn |
| 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 |