Southwest Airlines (LUV) Current Assets (2009 - 2026)
Southwest Airlines' Current Assets came in at $6.48 billion for Q2 2026, up 6.4% from $6.09 billion a year earlier and up 8.6% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Southwest Airlines' Current Assets was $5.65 billion, down 49.9% from FY2024.
- Current Assets has declined in each of the last four years, with a five-year compound annual growth rate of -17.9% (FY2020 to FY2025).
- Going back by year, Current Assets was $11.27 billion in FY2024 (-19.2%), $13.96 billion in FY2023 (-5.8%), $14.81 billion in FY2022 (-17.9%) and $18.04 billion in FY2021 (+18.9%).
- The Q2 2026 figure represents the highest quarterly Current Assets since Q1 2025.
- Year-over-year, Current Assets increased in 1 of the last eight quarters, with an average decline of 31.5%.
- The fastest year-over-year change in Current Assets over five years came in Q4 2021 (growth of 18.9%), and the weakest in Q3 2025 (a decline of 54.8%).
- Business Quant data shows LUV's Current Assets at $5.97 billion (Q1 2026), $5.65 billion (Q4 2025) and $5.4 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.89 Bn | 165.41 Bn | - | 5.53 Bn |
| 2 | Csx | 89.08 Bn | 85.29 Bn | - | 3.41 Bn |
| 3 | United Parcel Service | 84.08 Bn | 60.97 Bn | - | 17.55 Bn |
| 4 | Canadian Pacific Kansas City | 77.63 Bn | 76.65 Bn | - | 2.43 Bn |
| 5 | Norfolk Southern | 73.06 Bn | 67.71 Bn | - | 2.80 Bn |
| 6 | Fedex | 70.59 Bn | 36.54 Bn | - | 27.90 Bn |
| 7 | Delta Air Lines | 50.94 Bn | 33.13 Bn | - | 13.49 Bn |
| 8 | Old Dominion Freight Line | 39.08 Bn | 38.34 Bn | - | 1.00 Bn |
| 9 | United Airlines Holdings | 32.38 Bn | -23.99 Bn | - | 21.66 Bn |
| 10 | Southwest Airlines | 19.85 Bn | 6.48 Bn | - | 6.48 Bn |
Historic Data
Download Data
Historic 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 |
API Access
Southwest Airlines Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-assets&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-assets&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();