Southwest Airlines (LUV) Current Assets (2009 - 2026)
Southwest Airlines' (LUV) quarterly Current Assets came in at $6.5 billion in Q2 2026, up 6.4% YoY 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 18 years of Current Assets data on file, last reported at $6.5 billion 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 advanced to $6.5 billion in Q2 2026, from $6.0 billion in the prior quarter.
- In the past five years, Current Assets ranged from a high of $19.4 billion in Q2 2022 to a low of $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 climbed 16.91% — and 2025, when it plunged 54.78%.
- Tracing LUV's Current Assets over 5 years: 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 14.83% to $6.5 billion in 2026.
- The last three Current Assets figures came in at $6.5 billion (Q2 2026), $6.0 billion (Q1 2026), and $5.6 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 14.24 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 7.21 Bn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 6.48 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 1.76 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 3.94 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 1.02 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 3.16 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 1.36 Bn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 1.31 Bn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 535.10 Mn |
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 |