Growth Metrics

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

Southwest Airlines posted quarterly Current Assets of $6.0 billion for Q1 2026, down 44.39% year-on-year from $10.7 billion in Q1 2025, and up 5.74% on a QoQ basis from $5.6 billion in Q4 2025.

Southwest Airlines (LUV) has 18 years of Current Assets data on file, last reported 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.
  • Across five years, Current Assets topped out at $19.4 billion in Q2 2022 and bottomed at $5.4 billion in Q3 2025.
  • The 5-year median for Current Assets is $13.3 billion (2024), against an average of $12.4 billion.
  • The widest annual swing landed in 2022, when Current Assets climbed 16.91%; it then slumped 54.78% in 2025.
  • A 5-year view of Current Assets shows it stood at $14.8 billion in 2022, then declined by 5.76% to $14.0 billion in 2023, then declined by 19.21% to $11.3 billion in 2024, then slumped by 49.93% to $5.6 billion in 2025, then gained 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 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 13.66 Bn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 5.97 Bn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 2.08 Bn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 1.39 Bn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 3.02 Bn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 1.01 Bn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 1.78 Bn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 3.37 Bn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 1.07 Bn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 1.10 Bn

Historic Data

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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
Mar 31, 2021 16.10 Bn
Dec 31, 2020 15.17 Bn
Sep 30, 2020 16.13 Bn
Jun 30, 2020 15.87 Bn
Mar 31, 2020 7.03 Bn
Dec 31, 2019 5.97 Bn
Sep 30, 2019 5.65 Bn
Jun 30, 2019 5.55 Bn
Mar 31, 2019 5.48 Bn
Dec 31, 2018 5.03 Bn
Sep 30, 2018 5.60 Bn
Jun 30, 2018 5.41 Bn
Mar 31, 2018 4.80 Bn
Dec 31, 2017 4.82 Bn
Sep 30, 2017 4.28 Bn
Jun 30, 2017 4.34 Bn
Mar 31, 2017 4.66 Bn
Dec 31, 2016 4.50 Bn
Sep 30, 2016 4.84 Bn
Jun 30, 2016 4.47 Bn
Mar 31, 2016 4.57 Bn
Dec 31, 2015 4.02 Bn
Sep 30, 2015 4.57 Bn
Jun 30, 2015 4.60 Bn
Mar 31, 2015 4.96 Bn
Dec 31, 2014 3.93 Bn
Sep 30, 2014 4.99 Bn
Jun 30, 2014 5.32 Bn
Mar 31, 2014 4.81 Bn
Dec 31, 2013 4.46 Bn
Sep 30, 2013 4.77 Bn
Jun 30, 2013 4.86 Bn
Mar 31, 2013 4.51 Bn
Dec 31, 2012 4.23 Bn
Sep 30, 2012 4.65 Bn
Jun 30, 2012 4.69 Bn
Mar 31, 2012 5.12 Bn
Dec 31, 2011 4.35 Bn
Sep 30, 2011 4.59 Bn
Jun 30, 2011 5,421.00
Mar 31, 2011 5.33 Bn
Dec 31, 2010 4.28 Bn
Sep 30, 2010 4.04 Bn
Jun 30, 2010 3.97 Bn
Mar 31, 2010 3.62 Bn
Dec 31, 2009 3.36 Bn
Sep 30, 2009 3.13 Bn
Jun 30, 2009 3.09 Bn
Mar 31, 2009 3.00 Bn