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| Date | Value |
|---|---|
| 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 |