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% on a YoY basis from $6.1 billion in Q2 2025, and up 8.59% quarter-over-quarter from $6.0 billion in Q1 2026.
Analysis
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.
- For the quarter ending Q2 2026, Current Assets rose 6.4% year-over-year to $6.5 billion; the trailing twelve-month figure through Jun 2026 stood at $6.5 billion (up 6.4% YoY), and the FY2025 full-year result was $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.
- Across five years, Current Assets topped out at $19.4 billion in Q2 2022 and bottomed at $5.4 billion in Q3 2025.
- Historically, Current Assets has averaged $12.0 billion across 5 years, with a median of $13.0 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Current Assets grew 16.91% in 2022, then sank 54.78% in 2025.
- Over 5 years, Current Assets stood at $14.8 billion in 2022, then fell by 5.76% to $14.0 billion in 2023, then fell by 19.21% to $11.3 billion in 2024, then sank by 49.93% to $5.6 billion in 2025, then advanced 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 14.24 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 7.21 Bn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 6.48 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 1.76 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 3.94 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 1.02 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | 2.07 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 1.36 Bn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 3.16 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | 1.31 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 |