Southwest Airlines (LUV) Current Deferred Tax Assets (2009 - 2015)

Southwest Airlines (LUV) has reported Current Deferred Tax Assets for 7 consecutive years, with $465.0 million the latest figure, recorded in Q3 2015.

• Quarterly Current Deferred Tax Assets rose 96.2% year-over-year to $465.0 million in Q3 2015, while the trailing twelve-month figure through Sep 2015 was $465.0 million (up 96.2% YoY) and the FY2014 annual result came in at $477.0 million, up 183.93% from the prior year.
• Current Deferred Tax Assets advanced to $465.0 million in Q3 2015 per LUV's latest filing, from $421.0 million in the prior quarter.
• Over the last five years, Current Deferred Tax Assets for LUV reached as high as $477.0 million in Q4 2014 and fell as low as $165.0 million in Q2 2014.
• A 5-year average of $285.7 million and a median of $250.5 million in 2012 frame the typical range for Current Deferred Tax Assets.
• The largest YoY upside for Current Deferred Tax Assets was 183.93% in 2014 against a maximum downside of 42.51% in 2014.
• Year by year, Current Deferred Tax Assets stood at $263.0 million in 2011, then fell by 6.46% to $246.0 million in 2012, then plunged by 31.71% to $168.0 million in 2013, then soared by 183.93% to $477.0 million in 2014, then declined by 2.52% to $465.0 million in 2015.
• According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $465.0 million, $421.0 million, and $452.0 million for Q3 2015, Q2 2015, and Q1 2015 respectively.