Southwest Airlines (LUV) Current Leases (2013 - 2026)

Southwest Airlines (LUV) has reported Current Leases for 14 consecutive years, with $283.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Current Leases fell 12.38% year-over-year to $283.0 million; the trailing twelve-month figure through Jun 2026 stood at $283.0 million (down 12.38% YoY), and the FY2025 full-year result was $312.0 million, down 4.88% from the prior year.
• Current Leases fell to $283.0 million in Q2 2026 per LUV's latest filing, from $300.0 million in the prior quarter.
• Across five years, Current Leases topped out at $331.0 million in Q1 2025 and bottomed at $198.0 million in Q2 2024.
• Historically, Current Leases has averaged $256.7 million across 5 years, with a median of $236.5 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Current Leases declined 17.81% in 2022, then surged 63.13% in 2025.
• Over 5 years, Current Leases stood at $225.0 million in 2022, then retreated by 7.56% to $208.0 million in 2023, then jumped by 57.69% to $328.0 million in 2024, then retreated by 4.88% to $312.0 million in 2025, then decreased by 9.29% to $283.0 million in 2026.
• According to Business Quant data, Current Leases over the past three periods registered $283.0 million, $300.0 million, and $312.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.