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Southwest Airlines (LUV) Current Leases (2016 - 2025)

Southwest Airlines (LUV) has disclosed Current Leases for 13 consecutive years, with $310.0 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Current Leases rose 53.47% year-over-year to $310.0 million, compared with a TTM value of $310.0 million through Sep 2025, up 53.47%, and an annual FY2024 reading of $328.0 million, up 57.69% over the prior year.
  • Current Leases was $310.0 million for Q3 2025 at Southwest Airlines, down from $323.0 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.
  • Average Current Leases over 5 years is $250.8 million, with a median of $239.0 million recorded in 2021.
  • The sharpest move saw Current Leases fell 23.1% in 2021, then surged 63.13% in 2025.
  • Year by year, Current Leases stood at $239.0 million in 2021, then fell by 5.86% to $225.0 million in 2022, then dropped by 7.56% to $208.0 million in 2023, then skyrocketed by 57.69% to $328.0 million in 2024, then dropped by 5.49% to $310.0 million in 2025.
  • Business Quant data shows Current Leases for LUV at $310.0 million in Q3 2025, $323.0 million in Q2 2025, and $331.0 million in Q1 2025.