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Southwest Airlines (LUV) Current Leases (2016 - 2026)

Southwest Airlines has reported Current Leases over the past 14 years, most recently at $300.0 million for Q1 2026.

  • Quarterly Current Leases fell 9.37% to $300.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $300.0 million through Mar 2026, down 9.37% year-over-year, with the annual reading at $312.0 million for FY2025, 4.88% down from the prior year.
  • Current Leases was $300.0 million for Q1 2026 at Southwest Airlines, down from $312.0 million in the prior quarter.
  • Over five years, Current Leases peaked at $331.0 million in Q1 2025 and troughed at $198.0 million in Q2 2024.
  • The 5-year median for Current Leases is $233.0 million (2022), against an average of $255.1 million.
  • Biggest five-year swings in Current Leases: decreased 17.81% in 2022 and later surged 63.13% in 2025.
  • Tracing LUV's Current Leases over 5 years: stood at $225.0 million in 2022, then fell by 7.56% to $208.0 million in 2023, then soared by 57.69% to $328.0 million in 2024, then fell by 4.88% to $312.0 million in 2025, then fell by 3.85% to $300.0 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods came in at $300.0 million, $312.0 million, and $310.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.