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.

• Quarterly Current Leases fell 12.38% year-over-year to $283.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $283.0 million (down 12.38% YoY) and the FY2025 annual result came in at $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.
• Over the last five years, Current Leases for LUV reached as high as $331.0 million in Q1 2025 and fell as low as $198.0 million in Q2 2024.
• A 5-year average of $256.7 million and a median of $236.5 million in 2022 frame the typical range for Current Leases.
• Annual changes were most pronounced in 2022 — Current Leases declined 17.81% — and 2025, when it surged 63.13%.
• Year by year, Current Leases stood at $225.0 million in 2022, then decreased by 7.56% to $208.0 million in 2023, then surged by 57.69% to $328.0 million in 2024, then decreased by 4.88% to $312.0 million in 2025, then slipped 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.