Southwest Airlines (LUV) Depreciation & Amortization (CF) (2009 - 2026)
Southwest Airlines' (LUV) quarterly Depreciation & Amortization (CF) came in at $402.0 million in Q2 2026, little changed on a YoY basis from $400.0 million in Q2 2025, and up 1.01% quarter-over-quarter from $398.0 million in Q1 2026.
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Analysis
Southwest Airlines (LUV) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Depreciation & Amortization (CF) for 18 consecutive years, with $402.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Depreciation & Amortization (CF) changed 0.5% year-over-year to $402.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (down 4.63% YoY), and the FY2025 full-year result was $1.6 billion, down 5.85% from the prior year.
- Depreciation & Amortization (CF) improved to $402.0 million in Q2 2026 per LUV's latest filing, from $398.0 million in the prior quarter.
- Across five years, Depreciation & Amortization (CF) topped out at $438.0 million in Q3 2024 and bottomed at $324.0 million in Q1 2022.
- Historically, Depreciation & Amortization (CF) has averaged $382.8 million across 5 years, with a median of $395.0 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Depreciation & Amortization (CF) grew 16.8% in 2024, then decreased 10.05% in 2025.
- Over 5 years, Depreciation & Amortization (CF) stood at $367.0 million in 2022, then gained by 13.08% to $415.0 million in 2023, then retreated by 1.93% to $407.0 million in 2024, then retreated by 8.85% to $371.0 million in 2025, then increased by 8.36% to $402.0 million in 2026.
- According to Business Quant data, Depreciation & Amortization (CF) over the past three periods registered $402.0 million, $398.0 million, and $371.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 484.82 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | 402.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | 207.00 Mn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | - |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | - |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | 183.00 Mn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 402.00 Mn |
| Mar 31, 2026 | 398.00 Mn |
| Dec 31, 2025 | 371.00 Mn |
| Sep 30, 2025 | 394.00 Mn |
| Jun 30, 2025 | 400.00 Mn |
| Mar 31, 2025 | 396.00 Mn |
| Dec 31, 2024 | 407.00 Mn |
| Sep 30, 2024 | 438.00 Mn |
| Jun 30, 2024 | 404.00 Mn |
| Mar 31, 2024 | 408.00 Mn |
| Dec 31, 2023 | 415.00 Mn |
| Sep 30, 2023 | 375.00 Mn |
| Jun 30, 2023 | 367.00 Mn |
| Mar 31, 2023 | 365.00 Mn |
| Dec 31, 2022 | 367.00 Mn |
| Sep 30, 2022 | 335.00 Mn |
| Jun 30, 2022 | 325.00 Mn |
| Mar 31, 2022 | 324.00 Mn |
| Dec 31, 2021 | 323.00 Mn |
| Sep 30, 2021 | 322.00 Mn |
API Access
Southwest Airlines Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();