Southwest Airlines (LUV) Depreciation & Amortization (CF) (2009 - 2026)
Southwest Airlines (LUV) reported Depreciation & Amortization (CF) of $398.0 million for Q1 2026, up 0.51% on a YoY basis from $396.0 million in Q1 2025, and up 7.28% quarter-over-quarter from $371.0 million in Q4 2025.
Southwest Airlines (LUV) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Depreciation & Amortization (CF) for 18 years, with the latest figure at $398.0 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation & Amortization (CF) rose 0.51% year-over-year to $398.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (down 4.98% YoY), and the FY2025 full-year result was $1.6 billion, down 5.85% from the prior year.
- Depreciation & Amortization (CF) for Q1 2026 stood at $398.0 million, up from $371.0 million in the prior quarter.
- The five-year high for Depreciation & Amortization (CF) was $438.0 million in Q3 2024, with the low at $324.0 million in Q1 2022.
- Historically, Depreciation & Amortization (CF) has averaged $381.7 million across 5 years, with a median of $394.0 million in 2025.
- Annual changes were most pronounced in 2024 — Depreciation & Amortization (CF) climbed 16.8% — and 2025, when it retreated 10.05%.
- Southwest Airlines' Depreciation & Amortization (CF) stood at $367.0 million in 2022, then increased by 13.08% to $415.0 million in 2023, then declined by 1.93% to $407.0 million in 2024, then declined by 8.85% to $371.0 million in 2025, then increased by 7.28% to $398.0 million in 2026.
- The last three Depreciation & Amortization (CF) figures came in at $398.0 million (Q1 2026), $371.0 million (Q4 2025), and $394.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 420.88 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 190.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 398.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 204.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | - |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 179.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 57.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 398.00 Mn |
| Mar 31, 2026 | 398.00 Mn |
| Dec 31, 2025 | 371.00 Mn |
| Dec 31, 2025 | 371.00 Mn |
| Sep 30, 2025 | 394.00 Mn |
| Sep 30, 2025 | 394.00 Mn |
| Jun 30, 2025 | 400.00 Mn |
| Jun 30, 2025 | 400.00 Mn |
| Mar 31, 2025 | 396.00 Mn |
| Mar 31, 2025 | 396.00 Mn |
| Dec 31, 2024 | 407.00 Mn |
| Dec 31, 2024 | 407.00 Mn |
| Sep 30, 2024 | 438.00 Mn |
| Sep 30, 2024 | 438.00 Mn |
| Jun 30, 2024 | 404.00 Mn |
| Jun 30, 2024 | 404.00 Mn |
| Mar 31, 2024 | 408.00 Mn |
| Mar 31, 2024 | 408.00 Mn |
| Dec 31, 2023 | 415.00 Mn |
| Dec 31, 2023 | 415.00 Mn |