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 YoY from $400.0 million in Q2 2025, and up 1.01% on a QoQ basis from $398.0 million in Q1 2026.
Southwest Airlines (LUV) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Depreciation & Amortization (CF) data on file, last reported at $402.0 million in Q2 2026.
- Quarterly Depreciation & Amortization (CF) changed 0.5% year-over-year to $402.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.6 billion (down 4.63% YoY) and the FY2025 annual result came in at $1.6 billion, down 5.85% from the prior year.
- Depreciation & Amortization (CF) grew to $402.0 million in Q2 2026, from $398.0 million in the prior quarter.
- In the past five years, Depreciation & Amortization (CF) ranged from a high of $438.0 million in Q3 2024 to a low of $324.0 million in Q1 2022.
- A 5-year average of $382.8 million and a median of $395.0 million in 2025 frame the typical range for Depreciation & Amortization (CF).
- Annual changes were most pronounced in 2024 — Depreciation & Amortization (CF) climbed 16.8% — and 2025, when it retreated 10.05%.
- Tracing LUV's Depreciation & Amortization (CF) over 5 years: 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 climbed by 8.36% to $402.0 million in 2026.
- The last three Depreciation & Amortization (CF) figures came in at $402.0 million (Q2 2026), $398.0 million (Q1 2026), and $371.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 484.82 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 402.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 207.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | - |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 183.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 402.00 Mn |
| Jun 30, 2026 | 402.00 Mn |
| 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 |