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
DateValue
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