Southwest Airlines (LUV) Equity Average (2009 - 2026)
Southwest Airlines (LUV) reported Equity Average of $7.4 billion for Q1 2026, down 24.65% on a YoY basis from $9.9 billion in Q1 2025, and down 5.72% quarter-over-quarter from $7.9 billion in Q4 2025.
Southwest Airlines (LUV) Equity Average (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Equity Average for 18 years, with the latest figure at $7.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Equity Average fell 24.65% year-over-year to $7.4 billion; the trailing twelve-month figure through Mar 2026 stood at $7.4 billion (down 24.65% YoY), and the FY2025 full-year result was $9.2 billion, down 12.14% from the prior year.
- Equity Average for Q1 2026 stood at $7.4 billion, down from $7.9 billion in the prior quarter.
- The five-year high for Equity Average was $11.0 billion in Q3 2022, with the low at $7.4 billion in Q1 2026.
- Historically, Equity Average has averaged $9.9 billion across 5 years, with a median of $10.4 billion in 2022.
- Annual changes were most pronounced in 2022 — Equity Average gained 15.93% — and 2026, when it decreased 24.65%.
- Southwest Airlines' Equity Average stood at $10.8 billion in 2022, then slipped by 0.19% to $10.8 billion in 2023, then decreased by 3.75% to $10.4 billion in 2024, then decreased by 24.1% to $7.9 billion in 2025, then retreated by 5.72% to $7.4 billion in 2026.
- The last three Equity Average figures came in at $7.4 billion (Q1 2026), $7.9 billion (Q4 2025), and $7.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 11.02 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 20.61 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 7.43 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 2.72 Bn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 3.92 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 2.74 Bn |
| 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 | 1.97 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 1.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.43 Bn |
| Dec 31, 2025 | 7.88 Bn |
| Sep 30, 2025 | 7.89 Bn |
| Jun 30, 2025 | 8.68 Bn |
| Mar 31, 2025 | 9.86 Bn |
| Dec 31, 2024 | 10.38 Bn |
| Sep 30, 2024 | 10.44 Bn |
| Jun 30, 2024 | 10.33 Bn |
| Mar 31, 2024 | 10.36 Bn |
| Dec 31, 2023 | 10.78 Bn |
| Sep 30, 2023 | 10.92 Bn |
| Jun 30, 2023 | 10.55 Bn |
| Mar 31, 2023 | 10.49 Bn |
| Dec 31, 2022 | 10.81 Bn |
| Sep 30, 2022 | 11.02 Bn |
| Jun 30, 2022 | 10.77 Bn |
| Mar 31, 2022 | 10.42 Bn |
| Dec 31, 2021 | 10.33 Bn |
| Sep 30, 2021 | 9.97 Bn |
| Jun 30, 2021 | 9.39 Bn |