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
DateValue
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