Southwest Airlines (LUV) Inventory (2009 - 2026)
Southwest Airlines (LUV) reported Inventory of $917 million for Q2 2026, up 18.6% from $773 million a year earlier and up 10.1% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Southwest Airlines posted Inventory of $775 million, down 3.1% from FY2024.
- Inventory has a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- By year, Inventory came in at $800 million in FY2024 (-0.9%), $807 million in FY2023 (+2.2%), $790 million in FY2022 (+47.1%) and $537 million in FY2021 (+29.7%).
- The Q2 2026 figure ranks as the highest quarterly Inventory in data going back to Q1 2009.
- Year over year, Inventory gained in three of the last eight quarters, with growth averaging 1.9%.
- The high point for year-over-year Inventory in five years was Q2 2022 (growth of 61.9%); the low point was Q2 2023 (a decline of 4.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $833 million (Q1 2026), $775 million (Q4 2025) and $792 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 919.00 Mn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 406.00 Mn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 381.45 Mn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 327.00 Mn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 2.64 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 1.80 Bn |
| 10 | Southwest Airlines | 18.96 Bn | 5.59 Bn | - | 917.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 917.00 Mn |
| Mar 31, 2026 | 833.00 Mn |
| Dec 31, 2025 | 775.00 Mn |
| Sep 30, 2025 | 792.00 Mn |
| Jun 30, 2025 | 773.00 Mn |
| Mar 31, 2025 | 786.00 Mn |
| Dec 31, 2024 | 800.00 Mn |
| Sep 30, 2024 | 770.00 Mn |
| Jun 30, 2024 | 784.00 Mn |
| Mar 31, 2024 | 812.00 Mn |
| Dec 31, 2023 | 807.00 Mn |
| Sep 30, 2023 | 799.00 Mn |
| Jun 30, 2023 | 714.00 Mn |
| Mar 31, 2023 | 736.00 Mn |
| Dec 31, 2022 | 790.00 Mn |
| Sep 30, 2022 | 776.00 Mn |
| Jun 30, 2022 | 751.00 Mn |
| Mar 31, 2022 | 623.00 Mn |
| Dec 31, 2021 | 537.00 Mn |
| Sep 30, 2021 | 511.00 Mn |
API Access
Southwest Airlines Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();