Southwest Airlines (LUV) Inventory Average (2009 - 2026)
Southwest Airlines' (LUV) quarterly Inventory Average came in at $875.0 million in Q2 2026, up 12.25% YoY from $779.5 million in Q2 2025, and up 8.83% on a QoQ basis from $804.0 million in Q1 2026.
Southwest Airlines (LUV) Inventory Average (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Inventory Average data on file, last reported at $875.0 million in Q2 2026.
- Quarterly Inventory Average rose 12.25% year-over-year to $875.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $875.0 million (up 12.25% YoY) and the FY2025 annual result came in at $787.5 million, down 1.99% from the prior year.
- Inventory Average advanced to $875.0 million in Q2 2026, from $804.0 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $875.0 million in Q2 2026 to a low of $580.0 million in Q1 2022.
- A 5-year average of $769.3 million and a median of $782.8 million in 2022 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average soared 56.62% — and 2025, when it declined 2.32%.
- Tracing LUV's Inventory Average over 5 years: stood at $783.0 million in 2022, then grew by 2.55% to $803.0 million in 2023, then slipped by 2.24% to $785.0 million in 2024, then retreated by 0.19% to $783.5 million in 2025, then rose by 11.68% to $875.0 million in 2026.
- The last three Inventory Average figures came in at $875.0 million (Q2 2026), $804.0 million (Q1 2026), and $783.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 2.16 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 5.48 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 875.00 Mn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 242.50 Mn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 183.66 Mn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 293.00 Mn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 49.55 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 98.50 Mn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 97.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 875.00 Mn |
| Mar 31, 2026 | 804.00 Mn |
| Dec 31, 2025 | 783.50 Mn |
| Sep 30, 2025 | 782.50 Mn |
| Jun 30, 2025 | 779.50 Mn |
| Mar 31, 2025 | 793.00 Mn |
| Dec 31, 2024 | 785.00 Mn |
| Sep 30, 2024 | 777.00 Mn |
| Jun 30, 2024 | 798.00 Mn |
| Mar 31, 2024 | 809.50 Mn |
| Dec 31, 2023 | 803.00 Mn |
| Sep 30, 2023 | 756.50 Mn |
| Jun 30, 2023 | 725.00 Mn |
| Mar 31, 2023 | 763.00 Mn |
| Dec 31, 2022 | 783.00 Mn |
| Sep 30, 2022 | 763.50 Mn |
| Jun 30, 2022 | 687.00 Mn |
| Mar 31, 2022 | 580.00 Mn |
| Dec 31, 2021 | 524.00 Mn |
| Sep 30, 2021 | 487.50 Mn |