Growth Metrics

Southwest Airlines (LUV) Inventory Average (2009 - 2026)

Southwest Airlines posted quarterly Inventory Average of $804.0 million for Q1 2026, up 1.39% year-on-year from $793.0 million in Q1 2025, and up 2.62% on a QoQ basis from $783.5 million in Q4 2025.

Southwest Airlines (LUV) has 18 years of Inventory Average data on file, last reported at $804.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Inventory Average rose 1.39% year-over-year to $804.0 million; the trailing twelve-month figure through Mar 2026 stood at $804.0 million (up 1.39% YoY), and the FY2025 full-year result was $787.5 million, down 1.99% from the prior year.
  • Inventory Average for Q1 2026 stood at $804.0 million, up from $783.5 million in the prior quarter.
  • Across five years, Inventory Average topped out at $809.5 million in Q1 2024 and bottomed at $580.0 million in Q1 2022.
  • The 5-year median for Inventory Average is $782.5 million (2025), against an average of $763.1 million.
  • The widest annual swing landed in 2022, when Inventory Average soared 56.62%; it then declined 2.32% in 2025.
  • A 5-year view of Inventory Average shows it stood at $783.0 million in 2022, then increased by 2.55% to $803.0 million in 2023, then dropped by 2.24% to $785.0 million in 2024, then decreased by 0.19% to $783.5 million in 2025, then increased by 2.62% to $804.0 million in 2026.
  • The last three Inventory Average figures came in at $804.0 million (Q1 2026), $783.5 million (Q4 2025), and $782.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn -
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 804.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 179.68 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 17.00 Mn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 217.50 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn -
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 147.02 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 237.50 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 39.12 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn -

Historic Data

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DateValue
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
Jun 30, 2021 456.00 Mn
Mar 31, 2021 431.00 Mn
Dec 31, 2020 420.00 Mn
Sep 30, 2020 424.00 Mn
Jun 30, 2020 470.00 Mn
Mar 31, 2020 523.50 Mn
Dec 31, 2019 528.50 Mn
Sep 30, 2019 519.00 Mn
Jun 30, 2019 497.00 Mn
Mar 31, 2019 472.50 Mn
Dec 31, 2018 472.00 Mn
Sep 30, 2018 471.00 Mn
Jun 30, 2018 444.50 Mn
Mar 31, 2018 425.00 Mn
Dec 31, 2017 429.00 Mn
Sep 30, 2017 401.50 Mn
Jun 30, 2017 360.50 Mn
Mar 31, 2017 346.50 Mn
Dec 31, 2016 334.00 Mn
Sep 30, 2016 329.50 Mn
Jun 30, 2016 308.50 Mn
Mar 31, 2016 300.00 Mn
Dec 31, 2015 309.50 Mn
Sep 30, 2015 317.00 Mn
Jun 30, 2015 315.00 Mn
Mar 31, 2015 323.00 Mn
Dec 31, 2014 385.50 Mn
Sep 30, 2014 432.00 Mn
Jun 30, 2014 436.50 Mn
Mar 31, 2014 452.50 Mn
Dec 31, 2013 494.00 Mn
Sep 30, 2013 491.00 Mn
Jun 30, 2013 470.50 Mn
Mar 31, 2013 474.50 Mn
Dec 31, 2012 506.50 Mn
Sep 30, 2012 495.00 Mn
Jun 30, 2012 439.00 Mn
Mar 31, 2012 416.50 Mn
Dec 31, 2011 430.00 Mn
Sep 30, 2011 229.50 Mn
Jun 30, 2011 160.00 Mn
Mar 31, 2011 281.50 Mn
Dec 31, 2010 237.00 Mn
Sep 30, 2010 228.50 Mn
Jun 30, 2010 226.50 Mn
Mar 31, 2010 224.00 Mn
Dec 31, 2009 208.50 Mn
Sep 30, 2009 198.00 Mn
Jun 30, 2009 185.50 Mn
Mar 31, 2009 187.00 Mn