Growth Metrics

Southwest Airlines (LUV) Invested Capital (2016 - 2026)

Southwest Airlines has reported Invested Capital over the past 18 years, most recently at $7.4 billion for Q1 2026.

  • Quarterly Invested Capital fell 25.74% to $7.4 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $7.4 billion through Mar 2026, down 25.74% year-over-year, with the annual reading at $12.9 billion for FY2025, 24.27% down from the prior year.
  • Invested Capital was $7.4 billion for Q1 2026 at Southwest Airlines, down from $12.9 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $17.0 billion in Q4 2024 and troughed at $7.4 billion in Q1 2026.
  • The 5-year median for Invested Capital is $10.6 billion (2023), against an average of $10.9 billion.
  • Biggest five-year swings in Invested Capital: surged 61.49% in 2024 and later fell 25.74% in 2026.
  • Tracing LUV's Invested Capital over 5 years: stood at $10.9 billion in 2022, then dropped by 2.81% to $10.6 billion in 2023, then surged by 61.49% to $17.0 billion in 2024, then decreased by 24.27% to $12.9 billion in 2025, then crashed by 42.87% to $7.4 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods came in at $7.4 billion, $12.9 billion, and $7.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.