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Accumulated Depreciation & AmortizationCost of RevenueDepreciation & Amortization (IS)EBIATLeasesLong-Term Debt IssuancesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Receivables - NetReceivables - OtherRent ExpenseShares Repurchased
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Southwest Airlines (LUV) Leases (2019 - 2025)

Southwest Airlines (LUV) has disclosed Leases for 7 consecutive years, with $1.1 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Leases fell 20.45% year-over-year to $1.1 billion, compared with a TTM value of $1.1 billion through Dec 2025, down 20.45%, and an annual FY2025 reading of $1.1 billion, down 20.45% over the prior year.
  • Leases was $1.1 billion for Q4 2025 at Southwest Airlines, down from $1.2 billion in the prior quarter.
  • Across five years, Leases topped out at $2.0 billion in Q1 2021 and bottomed at $9.0 million in Q1 2025.
  • Average Leases over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2023.
  • The sharpest move saw Leases skyrocketed 311.78% in 2023, then tumbled 99.24% in 2025.
  • Year by year, Leases stood at $556.0 million in 2021, then plummeted by 46.58% to $297.0 million in 2022, then surged by 311.78% to $1.2 billion in 2023, then rose by 11.94% to $1.4 billion in 2024, then decreased by 20.45% to $1.1 billion in 2025.
  • Business Quant data shows Leases for LUV at $1.1 billion in Q4 2025, $1.2 billion in Q3 2025, and $1.2 billion in Q2 2025.