Southwest Airlines LUV
NYSE LUV
$40.38 +0.49 (+1.23%)
At close: Aug 21, 2026 · 4:00 PM EDT

Southwest Airlines (LUV) Liabilities and Shareholders Equity (2009 - 2026)

Southwest Airlines' (LUV) quarterly Liabilities and Shareholders Equity came in at $30.1 billion in Q2 2026, up 4.91% YoY from $28.7 billion in Q2 2025, and up 2.61% on a QoQ basis from $29.4 billion in Q1 2026.

Southwest Airlines (LUV) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends

Southwest Airlines (LUV) has 18 years of Liabilities and Shareholders Equity data on file, last reported at $30.1 billion in Q2 2026.

  • Quarterly Liabilities and Shareholders Equity rose 4.91% year-over-year to $30.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $116.8 billion (down 10.47% YoY) and the FY2025 annual result came in at $29.1 billion, down 13.89% from the prior year.
  • Liabilities and Shareholders Equity rose to $30.1 billion in Q2 2026, from $29.4 billion in the prior quarter.
  • In the past five years, Liabilities and Shareholders Equity ranged from a high of $38.3 billion in Q2 2022 to a low of $28.3 billion in Q3 2025.
  • A 5-year average of $34.0 billion and a median of $35.5 billion in 2022 frame the typical range for Liabilities and Shareholders Equity.
  • Annual changes were most pronounced in 2022 — Liabilities and Shareholders Equity climbed 4.98% — and 2025, when it slipped 19.26%.
  • Tracing LUV's Liabilities and Shareholders Equity over 5 years: stood at $35.4 billion in 2022, then advanced by 3.16% to $36.5 billion in 2023, then declined by 7.5% to $33.8 billion in 2024, then declined by 13.89% to $29.1 billion in 2025, then increased by 3.65% to $30.1 billion in 2026.
  • The last three Liabilities and Shareholders Equity figures came in at $30.1 billion (Q2 2026), $29.4 billion (Q1 2026), and $29.1 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Delta Air Lines 53.89 Bn 49.22 Bn 19.07 Bn 86.32 Bn
2 Ryanair Holdings 29.45 Bn 26.24 Bn - 21.11 Bn
3 Southwest Airlines 19.73 Bn 15.94 Bn 7.33 Bn 30.12 Bn
4 Copa Holdings 5.35 Bn 4.09 Bn 1.03 Bn 7.14 Bn
5 Alaska Air 4.49 Bn 1.83 Bn 3.76 Bn 21.25 Bn
6 Skywest 3.99 Bn 3.38 Bn 1.01 Bn 7.41 Bn
7 Allegiant Travel 1.86 Bn 807.93 Mn 902.77 Mn 6.44 Bn
8 Jetblue Airways 1.83 Bn -189.37 Mn 2.32 Bn 16.37 Bn
9 Frontier Group Holdings 1.36 Bn 408.77 Mn - 7.24 Bn
10 Republic Airways Holdings 853.83 Mn 576.23 Mn 487.40 Mn 3.26 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 30.12 Bn
Mar 31, 2026 29.36 Bn
Dec 31, 2025 29.06 Bn
Sep 30, 2025 28.31 Bn
Jun 30, 2025 28.71 Bn
Mar 31, 2025 33.21 Bn
Dec 31, 2024 33.75 Bn
Sep 30, 2024 34.85 Bn
Jun 30, 2024 35.56 Bn
Mar 31, 2024 36.02 Bn
Dec 31, 2023 36.49 Bn
Sep 30, 2023 36.98 Bn
Jun 30, 2023 36.52 Bn
Mar 31, 2023 35.55 Bn
Dec 31, 2022 35.37 Bn
Sep 30, 2022 35.95 Bn
Jun 30, 2022 38.30 Bn
Mar 31, 2022 37.26 Bn
Dec 31, 2021 36.32 Bn
Sep 30, 2021 37.11 Bn