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

Southwest Airlines has reported Liabilities and Shareholders Equity for 18 years, with the latest figure at $29.4 billion in Q1 2026.

• For the quarter ending Q1 2026, Liabilities and Shareholders Equity fell 11.61% year-over-year to $29.4 billion; the trailing twelve-month figure through Mar 2026 stood at $115.4 billion (down 15.97% YoY), and the FY2025 full-year result was $29.1 billion, down 13.89% from the prior year.
• Liabilities and Shareholders Equity for Q1 2026 stood at $29.4 billion, up from $29.1 billion in the prior quarter.
• The five-year high for Liabilities and Shareholders Equity was $38.3 billion in Q2 2022, with the low at $28.3 billion in Q3 2025.
• Historically, Liabilities and Shareholders Equity has averaged $34.2 billion across 5 years, with a median of $35.5 billion in 2023.
• Annual changes were most pronounced in 2022 — Liabilities and Shareholders Equity climbed 4.98% — and 2025, when it slipped 19.26%.
• Southwest Airlines' Liabilities and Shareholders Equity 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 rose by 1.01% to $29.4 billion in 2026.
• The last three Liabilities and Shareholders Equity figures came in at $29.4 billion (Q1 2026), $29.1 billion (Q4 2025), and $28.3 billion (Q3 2025), per Business Quant data.