Southwest Airlines (LUV) Non-Current Assets (2009 - 2026)
Southwest Airlines' (LUV) quarterly Non-Current Assets came in at $23.6 billion in Q2 2026, up 4.51% on a YoY basis from $22.6 billion in Q2 2025, and up 1.09% quarter-over-quarter from $23.4 billion in Q1 2026.
Analysis
Southwest Airlines (LUV) Non-Current Assets (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Non-Current Assets for 18 consecutive years, with $23.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Assets rose 4.51% year-over-year to $23.6 billion; the trailing twelve-month figure through Jun 2026 stood at $93.4 billion (up 3.17% YoY), and the FY2025 full-year result was $23.4 billion, up 4.18% from the prior year.
- Non-Current Assets improved to $23.6 billion in Q2 2026 per LUV's latest filing, from $23.4 billion in the prior quarter.
- Across five years, Non-Current Assets topped out at $23.6 billion in Q2 2026 and bottomed at $18.4 billion in Q1 2022.
- Historically, Non-Current Assets has averaged $21.9 billion across 5 years, with a median of $22.5 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Non-Current Assets slipped 4.91% in 2022, then gained 15.61% in 2023.
- Over 5 years, Non-Current Assets stood at $20.6 billion in 2022, then advanced by 9.59% to $22.5 billion in 2023, then declined by 0.25% to $22.5 billion in 2024, then gained by 4.18% to $23.4 billion in 2025, then grew by 0.96% to $23.6 billion in 2026.
- According to Business Quant data, Non-Current Assets over the past three periods registered $23.6 billion, $23.4 billion, and $23.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 72.09 Bn |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | 13.91 Bn |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 23.64 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 5.38 Bn |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | 17.31 Bn |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 6.39 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 5.31 Bn |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 5.09 Bn |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | 13.21 Bn |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | 5.94 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.64 Bn |
| Mar 31, 2026 | 23.39 Bn |
| Dec 31, 2025 | 23.42 Bn |
| Sep 30, 2025 | 22.92 Bn |
| Jun 30, 2025 | 22.62 Bn |
| Mar 31, 2025 | 22.48 Bn |
| Dec 31, 2024 | 22.48 Bn |
| Sep 30, 2024 | 22.92 Bn |
| Jun 30, 2024 | 22.81 Bn |
| Mar 31, 2024 | 22.74 Bn |
| Dec 31, 2023 | 22.53 Bn |
| Sep 30, 2023 | 22.35 Bn |
| Jun 30, 2023 | 21.86 Bn |
| Mar 31, 2023 | 21.27 Bn |
| Dec 31, 2022 | 20.56 Bn |
| Sep 30, 2022 | 19.53 Bn |
| Jun 30, 2022 | 18.91 Bn |
| Mar 31, 2022 | 18.44 Bn |
| Dec 31, 2021 | 18.28 Bn |
| Sep 30, 2021 | 18.56 Bn |