Southwest Airlines (LUV) Non-Current Assets (2009 - 2026)
Southwest Airlines posted quarterly Non-Current Assets of $23.4 billion for Q1 2026, up 4.04% year-on-year from $22.5 billion in Q1 2025, and little changed on a QoQ basis from $23.4 billion in Q4 2025.
Southwest Airlines (LUV) has 18 years of Non-Current Assets data on file, last reported at $23.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Assets rose 4.04% year-over-year to $23.4 billion; the trailing twelve-month figure through Mar 2026 stood at $92.3 billion (up 1.83% YoY), and the FY2025 full-year result was $23.4 billion, up 4.18% from the prior year.
- Non-Current Assets for Q1 2026 stood at $23.4 billion, roughly flat from $23.4 billion in the prior quarter.
- Across five years, Non-Current Assets topped out at $23.4 billion in Q4 2025 and bottomed at $18.4 billion in Q1 2022.
- The 5-year median for Non-Current Assets is $22.5 billion (2025), against an average of $21.8 billion.
- The widest annual swing landed in 2022, when Non-Current Assets decreased 4.91%; it then rose 15.61% in 2023.
- A 5-year view of Non-Current Assets shows it stood at $20.6 billion in 2022, then gained by 9.59% to $22.5 billion in 2023, then dropped by 0.25% to $22.5 billion in 2024, then rose by 4.18% to $23.4 billion in 2025, then decreased by 0.13% to $23.4 billion in 2026.
- The last three Non-Current Assets figures came in at $23.4 billion (Q1 2026), $23.4 billion (Q4 2025), and $22.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 70.77 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 23.39 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 5.15 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 4.26 Bn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 17.28 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 6.33 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 4.80 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 13.24 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 3.35 Bn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 5.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 19.02 Bn |
| Mar 31, 2021 | 19.39 Bn |
| Dec 31, 2020 | 19.42 Bn |
| Sep 30, 2020 | 19.47 Bn |
| Jun 30, 2020 | 19.72 Bn |
| Mar 31, 2020 | 19.86 Bn |
| Dec 31, 2019 | 19.92 Bn |
| Sep 30, 2019 | 20.82 Bn |
| Jun 30, 2019 | 20.82 Bn |
| Mar 31, 2019 | 20.98 Bn |
| Dec 31, 2018 | 21.22 Bn |
| Sep 30, 2018 | 21.28 Bn |
| Jun 30, 2018 | 21.06 Bn |
| Mar 31, 2018 | 20.70 Bn |
| Dec 31, 2017 | 20.30 Bn |
| Sep 30, 2017 | 19.97 Bn |
| Jun 30, 2017 | 19.58 Bn |
| Mar 31, 2017 | 19.11 Bn |
| Dec 31, 2016 | 18.79 Bn |
| Sep 30, 2016 | 18.21 Bn |
| Jun 30, 2016 | 17.98 Bn |
| Mar 31, 2016 | 17.67 Bn |
| Dec 31, 2015 | 17.29 Bn |
| Sep 30, 2015 | 16.59 Bn |
| Jun 30, 2015 | 16.48 Bn |
| Mar 31, 2015 | 16.20 Bn |
| Dec 31, 2014 | 15.80 Bn |
| Sep 30, 2014 | 15.55 Bn |
| Jun 30, 2014 | 15.57 Bn |
| Mar 31, 2014 | 15.16 Bn |
| Dec 31, 2013 | 14.89 Bn |
| Sep 30, 2013 | 14.59 Bn |
| Jun 30, 2013 | 14.52 Bn |
| Mar 31, 2013 | 14.68 Bn |
| Dec 31, 2012 | 14.37 Bn |
| Sep 30, 2012 | 14.16 Bn |
| Jun 30, 2012 | 13.83 Bn |
| Mar 31, 2012 | 13.71 Bn |
| Dec 31, 2011 | 13.72 Bn |
| Sep 30, 2011 | 13.29 Bn |
| Jun 30, 2011 | 13,524.00 |
| Mar 31, 2011 | 11.09 Bn |
| Dec 31, 2010 | 11.18 Bn |
| Sep 30, 2010 | 11.10 Bn |
| Jun 30, 2010 | 11.02 Bn |
| Mar 31, 2010 | 10.91 Bn |
| Dec 31, 2009 | 10.91 Bn |
| Sep 30, 2009 | 10.97 Bn |
| Jun 30, 2009 | 10.93 Bn |
| Mar 31, 2009 | 11.18 Bn |