Southwest Airlines (LUV) Non-Current Assets (2009 - 2026)

Southwest Airlines (LUV) reported Non-Current Assets of $23.4 billion for Q1 2026, up 4.04% on a YoY basis from $22.5 billion in Q1 2025, and little changed quarter-over-quarter from $23.4 billion in Q4 2025.

Southwest Airlines (LUV) Non-Current Assets (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Non-Current Assets for 18 years, with the latest figure 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.
  • The five-year high for Non-Current Assets was $23.4 billion in Q4 2025, with the low at $18.4 billion in Q1 2022.
  • Historically, Non-Current Assets has averaged $21.8 billion across 5 years, with a median of $22.5 billion in 2025.
  • Annual changes were most pronounced in 2022 — Non-Current Assets decreased 4.91% — and 2023, when it rose 15.61%.
  • Southwest Airlines' Non-Current Assets stood at $20.6 billion in 2022, then rose by 9.59% to $22.5 billion in 2023, then slipped by 0.25% to $22.5 billion in 2024, then increased by 4.18% to $23.4 billion in 2025, then retreated 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 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 14.05 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 70.77 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 5.15 Bn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 23.39 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 4.80 Bn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 17.28 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 6.33 Bn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 4.26 Bn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 13.24 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 3.35 Bn

Historic Data

Download Data
DateValue
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