Southwest Airlines (LUV) Non-Current Assets (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Non-Current Assets of $23.6 billion for Q2 2026, up 4.51% year-on-year from $22.6 billion in Q2 2025, and up 1.09% on a QoQ basis from $23.4 billion in Q1 2026.
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.
- Quarterly Non-Current Assets rose 4.51% year-over-year to $23.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $93.4 billion (up 3.17% YoY) and the FY2025 annual result came in at $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.
- Over the last five years, Non-Current Assets for LUV reached as high as $23.6 billion in Q2 2026 and fell as low as $18.4 billion in Q1 2022.
- A 5-year average of $21.9 billion and a median of $22.5 billion in 2023 frame the typical range for Non-Current Assets.
- Annual changes were most pronounced in 2022 — Non-Current Assets slipped 4.91% — and 2023, when it gained 15.61%.
- Year by year, Non-Current Assets stood at $20.6 billion in 2022, then climbed by 9.59% to $22.5 billion in 2023, then fell by 0.25% to $22.5 billion in 2024, then advanced by 4.18% to $23.4 billion in 2025, then increased 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 13.66 Bn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | 13.62 Bn |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 72.09 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 23.64 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | 4.35 Bn |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 4.80 Bn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 17.28 Bn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 6.39 Bn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | 13.24 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 915.81 Mn | 651.87 Mn | 3.35 Bn |
Historic Data
Download 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 |