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% YoY 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 18 years of Non-Current Assets data on file, last reported at $23.6 billion 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 grew to $23.6 billion in Q2 2026, from $23.4 billion in the prior quarter.
- In the past five years, Non-Current Assets ranged from a high of $23.6 billion in Q2 2026 to a low of $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 decreased 4.91% — and 2023, when it rose 15.61%.
- Tracing LUV's Non-Current Assets over 5 years: 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 advanced by 0.96% to $23.6 billion in 2026.
- The last three Non-Current Assets figures came in at $23.6 billion (Q2 2026), $23.4 billion (Q1 2026), and $23.4 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 54.01 Bn | 49.34 Bn | 19.07 Bn | 72.09 Bn |
| 2 | Ryanair Holdings | 29.14 Bn | 25.93 Bn | - | 13.91 Bn |
| 3 | Southwest Airlines | 19.67 Bn | 15.88 Bn | 7.33 Bn | 23.64 Bn |
| 4 | Copa Holdings | 5.37 Bn | 4.11 Bn | 1.03 Bn | 5.38 Bn |
| 5 | Alaska Air | 4.50 Bn | 1.84 Bn | 3.76 Bn | 17.31 Bn |
| 6 | Skywest | 4.02 Bn | 3.41 Bn | 1.01 Bn | 6.39 Bn |
| 7 | Allegiant Travel | 1.83 Bn | 773.09 Mn | 902.77 Mn | 5.09 Bn |
| 8 | Jetblue Airways | 1.78 Bn | -240.11 Mn | 2.32 Bn | 13.21 Bn |
| 9 | Frontier Group Holdings | 1.33 Bn | 375.42 Mn | - | 5.94 Bn |
| 10 | Republic Airways Holdings | 850.63 Mn | 573.03 Mn | 487.40 Mn | 2.72 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 |