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

Southwest Airlines (LUV) has reported Non-Current Debt for 18 consecutive years, with $3.8 billion the latest figure, recorded in Q2 2026.

• Quarterly Non-Current Debt fell 7.13% year-over-year to $3.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.8 billion (down 7.13% YoY) and the FY2025 annual result came in at $4.6 billion, down 9.71% from the prior year.
• Non-Current Debt fell to $3.8 billion in Q2 2026 per LUV's latest filing, from $4.5 billion in the prior quarter.
• Over the last five years, Non-Current Debt for LUV reached as high as $10.3 billion in Q1 2022 and fell as low as $3.8 billion in Q2 2026.
• A 5-year average of $6.1 billion and a median of $4.8 billion in 2024 frame the typical range for Non-Current Debt.
• Annual changes were most pronounced in 2024 — Non-Current Debt plunged 36.46% — and 2026, when it grew 11.01%.
• Year by year, Non-Current Debt stood at $8.0 billion in 2022, then decreased by 0.85% to $8.0 billion in 2023, then tumbled by 36.46% to $5.1 billion in 2024, then fell by 9.71% to $4.6 billion in 2025, then dropped by 17.19% to $3.8 billion in 2026.
• According to Business Quant data, Non-Current Debt over the past three periods registered $3.8 billion, $4.5 billion, and $4.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.