Southwest Airlines (LUV) Non-Current Deferred Tax Liability (2009 - 2026)

Southwest Airlines has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $2.4 billion in Q1 2026.

• For the quarter ending Q1 2026, Non-Current Deferred Tax Liability rose 10.78% year-over-year to $2.4 billion; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 10.78% YoY), and the FY2025 full-year result was $2.3 billion, up 5.63% from the prior year.
• Non-Current Deferred Tax Liability for Q1 2026 stood at $2.4 billion, up from $2.3 billion in the prior quarter.
• The five-year high for Non-Current Deferred Tax Liability was $4.2 billion in Q4 2023, with the low at $1.8 billion in Q1 2022.
• Historically, Non-Current Deferred Tax Liability has averaged $2.3 billion across 5 years, with a median of $2.1 billion in 2025.
• Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability jumped 124.97% — and 2024, when it plunged 48.65%.
• Southwest Airlines' Non-Current Deferred Tax Liability stood at $4.0 billion in 2022, then increased by 5.98% to $4.2 billion in 2023, then tumbled by 48.65% to $2.2 billion in 2024, then grew by 5.63% to $2.3 billion in 2025, then climbed by 2.8% to $2.4 billion in 2026.
• The last three Non-Current Deferred Tax Liability figures came in at $2.4 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.