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

Southwest Airlines (LUV) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $2.4 billion in Q2 2026.

• Quarterly Non-Current Deferred Tax Liability rose 10.75% year-over-year to $2.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.4 billion (up 10.75% YoY) and the FY2025 annual result came in at $2.3 billion, down 43.43% from the prior year.
• Non-Current Deferred Tax Liability advanced to $2.4 billion in Q2 2026, from $2.4 billion in the prior quarter.
• In the past five years, Non-Current Deferred Tax Liability ranged from a high of $4.2 billion in Q4 2023 to a low of $1.8 billion in Q1 2022.
• A 5-year average of $2.4 billion and a median of $2.1 billion in 2023 frame the typical range for Non-Current Deferred Tax Liability.
• Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability climbed 22.75% — and 2025, when it plunged 43.43%.
• Tracing LUV's Non-Current Deferred Tax Liability over 5 years: stood at $4.0 billion in 2022, then increased by 5.98% to $4.2 billion in 2023, then slipped by 4.12% to $4.0 billion in 2024, then sank by 43.43% to $2.3 billion in 2025, then increased by 5.77% to $2.4 billion in 2026.
• The last three Non-Current Deferred Tax Liability figures came in at $2.4 billion (Q2 2026), $2.4 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.