Southwest Airlines (LUV) Other Non-Current Liabilities (2009 - 2026)
Southwest Airlines (LUV) reported Other Non-Current Liabilities of $1.2 billion for Q1 2026, up 29.69% on a YoY basis from $923.0 million in Q1 2025, and down 8.35% quarter-over-quarter from $1.3 billion in Q4 2025.
Southwest Airlines (LUV) Other Non-Current Liabilities (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Other Non-Current Liabilities for 18 years, with the latest figure at $1.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Other Non-Current Liabilities rose 29.69% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 29.69% YoY), and the FY2025 full-year result was $1.3 billion, up 43.67% from the prior year.
- Other Non-Current Liabilities for Q1 2026 stood at $1.2 billion, down from $1.3 billion in the prior quarter.
- The five-year high for Other Non-Current Liabilities was $1.3 billion in Q4 2025, with the low at $223.0 million in Q4 2023.
- Historically, Other Non-Current Liabilities has averaged $887.9 million across 5 years, with a median of $933.0 million in 2024.
- Annual changes were most pronounced in 2023 — Other Non-Current Liabilities slumped 71.96% — and 2024, when it soared 307.62%.
- Southwest Airlines' Other Non-Current Liabilities stood at $512.0 million in 2022, then tumbled by 56.45% to $223.0 million in 2023, then jumped by 307.62% to $909.0 million in 2024, then jumped by 43.67% to $1.3 billion in 2025, then fell by 8.35% to $1.2 billion in 2026.
- The last three Other Non-Current Liabilities figures came in at $1.2 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 923.00 Mn |
| Dec 31, 2024 | 909.00 Mn |
| Sep 30, 2024 | 933.00 Mn |
| Jun 30, 2024 | 926.00 Mn |
| Mar 31, 2024 | 937.00 Mn |
| Dec 31, 2023 | 223.00 Mn |
| Sep 30, 2023 | 880.00 Mn |
| Jun 30, 2023 | 316.00 Mn |
| Mar 31, 2023 | 395.00 Mn |
| Dec 31, 2022 | 512.00 Mn |
| Sep 30, 2022 | 1.06 Bn |
| Jun 30, 2022 | 1.13 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Dec 31, 2021 | 696.00 Mn |
| Sep 30, 2021 | 1.10 Bn |
| Jun 30, 2021 | 1.12 Bn |