Southwest Airlines (LUV) Payables (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Payables of $2.1 billion for Q2 2026, up 14.41% year-on-year from $1.8 billion in Q2 2025, and down 1.99% on a QoQ basis from $2.1 billion in Q1 2026.
Southwest Airlines (LUV) Payables (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Payables for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- Quarterly Payables rose 14.41% year-over-year to $2.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.1 billion (up 14.41% YoY) and the FY2025 annual result came in at $2.0 billion, up 9.52% from the prior year.
- Payables eased to $2.1 billion in Q2 2026 per LUV's latest filing, from $2.1 billion in the prior quarter.
- Over the last five years, Payables for LUV reached as high as $2.1 billion in Q1 2026 and fell as low as $1.5 billion in Q3 2024.
- A 5-year average of $1.8 billion and a median of $1.9 billion in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2022 — Payables soared 56.32% — and 2024, when it dropped 12.56%.
- Year by year, Payables stood at $2.0 billion in 2022, then declined by 7.09% to $1.9 billion in 2023, then decreased by 2.36% to $1.8 billion in 2024, then grew by 9.52% to $2.0 billion in 2025, then climbed by 4.07% to $2.1 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $2.1 billion, $2.1 billion, and $2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,776.30 Bn | 30,773.63 Bn | 1.28 Mn | 486.13 Mn |
| 2 | Ryanair Holdings | 60.99 Bn | 57.80 Bn | - | - |
| 3 | Delta Air Lines | 56.61 Bn | 51.95 Bn | 19.07 Bn | 7.84 Bn |
| 4 | Southwest Airlines | 22.26 Bn | 18.47 Bn | 7.33 Bn | 2.07 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.16 Bn | - | 255.00 Mn |
| 6 | Copa Holdings | 5.67 Bn | 4.34 Bn | 713.71 Mn | 168.35 Mn |
| 7 | Alaska Air | 5.37 Bn | 3.60 Bn | 3.20 Bn | 409.00 Mn |
| 8 | Skywest | 4.29 Bn | 3.69 Bn | 1.01 Bn | 753.22 Mn |
| 9 | Jetblue Airways | 2.03 Bn | 1.62 Bn | 1.87 Bn | 728.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 920.27 Mn | 651.87 Mn | 75.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 Bn |
| Mar 31, 2026 | 2.11 Bn |
| Dec 31, 2025 | 1.99 Bn |
| Sep 30, 2025 | 1.71 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.93 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 1.52 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.88 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 2.00 Bn |
| Sep 30, 2022 | 1.55 Bn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.23 Bn |