Southwest Airlines (LUV) Receivables (2009 - 2026)
Southwest Airlines (LUV) posted Receivables of $1.33 billion for Q2 2026, up 27.7% from $1.04 billion a year earlier and up 0.8% from the prior quarter.
Southwest Airlines (LUV) Receivables (2009 - 2026) Analysis & Trends
At the end of FY2025, Southwest Airlines' Receivables came in at $1.21 billion, down 4.9% from FY2024.
- Annual Receivables shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In prior years, Southwest Airlines' Receivables was $1.28 billion in FY2024 (-2.6%), $1.31 billion in FY2023 (+6.3%), $1.23 billion in FY2022 (-14.0%) and $1.43 billion in FY2021 (+23.1%).
- The Q2 2026 figure stands as the highest quarterly Receivables since Q2 2024.
- On a year-over-year basis, Receivables increased in two of the last eight quarters, with an average decline of 6.7%.
- The strongest year-over-year quarter for Receivables in the past five years was Q1 2022, with growth of 89.5%; the weakest was Q2 2025, with a decline of 30.5%.
- According to Business Quant data, Receivables for the three prior quarters was $1.32 billion (Q1 2026), $1.21 billion (Q4 2025) and $1.14 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 2.13 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 1.46 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 10.71 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 1.59 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 1.18 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 12.67 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 4.33 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 618.02 Mn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 2.47 Bn |
| 10 | Southwest Airlines | 19.41 Bn | 6.04 Bn | - | 1.33 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Bn |
| Mar 31, 2026 | 1.32 Bn |
| Dec 31, 2025 | 1.21 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 1.14 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.50 Bn |
| Mar 31, 2024 | 1.49 Bn |
| Dec 31, 2023 | 1.31 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.54 Bn |
| Mar 31, 2023 | 1.56 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.54 Bn |
| Jun 30, 2022 | 1.67 Bn |
| Mar 31, 2022 | 1.79 Bn |
| Dec 31, 2021 | 1.43 Bn |
| Sep 30, 2021 | 1.63 Bn |
Southwest Airlines Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables&ticker=LUV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=receivables&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();