Southwest Airlines (LUV) Short term Debt (2009 - 2026)
Southwest Airlines posted quarterly Short term Debt of $851.0 million for Q1 2026, down 67.37% year-on-year from $2.6 billion in Q1 2025, and up 162.65% on a QoQ basis from $324.0 million in Q4 2025.
Southwest Airlines (LUV) has 18 years of Short term Debt data on file, last reported at $851.0 million in Q1 2026.
- For the quarter ending Q1 2026, Short term Debt fell 67.37% year-over-year to $851.0 million; the trailing twelve-month figure through Mar 2026 stood at $851.0 million (down 67.37% YoY), and the FY2025 full-year result was $324.0 million, down 80.12% from the prior year.
- Short term Debt for Q1 2026 stood at $851.0 million, up from $324.0 million in the prior quarter.
- Across five years, Short term Debt topped out at $2.9 billion in Q2 2024 and bottomed at $22.0 million in Q2 2025.
- The 5-year median for Short term Debt is $324.0 million (2025), against an average of $821.7 million.
- The widest annual swing landed in 2024, when Short term Debt jumped 9666.67%; it then plunged 99.25% in 2025.
- A 5-year view of Short term Debt shows it stood at $42.0 million in 2022, then tumbled by 30.95% to $29.0 million in 2023, then surged by 5520.69% to $1.6 billion in 2024, then tumbled by 80.12% to $324.0 million in 2025, then jumped by 162.65% to $851.0 million in 2026.
- The last three Short term Debt figures came in at $851.0 million (Q1 2026), $324.0 million (Q4 2025), and $23.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 851.00 Mn |
| Dec 31, 2025 | 324.00 Mn |
| Sep 30, 2025 | 23.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Mar 31, 2025 | 2.61 Bn |
| Dec 31, 2024 | 1.63 Bn |
| Sep 30, 2024 | 2.93 Bn |
| Jun 30, 2024 | 2.93 Bn |
| Mar 31, 2024 | 28.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 31.00 Mn |
| Mar 31, 2023 | 32.00 Mn |
| Dec 31, 2022 | 42.00 Mn |
| Sep 30, 2022 | 381.00 Mn |
| Jun 30, 2022 | 1.66 Bn |
| Mar 31, 2022 | 415.00 Mn |
| Dec 31, 2021 | 453.00 Mn |
| Sep 30, 2021 | 225.00 Mn |
| Jun 30, 2021 | 2.17 Bn |
| Mar 31, 2021 | 225.00 Mn |
| Dec 31, 2020 | 220.00 Mn |
| Sep 30, 2020 | 720.00 Mn |
| Jun 30, 2020 | 695.00 Mn |
| Mar 31, 2020 | 2.80 Bn |
| Dec 31, 2019 | 819.00 Mn |
| Sep 30, 2019 | 637.00 Mn |
| Jun 30, 2019 | 654.00 Mn |
| Mar 31, 2019 | 571.00 Mn |
| Dec 31, 2018 | 606.00 Mn |
| Sep 30, 2018 | 346.00 Mn |
| Jun 30, 2018 | 365.00 Mn |
| Mar 31, 2018 | 365.00 Mn |
| Dec 31, 2017 | 348.00 Mn |
| Sep 30, 2017 | 316.00 Mn |
| Jun 30, 2017 | 307.00 Mn |
| Mar 31, 2017 | 285.00 Mn |
| Dec 31, 2016 | 566.00 Mn |
| Sep 30, 2016 | 972.00 Mn |
| Jun 30, 2016 | 963.00 Mn |
| Mar 31, 2016 | 953.00 Mn |
| Dec 31, 2015 | 637.00 Mn |
| Sep 30, 2015 | 287.00 Mn |
| Jun 30, 2015 | 276.00 Mn |
| Mar 31, 2015 | 271.00 Mn |
| Dec 31, 2014 | 258.00 Mn |
| Sep 30, 2014 | 607.00 Mn |
| Jun 30, 2014 | 605.00 Mn |
| Mar 31, 2014 | 642.00 Mn |
| Dec 31, 2013 | 629.00 Mn |
| Sep 30, 2013 | 259.00 Mn |
| Jun 30, 2013 | 263.00 Mn |
| Mar 31, 2013 | 280.00 Mn |
| Dec 31, 2012 | 271.00 Mn |
| Sep 30, 2012 | 265.00 Mn |
| Jun 30, 2012 | 257.00 Mn |
| Mar 31, 2012 | 41.00 Mn |
| Dec 31, 2011 | 85.00 Mn |
| Sep 30, 2011 | 116.00 Mn |
| Jun 30, 2011 | 5.00 |
| Mar 31, 2011 | 905.00 Mn |
| Dec 31, 2010 | 79.00 Mn |
| Sep 30, 2010 | 113.00 Mn |
| Jun 30, 2010 | 123.00 Mn |
| Mar 31, 2010 | 170.00 Mn |
| Dec 31, 2009 | 190.00 Mn |
| Sep 30, 2009 | 198.00 Mn |
| Jun 30, 2009 | 105.00 Mn |
| Mar 31, 2009 | 163.00 Mn |