Southwest Airlines (LUV) Short term Debt (2009 - 2026)
Southwest Airlines' (LUV) quarterly Short term Debt came in at $2.2 billion in Q2 2026, up 9700.0% YoY from $22.0 million in Q2 2025, and up 153.35% on a QoQ basis from $851.0 million in Q1 2026.
Southwest Airlines (LUV) Short term Debt (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Short term Debt data on file, last reported at $2.2 billion in Q2 2026.
- Quarterly Short term Debt rose 9700.0% year-over-year to $2.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.2 billion (up 9700.0% YoY) and the FY2025 annual result came in at $324.0 million, down 80.12% from the prior year.
- Short term Debt improved to $2.2 billion in Q2 2026, from $851.0 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $2.9 billion in Q2 2024 to a low of $22.0 million in Q2 2025.
- A 5-year average of $895.8 million and a median of $352.5 million in 2022 frame the typical range for Short term Debt.
- Annual changes were most pronounced in 2025 — Short term Debt slumped 99.25% — and 2026, when it surged 9700.0%.
- Tracing LUV's Short term Debt over 5 years: stood at $42.0 million in 2022, then plunged by 30.95% to $29.0 million in 2023, then jumped by 5520.69% to $1.6 billion in 2024, then plunged by 80.12% to $324.0 million in 2025, then jumped by 565.43% to $2.2 billion in 2026.
- The last three Short term Debt figures came in at $2.2 billion (Q2 2026), $851.0 million (Q1 2026), and $324.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.84 Bn | 49.18 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 29.12 Bn | 25.90 Bn | - |
| 3 | Southwest Airlines | 19.60 Bn | 15.81 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.32 Bn | 4.06 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn |
| 6 | Skywest | 3.99 Bn | 3.39 Bn | 1.01 Bn |
| 7 | Allegiant Travel | 1.83 Bn | 779.71 Mn | 902.77 Mn |
| 8 | Jetblue Airways | 1.80 Bn | -220.00 Mn | 2.32 Bn |
| 9 | Frontier Group Holdings | 1.34 Bn | 380.02 Mn | - |
| 10 | Republic Airways Holdings | 854.29 Mn | 576.69 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Bn |
| 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 |