Growth Metrics

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

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DateValue
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