Southwest Airlines (LUV) Short-term Investments (2009 - 2025)
Southwest Airlines (LUV) reported Short-term Investments of $116 million for Q3 2025, down 86.8% from $879 million a year earlier and down 68.1% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Short-term Investments (2009 - 2025) Analysis & Trends
At the end of FY2024, Southwest Airlines posted Short-term Investments of $1.22 billion, down 44.4% from FY2023.
- Short-term Investments has declined for three consecutive years, with a five-year compound annual growth rate of -4.4% (FY2019 to FY2024).
- By year, Short-term Investments came in at $2.19 billion in FY2023 (-21.9%), $2.8 billion in FY2022 (-7.4%), $3.02 billion in FY2021 (+33.2%) and $2.27 billion in FY2020 (+49.0%).
- The Q3 2025 figure ranks as the lowest quarterly Short-term Investments since Q2 2011.
- Year over year, Short-term Investments has now declined in each of the last ten quarters, with an average decline of 57.8% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was Q4 2020 (growth of 49.0%); the low point was Q1 2025 (a decline of 94.5%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $364 million (Q2 2025), $118 million (Q1 2025) and $1.22 billion (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - |
| 10 | Southwest Airlines | 20.57 Bn | 6.60 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 116.00 Mn |
| Jun 30, 2025 | 364.00 Mn |
| Mar 31, 2025 | 118.00 Mn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 879.00 Mn |
| Jun 30, 2024 | 1.86 Bn |
| Mar 31, 2024 | 2.15 Bn |
| Dec 31, 2023 | 2.19 Bn |
| Sep 30, 2023 | 2.24 Bn |
| Jun 30, 2023 | 3.02 Bn |
| Mar 31, 2023 | 3.32 Bn |
| Dec 31, 2022 | 2.80 Bn |
| Sep 30, 2022 | 3.23 Bn |
| Jun 30, 2022 | 3.20 Bn |
| Mar 31, 2022 | 2.64 Bn |
| Dec 31, 2021 | 3.02 Bn |
| Sep 30, 2021 | 3.02 Bn |
| Jun 30, 2021 | 2.75 Bn |
| Mar 31, 2021 | 2.38 Bn |
| Dec 31, 2020 | 2.27 Bn |
API Access
Southwest Airlines Short-term Investments 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=short-term-investments&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();