Southwest Airlines (LUV) Total Current Liabilities (2009 - 2026)
Southwest Airlines posted quarterly Total Current Liabilities of $12.5 billion for Q1 2026, down 10.19% year-on-year from $13.9 billion in Q1 2025, and up 14.31% on a QoQ basis from $10.9 billion in Q4 2025.
Southwest Airlines (LUV) has 18 years of Total Current Liabilities data on file, last reported at $12.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Current Liabilities fell 10.19% year-over-year to $12.5 billion; the trailing twelve-month figure through Mar 2026 stood at $12.5 billion (down 10.19% YoY), and the FY2025 full-year result was $10.9 billion, down 11.04% from the prior year.
- Total Current Liabilities for Q1 2026 stood at $12.5 billion, up from $10.9 billion in the prior quarter.
- Across five years, Total Current Liabilities topped out at $14.1 billion in Q2 2024 and bottomed at $10.1 billion in Q1 2022.
- The 5-year median for Total Current Liabilities is $11.7 billion (2023), against an average of $11.8 billion.
- The widest annual swing landed in 2022, when Total Current Liabilities rose 23.06%; it then dropped 22.82% in 2025.
- A 5-year view of Total Current Liabilities shows it stood at $10.4 billion in 2022, then gained by 18.1% to $12.3 billion in 2023, then advanced by 0.16% to $12.3 billion in 2024, then retreated by 11.04% to $10.9 billion in 2025, then gained by 14.31% to $12.5 billion in 2026.
- The last three Total Current Liabilities figures came in at $12.5 billion (Q1 2026), $10.9 billion (Q4 2025), and $11.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 32.70 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 12.48 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 3.21 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 2.09 Bn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 7.06 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 1.63 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 1.36 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 4.82 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.18 Bn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 2.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.48 Bn |
| Dec 31, 2025 | 10.92 Bn |
| Sep 30, 2025 | 10.99 Bn |
| Jun 30, 2025 | 10.89 Bn |
| Mar 31, 2025 | 13.90 Bn |
| Dec 31, 2024 | 12.28 Bn |
| Sep 30, 2024 | 13.49 Bn |
| Jun 30, 2024 | 14.11 Bn |
| Mar 31, 2024 | 12.23 Bn |
| Dec 31, 2023 | 12.26 Bn |
| Sep 30, 2023 | 12.11 Bn |
| Jun 30, 2023 | 11.73 Bn |
| Mar 31, 2023 | 11.33 Bn |
| Dec 31, 2022 | 10.38 Bn |
| Sep 30, 2022 | 10.42 Bn |
| Jun 30, 2022 | 11.71 Bn |
| Mar 31, 2022 | 10.07 Bn |
| Dec 31, 2021 | 9.16 Bn |
| Sep 30, 2021 | 9.14 Bn |
| Jun 30, 2021 | 12.48 Bn |
| Mar 31, 2021 | 8.18 Bn |
| Dec 31, 2020 | 7.51 Bn |
| Sep 30, 2020 | 7.80 Bn |
| Jun 30, 2020 | 9.36 Bn |
| Mar 31, 2020 | 10.24 Bn |
| Dec 31, 2019 | 8.95 Bn |
| Sep 30, 2019 | 8.63 Bn |
| Jun 30, 2019 | 8.61 Bn |
| Mar 31, 2019 | 8.72 Bn |
| Dec 31, 2018 | 7.91 Bn |
| Sep 30, 2018 | 7.84 Bn |
| Jun 30, 2018 | 7.72 Bn |
| Mar 31, 2018 | 7.16 Bn |
| Dec 31, 2017 | 6.86 Bn |
| Sep 30, 2017 | 6.97 Bn |
| Jun 30, 2017 | 7.10 Bn |
| Mar 31, 2017 | 7.46 Bn |
| Dec 31, 2016 | 6.84 Bn |
| Sep 30, 2016 | 7.82 Bn |
| Jun 30, 2016 | 7.83 Bn |
| Mar 31, 2016 | 8.25 Bn |
| Dec 31, 2015 | 7.41 Bn |
| Sep 30, 2015 | 7.08 Bn |
| Jun 30, 2015 | 6.88 Bn |
| Mar 31, 2015 | 6.90 Bn |
| Dec 31, 2014 | 5.92 Bn |
| Sep 30, 2014 | 6.45 Bn |
| Jun 30, 2014 | 7.03 Bn |
| Mar 31, 2014 | 6.44 Bn |
| Dec 31, 2013 | 5.68 Bn |
| Sep 30, 2013 | 5.55 Bn |
| Jun 30, 2013 | 5.78 Bn |
| Mar 31, 2013 | 5.41 Bn |
| Dec 31, 2012 | 4.65 Bn |
| Sep 30, 2012 | 4.97 Bn |
| Jun 30, 2012 | 5.08 Bn |
| Mar 31, 2012 | 5.05 Bn |
| Dec 31, 2011 | 4.53 Bn |
| Sep 30, 2011 | 5.32 Bn |
| Jun 30, 2011 | 5,318.00 |
| Mar 31, 2011 | 4.36 Bn |
| Dec 31, 2010 | 3.31 Bn |
| Sep 30, 2010 | 3.19 Bn |
| Jun 30, 2010 | 3.34 Bn |
| Mar 31, 2010 | 2.92 Bn |
| Dec 31, 2009 | 2.70 Bn |
| Sep 30, 2009 | 3.02 Bn |
| Jun 30, 2009 | 3.07 Bn |
| Mar 31, 2009 | 3.12 Bn |