Southwest Airlines (LUV) Total Current Liabilities (2009 - 2026)
Southwest Airlines (LUV) reported Total Current Liabilities of $12.5 billion for Q1 2026, down 10.19% on a YoY basis from $13.9 billion in Q1 2025, and up 14.31% quarter-over-quarter from $10.9 billion in Q4 2025.
Southwest Airlines (LUV) Total Current Liabilities (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Total Current Liabilities for 18 years, with the latest figure 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.
- The five-year high for Total Current Liabilities was $14.1 billion in Q2 2024, with the low at $10.1 billion in Q1 2022.
- Historically, Total Current Liabilities has averaged $11.8 billion across 5 years, with a median of $11.7 billion in 2023.
- Annual changes were most pronounced in 2022 — Total Current Liabilities rose 23.06% — and 2025, when it dropped 22.82%.
- Southwest Airlines' Total Current Liabilities stood at $10.4 billion in 2022, then rose by 18.1% to $12.3 billion in 2023, then gained by 0.16% to $12.3 billion in 2024, then fell by 11.04% to $10.9 billion in 2025, then rose 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 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 10.04 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 32.70 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 3.21 Bn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 12.48 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 1.36 Bn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 7.06 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 1.63 Bn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 2.09 Bn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 4.82 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 1.18 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 |