Southwest Airlines (LUV) Total Debt (2009 - 2026)

Southwest Airlines (LUV) has reported Total Debt for 18 consecutive years, with $5.9 billion the latest figure, recorded in Q2 2026.

• Quarterly Total Debt rose 44.92% year-over-year to $5.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.9 billion (up 44.92% YoY) and the FY2025 annual result came in at $4.9 billion, down 26.84% from the prior year.
• Total Debt grew to $5.9 billion in Q2 2026 per LUV's latest filing, from $5.4 billion in the prior quarter.
• Over the last five years, Total Debt for LUV reached as high as $10.7 billion in Q1 2022 and fell as low as $28.0 million in Q1 2024.
• A 5-year average of $5.0 billion and a median of $5.1 billion in 2025 frame the typical range for Total Debt.
• Annual changes were most pronounced in 2023 — Total Debt slumped 99.71% — and 2025, when it surged 23807.14%.
• Year by year, Total Debt stood at $8.1 billion in 2022, then retreated by 1.0% to $8.0 billion in 2023, then dropped by 16.34% to $6.7 billion in 2024, then declined by 26.84% to $4.9 billion in 2025, then gained by 21.32% to $5.9 billion in 2026.
• According to Business Quant data, Total Debt over the past three periods registered $5.9 billion, $5.4 billion, and $4.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.