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

Southwest Airlines (LUV) has 18 years of Total Liabilities data on file, last reported at $22.5 billion in Q1 2026.

• For the quarter ending Q1 2026, Total Liabilities fell 5.73% year-over-year to $22.5 billion; the trailing twelve-month figure through Mar 2026 stood at $22.5 billion (down 5.73% YoY), and the FY2025 full-year result was $21.1 billion, down 9.91% from the prior year.
• Total Liabilities for Q1 2026 stood at $22.5 billion, up from $21.1 billion in the prior quarter.
• Across five years, Total Liabilities topped out at $27.2 billion in Q2 2022 and bottomed at $20.5 billion in Q3 2025.
• The 5-year median for Total Liabilities is $25.0 billion (2022), against an average of $24.4 billion.
• The widest annual swing landed in 2023, when Total Liabilities gained 5.23%; it then dropped 17.48% in 2025.
• A 5-year view of Total Liabilities shows it stood at $24.7 billion in 2022, then advanced by 5.23% to $26.0 billion in 2023, then dropped by 9.9% to $23.4 billion in 2024, then dropped by 9.91% to $21.1 billion in 2025, then grew by 6.64% to $22.5 billion in 2026.
• The last three Total Liabilities figures came in at $22.5 billion (Q1 2026), $21.1 billion (Q4 2025), and $20.5 billion (Q3 2025), per Business Quant data.

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