Southwest Airlines LUV
NYSE LUV
$38.69 +0.02 (+0.05%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Southwest Airlines' (LUV) quarterly Total Liabilities came in at $23.0 billion in Q2 2026, up 11.24% on a YoY basis from $20.7 billion in Q2 2025, and up 2.49% quarter-over-quarter from $22.5 billion in Q1 2026.

Analysis

Southwest Airlines (LUV) Total Liabilities (2009 - 2026) Analysis & Trends

Southwest Airlines (LUV) has reported Total Liabilities for 18 consecutive years, with $23.0 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Total Liabilities rose 11.24% year-over-year to $23.0 billion; the trailing twelve-month figure through Jun 2026 stood at $23.0 billion (up 11.24% YoY), and the FY2025 full-year result was $21.1 billion, down 9.91% from the prior year.
  • Total Liabilities rose to $23.0 billion in Q2 2026 per LUV's latest filing, from $22.5 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.
  • Historically, Total Liabilities has averaged $24.3 billion across 5 years, with a median of $24.9 billion in 2022.
  • The sharpest annual moves came in 2025 and 2026: Total Liabilities declined 17.48% in 2025, then advanced 11.24% in 2026.
  • Over 5 years, Total Liabilities stood at $24.7 billion in 2022, then climbed by 5.23% to $26.0 billion in 2023, then declined by 9.9% to $23.4 billion in 2024, then declined by 9.91% to $21.1 billion in 2025, then advanced by 9.3% to $23.0 billion in 2026.
  • According to Business Quant data, Total Liabilities over the past three periods registered $23.0 billion, $22.5 billion, and $21.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Delta Air Lines 52.71 Bn 48.04 Bn 19.07 Bn 64.51 Bn
2 Ryanair Holdings 28.90 Bn 24.96 Bn - -10.09 Bn
3 Southwest Airlines 19.37 Bn 15.58 Bn 7.33 Bn 23.04 Bn
4 Copa Holdings 5.44 Bn 4.18 Bn 1.03 Bn 4.26 Bn
5 Alaska Air 4.69 Bn 2.03 Bn 3.76 Bn 17.58 Bn
6 Skywest 3.85 Bn 3.25 Bn 1.01 Bn 4.65 Bn
7 Grupo Aeromexico, S.A.B. de C.V 2.30 Bn 1.27 Bn - 8.02 Bn
8 Allegiant Travel 2.14 Bn 1.08 Bn 902.77 Mn 4.67 Bn
9 Jetblue Airways 1.75 Bn -274.49 Mn 2.32 Bn 14.78 Bn
10 Frontier Group Holdings 1.37 Bn 416.98 Mn - 7.11 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.04 Bn
Mar 31, 2026 22.48 Bn
Dec 31, 2025 21.08 Bn
Sep 30, 2025 20.54 Bn
Jun 30, 2025 20.71 Bn
Mar 31, 2025 23.85 Bn
Dec 31, 2024 23.40 Bn
Sep 30, 2024 24.44 Bn
Jun 30, 2024 25.10 Bn
Mar 31, 2024 25.82 Bn
Dec 31, 2023 25.97 Bn
Sep 30, 2023 25.93 Bn
Jun 30, 2023 25.73 Bn
Mar 31, 2023 25.24 Bn
Dec 31, 2022 24.68 Bn
Sep 30, 2022 25.02 Bn
Jun 30, 2022 27.18 Bn
Mar 31, 2022 26.85 Bn
Dec 31, 2021 25.91 Bn
Sep 30, 2021 26.86 Bn