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

Southwest Airlines (LUV) posted quarterly Total Non-Current Liabilities of $28.9 billion for Q2 2026, up 4.41% year-on-year from $27.7 billion in Q2 2025, and up 2.62% on a QoQ basis from $28.2 billion in Q1 2026.

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

Southwest Airlines (LUV) has reported Total Non-Current Liabilities for 18 consecutive years, with $28.9 billion the latest figure, recorded in Q2 2026.

  • Quarterly Total Non-Current Liabilities rose 4.41% year-over-year to $28.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $28.9 billion (up 4.41% YoY) and the FY2025 annual result came in at $27.8 billion, down 15.49% from the prior year.
  • Total Non-Current Liabilities grew to $28.9 billion in Q2 2026 per LUV's latest filing, from $28.2 billion in the prior quarter.
  • Over the last five years, Total Non-Current Liabilities for LUV reached as high as $37.2 billion in Q2 2022 and fell as low as $27.2 billion in Q3 2025.
  • A 5-year average of $33.1 billion and a median of $34.7 billion in 2022 frame the typical range for Total Non-Current Liabilities.
  • Annual changes were most pronounced in 2022 — Total Non-Current Liabilities increased 4.71% — and 2025, when it declined 20.1%.
  • Year by year, Total Non-Current Liabilities stood at $34.9 billion in 2022, then rose by 4.04% to $36.3 billion in 2023, then dropped by 9.44% to $32.8 billion in 2024, then decreased by 15.49% to $27.8 billion in 2025, then grew by 4.11% to $28.9 billion in 2026.
  • According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $28.9 billion, $28.2 billion, and $27.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn 9.26 Mn
2 Ryanair Holdings 183.33 Bn 180.79 Bn - 947.32 Mn
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn 30.90 Bn
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn 28.90 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn - 3.45 Bn
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn 2.45 Bn
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn 9.51 Bn
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn 7.22 Bn
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn 16.30 Bn
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn 3.26 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 28.90 Bn
Mar 31, 2026 28.16 Bn
Dec 31, 2025 27.76 Bn
Sep 30, 2025 27.17 Bn
Jun 30, 2025 27.67 Bn
Mar 31, 2025 32.29 Bn
Dec 31, 2024 32.84 Bn
Sep 30, 2024 33.91 Bn
Jun 30, 2024 34.64 Bn
Mar 31, 2024 35.08 Bn
Dec 31, 2023 36.26 Bn
Sep 30, 2023 36.10 Bn
Jun 30, 2023 36.20 Bn
Mar 31, 2023 35.15 Bn
Dec 31, 2022 34.86 Bn
Sep 30, 2022 34.89 Bn
Jun 30, 2022 37.18 Bn
Mar 31, 2022 35.99 Bn
Dec 31, 2021 35.62 Bn
Sep 30, 2021 36.01 Bn