Southwest Airlines (LUV) Total Non-Current Liabilities (2009 - 2026)
Southwest Airlines' (LUV) quarterly Total Non-Current Liabilities came in at $21.8 billion in Q2 2026, up 10.87% on a YoY basis from $19.7 billion in Q2 2025, and up 2.49% quarter-over-quarter from $21.3 billion in Q1 2026.
Analysis
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 $21.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Non-Current Liabilities rose 10.87% year-over-year to $21.8 billion; the trailing twelve-month figure through Jun 2026 stood at $21.8 billion (up 10.87% YoY), and the FY2025 full-year result was $19.8 billion, down 12.08% from the prior year.
- Total Non-Current Liabilities improved to $21.8 billion in Q2 2026 per LUV's latest filing, from $21.3 billion in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $26.1 billion in Q2 2022 and bottomed at $19.4 billion in Q3 2025.
- Historically, Total Non-Current Liabilities has averaged $23.2 billion across 5 years, with a median of $23.8 billion in 2022.
- The sharpest annual moves came in 2025 and 2026: Total Non-Current Liabilities decreased 18.61% in 2025, then advanced 10.87% in 2026.
- Over 5 years, Total Non-Current Liabilities stood at $23.7 billion in 2022, then climbed by 5.39% to $25.0 billion in 2023, then declined by 10.0% to $22.5 billion in 2024, then decreased by 12.08% to $19.8 billion in 2025, then climbed by 10.31% to $21.8 billion in 2026.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $21.8 billion, $21.3 billion, and $19.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | 30.90 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 151.69 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | 21.81 Bn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | 2.61 Bn |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | 10.38 Bn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 4.46 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | 4.68 Bn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 4.61 Bn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | 14.48 Bn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | 6.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.81 Bn |
| Mar 31, 2026 | 21.28 Bn |
| Dec 31, 2025 | 19.77 Bn |
| Sep 30, 2025 | 19.39 Bn |
| Jun 30, 2025 | 19.67 Bn |
| Mar 31, 2025 | 22.92 Bn |
| Dec 31, 2024 | 22.49 Bn |
| Sep 30, 2024 | 23.50 Bn |
| Jun 30, 2024 | 24.17 Bn |
| Mar 31, 2024 | 24.89 Bn |
| Dec 31, 2023 | 24.99 Bn |
| Sep 30, 2023 | 25.05 Bn |
| Jun 30, 2023 | 24.79 Bn |
| Mar 31, 2023 | 24.31 Bn |
| Dec 31, 2022 | 23.71 Bn |
| Sep 30, 2022 | 23.97 Bn |
| Jun 30, 2022 | 26.09 Bn |
| Mar 31, 2022 | 25.69 Bn |
| Dec 31, 2021 | 24.68 Bn |
| Sep 30, 2021 | 25.76 Bn |