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| Date | Value |
|---|---|
| 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 |