Southwest Airlines (LUV) Total Non-Current Liabilities (2009 - 2026)
Southwest Airlines posted quarterly Total Non-Current Liabilities of $21.3 billion for Q1 2026, down 7.16% year-on-year from $22.9 billion in Q1 2025, and up 7.63% on a QoQ basis from $19.8 billion in Q4 2025.
Southwest Airlines (LUV) has 18 years of Total Non-Current Liabilities data on file, last reported at $21.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Non-Current Liabilities fell 7.16% year-over-year to $21.3 billion; the trailing twelve-month figure through Mar 2026 stood at $21.3 billion (down 7.16% YoY), and the FY2025 full-year result was $19.8 billion, down 12.08% from the prior year.
- Total Non-Current Liabilities for Q1 2026 stood at $21.3 billion, up from $19.8 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.
- The 5-year median for Total Non-Current Liabilities is $24.2 billion (2022), against an average of $23.5 billion.
- The widest annual swing landed in 2023, when Total Non-Current Liabilities grew 6.53%; it then retreated 18.61% in 2025.
- A 5-year view of Total Non-Current Liabilities shows it stood at $24.2 billion in 2022, then advanced by 6.53% to $25.7 billion in 2023, then slipped by 12.65% to $22.5 billion in 2024, then retreated by 12.08% to $19.8 billion in 2025, then climbed by 7.63% to $21.3 billion in 2026.
- The last three Total Non-Current Liabilities figures came in at $21.3 billion (Q1 2026), $19.8 billion (Q4 2025), and $19.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 31.36 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 21.28 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 4.61 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 3.36 Bn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 9.51 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 4.41 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 2.45 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 14.49 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 3.26 Bn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 6.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 25.75 Bn |
| Sep 30, 2023 | 25.05 Bn |
| Jun 30, 2023 | 25.41 Bn |
| Mar 31, 2023 | 24.85 Bn |
| Dec 31, 2022 | 24.17 Bn |
| Sep 30, 2022 | 23.97 Bn |
| Jun 30, 2022 | 26.06 Bn |
| Mar 31, 2022 | 25.57 Bn |
| Dec 31, 2021 | 25.21 Bn |
| Sep 30, 2021 | 25.76 Bn |
| Jun 30, 2021 | 27.40 Bn |
| Mar 31, 2021 | 25.28 Bn |
| Dec 31, 2020 | 25.58 Bn |
| Sep 30, 2020 | 24.60 Bn |
| Jun 30, 2020 | 24.00 Bn |
| Mar 31, 2020 | 17.12 Bn |
| Dec 31, 2019 | 15.95 Bn |
| Sep 30, 2019 | 15.89 Bn |
| Jun 30, 2019 | 15.80 Bn |
| Mar 31, 2019 | 16.06 Bn |
| Dec 31, 2018 | 15.74 Bn |
| Sep 30, 2018 | 15.98 Bn |
| Jun 30, 2018 | 15.78 Bn |
| Mar 31, 2018 | 15.18 Bn |
| Dec 31, 2017 | 14.76 Bn |
| Sep 30, 2017 | 14.74 Bn |
| Jun 30, 2017 | 14.68 Bn |
| Mar 31, 2017 | 14.86 Bn |
| Dec 31, 2016 | 14.77 Bn |
| Sep 30, 2016 | 14.34 Bn |
| Jun 30, 2016 | 13.95 Bn |
| Mar 31, 2016 | 14.04 Bn |
| Dec 31, 2015 | 13.79 Bn |
| Sep 30, 2015 | 13.26 Bn |
| Jun 30, 2015 | 13.21 Bn |
| Mar 31, 2015 | 13.17 Bn |
| Dec 31, 2014 | 11.69 Bn |
| Sep 30, 2014 | 12.45 Bn |
| Jun 30, 2014 | 12.67 Bn |
| Mar 31, 2014 | 12.06 Bn |
| Dec 31, 2013 | 11.24 Bn |
| Sep 30, 2013 | 11.15 Bn |
| Jun 30, 2013 | 11.39 Bn |
| Mar 31, 2013 | 11.08 Bn |
| Dec 31, 2012 | 10.75 Bn |
| Sep 30, 2012 | 11.54 Bn |
| Jun 30, 2012 | 10.73 Bn |
| Mar 31, 2012 | 10.81 Bn |
| Dec 31, 2011 | 10.28 Bn |
| Sep 30, 2011 | 11.07 Bn |
| Jun 30, 2011 | 10,905.00 |
| Mar 31, 2011 | 9.37 Bn |
| Dec 31, 2010 | 8.76 Bn |
| Sep 30, 2010 | 8.77 Bn |
| Jun 30, 2010 | 8.95 Bn |
| Mar 31, 2010 | 8.57 Bn |
| Dec 31, 2009 | 8.32 Bn |
| Sep 30, 2009 | 8.47 Bn |
| Jun 30, 2009 | 8.40 Bn |
| Mar 31, 2009 | 8.58 Bn |