Growth Metrics

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

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DateValue
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