Southwest Airlines (LUV) Treasury Shares (2009 - 2026)

Southwest Airlines (LUV) posted quarterly Treasury Shares of $14.8 billion for Q2 2026, up 11.24% year-on-year from $13.3 billion in Q2 2025, and little changed on a QoQ basis from $14.8 billion in Q1 2026.

Southwest Airlines (LUV) Treasury Shares (2009 - 2026) Analysis & Trends

Southwest Airlines (LUV) has reported Treasury Shares for 18 consecutive years, with $14.8 billion the latest figure, recorded in Q2 2026.

  • Quarterly Treasury Shares rose 11.24% year-over-year to $14.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $14.8 billion (up 11.24% YoY) and the FY2025 annual result came in at $13.6 billion, up 23.08% from the prior year.
  • Treasury Shares held at $14.8 billion in Q2 2026 per LUV's latest filing, from $14.8 billion in the prior quarter.
  • Over the last five years, Treasury Shares for LUV reached as high as $8.8 million in Q4 2025 and fell as low as $2.6 million in Q4 2021.
  • A 5-year average of $4.8 million and a median of $4.0 million in 2023 frame the typical range for Treasury Shares.
  • Annual changes were most pronounced in 2024 — Treasury Shares retreated 0.27% — and 2026, when it advanced 25.52%.
  • Year by year, Treasury Shares stood at $10.8 billion in 2022, then declined by 0.18% to $10.8 billion in 2023, then grew by 2.04% to $11.0 billion in 2024, then rose by 23.08% to $13.6 billion in 2025, then grew by 8.84% to $14.8 billion in 2026.
  • According to Business Quant data, Treasury Shares over the past three periods registered $14.8 billion, $14.8 billion, and $13.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Treasury Shares (Qtr)
1 Latam Airlines 30,567.10 Bn 30,564.43 Bn 1.28 Mn -
2 Ryanair Holdings 61.60 Bn 58.41 Bn - -
3 Delta Air Lines 56.57 Bn 51.91 Bn 19.07 Bn 8.76 Mn
4 Southwest Airlines 22.22 Bn 18.43 Bn 7.33 Bn 14.79 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.85 Bn 8.02 Bn - -13.00 Mn
6 Copa Holdings 5.69 Bn 4.35 Bn 713.71 Mn -8.71 Mn
7 Alaska Air 5.42 Bn 3.65 Bn 3.20 Bn 34.27 Mn
8 Skywest 4.28 Bn 3.68 Bn 1.01 Bn 46.45 Mn
9 Jetblue Airways 2.03 Bn 1.62 Bn 1.87 Bn 163.00 Mn
10 Allegiant Travel 1.83 Bn 922.91 Mn 651.87 Mn 682.57 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 14.79 Bn
Jun 30, 2026 14.79 Bn
Mar 31, 2026 14.80 Bn
Mar 31, 2026 14.80 Bn
Dec 31, 2025 8.79 Mn
Dec 31, 2025 13.59 Bn
Dec 31, 2025 13.59 Bn
Dec 31, 2025 8.79 Mn
Sep 30, 2025 13.55 Bn
Sep 30, 2025 13.55 Bn
Jun 30, 2025 13.30 Bn
Jun 30, 2025 13.30 Bn
Mar 31, 2025 11.79 Bn
Mar 31, 2025 11.79 Bn
Dec 31, 2024 11.04 Bn
Dec 31, 2024 5.89 Mn
Dec 31, 2024 5.89 Mn
Dec 31, 2024 11.04 Bn
Sep 30, 2024 10.80 Bn
Sep 30, 2024 10.80 Bn