Southwest Airlines (LUV) Treasury Shares (2009 - 2026)
Southwest Airlines (LUV) reported Treasury Shares of $14.8 billion for Q1 2026, up 25.52% on a YoY basis from $11.8 billion in Q1 2025, and up 8.86% quarter-over-quarter from $13.6 billion in Q4 2025.
Southwest Airlines (LUV) Treasury Shares (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Treasury Shares for 18 years, with the latest figure at $14.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Treasury Shares rose 25.52% year-over-year to $14.8 billion; the trailing twelve-month figure through Mar 2026 stood at $14.8 billion (up 25.52% YoY), and the FY2025 full-year result was $13.6 billion, up 23.08% from the prior year.
- Treasury Shares for Q1 2026 stood at $14.8 billion, up from $13.6 billion in the prior quarter.
- The five-year high for Treasury Shares was $372.5 million in Q4 2025, with the low at -$28.0 million in Q1 2026.
- Historically, Treasury Shares has averaged $60.6 million across 5 years, with a median of $4.9 million in 2023.
- Annual changes were most pronounced in 2024 — Treasury Shares fell 0.27% — and 2026, when it gained 25.52%.
- Southwest Airlines' Treasury Shares stood at $10.8 billion in 2022, then decreased by 0.18% to $10.8 billion in 2023, then gained by 2.04% to $11.0 billion in 2024, then climbed by 23.08% to $13.6 billion in 2025, then climbed by 8.86% to $14.8 billion in 2026.
- The last three Treasury Shares figures came in at $14.8 billion (Q1 2026), $13.6 billion (Q4 2025), and $13.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 393.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 14.80 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 300.14 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 34.27 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 45.61 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -13.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 163.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 1,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.80 Bn |
| Mar 31, 2026 | 14.80 Bn |
| Mar 31, 2026 | -28.00 Mn |
| Mar 31, 2026 | -28.00 Mn |
| Dec 31, 2025 | 13.59 Bn |
| Dec 31, 2025 | 372.53 Mn |
| Dec 31, 2025 | 13.59 Bn |
| Dec 31, 2025 | 372.53 Mn |
| Sep 30, 2025 | 6.37 Mn |
| Sep 30, 2025 | 6.37 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 | 5.89 Mn |
| Dec 31, 2024 | 11.04 Bn |
| Dec 31, 2024 | 11.04 Bn |
| Dec 31, 2024 | 5.89 Mn |