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