Southwest Airlines Co (LUV) stock
LUVNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 12/3015% below fair value
$44.94−0.29 (-0.64%)
Close on Nov 13, 2026Market cap $22.00BP/E 22.1Yield 1.60%
Southwest Airlines total assets
Total assets on the balance sheet at the end of each period.
Southwest Airlines's total assets was $30.54B at Sep 30, 2026. For fiscal 2025 it was $29.06B, down 13.9% from the year before. Over ten years it grew 3.1% a year on average. The highest annual figure on record is $36.49B in fiscal 2023.
Annual total assets
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $29.06B | -13.9% |
| FY2024 | Dec 31, 2024 | $33.75B | -7.5% |
| FY2023 | Dec 31, 2023 | $36.49B | +3.2% |
| FY2022 | Dec 31, 2022 | $35.37B | -2.6% |
| FY2021 | Dec 31, 2021 | $36.32B | +5.0% |
| FY2020 | Dec 31, 2020 | $34.59B | +33.6% |
| FY2019 | Dec 31, 2019 | $25.90B | -1.3% |
| FY2018 | Dec 31, 2018 | $26.24B | +4.5% |
| FY2017 | Dec 31, 2017 | $25.11B | +7.8% |
| FY2016 | Dec 31, 2016 | $23.29B | +9.3% |
| FY2015 | Dec 31, 2015 | $21.31B | +8.1% |
| FY2014 | Dec 31, 2014 | $19.72B | +2.0% |
| FY2013 | Dec 31, 2013 | $19.35B | +4.0% |
| FY2012 | Dec 31, 2012 | $18.60B | +2.9% |
| FY2011 | Dec 31, 2011 | $18.07B | +16.8% |
| FY2010 | Dec 31, 2010 | $15.46B | +8.4% |
| FY2009 | Dec 31, 2009 | $14.27B | +1.4% |
| FY2008 | Dec 31, 2008 | $14.07B | – |
Quarterly total assets
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $30.54B | +7.9% |
| Q2 FY2026 | Jun 30, 2026 | $30.12B | +4.9% |
| Q1 FY2026 | Mar 31, 2026 | $29.36B | -11.6% |
| Q4 FY2025 | Dec 31, 2025 | $29.06B | -13.9% |
| Q3 FY2025 | Sep 30, 2025 | $28.31B | -18.8% |
| Q2 FY2025 | Jun 30, 2025 | $28.71B | -19.3% |
| Q1 FY2025 | Mar 31, 2025 | $33.21B | -7.8% |
| Q4 FY2024 | Dec 31, 2024 | $33.75B | -7.5% |
| Q3 FY2024 | Sep 30, 2024 | $34.85B | -5.8% |
| Q2 FY2024 | Jun 30, 2024 | $35.56B | -2.6% |
| Q1 FY2024 | Mar 31, 2024 | $36.02B | +1.3% |
| Q4 FY2023 | Dec 31, 2023 | $36.49B | +3.2% |
| Q3 FY2023 | Sep 30, 2023 | $36.98B | +2.9% |
| Q2 FY2023 | Jun 30, 2023 | $36.52B | -4.7% |
| Q1 FY2023 | Mar 31, 2023 | $35.55B | -4.6% |
| Q4 FY2022 | Dec 31, 2022 | $35.37B | -2.6% |
| Q3 FY2022 | Sep 30, 2022 | $35.95B | -3.1% |
| Q2 FY2022 | Jun 30, 2022 | $38.30B | +0.3% |
| Q1 FY2022 | Mar 31, 2022 | $37.26B | +5.0% |
| Q4 FY2021 | Dec 31, 2021 | $36.32B | +5.0% |
| Q3 FY2021 | Sep 30, 2021 | $37.11B | +4.2% |
| Q2 FY2021 | Jun 30, 2021 | $38.21B | +7.3% |
| Q1 FY2021 | Mar 31, 2021 | $35.49B | +32.0% |
| Q4 FY2020 | Dec 31, 2020 | $34.59B | +33.6% |
| Q3 FY2020 | Sep 30, 2020 | $35.61B | +34.5% |
| Q2 FY2020 | Jun 30, 2020 | $35.60B | +35.0% |
| Q1 FY2020 | Mar 31, 2020 | $26.89B | +1.6% |
| Q4 FY2019 | Dec 31, 2019 | $25.90B | -1.3% |
| Q3 FY2019 | Sep 30, 2019 | $26.47B | -1.5% |
| Q2 FY2019 | Jun 30, 2019 | $26.37B | -0.3% |
| Q1 FY2019 | Mar 31, 2019 | $26.46B | +3.7% |
| Q4 FY2018 | Dec 31, 2018 | $26.24B | +4.5% |
| Q3 FY2018 | Sep 30, 2018 | $26.88B | +10.9% |
| Q2 FY2018 | Jun 30, 2018 | $26.47B | +10.6% |
| Q1 FY2018 | Mar 31, 2018 | $25.50B | +7.3% |
| Q4 FY2017 | Dec 31, 2017 | $25.11B | +7.8% |
| Q3 FY2017 | Sep 30, 2017 | $24.25B | – |
| Q2 FY2017 | Jun 30, 2017 | $23.92B | – |
| Q1 FY2017 | Mar 31, 2017 | $23.76B | – |
| Q4 FY2016 | Dec 31, 2016 | $23.29B | – |
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