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LUVSouthwest Airlines Co.

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
5.969B5.969B5.645B5.395B6.092B10.734B11.274B11.930B12.751B
2.878B2.878B2.831B2.902B3.475B8.134B7.509B8.503B8.142B
Short-Term Investments
450.000M450.000M400.000M116.000M364.000M118.000M1.216B879.000M1.860B
Cash & Short-Term Investments
3.328B3.328B3.231B3.018B3.839B8.252B8.725B9.382B10.002B
1.254B1.254B1.149B1.118B1.013B1.078B1.110B1.177B1.346B
833.000M833.000M775.000M792.000M773.000M786.000M800.000M770.000M784.000M
29.355B29.355B29.061B28.312B28.712B33.212B33.750B34.847B35.563B
20.376B20.376B21.334B20.874B20.644B20.460B20.425B20.874B20.797B
970.000M970.000M970.000M970.000M970.000M970.000M970.000M970.000M970.000M
Intangible Assets
296.000M296.000M296.000M295.000M295.000M299.000M300.000M300.000M300.000M
Long-Term Investments
348.000M348.000M457.000M433.000M394.000M352.000M367.000M354.000M302.000M
Total Current Liabilities
12.484B12.484B10.921B10.994B10.892B13.901B12.276B13.489B14.113B
646.000M646.000M389.000M503.000M278.000M396.000M339.000M389.000M330.000M
1.151B1.151B324.000M23.000M22.000M2.608B1.630B2.930B2.931B
Total Liabilities
22.480B22.480B21.080B20.536B20.712B23.847B23.400B24.436B25.098B
4.536B4.536B4.577B4.079B4.081B4.086B5.069B5.075B5.065B
6.396B6.396B5.981B5.258B5.341B7.995B8.058B9.095B9.109B
Net Debt (Cash)
3.518B3.518B3.150B2.356B1.866B-139.000M549.000M592.000M967.000M
6.875B6.875B7.981B7.776B8.000B9.365B10.350B10.411B10.465B
Common Stock
888.000M888.000M888.000M888.000M888.000M888.000M888.000M888.000M888.000M
16.526B16.526B16.388B16.158B16.199B16.080B16.332B16.178B16.218B
0.480.480.520.490.560.770.920.880.90
0.930.930.750.680.670.850.780.870.87

Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
5.645B11.274B13.955B14.808B18.036B15.173B5.974B5.028B
2.831B7.509B9.288B9.492B12.480B11.063B2.548B1.854B
Short-Term Investments
400.000M1.216B2.186B2.800B3.024B2.271B1.524B1.835B
Cash & Short-Term Investments
3.231B8.725B11.474B12.292B15.504B13.334B4.072B3.689B
1.149B1.110B1.154B1.040B1.357B1.130B1.086B568.000M
775.000M800.000M807.000M790.000M537.000M414.000M529.000M461.000M
29.061B33.750B36.487B35.369B36.320B34.588B25.895B26.243B
21.334B20.425B20.598B18.736B16.432B17.723B18.374B19.525B
970.000M970.000M970.000M970.000M970.000M970.000M970.000M970.000M
Intangible Assets
296.000M300.000M296.000M296.000M295.000M295.000M296.000M399.000M
Long-Term Investments
457.000M367.000M280.000M235.000M0.000.000.000.00
Total Current Liabilities
10.921B12.276B12.256B10.378B9.164B7.506B8.952B7.905B
389.000M339.000M265.000M277.000M156.000M111.000M304.000M263.000M
324.000M1.630B29.000M42.000M371.000M137.000M734.000M606.000M
Total Liabilities
21.080B23.400B25.972B24.682B25.906B25.712B16.063B16.390B
4.577B5.069B7.978B7.899B9.897B9.652B1.304B2.771B
5.981B8.058B9.200B9.473B12.281B12.199B3.996B3.377B
Net Debt (Cash)
3.150B549.000M-88.000M-19.000M-199.000M1.136B1.448B1.523B
7.981B10.350B10.515B10.687B10.414B8.876B9.832B9.853B
Common Stock
888.000M888.000M888.000M888.000M888.000M888.000M808.000M808.000M
16.388B16.332B16.297B16.261B15.774B14.777B17.945B15.967B
0.520.921.141.431.972.020.670.64
0.750.780.870.891.181.370.410.34

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Southwest Airlines Co.

Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.

Dallas, TX
71,506 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Robert E. Jordan