Southwest Airlines (LUV) Stock: Charts & Financials

Southwest Airlines Co. (LUV)LUVSouthwest Airlines Co.

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

72,790 employees

www.southwest.com

Industrials / Airlines, Airports & Air Services

Sector: Industrials
Industry: Airlines, Airports & Air Services
CEO: Robert E. Jordan

View full financials

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Total Current Assets	6.48B	6.48B	5.97B	5.64B	5.39B	6.09B	10.73B	11.27B	11.93B
Cash & Cash Equivalents	3.79B	3.79B	3.33B	2.83B	2.90B	3.48B	8.13B	7.51B	8.50B
Short-Term Investments	0.00	0.00	0.00	400.00M	116.00M	364.00M	118.00M	1.22B	879.00M
Cash & Short-Term Investments	3.79B	3.79B	3.33B	3.23B	3.02B	3.84B	8.25B	8.72B	9.38B
Accounts Receivable	1.22B	1.22B	1.25B	1.15B	1.12B	1.01B	1.08B	1.11B	1.18B
Inventory	917.00M	917.00M	833.00M	775.00M	792.00M	773.00M	786.00M	800.00M	770.00M
Total Assets	30.12B	30.12B	29.36B	29.06B	28.31B	28.71B	33.21B	33.75B	34.85B
Property, Plant & Equipment	20.55B	20.55B	20.38B	21.33B	20.87B	20.64B	20.46B	20.43B	20.87B
Goodwill	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M
Intangible Assets	296.00M	296.00M	296.00M	296.00M	295.00M	295.00M	299.00M	300.00M	300.00M
Long-Term Investments	393.00M	393.00M	348.00M	457.00M	433.00M	394.00M	352.00M	367.00M	354.00M
Total Current Liabilities	13.27B	13.27B	12.48B	10.92B	10.99B	10.89B	13.90B	12.28B	13.49B
Accounts Payable	631.00M	631.00M	404.00M	389.00M	503.00M	278.00M	396.00M	339.00M	389.00M
Short-Term Debt	2.16B	2.16B	851.00M	324.00M	23.00M	22.00M	2.61B	1.63B	2.93B
Total Liabilities	23.04B	23.04B	22.48B	21.08B	20.54B	20.71B	23.85B	23.40B	24.44B
Long-Term Debt	3.79B	3.79B	4.54B	4.58B	4.08B	4.08B	4.09B	5.07B	5.08B
Total Debt	6.89B	6.89B	6.40B	5.98B	5.26B	5.34B	8.00B	8.06B	9.10B
Net Debt (Cash)	3.10B	3.10B	3.07B	3.15B	2.36B	1.87B	-139.00M	549.00M	592.00M
Total Shareholders' Equity	7.08B	7.08B	6.88B	7.98B	7.78B	8.00B	9.37B	10.35B	10.41B
Common Stock	888.00M	888.00M	888.00M	888.00M	888.00M	888.00M	888.00M	888.00M	888.00M
Retained Earnings	16.67B	16.67B	16.53B	16.39B	16.16B	16.20B	16.08B	16.33B	16.18B
Current Ratio	0.49	0.49	0.48	0.52	0.49	0.56	0.77	0.92	0.88
Debt to Equity Ratio	0.97	0.97	0.93	0.75	0.68	0.67	0.85	0.78	0.87

Quarterly Report

TTM

Quarter ended Jun 2026

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Total Current Assets

6.48B

5.97B

5.64B

5.39B

6.09B

10.73B

11.27B

11.93B

Cash & Cash Equivalents

3.79B

3.33B

2.83B

2.90B

3.48B

8.13B

7.51B

8.50B

Short-Term Investments

0.00

400.00M

116.00M

364.00M

118.00M

1.22B

879.00M

Cash & Short-Term Investments

3.79B

3.33B

3.23B

3.02B

3.84B

8.25B

8.72B

9.38B

Accounts Receivable

1.22B

1.25B

1.15B

1.12B

1.01B

1.08B

1.11B

1.18B

Inventory

917.00M

833.00M

775.00M

792.00M

773.00M

786.00M

800.00M

770.00M

Total Assets

30.12B

29.36B

29.06B

28.31B

28.71B

33.21B

33.75B

34.85B

Property, Plant & Equipment

20.55B

20.38B

21.33B

20.87B

20.64B

20.46B

20.43B

20.87B

Goodwill

970.00M

Intangible Assets

296.00M

295.00M

299.00M

300.00M

Long-Term Investments

393.00M

348.00M

457.00M

433.00M

394.00M

352.00M

367.00M

354.00M

Total Current Liabilities

13.27B

12.48B

10.92B

10.99B

10.89B

13.90B

12.28B

13.49B

Accounts Payable

631.00M

404.00M

389.00M

503.00M

278.00M

396.00M

339.00M

389.00M

Short-Term Debt

2.16B

851.00M

324.00M

23.00M

22.00M

2.61B

1.63B

2.93B

Total Liabilities

23.04B

22.48B

21.08B

20.54B

20.71B

23.85B

23.40B

24.44B

Long-Term Debt

3.79B

4.54B

4.58B

4.08B

4.09B

5.07B

5.08B

Total Debt

6.89B

6.40B

5.98B

5.26B

5.34B

8.00B

8.06B

9.10B

Net Debt (Cash)

3.10B

3.07B

3.15B

2.36B

1.87B

-139.00M

549.00M

592.00M

Total Shareholders' Equity

7.08B

6.88B

7.98B

7.78B

8.00B

9.37B

10.35B

10.41B

Common Stock

888.00M

Retained Earnings

16.67B

16.53B

16.39B

16.16B

16.20B

16.08B

16.33B

16.18B

Current Ratio

0.49

0.48

0.52

0.49

0.56

0.77

0.92

0.88

Debt to Equity Ratio

0.97

0.93

0.75

0.68

0.67

0.85

0.78

0.87

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	5.64B	11.27B	13.96B	14.81B	18.04B	15.17B	5.97B	5.03B
Cash & Cash Equivalents	2.83B	7.51B	9.29B	9.49B	12.48B	11.06B	2.55B	1.85B
Short-Term Investments	400.00M	1.22B	2.19B	2.80B	3.02B	2.27B	1.52B	1.83B
Cash & Short-Term Investments	3.23B	8.72B	11.47B	12.29B	15.50B	13.33B	4.07B	3.69B
Accounts Receivable	1.15B	1.11B	1.15B	1.04B	1.36B	1.13B	1.09B	568.00M
Inventory	775.00M	800.00M	807.00M	790.00M	537.00M	414.00M	529.00M	461.00M
Total Assets	29.06B	33.75B	36.49B	35.37B	36.32B	34.59B	25.89B	26.24B
Property, Plant & Equipment	21.33B	20.43B	20.60B	18.74B	16.43B	17.72B	18.37B	19.52B
Goodwill	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M	970.00M
Intangible Assets	296.00M	300.00M	296.00M	296.00M	295.00M	295.00M	296.00M	399.00M
Long-Term Investments	457.00M	367.00M	280.00M	235.00M	0.00	0.00	0.00	0.00
Total Current Liabilities	10.92B	12.28B	12.26B	10.38B	9.16B	7.51B	8.95B	7.91B
Accounts Payable	389.00M	339.00M	265.00M	277.00M	156.00M	111.00M	304.00M	263.00M
Short-Term Debt	324.00M	1.63B	29.00M	42.00M	371.00M	137.00M	734.00M	606.00M
Total Liabilities	21.08B	23.40B	25.97B	24.68B	25.91B	25.71B	16.06B	16.39B
Long-Term Debt	4.58B	5.07B	7.98B	7.90B	9.90B	9.65B	1.30B	2.77B
Total Debt	5.98B	8.06B	9.20B	9.47B	12.28B	12.20B	4.00B	3.38B
Net Debt (Cash)	3.15B	549.00M	-88.00M	-19.00M	-199.00M	1.14B	1.45B	1.52B
Total Shareholders' Equity	7.98B	10.35B	10.52B	10.69B	10.41B	8.88B	9.83B	9.85B
Common Stock	888.00M	888.00M	888.00M	888.00M	888.00M	888.00M	808.00M	808.00M
Retained Earnings	16.39B	16.33B	16.30B	16.26B	15.77B	14.78B	17.95B	15.97B
Current Ratio	0.52	0.92	1.14	1.43	1.97	2.02	0.67	0.64
Debt to Equity Ratio	0.75	0.78	0.87	0.89	1.18	1.37	0.41	0.34

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

5.64B

11.27B

13.96B

14.81B

18.04B

15.17B

5.97B

5.03B

Cash & Cash Equivalents

2.83B

7.51B

9.29B

9.49B

12.48B

11.06B

2.55B

1.85B

Short-Term Investments

400.00M

1.22B

2.19B

2.80B

3.02B

2.27B

1.52B

1.83B

Cash & Short-Term Investments

3.23B

8.72B

11.47B

12.29B

15.50B

13.33B

4.07B

3.69B

Accounts Receivable

1.15B

1.11B

1.15B

1.04B

1.36B

1.13B

1.09B

568.00M

Inventory

775.00M

800.00M

807.00M

790.00M

537.00M

414.00M

529.00M

461.00M

Total Assets

29.06B

33.75B

36.49B

35.37B

36.32B

34.59B

25.89B

26.24B

Property, Plant & Equipment

21.33B

20.43B

20.60B

18.74B

16.43B

17.72B

18.37B

19.52B

Goodwill

970.00M

Intangible Assets

296.00M

300.00M

296.00M

295.00M

296.00M

399.00M

Long-Term Investments

457.00M

367.00M

280.00M

235.00M

0.00

Total Current Liabilities

10.92B

12.28B

12.26B

10.38B

9.16B

7.51B

8.95B

7.91B

Accounts Payable

389.00M

339.00M

265.00M

277.00M

156.00M

111.00M

304.00M

263.00M

Short-Term Debt

324.00M

1.63B

29.00M

42.00M

371.00M

137.00M

734.00M

606.00M

Total Liabilities

21.08B

23.40B

25.97B

24.68B

25.91B

25.71B

16.06B

16.39B

Long-Term Debt

4.58B

5.07B

7.98B

7.90B

9.90B

9.65B

1.30B

2.77B

Total Debt

5.98B

8.06B

9.20B

9.47B

12.28B

12.20B

4.00B

3.38B

Net Debt (Cash)

3.15B

549.00M

-88.00M

-19.00M

-199.00M

1.14B

1.45B

1.52B

Total Shareholders' Equity

7.98B

10.35B

10.52B

10.69B

10.41B

8.88B

9.83B

9.85B

Common Stock

888.00M

808.00M

Retained Earnings

16.39B

16.33B

16.30B

16.26B

15.77B

14.78B

17.95B

15.97B

Current Ratio

0.52

0.92

1.14

1.43

1.97

2.02

0.67

0.64

Debt to Equity Ratio

0.75

0.78

0.87

0.89

1.18

1.37

0.41

0.34

Balance Sheet

Quarterly Balance Sheet (USD)

Annual Balance Sheet (USD)