SOUTHWEST AIRLINES CO financial data

Symbol
LUV on NYSE
Location
Dallas, TX
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 05 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 60% % -37%
Return On Equity 5.3% % 19%
Return On Assets 1.5% % 11%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 491,317,990 shares -17%
Entity Public Float $16,890,396,912 USD -1.1%
Common Stock, Value, Issued $888,000,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 540,000,000 shares -9.7%
Weighted Average Number of Shares Outstanding, Diluted 558,000,000 shares -13%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $28,063,000,000 USD 2.1%
Operating Income (Loss) $428,000,000 USD 33%
Nonoperating Income (Expense) $135,000,000 USD -51%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $563,000,000 USD -5.9%
Income Tax Expense (Benefit) $122,000,000 USD -8.3%
Net Income (Loss) Attributable to Parent $441,000,000 USD -5.2%
Earnings Per Share, Basic 0.82 USD/shares 5.1%
Earnings Per Share, Diluted 0.79 USD/shares 3.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $3,231,000,000 USD -57%
Accounts Receivable, after Allowance for Credit Loss, Current $98,000,000 USD 109%
Assets, Current $5,645,000,000 USD -50%
Property, Plant and Equipment, Net $20,245,000,000 USD 6.2%
Operating Lease, Right-of-Use Asset $1,089,000,000 USD -20%
Intangible Assets, Net (Excluding Goodwill) $296,000,000 USD -1.3%
Goodwill $970,000,000 USD 0%
Other Assets, Noncurrent $1,112,000,000 USD 2.9%
Assets $29,061,000,000 USD -14%
Accounts Payable, Current $1,991,000,000 USD 9.5%
Accrued Liabilities, Current $2,349,000,000 USD 6.5%
Contract with Customer, Liability, Current $5,945,000,000 USD -5.5%
Liabilities, Current $10,921,000,000 USD -11%
Long-term Debt and Lease Obligation $4,577,000,000 USD -9.7%
Contract with Customer, Liability, Noncurrent $1,219,000,000 USD -37%
Deferred Income Tax Liabilities, Net $2,289,000,000 USD 5.6%
Operating Lease, Liability, Noncurrent $768,000,000 USD -26%
Other Liabilities, Noncurrent $1,306,000,000 USD 44%
Accumulated Other Comprehensive Income (Loss), Net of Tax $24,000,000 USD 4%
Retained Earnings (Accumulated Deficit) $16,388,000,000 USD 0.34%
Stockholders' Equity Attributable to Parent $7,981,000,000 USD -23%
Liabilities and Equity $29,061,000,000 USD -14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $1,842,000,000 USD 299%
Net Cash Provided by (Used in) Financing Activities $4,691,000,000 USD -137%
Net Cash Provided by (Used in) Investing Activities $1,429,000,000 USD -448%
Common Stock, Shares Authorized 2,000,000,000 shares 0%
Common Stock, Shares, Issued 888,111,634 shares 0%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $4,278,000,000 USD -140%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $3,231,000,000 USD -57%
Interest Paid, Excluding Capitalized Interest, Operating Activities $108,000,000 USD -51%
Deferred Tax Assets, Valuation Allowance $9,000,000 USD
Deferred Tax Assets, Gross $1,879,000,000 USD -14%
Operating Lease, Liability $1,080,000,000 USD -21%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $442,000,000 USD 0.46%
Lessee, Operating Lease, Liability, to be Paid $1,244,000,000 USD -21%
Property, Plant and Equipment, Gross $35,945,000,000 USD 5.9%
Operating Lease, Liability, Current $312,000,000 USD -4.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two $248,000,000 USD -24%
Lessee, Operating Lease, Liability, to be Paid, Year One $345,000,000 USD -6.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.042 pure 2.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $164,000,000 USD -20%
Lessee, Operating Lease, Liability, to be Paid, Year Three $179,000,000 USD -25%
Deferred Tax Assets, Operating Loss Carryforwards $644,000,000 USD 83%
Lessee, Operating Lease, Liability, to be Paid, Year Four $142,000,000 USD -18%
Deferred Tax Assets, Net of Valuation Allowance $2,043,000,000 USD 8.7%