LUV
Southwest Airlines Company
NYSE: LUV · INDUSTRIALS · AIRLINES
$37.92
+1.88% today
Updated 2026-04-30
Market cap
$18.19B
P/E ratio
24.81
P/S ratio
0.63x
EPS (TTM)
$1.50
Dividend yield
1.89%
52W range
$28 – $55
Volume
8.8M
Southwest Airlines Company (LUV) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $13.46B | $16.77B | $14.07B | $14.27B | $15.46B | $18.07B | $18.60B | $19.34B | $19.72B | $21.31B | $23.29B | $25.11B | $26.24B | $25.89B | $34.59B | $36.32B | $35.37B | $36.49B | $33.75B | $29.06B |
| Cash & equivalents | $1.39B | $2.21B | $1.37B | $1.11B | $1.26B | $829.00M | $1.11B | $1.35B | $1.28B | $1.58B | $1.68B | $1.50B | $1.85B | $2.55B | $11.06B | $12.48B | $9.49B | $9.29B | $7.51B | $3.23B |
| Current assets | $2.60B | $4.44B | $2.89B | $3.36B | $4.28B | $4.34B | $4.22B | $4.46B | $4.27B | $4.02B | $4.50B | $4.82B | $5.03B | $5.97B | $15.17B | $18.04B | $14.81B | $13.96B | $11.27B | $5.64B |
| Total liabilities | $7.01B | $9.83B | $9.36B | $8.80B | $9.23B | $11.19B | $11.62B | $12.01B | $13.29B | $13.95B | $14.85B | $14.68B | $16.39B | $16.06B | $25.71B | $25.91B | $24.68B | $25.97B | $23.40B | $21.08B |
| Current liabilities | $2.89B | $4.84B | $2.81B | $2.68B | $3.31B | $4.53B | $4.65B | $5.68B | $5.92B | $7.41B | $6.84B | $6.91B | $7.91B | $8.95B | $7.51B | $9.16B | $10.38B | $12.26B | $12.28B | $10.92B |
| Long-term debt | $1.57B | $2.05B | $3.50B | $3.33B | $2.88B | $3.11B | $2.88B | $2.19B | $2.43B | $2.54B | $2.82B | $3.32B | $2.77B | $1.85B | $10.11B | $10.27B | $8.05B | $7.98B | $5.07B | $4.58B |
| Shareholder equity | $6.45B | $6.94B | $4.95B | $5.47B | $6.24B | $6.88B | $6.97B | $7.34B | $6.78B | $7.36B | $8.44B | $10.43B | $9.85B | $9.83B | $8.88B | $10.41B | $10.69B | $10.52B | $10.35B | $7.98B |
| Retained earnings | $4.31B | $4.79B | $4.92B | $4.98B | $5.40B | $5.39B | $5.77B | $6.43B | $7.42B | $9.41B | $11.42B | $14.62B | $15.97B | $17.95B | $14.78B | $15.77B | $16.26B | $16.30B | $16.33B | $16.39B |
| Accounts receivable | $241.00M | $279.00M | $209.00M | $169.00M | $195.00M | $299.00M | $332.00M | $419.00M | $365.00M | $474.00M | $546.00M | $662.00M | $568.00M | $1.09B | $1.13B | $1.36B | $1.04B | $1.15B | $1.11B | $1.15B |
| Inventory | $181.00M | $259.00M | $203.00M | $221.00M | $243.00M | $401.00M | $469.00M | $467.00M | $342.00M | $311.00M | $337.00M | $420.00M | $461.00M | $529.00M | $414.00M | $537.00M | $790.00M | $807.00M | $800.00M | $775.00M |
| Goodwill | — | — | — | $0.00 | $0.00 | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M | $970.00M |