Current Liabilities

Accrued Vacation Current

Southwest Airlines Accrued Vacation Current increased by 1.9% to $697.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $670.00M to $697.00M. Over 5 years (FY 2020 to FY 2025), Accrued Vacation Current shows an upward trend with a 9.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase suggests employees are accumulating more leave than they are taking, while a decrease indicates higher utilization of vacation time.

Detailed definition

This represents the financial value of unused vacation time earned by employees that the company is obligated to pay out...

Peer comparison

Standard for all companies with paid time-off policies; balances are generally proportional to total headcount and compensation levels.

Metric ID: current_liabilities_accrued_vacation_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$448.00M$450.00M$451.00M$456.00M$463.00M$471.00M$484.00M$495.00M$507.00M$513.00M$516.00M$541.00M$578.00M$619.00M$657.00M$670.00M$673.00M$682.00M$684.00M$697.00M
QoQ Change+0.4%+0.2%+1.1%+1.5%+1.7%+2.8%+2.3%+2.4%+1.2%+0.6%+4.8%+6.8%+7.1%+6.1%+2.0%+0.4%+1.3%+0.3%+1.9%
YoY Change+3.3%+4.7%+7.3%+8.6%+9.5%+8.9%+6.6%+9.3%+14.0%+20.7%+27.3%+23.8%+16.4%+10.2%+4.1%+4.0%
Range$448.00M$697.00M
CAGR+9.8%
Avg YoY Growth+11.2%
Median YoY Growth+9.1%
Current Streak19+ quarters growth

Frequently Asked Questions

What is Southwest Airlines's accrued vacation current?
Southwest Airlines (LUV) reported accrued vacation current of $697.00M in Q1 2026.
How has Southwest Airlines's accrued vacation current changed year-over-year?
Southwest Airlines's accrued vacation current increased by 4.0% year-over-year, from $670.00M to $697.00M.
What is the long-term trend for Southwest Airlines's accrued vacation current?
Over 5 years (2020 to 2025), Southwest Airlines's accrued vacation current has grown at a 9.4% compound annual growth rate (CAGR), from $436.00M to $684.00M.
What does accrued vacation current mean?
The value of unused vacation time that employees have earned but not yet taken.