Property, plant and equipment at cost
Southwest Airlines Property, plant and equipment at cost increased by 0.6% to $36.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $34.25B to $36.15B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment at cost shows an upward trend with a 5.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.
Detailed definition
This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...
Peer comparison
Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.
non_current_assets_property_plant_and_equipment_grossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.44B | $27.55B | $27.57B | $27.88B | $28.81B | $29.84B | $30.98B | $31.90B | $32.76B | $33.46B | $33.82B | $34.10B | $34.52B | $34.86B | $33.95B | $34.25B | $34.82B | $35.28B | $35.95B | $36.15B |
| QoQ Change | — | +0.4% | +0.1% | +1.1% | +3.3% | +3.6% | +3.8% | +3.0% | +2.7% | +2.2% | +1.1% | +0.8% | +1.2% | +1.0% | -2.6% | +0.9% | +1.7% | +1.3% | +1.9% | +0.6% |
| YoY Change | — | — | — | — | +5.0% | +8.3% | +12.4% | +14.4% | +13.7% | +12.2% | +9.1% | +6.9% | +5.4% | +4.2% | +0.4% | +0.5% | +0.9% | +1.2% | +5.9% | +5.6% |
Property, plant and equipment at cost at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's property, plant and equipment at cost?
- Southwest Airlines (LUV) reported property, plant and equipment at cost of $36.15B in Q1 2026.
- How has Southwest Airlines's property, plant and equipment at cost changed year-over-year?
- Southwest Airlines's property, plant and equipment at cost increased by 5.6% year-over-year, from $34.25B to $36.15B.
- What is the long-term trend for Southwest Airlines's property, plant and equipment at cost?
- Over 5 years (2020 to 2025), Southwest Airlines's property, plant and equipment at cost has grown at a 5.4% compound annual growth rate (CAGR), from $27.57B to $35.95B.
- What does property, plant and equipment at cost mean?
- The total original cost of all physical assets owned by the company before subtracting depreciation.