Non-Current Assets
Operating Lease ROU Assets
Southwest Airlines Operating Lease ROU Assets decreased by 6.4% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.8%, from $1.30B to $1.02B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 12243.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase suggests expansion of leased facilities or equipment, while a decrease may indicate lease expirations or a shift toward ownership.
Detailed definition
This represents the capitalized value of the right to use leased assets, such as office space or equipment, over the lea...
Peer comparison
Standard across all public companies under ASC 842 or IFRS 16 reporting.
Metric ID:
operating_lease_rou_assetsHistorical Data
20 periods
| 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 | $1.97B | $1.61B | $0.04 | $1.56B | $1.50B | $1.45B | $0.04 | $1.38B | $1.34B | $1.29B | $0.04 | $1.18B | $1.13B | $1.10B | $0.04 | $1.30B | $1.24B | $1.17B | $1.09B | $1.02B |
| QoQ Change | — | -18.2% | -100.0% | >999% | -3.9% | -3.1% | -100.0% | >999% | -3.3% | -3.5% | -100.0% | >999% | -4.2% | -2.7% | -100.0% | >999% | -4.6% | -6.0% | -6.8% | -6.4% |
| YoY Change | — | — | — | — | -24.1% | -10.1% | +2.9% | -11.3% | -10.7% | -11.1% | +11.1% | -14.3% | -15.2% | -14.5% | +2.5% | +10.2% | +9.8% | +6.2% | >999% | -21.8% |
Range$0.04 – $1.97B
CAGR-12.9%
Avg YoY Growth>999%
Median YoY Growth-10.4%
Current Streak4 quarters decline
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's operating lease rou assets?
- Southwest Airlines (LUV) reported operating lease rou assets of $1.02B in Q1 2026.
- How has Southwest Airlines's operating lease rou assets changed year-over-year?
- Southwest Airlines's operating lease rou assets decreased by 21.8% year-over-year, from $1.30B to $1.02B.
- What is the long-term trend for Southwest Airlines's operating lease rou assets?
- Over 5 years (2020 to 2025), Southwest Airlines's operating lease rou assets has grown at a 12243.8% compound annual growth rate (CAGR), from $0.04 to $1.09B.
- What does operating lease rou assets mean?
- The balance sheet value of the company's right to use leased property and equipment.