Other

Fuel payable

Southwest Airlines Fuel payable increased by 32.5% to $208.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 147.6%, from $84.00M to $208.00M. Over 5 years (FY 2020 to FY 2025), Fuel payable shows an upward trend with a 18.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase often correlates with higher fuel consumption or extended payment terms, while a decrease reflects the clearing of fuel-related payables.

Detailed definition

This represents the outstanding financial obligations owed to fuel suppliers for aviation fuel delivered but not yet pai...

Peer comparison

Standard for all airlines; balances fluctuate significantly based on global oil prices and seasonal flight capacity.

Metric ID: other_fuel_payable

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$112.00M$114.00M$170.00M$208.00M$260.00M$252.00M$188.00M$113.00M$111.00M$153.00M$161.00M$144.00M$119.00M$55.00M$86.00M$84.00M$85.00M$65.00M$157.00M$208.00M
QoQ Change+1.8%+49.1%+22.4%+25.0%-3.1%-25.4%-39.9%-1.8%+37.8%+5.2%-10.6%-17.4%-53.8%+56.4%-2.3%+1.2%-23.5%+141.5%+32.5%
YoY Change+132.1%+121.1%+10.6%-45.7%-57.3%-39.3%-14.4%+27.4%+7.2%-64.1%-46.6%-41.7%-28.6%+18.2%+82.6%+147.6%
Range$55.00M$260.00M
CAGR+13.9%
Avg YoY Growth+13.1%
Median YoY Growth-3.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southwest Airlines's fuel payable?
Southwest Airlines (LUV) reported fuel payable of $208.00M in Q1 2026.
How has Southwest Airlines's fuel payable changed year-over-year?
Southwest Airlines's fuel payable increased by 147.6% year-over-year, from $84.00M to $208.00M.
What is the long-term trend for Southwest Airlines's fuel payable?
Over 5 years (2020 to 2025), Southwest Airlines's fuel payable has grown at a 18.9% compound annual growth rate (CAGR), from $66.00M to $157.00M.
What does fuel payable mean?
The amount owed to fuel suppliers for aviation fuel already received.