Equity

Total Equity

Southwest Airlines Total Equity decreased by 13.9% to $6.88B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.6%, from $9.37B to $6.88B. Over 5 years (FY 2020 to FY 2025), Total Equity shows a downward trend with a -2.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2012
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase generally signals growth in retained earnings or capital injections, while a decrease may indicate share buybacks, dividend payments, or net losses.

Detailed definition

This represents the residual interest in the assets of the entity after deducting all its liabilities. It reflects the n...

Peer comparison

Standard across all public companies; peers in the medical device and diagnostics sector typically maintain high equity levels to support R&D and M&A.

Metric ID: total_stockholders_equity

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$9.69B$10.25B$10.41B$10.42B$11.12B$10.92B$10.69B$10.30B$10.79B$11.05B$10.52B$10.20B$10.47B$10.41B$10.35B$9.37B$8.00B$7.78B$7.98B$6.88B
QoQ Change+5.8%+1.6%+0.0%+6.7%-1.8%-2.2%-3.6%+4.7%+2.5%-4.9%-3.0%+2.6%-0.5%-0.6%-9.5%-14.6%-2.8%+2.6%-13.9%
YoY Change+14.8%+6.6%+2.6%-1.1%-3.0%+1.2%-1.6%-1.0%-3.0%-5.8%-1.6%-8.2%-23.6%-25.3%-22.9%-26.6%
Range$6.88B$11.12B
CAGR-7.0%
Avg YoY Growth-6.2%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Southwest Airlines's total equity?
Southwest Airlines (LUV) reported total equity of $6.88B in Q1 2026.
How has Southwest Airlines's total equity changed year-over-year?
Southwest Airlines's total equity decreased by 26.6% year-over-year, from $9.37B to $6.88B.
What is the long-term trend for Southwest Airlines's total equity?
Over 5 years (2020 to 2025), Southwest Airlines's total equity has grown at a -2.1% compound annual growth rate (CAGR), from $8.88B to $7.98B.
What does total equity mean?
The total value of the company that belongs to the shareholders after all debts are paid.