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Southwest Airlines LUV Assets constructed for others

Assets constructed for others at other companies

AWR
American States WaterAWR
$117.22M-5.6%
Franklin Covey logo
Franklin CoveyFC
$547K+35.4%
EastGroup Properties logo
EastGroup PropertiesEGP
505.50.0%
EastGroup Properties logo
EastGroup PropertiesEGP
505.50.0%
EastGroup Properties logo
EastGroup PropertiesEGP
506.3+0.5%
EastGroup Properties logo
EastGroup PropertiesEGP
506.30.0%

Other financials

Income statement

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Revenue$8.4B+16.4%
Operating income$285.0M+26.7%
Net income$233.0M+9.4%
EPS (diluted)$0.47+20.5%

Balance sheet

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Cash & equivalents$3.8B+9.1%
Total debt$6.9B+29.0%
Total equity$7.1B-11.5%
Total assets$30.1B+4.9%

Cash flow

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Operating cash flow$530.0M+32.2%
CapEx$818.0M+23.9%
Free cash flow-$288.0M-11.2%

Valuation

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Market cap$22.96B+47.2%
Enterprise value$26.06B+49.2%
P/E27.4×-12.4×
P/S0.8×+0.2×

Profitability

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Operating margin3.5%+2.3pp
Net margin2.8%+1.4pp
FCF margin-1.5%+0.5pp

Returns & leverage

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Return on equity11.1%+6.9pp
Debt / equity+0.3×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Southwest Airlines in its filing.

Tagged under the XBRL concept luv:AssetsConstructedForOthers.

The source filing: Southwest Airlines’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000092380-26-000077
Line itemJune 30, 2026December 31, 2025
Flight equipment26,19826,293
Ground property and equipment9,4859,163
Deposits on flight equipment purchase contracts616401
Assets constructed for others8888
36,38735,945
Less allowance for depreciation and amortization15,74515,700
20,64220,245
Goodwill970970

Item 1. Financial Statements

FAQ

What is Southwest Airlines's assets constructed for others?
Southwest Airlines (LUV) reported assets constructed for others of $88M in Q2 2026.
How has Southwest Airlines's assets constructed for others changed year-over-year?
Southwest Airlines's assets constructed for others decreased by 0.0% year-over-year, from $88M to $88M.
What is the long-term trend for Southwest Airlines's assets constructed for others?
Over 5 years (2020 to 2025), Southwest Airlines's assets constructed for others has grown at a -22.2% compound annual growth rate (CAGR), from $309M to $88M.
What does assets constructed for others mean?
This represents assets currently under construction that are intended to be transferred to or used by third parties. It reflects non-core business activities or specific contractual arrangements where the company acts as a developer or facilitator. It is generally a minor component of an airline's balance sheet.

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