Skip to content

Southwest Airlines LUV Air traffic liability - passenger travel and ancillary passenger services

Air traffic liability - passenger travel and ancillary passenger services at other companies

Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
$512M+58.0%
Delta Air Lines logo
Delta Air LinesDAL
$15.75M+26.0%
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
$53M
Delta Air Lines logo
Delta Air LinesDAL
$10.02B+12.7%
Delta Air Lines logo
Delta Air LinesDAL
$13.77B+12.5%
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
$83M

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$22.31B+37.3%
Enterprise value$25.41B+40.3%
P/E26.7×-14.8×
P/S0.7×+0.2×

Profitability

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

Returns & leverage

See full
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:ContractWithCustomerLiabilityAirTrafficLiabilityServiceRevenue.

The official record: Southwest Airlines’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services?
Southwest Airlines (LUV) reported air traffic liability - passenger travel and ancillary passenger services of $4.01B in Q2 2026.
How has Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services changed year-over-year?
Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services increased by 11.3% year-over-year, from $3.6B to $4.01B.
What is the long-term trend for Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services?
Over 5 years (2020 to 2025), Southwest Airlines's air traffic liability - passenger travel and ancillary passenger services has grown at a 1.0% compound annual growth rate (CAGR), from $2.69B to $2.83B.
What does air traffic liability - passenger travel and ancillary passenger services mean?
Deferred revenue representing payments received from passengers for air travel that has not yet been provided. This is a critical liability that represents future service obligations.