Other
Fuel payable
Southwest Airlines Fuel payable increased by 32.5% to $208M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 147.6%, from $84M to $208M. 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_payableHistorical 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 | $112M | $114M | $170M | $208M | $260M | $252M | $188M | $113M | $111M | $153M | $161M | $144M | $119M | $55M | $86M | $84M | $85M | $65M | $157M | $208M |
| 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$55M – $260M
CAGR+13.9%
Avg YoY Growth+13.1%
Median YoY Growth-3.6%
Current Streak2 quarters growth
Fuel payable at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's fuel payable?
- Southwest Airlines (LUV) reported fuel payable of $208M 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 $84M to $208M.
- 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 $66M to $157M.
- What does fuel payable mean?
- The amount owed to fuel suppliers for aviation fuel already received.