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Southwest Airlines LUV Other Non-Current Assets

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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 us-gaap:PropertyPlantAndEquipmentOther.

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
Total current assets6,4825,645
Property and equipment, at cost:
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

Item 1. Financial Statements

FAQ

What is Southwest Airlines's other non-current assets?
Southwest Airlines (LUV) reported other non-current assets of $9.49B in Q2 2026.
How has Southwest Airlines's other non-current assets changed year-over-year?
Southwest Airlines's other non-current assets increased by 9.6% year-over-year, from $8.66B to $9.49B.
What is the long-term trend for Southwest Airlines's other non-current assets?
Over 5 years (2020 to 2025), Southwest Airlines's other non-current assets has grown at a -29.2% compound annual growth rate (CAGR), from $337M to $60M.
What does other non-current assets mean?
Long-term assets not classified in specific categories — a catch-all for miscellaneous non-current assets.

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