Latest period
$29.36B
YoY change
-13.9%
5Y CAGR
-3.4%
Peak year (2023)
$36.49B
Latest annual
$29.06B
Total Assets history chart for Southwest Airlines (LUV) from 1985 to 2025
Latest: $29.06B
Total Assets growth chart for Southwest Airlines (LUV) from 1985 to 2025
Latest: -13.9%
Total Assets history table for Southwest Airlines (LUV) from 1985 to 2025
| 2025 | $29.06B | -13.9% | −$4.69B | ||
| 2024 | $33.75B | -7.5% | −$2.74B | ||
| 2023 | $36.49B | +3.2% | +$1.12B | ||
| 2022 | $35.37B | -2.6% | −$951.00M | ||
| 2021 | $36.32B | +5.0% | +$1.73B | ||
| 2020 | $34.59B | +33.6% | +$8.69B | ||
| 2019 | $25.89B | -1.3% | −$348.00M | ||
| 2018 | $26.24B | +4.5% | +$1.13B | ||
| 2017 | $25.11B | +7.8% | +$1.82B | ||
| 2016 | $23.29B | +9.3% | +$1.97B | ||
| 2015 | $21.31B | +8.1% | +$1.59B | ||
| 2014 | $19.72B | +2.0% | +$378.00M | ||
| 2013 | $19.34B | +4.0% | +$749.00M | ||
| 2012 | $18.60B | +2.9% | +$528.00M | ||
| 2011 | $18.07B | +16.8% | +$2.60B | ||
| 2010 | $15.46B | +8.4% | +$1.19B | ||
| 2009 | $14.27B | +1.4% | +$201.00M | ||
| 2008 | $14.07B | -16.1% | −$2.70B | ||
| 2007 | $16.77B | +24.6% | +$3.31B | ||
| 2006 | $13.46B | -3.9% | −$543.00M | ||
| 2005 | $14.00B | +23.5% | +$2.67B | ||
| 2004 | $11.34B | +17.0% | +$1.64B | ||
| 2003 | $9.69B | +8.3% | +$739.00M | ||
| 2002 | $8.95B | -0.5% | −$43.14M | ||
| 2001 | $9.00B | +34.9% | +$2.33B | ||
| 2000 | $6.67B | +18.0% | +$1.02B | ||
| 1999 | $5.65B | +19.9% | +$938.00M | ||
| 1998 | $4.72B | +11.1% | +$469.84M | ||
| 1997 | $4.25B | +14.0% | +$522.68M | ||
| 1996 | $3.72B | +14.4% | +$467.38M | ||
| 1995 | $3.26B | +15.3% | +$433.00M | ||
| 1994 | $2.82B | +9.6% | +$247.10M | ||
| 1993 | $2.58B | +12.3% | +$283.00M | ||
| 1992 | $2.29B | +24.8% | +$455.80M | ||
| 1991 | $1.84B | +24.9% | +$366.10M | ||
| 1990 | $1.47B | +4.0% | +$56.00M | ||
| 1989 | $1.42B | +8.2% | +$106.70M | ||
| 1988 | $1.31B | +25.5% | +$265.80M | ||
| 1987 | $1.04B | -3.3% | −$35.60M | ||
| 1986 | $1.08B | +5.5% | +$55.80M | ||
| 1985 | $1.02B | — | — |
- 2025$29.06B-13.9%
- 2024$33.75B-7.5%
- 2023$36.49B+3.2%
- 2022$35.37B-2.6%
- 2021$36.32B+5.0%
- 2020$34.59B+33.6%
- 2019$25.89B-1.3%
- 2018$26.24B+4.5%
- 2017$25.11B+7.8%
- 2016$23.29B+9.3%
- 2015$21.31B+8.1%
- 2014$19.72B+2.0%
- 2013$19.34B+4.0%
- 2012$18.60B+2.9%
- 2011$18.07B+16.8%
- 2010$15.46B+8.4%
- 2009$14.27B+1.4%
- 2008$14.07B-16.1%
- 2007$16.77B+24.6%
- 2006$13.46B-3.9%
- 2005$14.00B+23.5%
- 2004$11.34B+17.0%
- 2003$9.69B+8.3%
- 2002$8.95B-0.5%
- 2001$9.00B+34.9%
- 2000$6.67B+18.0%
- 1999$5.65B+19.9%
- 1998$4.72B+11.1%
- 1997$4.25B+14.0%
- 1996$3.72B+14.4%
- 1995$3.26B+15.3%
- 1994$2.82B+9.6%
- 1993$2.58B+12.3%
- 1992$2.29B+24.8%
- 1991$1.84B+24.9%
- 1990$1.47B+4.0%
- 1989$1.42B+8.2%
- 1988$1.31B+25.5%
- 1987$1.04B-3.3%
- 1986$1.08B+5.5%
- 1985$1.02B—
Total Assets values are taken from Southwest Airlines's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Assets at Southwest Airlines (LUV)
According to Southwest Airlines's latest reported financial statements, the company's latest reported total assets is $29.36B. Total assets sum everything the company reports owning at the end of each reporting period — cash, receivables, inventory, property, plant, equipment, intangibles, and other holdings — as filed on the balance sheet. Compare with total liabilities and total equity for the capital-structure picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Southwest Airlines (LUV) reported total assets of $29.06B – declined 13.9% year-over-year.
Southwest Airlines total assets compound annual growth for the 2020–2025 (5 years) window is -3.4%, with a net decline across the window.
Between 2023 and 2025, Southwest Airlines total assets declined 20.4%, falling from $36.49B to $29.06B.
The record annual total assets stands at $36.49B, reached in 2023; the historical low of $1.02B was recorded in 1985.
Southwest Airlines Total Assets by Year
Southwest Airlines Total Assets 2025: $29.06B
Southwest Airlines posted total assets of $29.06B in 2025, declined 13.9% below 2024.
Southwest Airlines Total Assets 2024: $33.75B
In 2024, Southwest Airlines reported total assets of $33.75B, declined 7.5% below 2023.
Southwest Airlines Total Assets 2023: $36.49B
Southwest Airlines total assets in 2023 was $36.49B, edged up 3.2% from 2022. This figure represents the highest annual value in the available history.
Southwest Airlines Total Assets 2022: $35.37B
2022's total assets for Southwest Airlines came in at $35.37B, edged down 2.6% below 2021.
Southwest Airlines Total Assets 2021: $36.32B
Southwest Airlines total assets in 2021 was $36.32B.
See more financial history for Southwest Airlines (LUV).
Sector peers by Total Assets
Industrials peers of Southwest Airlines (LUV), ranked by their latest total assets
| $171.08B | |
| $168.24B | |
| $130.17B | |
| $106.00B | |
| $98.58B | |
| $92.08B | |
| $69.70B | |
| $41.25B |
- $171.08B
- $168.24B
- $130.17B
- $106.00B
- $98.58B
- $92.08B
- $69.70B
- $41.25B
Frequently asked questions
Southwest Airlines (LUV) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation