Companies: 10,795·Total market cap: $144.5T
Southwest Airlines Co.

Southwest Airlines Co.

LUVNYSEIndustrials● Active
$41.54
+$0.23(+0.56%)
Market Cap$20.3B
P/E Ratio—
52W High$55.11
52W Low$28.98
Overview

Southwest Airlines Co. (LUV) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

LUV · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$3.23B▼ -63.0% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$3.23B
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-63.0%
vs prior fiscal year
Latest Quarter
$3.33B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$3.23BCash on Hand
Total Debt$5.98BTotal Debt
Net Cash / Net Debt−$2.75BNet Debt Position
Cash vs Debt Ratio
Cash 35%Debt 65%

Southwest Airlines Co. carries a net debt position of $2.75B. Total debt ($5.98B) exceeds cash on hand ($3.23B). Southwest Airlines Co. cash vs debt ratio: 35% cash / 65% debt.

Net Cash = Cash & ST Investments − Total Debt$3.23B − $5.98B = −$2.75B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
LUV annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$3.23B-63.0%
Dec 31, 2024$8.72B-24.0%
Dec 31, 2023$11.47B-6.7%
Dec 31, 2022$12.29B-20.7%
Dec 31, 2021$15.50B+16.3%
LUV cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
The Boeing Company
The Boeing Company
BA
$29.40B17.3%#2
GE Aerospace
GE Aerospace
GE
$12.39B3.6%#3
Caterpillar Inc.
Caterpillar Inc.
CAT
$9.98B2.4%#4
RTX Corporation
RTX Corporation
RTX
$7.43B3.0%
#5
Southwest Airlines Co.
Southwest Airlines Co.YOU
LUV
$3.23B15.9%
Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Southwest Airlines Co. (LUV) cash on hand as of December 31, 2025 is $3.23B, comprising $3.23B in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Southwest Airlines Co. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Southwest Airlines Co. cash reserves or cash position.

Southwest Airlines Co. annual cash on hand history shows decreased -63.0% in 2025: decreased -63.0% in 2025. Southwest Airlines Co. cash reserves in 2025 reflect the company's capital allocation strategy.

Southwest Airlines Co. carries total debt of $5.98B against cash of $3.23B, resulting in a net debt position of -$2.75B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

LUV cash on hand · 5 questions

As of December 31, 2025, Southwest Airlines Co. (LUV) has $3.23B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $3.23B in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $3.33B. Data sourced from the annual 10-K filing via FMP.

LUV cash on handLUV cash reservesLUV cash 2025how much cash does LUV have

▸ Source: FMP /balance-sheet-statement · US GAAP · Southwest Airlines Co. · Southwest Airlines Co. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025