Company / Total Debt
Southwest Airlines Total Debt History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$4.9B
FY2025
5-year range
$4.9B / $8.1B
FY2022-FY2025
Trend
-26.4%
vs FY2024
Sector context
#41 of 255
Industrials
What the data says
Southwest Airlines's total debt of $4.9B is higher than 84% of companies in the Industrials sector (FY2025). Total Debt has declined for 3 consecutive years, from $8.1B in FY2022 to $4.9B in FY2025.
Based on SEC 10-K filings.
$4.9B in FY2025 with a 3-year CAGR of -15.2%. Top quartile in the Industrials sector.
Improved from $8.0B to $4.9B over the past 2 years.
Industrials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -15.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 16% in IndustrialsTop 84% of 255This company $4.9B Sector average $3.3B
▼
+51.0% above sector average
Key checks
Key Insights
- Southwest Airlines's total debt has declined for 3 consecutive years.
- 3-year CAGR of -15.2%, indicating a declining trend.
- In FY2025, total debt decreased 26.4% year-over-year.
- Ranks #41 out of 255 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.9B | -26.4% |
| FY2024 | $6.7B | -16.4% |
| FY2023 | $8.0B | -1.0% |
| FY2022 | $8.1B | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026