Southwest Airlines Company (LUV)

Debt-to-assets ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands
Total assets US$ in thousands 29,061,000 33,750,000 36,487,000 35,369,000 36,320,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $29,061,000K
= 0.00