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Southwest Airlines Co. (LUV) Cost of goods sold

annual cost of goods sold:

$22.80B+$929.00M(+4.25%)
December 31, 2024

Summary

  • As of today (August 18, 2025), LUV annual cost of goods sold is $22.80 billion, with the most recent change of +$929.00 million (+4.25%) on December 31, 2024.
  • During the last 3 years, LUV annual cost of goods sold has risen by +$8.17 billion (+55.86%).
  • LUV annual cost of goods sold is now at all-time high.

Performance

LUV Cost of goods sold Chart

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quarterly cost of goods sold:

$5.81B+$381.00M(+7.01%)
June 30, 2025

Summary

  • As of today (August 18, 2025), LUV quarterly cost of goods sold is $5.81 billion, with the most recent change of +$381.00 million (+7.01%) on June 30, 2025.
  • Over the past year, LUV quarterly cost of goods sold has increased by +$8.00 million (+0.14%).
  • LUV quarterly cost of goods sold is now -3.04% below its all-time high of $6.00 billion, reached on December 31, 2023.

Performance

LUV quarterly cost of goods sold Chart

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TTM cost of goods sold:

$22.60B+$8.00M(+0.04%)
June 30, 2025

Summary

  • As of today (August 18, 2025), LUV TTM cost of goods sold is $22.60 billion, with the most recent change of +$8.00 million (+0.04%) on June 30, 2025.
  • Over the past year, LUV TTM cost of goods sold has dropped by -$384.00 million (-1.67%).
  • LUV TTM cost of goods sold is now -2.53% below its all-time high of $23.19 billion, reached on September 30, 2024.

Performance

LUV TTM cost of goods sold Chart

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Cost of goods sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

LUV Cost of goods sold Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year+4.3%+0.1%-1.7%
3 y3 years+55.9%+14.3%+28.0%
5 y5 years+39.1%+116.5%+54.5%

LUV Cost of goods sold Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-yearat high+55.9%-3.0%+14.8%-2.5%+28.0%
5 y5-yearat high+92.7%-3.0%+119.7%-2.5%+105.5%
alltimeall timeat high>+9999.0%-3.0%+5463.6%-2.5%>+9999.0%

LUV Cost of goods sold History

DateAnnualQuarterlyTTM
Jun 2025
-
$5.81B(+7.0%)
$22.60B(+0.0%)
Mar 2025
-
$5.43B(-3.9%)
$22.59B(-1.1%)
Dec 2024
$22.80B(+4.2%)
$5.65B(-0.9%)
$22.84B(-1.5%)
Sep 2024
-
$5.70B(-1.8%)
$23.19B(+0.9%)
Jun 2024
-
$5.81B(+2.2%)
$22.99B(+2.3%)
Mar 2024
-
$5.68B(-5.2%)
$22.48B(+2.8%)
Dec 2023
$21.88B(+10.5%)
$6.00B(+9.0%)
$21.86B(+3.4%)
Sep 2023
-
$5.50B(+3.8%)
$21.14B(+1.4%)
Jun 2023
-
$5.30B(+4.6%)
$20.84B(+1.0%)
Mar 2023
-
$5.07B(-3.8%)
$20.62B(+3.8%)
Dec 2022
$19.79B(+35.3%)
$5.27B(+1.3%)
$19.87B(+5.7%)
Sep 2022
-
$5.20B(+2.3%)
$18.80B(+6.5%)
Jun 2022
-
$5.08B(+17.8%)
$17.66B(+9.5%)
Mar 2022
-
$4.32B(+2.8%)
$16.13B(+10.2%)
Dec 2021
$14.63B(+23.6%)
$4.20B(+3.4%)
$14.63B(+11.9%)
Sep 2021
-
$4.06B(+14.1%)
$13.08B(+10.2%)
Jun 2021
-
$3.56B(+26.0%)
$11.87B(+7.9%)
Mar 2021
-
$2.82B(+6.7%)
$11.00B(-6.8%)
Dec 2020
$11.84B(-27.8%)
$2.65B(-7.1%)
$11.80B(-12.2%)
Sep 2020
-
$2.85B(+6.0%)
$13.44B(-8.1%)
Jun 2020
-
$2.69B(-25.9%)
$14.63B(-9.2%)
Mar 2020
-
$3.62B(-15.3%)
$16.12B(-1.7%)
Dec 2019
$16.40B(+2.9%)
$4.28B(+5.9%)
$16.40B(+0.9%)
Sep 2019
-
$4.04B(-3.3%)
$16.25B(-0.1%)
Jun 2019
-
$4.17B(+7.0%)
$16.27B(+0.7%)
Mar 2019
-
$3.90B(-5.5%)
$16.14B(+1.0%)
Dec 2018
$15.94B(+11.2%)
$4.13B(+1.7%)
$15.98B(+2.6%)
Sep 2018
-
$4.06B(+0.1%)
$15.57B(+3.3%)
Jun 2018
-
$4.05B(+8.5%)
$15.08B(+2.9%)
Mar 2018
-
$3.74B(+0.5%)
$14.66B(+1.8%)
Dec 2017
$14.34B(+2.0%)
$3.72B(+4.3%)
$14.39B(+2.5%)
Sep 2017
-
$3.57B(-1.8%)
$14.04B(+0.0%)
Jun 2017
-
$3.63B(+4.5%)
$14.04B(+2.8%)
Mar 2017
-
$3.48B(+3.2%)
$13.66B(+2.8%)
Dec 2016
$14.06B(+7.8%)
$3.37B(-5.5%)
$13.29B(+1.1%)
Sep 2016
-
$3.56B(+9.5%)
$13.14B(+1.3%)
Jun 2016
-
$3.25B(+4.6%)
$12.97B(-2.1%)
Mar 2016
-
$3.11B(-3.4%)
$13.24B(-0.6%)
Dec 2015
$13.04B(-7.4%)
$3.22B(-5.0%)
$13.32B(-1.4%)
Sep 2015
-
$3.39B(-3.9%)
$13.51B(-1.5%)
Jun 2015
-
$3.52B(+10.6%)
$13.72B(-1.0%)
Mar 2015
-
$3.19B(-6.7%)
$13.86B(-1.6%)
Dec 2014
$14.08B(-2.0%)
$3.41B(-5.2%)
$14.08B(-0.5%)
Sep 2014
-
$3.60B(-1.7%)
$14.15B(-0.2%)
Jun 2014
-
$3.66B(+7.5%)
$14.18B(-0.4%)
Mar 2014
-
$3.41B(-2.0%)
$14.24B(-0.9%)
Dec 2013
$14.37B(+1.6%)
$3.48B(-4.3%)
$14.38B(-0.4%)
Sep 2013
-
$3.63B(-2.5%)
$14.43B(+0.2%)
Jun 2013
-
$3.72B(+5.1%)
$14.40B(+0.6%)
Mar 2013
-
$3.54B(+0.3%)
$14.32B(+0.5%)
Dec 2012
$14.14B(+10.1%)
$3.53B(-2.0%)
$14.24B(+0.9%)
Sep 2012
-
$3.60B(-1.0%)
$14.12B(+0.4%)
Jun 2012
-
$3.64B(+5.1%)
$14.06B(+1.8%)
Mar 2012
-
$3.47B(+1.7%)
$13.82B(+6.7%)
Dec 2011
$12.84B(+36.5%)
$3.41B(-3.8%)
$12.94B(+7.6%)
Sep 2011
-
$3.54B(+4.2%)
$12.03B(+9.7%)
Jun 2011
-
$3.40B(+31.1%)
$10.96B(+9.2%)
Mar 2011
-
$2.59B(+3.9%)
$10.04B(+3.6%)
Dec 2010
$9.41B(+12.3%)
$2.50B(+0.8%)
$9.69B(+3.2%)
Sep 2010
-
$2.47B(-0.2%)
$9.39B(+1.7%)
Jun 2010
-
$2.48B(+10.5%)
$9.24B(+3.6%)
Mar 2010
-
$2.24B(+2.0%)
$8.91B(+1.9%)
Dec 2009
$8.37B(+43.2%)
$2.20B(-5.3%)
$8.75B(-2.5%)
Sep 2009
-
$2.32B(+7.7%)
$8.97B(-5.0%)
Jun 2009
-
$2.15B(+3.7%)
$9.45B(-5.9%)
Mar 2009
-
$2.08B(-14.1%)
$10.03B(-2.5%)
Dec 2008
$5.85B(-29.7%)
$2.42B(-13.2%)
$10.29B(+1.8%)
Sep 2008
-
$2.79B(+1.7%)
$10.11B(+6.6%)
Jun 2008
-
$2.74B(+17.2%)
$9.49B(+7.7%)
Mar 2008
-
$2.34B(+4.5%)
$8.81B(+5.8%)
Dec 2007
$8.32B(+11.6%)
$2.24B(+3.6%)
$8.32B(+4.6%)
Sep 2007
-
$2.16B(+4.7%)
$7.96B(+2.7%)
Jun 2007
-
$2.06B(+11.3%)
$7.75B(+2.0%)
Mar 2007
-
$1.86B(-1.1%)
$7.59B(+1.8%)
Dec 2006
$7.46B
$1.88B(-3.8%)
$7.46B(+1.8%)
Sep 2006
-
$1.95B(+1.9%)
$7.33B(+7.5%)
Jun 2006
-
$1.91B(+11.2%)
$6.82B(+21.4%)
DateAnnualQuarterlyTTM
Mar 2006
-
$1.72B(-1.3%)
$5.62B(+5.2%)
Dec 2005
$6.45B(+31.2%)
$1.74B(+21.0%)
$5.34B(+25.9%)
Sep 2005
-
$1.44B(+102.0%)
$4.24B(+24.1%)
Jun 2005
-
$713.00M(-50.6%)
$3.42B(+2.8%)
Mar 2005
-
$1.44B(+124.1%)
$3.32B(+34.2%)
Dec 2004
$4.92B(+14.4%)
$644.00M(+4.4%)
$2.48B(+2.8%)
Sep 2004
-
$617.00M(-0.5%)
$2.41B(+1.8%)
Jun 2004
-
$620.00M(+4.2%)
$2.37B(+3.4%)
Mar 2004
-
$595.00M(+3.3%)
$2.29B(+1.8%)
Dec 2003
$4.30B(+6.4%)
$576.00M(+0.3%)
$2.25B(-17.5%)
Sep 2003
-
$574.00M(+5.7%)
$2.72B(+5.7%)
Jun 2003
-
$543.00M(-2.0%)
$2.58B(+0.7%)
Mar 2003
-
$554.00M(-47.4%)
$2.56B(+2.3%)
Dec 2002
$4.04B(+4.5%)
$1.05B(+145.9%)
$2.50B(+24.2%)
Sep 2002
-
$428.18M(-18.6%)
$2.02B(+1.3%)
Jun 2002
-
$525.84M(+5.9%)
$1.99B(-0.9%)
Mar 2002
-
$496.31M(-12.2%)
$2.01B(-1.9%)
Dec 2001
$3.87B(+2.6%)
$565.31M(+40.7%)
$2.05B(+2.4%)
Sep 2001
-
$401.65M(-26.2%)
$2.00B(-21.9%)
Jun 2001
-
$544.27M(+1.9%)
$2.56B(-13.2%)
Mar 2001
-
$534.36M(+3.2%)
$2.95B(-10.8%)
Dec 2000
$3.77B(+19.2%)
$517.72M(-46.2%)
$3.30B(-8.8%)
Sep 2000
-
$962.82M(+3.1%)
$3.63B(+3.7%)
Jun 2000
-
$934.00M(+4.9%)
$3.50B(+5.0%)
Mar 2000
-
$890.40M(+6.2%)
$3.33B(+5.3%)
Dec 1999
$3.16B(+13.9%)
$838.61M(+0.6%)
$3.16B(+4.4%)
Sep 1999
-
$833.60M(+8.7%)
$3.03B(+4.1%)
Jun 1999
-
$767.05M(+6.1%)
$2.91B(+2.6%)
Mar 1999
-
$722.83M(+2.3%)
$2.84B(+2.2%)
Dec 1998
$2.78B(+4.9%)
$706.43M(-1.3%)
$2.78B(+5.6%)
Sep 1998
-
$715.63M(+3.4%)
$2.63B(+6.1%)
Jun 1998
-
$692.11M(+4.5%)
$2.48B(+6.9%)
Mar 1998
-
$662.60M(+18.5%)
$2.32B(+5.2%)
Dec 1997
$2.65B(+8.4%)
$559.10M(-1.1%)
$2.20B(+0.4%)
Sep 1997
-
$565.10M(+6.3%)
$2.19B(+0.8%)
Jun 1997
-
$531.80M(-3.0%)
$2.18B(+0.7%)
Mar 1997
-
$548.00M(-0.3%)
$2.16B(+2.6%)
Dec 1996
$2.44B(+18.4%)
$549.60M(+0.3%)
$2.11B(+4.0%)
Sep 1996
-
$547.80M(+5.8%)
$2.03B(+5.5%)
Jun 1996
-
$517.60M(+5.1%)
$1.92B(+4.8%)
Mar 1996
-
$492.30M(+4.9%)
$1.83B(+4.9%)
Dec 1995
$2.06B(+12.2%)
$469.40M(+6.0%)
$1.75B(+3.9%)
Sep 1995
-
$442.70M(+3.0%)
$1.68B(+3.3%)
Jun 1995
-
$429.60M(+5.8%)
$1.63B(+3.9%)
Mar 1995
-
$406.10M(+0.5%)
$1.57B(+7.4%)
Dec 1994
$1.84B(+14.0%)
$404.00M(+4.0%)
$1.46B(+0.1%)
Sep 1994
-
$388.50M(+5.4%)
$1.46B(+10.8%)
Jun 1994
-
$368.50M(+23.5%)
$1.32B(+11.3%)
Mar 1994
-
$298.40M(-25.9%)
$1.18B(+7.5%)
Dec 1993
$1.61B(+29.9%)
$402.60M(+63.8%)
$1.10B(+21.6%)
Sep 1993
-
$245.80M(+4.8%)
$903.60M(+4.3%)
Jun 1993
-
$234.50M(+8.7%)
$866.60M(+4.4%)
Mar 1993
-
$215.80M(+4.0%)
$830.20M(+4.7%)
Dec 1992
$1.24B(+20.3%)
$207.50M(-0.6%)
$793.10M(+4.0%)
Sep 1992
-
$208.80M(+5.4%)
$762.30M(+4.9%)
Jun 1992
-
$198.10M(+10.9%)
$726.40M(+4.7%)
Mar 1992
-
$178.70M(+1.1%)
$693.50M(+2.7%)
Dec 1991
$1.03B(+11.9%)
$176.70M(+2.2%)
$675.30M(-0.4%)
Sep 1991
-
$172.90M(+4.7%)
$678.20M(+3.9%)
Jun 1991
-
$165.20M(+2.9%)
$653.00M(+4.8%)
Mar 1991
-
$160.50M(-10.6%)
$623.10M(+4.5%)
Dec 1990
$921.01M(+22.4%)
$179.60M(+21.6%)
$596.00M(+8.9%)
Sep 1990
-
$147.70M(+9.2%)
$547.30M(+5.0%)
Jun 1990
-
$135.30M(+1.4%)
$521.40M(+1.9%)
Mar 1990
-
$133.40M(+1.9%)
$511.60M(+6.0%)
Dec 1989
$752.73M(+21.0%)
$130.90M(+7.5%)
$482.70M(+37.2%)
Sep 1989
-
$121.80M(-2.9%)
$351.80M(+53.0%)
Jun 1989
-
$125.50M(+20.1%)
$230.00M(+120.1%)
Mar 1989
-
$104.50M
$104.50M
Dec 1988
$621.88M(+4.3%)
-
-
Dec 1987
$596.05M(+11.6%)
-
-
Dec 1986
$534.08M(+10.4%)
-
-
Dec 1985
$483.82M(+26.9%)
-
-
Dec 1984
$381.29M(+23.0%)
-
-
Dec 1983
$310.05M(+27.5%)
-
-
Dec 1982
$243.13M(+30.3%)
-
-
Dec 1981
$186.56M(+38.6%)
-
-
Dec 1980
$134.64M
-
-

FAQ

  • What is Southwest Airlines Co. annual cost of goods sold?
  • What is the all time high annual cost of goods sold for Southwest Airlines Co.?
  • What is Southwest Airlines Co. annual cost of goods sold year-on-year change?
  • What is Southwest Airlines Co. quarterly cost of goods sold?
  • What is the all time high quarterly cost of goods sold for Southwest Airlines Co.?
  • What is Southwest Airlines Co. quarterly cost of goods sold year-on-year change?
  • What is Southwest Airlines Co. TTM cost of goods sold?
  • What is the all time high TTM cost of goods sold for Southwest Airlines Co.?
  • What is Southwest Airlines Co. TTM cost of goods sold year-on-year change?

What is Southwest Airlines Co. annual cost of goods sold?

The current annual cost of goods sold of LUV is $22.80B

What is the all time high annual cost of goods sold for Southwest Airlines Co.?

Southwest Airlines Co. all-time high annual cost of goods sold is $22.80B

What is Southwest Airlines Co. annual cost of goods sold year-on-year change?

Over the past year, LUV annual cost of goods sold has changed by +$929.00M (+4.25%)

What is Southwest Airlines Co. quarterly cost of goods sold?

The current quarterly cost of goods sold of LUV is $5.81B

What is the all time high quarterly cost of goods sold for Southwest Airlines Co.?

Southwest Airlines Co. all-time high quarterly cost of goods sold is $6.00B

What is Southwest Airlines Co. quarterly cost of goods sold year-on-year change?

Over the past year, LUV quarterly cost of goods sold has changed by +$8.00M (+0.14%)

What is Southwest Airlines Co. TTM cost of goods sold?

The current TTM cost of goods sold of LUV is $22.60B

What is the all time high TTM cost of goods sold for Southwest Airlines Co.?

Southwest Airlines Co. all-time high TTM cost of goods sold is $23.19B

What is Southwest Airlines Co. TTM cost of goods sold year-on-year change?

Over the past year, LUV TTM cost of goods sold has changed by -$384.00M (-1.67%)
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