GeminIQ

DAL

DELTA AIR LINES, INC.
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Company Information

Company Name
DELTA AIR LINES, INC.
CIK
CIK0000027904
Category
Large accelerated filer
Ticker: Exchange
DAL: NYSE
Fiscal Year End
December 31
Owner Organization
01 Energy & Transportation
SIC
4512
SIC Description
Air Transportation, Scheduled
Ticker
DAL

SEC filing data through

Insider Sentiment

Last purchase
2025-04-11
Last sale
2026-08-05
Shares purchased (TTM)
0
Shares sold (TTM)
1,342,479
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
569,075,531
Shares outstanding
654,000,000
Ownership
87.01%
+8.28% Y/Y

Earnings Market Reaction

Filing date
2026-10-09
Price on filing date
—
1-month reaction
Pending
3-month reaction
Pending
Drift continued4/11 (36%)
Faded / reversed7/11 (64%)
Export data

Balance Sheet

Values in millions ($)
Line item2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-31Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Passenger Air Traffic--72210,7427,157-728-1,13010,0237,094-1,135-75610,1937,044
Product And Service Other Loyalty Program-2335,0104,876-4,417938,9784,314118938,5413,908
Assets
Cash And Cash Equivalents At Carrying Value3,7874,6655,0534,3103,7913,3313,7113,0693,9694,1103,8772,741
Receivables Net Current4,3254,3074,0902,8503,6123,7553,6523,2243,5503,8123,7483,130
Short Term Investments-------081245891,127
Airline Related Inventory Net2,6372,5581,7671,6011,5431,5251,4861,4281,4671,4861,4521,314
Prepaid Expense And Other Assets Current2,7412,7062,7532,2072,2842,3712,3872,1232,0682,0561,9131,957
Operating Lease Right Of Use Asset6,1206,1626,3006,2446,1986,3356,5426,6446,6866,8086,7857,004
Goodwill9,7539,7539,7539,7539,7539,7539,7539,7539,7539,7539,7539,753
Intangible Assets Net Excluding Goodwill5,9605,9625,9645,9665,9685,9705,9725,9755,9775,9795,9815,983
Assets86,04886,32184,43181,31779,62378,39577,34275,37275,36875,19774,96973,644
Liabilities And Stockholders Equity
Long Term Debt And Capital Lease Obligations Current3,3243,4423,0881,6052,1062,2202,9382,1753,3242,9502,8092,983
Operating Lease Liability Current912869837809743745752763772775742759
Accounts Payable Current6,5956,7385,9695,2265,0225,0634,8094,6504,5454,8764,5414,446
Employee Related Liabilities Current4,5503,9353,6344,9064,4343,8223,3334,7624,1053,6553,0374,561
Liabilities Current
Liabilities Current33,57533,60432,69927,62428,24928,55429,69926,67028,11828,75928,47826,418
Assets Current
Assets Current13,49014,23613,66310,96811,23010,98211,2369,84411,06211,58811,57910,269
Short Term Non Bank Loans And Notes Payable1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,100
Other Accrued Liabilities Current2,0832,2572,3191,9452,0252,2132,3191,8121,8481,9282,0381,617
Other Assets Noncurrent4,6954,6234,4734,4213,2192,8732,8492,7151,7561,7081,7091,692
Long Term Debt And Capital Lease Obligations9,52710,51011,07612,50712,77312,83612,88614,01914,37315,03316,55517,071
Assets Noncurrent
Assets Noncurrent72,55872,08570,76870,34968,39367,41366,10665,52864,30663,60963,39063,375
Operating Lease Liability Noncurrent5,0725,1635,2985,3535,3565,4795,7045,8145,9196,0536,2036,468
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent3,0313,0663,1153,1563,0513,0873,1173,1443,4043,4533,5243,601
Liabilities Noncurrent
Liabilities Noncurrent29,96030,90231,35632,84032,55232,40132,19633,40933,60434,05235,34036,121
Deferred Income Tax Liabilities Net4,2323,9163,4963,4442,9612,6262,2292,1761,6751,410994908
Other Liabilities Noncurrent3,9173,9203,9233,9943,9433,8003,7073,7443,6033,5073,5413,561
Common Stock Value000000000000
Additional Paid In Capital Common Stock12,07112,01611,94411,88311,79111,74411,69811,74011,68611,64711,68811,641
Retained Earnings Accumulated Deficit14,88314,26912,93113,34312,12610,8338,9258,7837,9406,7655,6225,650
Accumulated Other Comprehensive Income Loss Net Of Tax-4,043-4,074-4,106-4,135-4,858-4,899-4,938-4,979-5,691-5,740-5,793-5,845
Treasury Stock Value------------341
Treasury Stock Common Value-398-396-393-238-237-238-238-251-289-286-366-341
Liabilities And Stockholders Equity86,04886,32184,43181,31779,62378,39577,34275,37275,36875,19774,96973,644
Allowance For Doubtful Accounts Receivable Current131313131617181817161617
Airline Related Inventory Valuation Reserves140137132124118112128120130129124123
Stockholders Equity
Stockholders Equity22,51321,81520,37620,85318,82217,44015,44715,29313,64612,38611,15111,105
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization-25,89825,43924,71924,27323,79723,70823,22822,96422,47722,15621,707
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization-41,54440,58239,74339,37238,92638,17137,59536,86236,33935,91535,486
Finite Lived Intangible Assets Accumulated Amortization934932930928926924922919917915913911
Common Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.000.00
Common Stock Shares Authorized1,5001,5001,5001,5001,5001,5001,5001,5001,5001,5001,5001,500
Common Stock Shares Issued667666666660659659659655655655657655
Treasury Stock Common Shares99966778991211

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DELTA AIR LINES, INC. (DAL) — SEC Financial Statements & Analysis

DELTA AIR LINES, INC. (DAL) is a air transportation, scheduled company, incorporated in DE. DELTA AIR LINES, INC. trades on NYSE as: DAL. DELTA AIR LINES, INC. (DAL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-09-30, filed with the SEC on 2026-10-09. Based on that filing, DELTA AIR LINES, INC. carries a market cap of $54.67B, a P/E ratio of 16.62x, a P/B ratio of 2.43x, a P/S ratio of 0.76x, an enterprise value of $63.64B, and an EV/EBITDA multiple of 8.09x. On profitability, it posts a gross margin of 73.93%, an operating margin of 7.36%, a net margin of 4.58%, a Return on Equity (ROE) of 15.91%, a Return on Assets (ROA) of 3.97%, and a Return on Invested Capital (ROIC) of 12.41%. Per share, it reports EPS of $5.02, diluted EPS of $4.99, free cash flow per share of $12.21, and a dividend per share of $0.79. Over the trailing year, it posted revenue growth of 14.11% year-over-year, net income growth of -28.96% year-over-year, and EPS growth of -29.61% year-over-year. On the balance sheet, it maintains a current ratio of 0.40x, a quick ratio of 0.32x, working capital of $-20.09B, a debt-to-equity ratio of 2.82x, a debt ratio of 0.74, an interest coverage ratio of 8.84x, free cash flow of $8.00B (TTM), and net debt of $8.97B. Figures sourced from SEC EDGAR.

Market Cap
$54.67B
P/E TTM
16.62x
EPS TTM
$5.02
P/B TTM
2.43x
ROE TTM
15.91%
ROA TTM
3.97%
Debt To Equity
2.82x
Free Cash Flow TTM
$8.00B
Net Revenue TTM Growth 1Y
14.11%

Data as of 2026-09-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is DELTA AIR LINES, INC. in?

DELTA AIR LINES, INC. (DAL) operates in the Air Transportation, Scheduled industry.

What exchange does DAL trade on?

DELTA AIR LINES, INC. (DAL) trades on the NYSE.

Where is DELTA AIR LINES, INC. incorporated?

DELTA AIR LINES, INC. is incorporated in DE.

When was DELTA AIR LINES, INC. (DAL)'s most recent SEC filing?

DELTA AIR LINES, INC. (DAL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-09-30, filed with the SEC on 2026-10-09.

What is DAL's market cap?

DELTA AIR LINES, INC. (DAL) has a market capitalization of $54.67B as of 2026-09-30.

What is DAL's P/E ratio?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month P/E ratio is 16.62x as of 2026-09-30.

What is DAL's EPS (earnings per share)?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month EPS is $5.02 as of 2026-09-30.

What is DAL's ROE (return on equity)?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month Return on Equity (ROE) is 15.91% as of 2026-09-30.

What is DAL's ROA (return on assets)?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month Return on Assets (ROA) is 3.97% as of 2026-09-30.

What is DAL's ROIC (return on invested capital)?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month Return on Invested Capital (ROIC) is 12.41% as of 2026-09-30.

What is DAL's EV/EBITDA?

DELTA AIR LINES, INC. (DAL)'s trailing twelve month EV/EBITDA is 8.09x as of 2026-09-30.

GeminIQ Research & Analysis

October 10, 2026Delta (DAL) Q3 2026 Earnings: EPS Down 47%, Investments Swung $529MDelta's Q3 2026 10-Q shows revenue of $20.19 billion (+21.1%) and diluted EPS of $1.15 (-47.0%). A $529 million swing in investment gains and losses drove most of the pre-tax decline.July 16, 2026Airline Sector Stock Analysis: One Carrier Is Re-LeveringThis airline sector stock analysis tracks five years of Net Debt-to-EBITDA, Altman Z-Score, and margin trends for Delta, United, and American Airlines, showing two carriers deleveraging every year while the third reverses course.June 22, 2026Altman Z-Score: Formula, Zones, and Limitations ExplainedThe Altman Z-Score predicts corporate bankruptcy risk using five financial ratios combined into a single weighted score. Here is how the formula works, what the three zones mean, and where the model breaks down.

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