DAL
Delta Air Lines, Inc.
$88.63
-3.05 (-3.33%)
At close · Jul 7
Market Cap
$58.23B
Shares
656,994,112
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$63.36B
+2.8%
FY2025
Net Income
$5.01B
+44.8%
FY2025
Operating Margin
9.19%
-0.5pp
FY2025
Diluted EPS
$7.66
+43.7%
FY2025
Operating Cash Flow
$8.34B
+4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $65.18B | $63.36B | $61.64B | $58.05B | $50.58B | $29.9B | $17.1B | $47.01B | $44.44B | $41.24B | $39.64B | $40.7B | $40.36B | $37.77B | $36.67B | $35.12B | — | |
| -$812M | — | — | -$834M | -$1.03B | -$1.28B | -$929M | -$301M | -$311M | -$396M | -$388M | -$481M | -$650M | -$698M | -$812M | -$901M | — | |
| $2.52B | $2.49B | $2.49B | $2.33B | $1.89B | $953M | $582M | $1.99B | $1.94B | $1.79B | $1.71B | $1.67B | $1.7B | $1.6B | $1.59B | $1.68B | $1.51B | |
| — | $8M | $9M | $9M | $9M | $10M | $10M | $11M | $17M | $17M | $17M | $18M | $55M | $70M | $70M | — | — | |
| $2.47B | $2.44B | $2.51B | $2.34B | $2.11B | $2B | $2.31B | $2.58B | $2.33B | $2.24B | $1.9B | $1.84B | $1.77B | $1.66B | $1.57B | $1.52B | $1.51B | |
| — | — | — | — | -$124M | -$19M | $8.22B | — | $1M | — | — | — | — | — | — | — | — | |
| $40B | — | — | — | — | — | — | — | $39.17B | $35.13B | $32.69B | $32.9B | $38.16B | $34.37B | $34.5B | $33.14B | — | |
| $59.42B | $57.54B | $55.65B | $52.53B | $46.92B | $28.01B | $29.56B | $40.39B | — | — | — | — | — | — | — | — | $29.54B | |
| $5.75B | $5.82B | $6B | $5.52B | $3.66B | $1.89B | -$12.47B | $6.62B | $5.26B | $6.11B | $6.95B | $7.8B | $2.21B | $3.4B | $2.18B | $1.98B | $2.22B | |
| — | 9.19% | 9.73% | 9.51% | 7.24% | 6.31% | -72.94% | 14.08% | 11.85% | 14.82% | 17.54% | 19.17% | 5.47% | 9% | 5.93% | 5.62% | — | |
| $8.23B | $8.27B | $8.51B | $7.86B | $5.77B | $3.88B | -$10.16B | $9.2B | $7.59B | $8.35B | $8.85B | $9.64B | $3.98B | $5.06B | $3.74B | $3.5B | $3.73B | |
| $404M | — | — | — | — | — | — | — | — | $396M | $388M | $481M | $650M | $698M | $812M | — | $1B | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $35M | |
| -$103M | $363M | -$1.34B | $87M | -$1.75B | -$1.49B | -$3.12B | -$420M | -$113M | -$413M | -$316M | -$645M | -$1.13B | -$873M | -$1.15B | -$1.21B | -$1.61B | |
| — | — | — | — | — | — | — | — | — | $1M | $160M | $35M | -$106M | — | — | — | — | |
| — | $1.21B | -$323M | $1.28B | -$874M | — | -$105M | $119M | $14M | — | $42M | -$45M | $10M | — | — | — | — | |
| $5.65B | $6.19B | $4.66B | $5.61B | $1.91B | $398M | -$15.59B | $6.2B | $5.15B | $5.7B | $6.64B | $7.16B | $1.07B | $2.53B | $1.03B | $769M | $608M | |
| $1.18B | $1.18B | $1.2B | $999M | $596M | $118M | -$3.2B | $1.43B | $1.22B | $2.12B | $2.26B | $2.63B | $413M | -$8.01B | $16M | -$85M | $15M | |
| $4.48B | $5.01B | $3.46B | $4.61B | $1.32B | $280M | -$12.39B | $4.77B | $3.94B | $3.58B | $4.37B | $4.53B | $659M | $10.54B | $1.01B | $854M | $593M | |
| — | 7.9% | 5.61% | 7.94% | 2.61% | 0.94% | -72.45% | 10.14% | 8.86% | 8.67% | 11.03% | 11.12% | 1.63% | 27.9% | 2.75% | 2.43% | — | |
| $5.31B | $5.85B | $4.32B | $4.57B | $2.65B | $2.19B | -$13.43B | $4.6B | $3.84B | $3.59B | $4.01B | $4.56B | -$1.52B | $13.99B | -$802M | -$2.33B | $578M | |
| USD/shares | — | $7.72 | $5.39 | $7.21 | $2.07 | $0.44 | -$19.49 | $7.32 | $5.69 | $4.97 | $5.82 | $5.68 | $0.79 | $12.41 | $1.20 | $1.02 | $0.71 |
| USD/shares | — | $7.66 | $5.33 | $7.17 | $2.06 | $0.44 | -$19.49 | $7.30 | $5.67 | $4.95 | $5.79 | $5.63 | $0.78 | $12.29 | $1.19 | $1.01 | $0.70 |
| shares | — | 648M | 641M | 639M | 638M | 636M | 636M | 651M | 691M | 720M | 751M | 797M | 836M | 849M | 845M | 838M | 834 |
| shares | — | 654M | 648M | 643M | 641M | 641M | 636M | 653M | 694M | 723M | 755M | 804M | 845M | 858M | 850M | 844M | 843 |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2013–FY2025: $11.77B in buybacks, $4.99B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
12.94×
Airlines median 17.54×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Airline | $58,287,000,000 | $57,001,000,000 | $54,669,000,000 | $45,605,000,000 | $26,670,000,000 | $15,945,000,000 | $46,910,000,000 | $43,890,000,000 |
| Refinery | $6,961,000,000 | $7,767,000,000 | $7,572,000,000 | $10,706,000,000 | $6,054,000,000 | $3,143,000,000 | $5,558,000,000 | $5,458,000,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Passenger Air Traffic | $45,488,000,000 | $45,096,000,000 | $43,596,000,000 | $35,626,000,000 | $19,339,000,000 | $10,970,000,000 | $36,908,000,000 | $34,950,000,000 |
| Product And Service Other Refinery | $5,077,000,000 | $4,642,000,000 | $3,379,000,000 | $4,977,000,000 | $3,229,000,000 | $1,150,000,000 | $97,000,000 | — |
| Passenger Loyalty Travel Awards | $4,237,000,000 | $3,841,000,000 | $3,462,000,000 | $2,898,000,000 | $1,786,000,000 | $935,000,000 | $2,900,000,000 | $2,651,000,000 |
| Product and Service Other Loyalty Program | $3,362,000,000 | $3,297,000,000 | $3,093,000,000 | $2,597,000,000 | $1,770,000,000 | $1,458,000,000 | $1,962,000,000 | $1,459,000,000 |
| Passenger Travel Related Services | $2,043,000,000 | $1,957,000,000 | $1,851,000,000 | $1,694,000,000 | $1,394,000,000 | $978,000,000 | $2,469,000,000 | $2,154,000,000 |
| Product And Service Other Miscellaneous | $1,320,000,000 | $1,216,000,000 | $1,104,000,000 | $894,000,000 | $556,000,000 | $348,000,000 | $718,000,000 | $558,000,000 |
| Product And Service Other Ancillary Businesses | $937,000,000 | $772,000,000 | $840,000,000 | $846,000,000 | $793,000,000 | $648,000,000 | $1,200,000,000 | — |
| Product and Service Other MRO Business | $822,000,000 | $658,000,000 | — | — | — | — | — | — |
| Product And Service Other Ancillary Businesses And Refinery | — | — | — | — | — | $1,798,000,000 | $1,297,000,000 | $1,801,000,000 |
| Cargo And Freight | — | — | $723,000,000 | $1,050,000,000 | $1,032,000,000 | $608,000,000 | $753,000,000 | $865,000,000 |
| Passenger | — | — | $48,909,000,000 | $40,218,000,000 | $22,519,000,000 | $12,883,000,000 | $42,277,000,000 | $39,755,000,000 |
| Product And Service Other | — | — | $8,416,000,000 | $9,314,000,000 | $6,348,000,000 | $3,604,000,000 | $3,977,000,000 | $3,818,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Airline | $5,665,000,000 | $5,957,000,000 | $5,136,000,000 | $2,884,000,000 | $1,888,000,000 | -$12,253,000,000 | $6,542,000,000 | $5,206,000,000 |
| Refinery | $157,000,000 | $38,000,000 | $385,000,000 | $777,000,000 | -$2,000,000 | -$216,000,000 | $76,000,000 | $58,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Airline | 9.7% | 10.5% | 9.4% | 6.3% | 7.1% | -76.8% | 13.9% | 11.9% |
| Refinery | 2.3% | 0.5% | 5.1% | 7.3% | 0% | -6.9% | 1.4% | 1.1% |