Delta Air Lines, Inc. logo DAL - Delta Air Lines, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 2
BUY 34
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $83.91 DETAILS
HIGH: $95.00
LOW: $77.00
MEDIAN: $85.00
CONSENSUS: $83.91
UPSIDE: 10.20%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 63,364 61,643 58,048 50,582 29,899 17,095 47,007 44,438 41,138 39,450 40,704 40,362 37,773 36,670 35,115 31,755 28,063 22,697 19,154 17,532 16,480 15,235 14,308 13,866 13,879 16,741 14,883 14,597 14,138 13,594 12,455 12,194 12,077
Cost of Revenue 48,889 45,086 42,530 39,422 27,766 21,463 33,409 33,335 29,628 27,164 27,349 32,194 29,183 29,295 27,946 24,384 15,048 13,815 9,184 0 0 0 0 0 0 0 4,090 0 0 3,877 3,505 3,371 3,551
Gross Profit 14,475 16,557 15,518 11,160 2,133 (4,368) 13,598 11,103 11,510 12,286 13,355 8,168 8,590 7,375 7,169 7,371 13,015 8,882 9,970 0 0 0 0 0 0 0 10,793 0 0 9,717 8,950 8,823 8,526
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,485 3,874 3,717 2,454 502 424 2,276 1,941 1,827 1,751 1,672 1,700 1,603 1,590 1,682 1,509 9,838 6,421 5,122 6,164 7,104 2,580 8,776 8,863 9,076 9,057 (719) 7,980 7,854 (519) (588) (755) (759)
Other Expenses 6,168 6,688 6,280 5,045 (255) 7,677 4,704 3,898 3,717 3,539 3,881 4,262 3,587 3,610 3,512 3,645 1,536 1,266 1,810 11,310 11,377 15,963 6,317 6,312 6,405 6,047 (194) 4,747 4,590 8 41 50 (127)
Operating Expenses 8,653 10,562 9,997 7,499 247 8,101 6,980 5,839 5,544 5,290 5,553 5,962 5,190 5,200 5,194 5,154 11,374 7,687 6,932 17,474 18,481 18,543 15,093 15,175 15,481 15,104 (913) 12,727 12,444 (511) (547) (705) (886)
Operating Income
Operating Income 5,822 5,995 5,521 3,661 1,886 (12,469) 6,618 5,264 5,966 6,996 7,802 2,206 3,400 2,175 1,975 2,217 1,641 1,195 3,038 58 (2,001) (3,308) (785) (1,309) (1,602) 1,637 11,706 1,870 1,694 10,228 9,497 9,528 9,412
Interest Expense 679 747 834 1,029 1,279 929 301 311 396 388 481 650 852 1,005 1,094 1,185 908 685 652 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27 92 128 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 8,032 7,918 8,783 5,050 3,675 (12,346) 9,080 7,791 8,118 8,643 9,473 3,493 5,037 3,595 3,386 3,304 863 (7,090) 2,966 1,334 (728) (2,064) 445 (128) (319) 2,824 12,667 2,731 2,404 10,862 10,119 10,206 8,736.7
EBIT 5,589 5,405 6,442 2,943 1,677 (14,658) 6,499 5,462 5,896 6,741 7,638 1,722 3,379 2,030 1,863 1,793 (673) (8,356) 2,471 58 (2,001) (3,308) (785) (1,309) (1,602) 1,637 11,706 1,870 1,694 10,228 9,497 9,528 9,412
Income Before Tax 6,185 4,658 5,608 1,914 398 (15,587) 6,198 5,151 5,500 6,353 7,157 1,072 2,527 1,025 769 608 (1,581) (9,041) 1,819 (6,968) (3,859) (3,992) (1,189) (2,002) (1,864) 1,549 2,093 1,826 1,648 1,415 276 494 (660)
Income Tax Expense 1,180 1,201 999 596 118 (3,202) 1,431 1,216 2,295 2,158 2,631 413 (8,013) 16 (85) 15 (344) (119) 207 (765) (41) 1,206 (416) (730) (648) 621 831 725 647 561 120 200 (251)
Net Income 5,005 3,457 4,609 1,318 280 (12,385) 4,767 3,935 3,205 4,195 4,526 659 10,540 1,009 854 593 (1,237) (8,922) 1,612 (6,203) (3,818) (5,198) (773) (1,272) (1,216) 828 1,208 1,101 1,001 854 156 408 (409)
Per Share Data
EPS (Basic) 7.72 5.39 7.21 2.07 0.44 -19.47 7.32 5.69 4.53 5.82 5.68 0.79 12.41 1.19 1.02 0.71 -1.50 -19.06 4.14 -31.57 -23.64 -40.92 -6.26 -10.32 -9.88 6.68 7.71 6.74 13.28 1.52 4.04 -4.07 -10.05
EPS (Diluted) 7.66 5.33 7.17 2.06 0.44 -19.47 7.30 5.67 4.43 5.79 5.63 0.78 12.28 1.19 1.01 0.70 -1.50 -19.06 6.71 -31.57 -23.64 -40.92 -6.26 -10.32 -9.88 6.38 7.27 6.44 13.28 1.52 2.20 -4.07 -10.05
Shares Outstanding 648 648 639 638 636 636 651 691 707.2 751 797 836 849 845 838 834 827 468 389.0 196.5 161.5 127.0 123.4 123.3 123.1 123.9 142.9 148.5 75.4 102.9 101.1 100.6 99.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 4,310 3,069 2,741 3,266 7,933 8,307 2,882 1,565 1,814 2,762 4,607 4,255 1,463 2,710 1,969 2,210 1,364 1,664 1,077 662 1,145 1,233 1,302 1,180.4
Short-Term Investments 0 0 1,127 3,268 3,386 5,789 0 0 825 487 71 212 336 0 0 5 243 653 19 557 508 507 529 0
Net Receivables 2,850 3,224 3,130 3,176 2,404 1,396 2,854 2,314 2,377 2,064 1,353 2,582 696 662 611 368 406 492 602 938 943 968 755 886
Inventory 1,601 1,428 1,314 1,424 1,098 732 1,251 1,055 1,329 891 327 388 203 202 164 181 873 0 0 341 589 195 560 90.6
Other Current Assets 2,205 2,123 1,957 0 0 0 0 0 0 0 780 830 383 917 802 518 664 455 403 464 413 352 234 336
Total Current Assets 10,966 9,844 10,269 13,011 15,940 17,404 8,249 6,340 7,804 7,451 7,991 8,974 3,606 4,967 3,902 3,567 3,205 3,890 2,672 3,362 2,867 3,282 3,014 3,223
Non-Current Assets
Property, Plant & Equipment 45,987 44,239 42,490 40,145 35,922 32,262 36,937 34,333 26,563 24,375 20,433 20,627 16,556 16,752 16,524 16,097 14,840 12,571 9,321 8,042 6,132 6,936 6,603 7,140.7
Goodwill 9,753 9,753 9,753 9,753 9,753 9,753 9,781 9,781 9,794 9,794 9,787 9,731 227 2,092 2,092 2,092 2,149 2,060 265 257 265 274 283 0
Intangible Assets 5,966 5,975 5,983 5,992 6,001 6,011 5,167 4,829 4,847 4,844 4,829 4,944 79 95 102 94 102 0 0 0 0 0 0 291.6
Long-Term Investments 4,222 2,846 3,457 2,128 1,712 1,665 2,568 0 0 0 0 0 0 21 207 276 561 112 823 326 749 266 663 219
Other Non-Current Assets 4,291 2,715 1,692 934 1,773 2,913 1,714 4,744 3,309 1,733 749 808 1,333 2,429 1,893 1,479 1,074 1,238 800 1,329 674 1,063 1,079 801
Total Non-Current Assets 70,219 65,528 63,375 59,277 56,519 54,592 56,283 53,926 45,867 43,810 35,798 36,110 18,195 21,389 20,818 20,038 18,726 15,981 14,078 11,241 9,874 8,944 9,129 8,673
Total Assets 81,185 75,372 73,644 72,275 72,471 71,996 64,529 60,270 53,292 51,256 43,539 45,019 21,801 26,356 24,720 23,605 21,931 19,871 14,603 12,741 12,226 12,143 11,896 11,871
Current Liabilities
Account Payables 5,226 4,650 4,446 5,106 4,240 2,840 3,266 2,976 3,634 2,572 1,249 1,604 1,560 1,759 1,921 1,617 0 0 0 0 1,691 1,540 1,473 1,552
Short-Term Debt 2,414 2,175 2,983 2,359 1,782 1,732 2,287 1,518 2,242 1,131 1,533 5,792 893 1,002 666 1,025 62 670 660 67 298 98 212 238
Deferred Revenue 4,876 4,314 3,908 3,434 2,710 1,777 3,219 2,989 2,762 1,648 4,688 1,624 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 9,436 8,194 8,144 9,260 7,328 5,144 5,852 5,736 5,431 5,057 1,037 0 1,838 1,644 1,614 1,560 3,973 4,469 4,223 4,245 1,569 1,741 1,528 1,431
Total Current Liabilities 27,667 26,670 26,418 25,940 20,966 15,927 20,204 18,578 18,959 15,239 9,797 11,092 5,941 6,624 6,455 6,403 5,245 5,448 5,392 4,577 4,083 3,638 3,441 3,536
Non-Current Liabilities
Long-Term Debt 12,507 14,019 17,071 20,671 25,138 27,425 8,873 8,253 6,592 6,201 15,665 15,411 13,005 11,538 10,174 8,279 5,797 4,144 1,756 1,533 1,475 1,799 2,683 3,142
Deferred Tax Liabilities 3,369 2,176 908 24 0 0 1,456 163 0 0 1,917 1,981 0 0 0 465 1,220 953 755 262 0 0 0 0
Other Non-Current Liabilities 7,150 6,888 7,162 7,757 10,563 15,992 9,838 10,132 12,031 15,256 12,967 12,237 8,651 8,775 7,098 4,621 3,767 4,182 4,203 3,959 3,854 3,873 4,006 3,665
Total Non-Current Liabilities 32,765 33,409 36,121 39,766 47,606 54,535 28,970 28,001 22,182 23,735 33,747 33,118 21,656 20,391 17,372 13,433 10,883 9,438 6,910 6,003 5,651 6,048 7,127 6,893
Total Liabilities 60,432 60,079 62,539 65,706 68,572 70,462 49,174 46,579 41,141 38,974 43,544 44,210 27,597 26,598 23,827 19,836 16,128 14,886 12,302 10,580 9,578 9,548 10,196 10,327
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 286 271 271 271 271 270 265 251 217 164 163 0
Retained Earnings 13,343 8,783 5,650 1,170 (148) (428) 12,454 10,039 9,636 7,903 (9,845) (8,608) (4,373) 844 1,639 2,930 4,176 3,454 1,687 711 (119) (184) (490) 35.9
Accumulated Other Comprehensive Income (4,135) (4,979) (5,845) (5,801) (7,130) (9,038) (7,989) (7,825) (7,621) (7,636) (3,563) (4,080) (2,358) (2,338) (1,562) 25 360 266 0 (5,444) (4,767) 83 (5,130) (4,830.7)
Total Stockholders' Equity 20,753 15,293 11,105 6,582 3,887 1,534 15,358 13,687 12,530 12,287 245 874 (5,796) (659) 893 3,769 5,803 4,985 4,448 4,023 3,163 2,678 1,947 1,569
Total Liabilities & Equity 81,185 75,372 73,644 72,288 72,459 71,996 64,532 60,266 53,671 51,261 43,789 45,084 21,801 25,939 24,720 23,605 21,931 19,871 16,750 14,603 12,741 12,226 12,143 11,896
Debt Metrics
Total Debt 21,083 22,771 27,281 30,610 34,679 35,548 17,255 16,527 8,834 7,332 20,411 21,133 13,898 12,637 10,967 9,403 5,998 5,015 1,912 2,095 2,273 3,333 3,466 3,763.9
Net Debt 16,773 19,702 24,540 27,344 26,746 27,241 14,373 14,962 7,020 4,570 12,591 16,948 12,435 9,927 8,998 7,193 4,634 3,351 1,527 835 1,495 1,186 2,161 2,175
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 5,006 3,457 4,609 1,318 280 (12,385) 4,767 3,935 3,577 4,373 (3,818) (5,198) (773) (1,272) (1,216) 828 1,101 1,001 854 156 408 117 (414.7)
Depreciation & Amortization 2,443 2,513 2,341 2,107 1,998 2,312 2,581 2,329 2,235 1,902 1,273 1,244 1,230 1,181 1,283 1,187 961 861 710 634 622 678 (675.3)
Stock-Based Compensation 0 0 0 150 0 119 161 0 169 154 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 0 710 (29) 1,806 2,510 1,390 526 176 608 (173) 959 (89) 227 (278) 166 502 175 350 184 (27) 50 135 429.9
Other Non-Cash Items 893 190 (1,437) 392 (1,640) 7,881 (1,071) (790) (3,254) (931) 1,802 1,714 185 1,065 651 (15) 477 368 51 685 (62) 736 1,215.7
Operating Cash Flow 8,342 8,025 6,464 6,364 3,263 (3,793) 8,437 7,014 5,148 7,205 175 (1,123) 453 285 236 2,898 2,929 2,916 2,039 1,391 1,114 1,324 676.9
Investing Activities
Capital Expenditure (4,501) (5,140) (5,323) (6,366) (3,247) (1,899) (4,936) (5,168) (3,891) (3,391) (814) (760) (744) (1,286) (2,793) (4,060) (2,819) (2,291) (1,948) (936) (626) (1,205) (1,413.1)
Acquisitions 0 0 (152) (870) 0 (2,099) 109 0 (1,245) 226 0 0 0 100 0 (232) (570) 0 0 0 0 0 0
Purchases of Investments 0 0 (2,312) (2,704) (12,655) (13,400) (279) (145) (925) (1,707) 0 0 0 (134) 0 384 (310) 0 0 0 (121) (408) 0
Sales/Maturities of Investments 0 1,137 4,547 2,805 15,036 7,609 206 766 584 2,686 1 350 456 87 524 529 1,240 0 0 0 0 0 0
Other Investing Activities 315 264 92 210 (31) 551 325 154 111 31 353 190 28 124 (427) (17) 598 (33) 7 48 252 103 86.3
Investing Cash Flow (4,186) (3,739) (3,148) (6,925) (897) (9,238) (4,575) (4,393) (5,366) (2,155) (460) (220) (260) (1,109) (2,696) (3,396) (2,791) (2,324) (1,941) (888) (495) (1,510) (1,326.8)
Financing Activities
Net Debt Issuance (1,716) (3,953) (4,071) (4,475) (5,834) 19,798 (1,263) (3,052) (1,258) (1,259) 930 671 972 676 3,361 748 2,456 672 (182) (196) (440) (572) (321)
Stock Repurchased 0 0 0 0 0 (344) (2,027) (1,575) (1,677) (2,601) 0 0 0 (42) 0 (502) (885) (885) (354) (379) (66) 0 0
Dividends Paid (440) (321) (128) 0 0 (260) (980) (909) (731) (509) 0 0 (19) (39) (40) (40) (42) 0 0 0 0 0 0
Other Financing Activities (919) 14 805 (60) 1,982 162 1,390 3,810 2,936 109 (100) (35) (405) (12) (17) 0 0 0 84 0 0 996 2,219.9
Financing Cash Flow (3,075) (4,260) (3,394) (4,535) (3,852) 19,356 (2,880) (1,726) (730) (4,260) 830 636 548 583 3,306 239 (91) (177) (581) (591) (688) 308 1,779.9
Cash Position
Net Change in Cash 1,163 297 (464) (4,692) (403) 5,405 1,482 (202) (948) 790 2,878 0 741 (241) 846 (259) 47 415 (483) (88) (69) 122 1,130
Cash at Beginning 3,237 2,940 3,404 8,096 8,499 3,094 1,612 1,814 2,762 1,972 0 0 1,969 2,210 1,364 1,623 1,077 662 1,145 1,233 1,302 1,180 50.4
Cash at End 4,400 3,237 2,940 3,404 8,096 8,499 3,094 1,612 1,814 2,762 2,878 1,811 2,710 1,969 2,210 1,364 1,124 1,077 662 1,145 1,233 1,302 1,180.4
Free Cash Flow 3,841 2,885 1,141 (2) 16 (5,692) 3,501 1,846 1,257 3,814 (639) (1,883) (291) (1,001) (2,557) (1,162) 110 625 91 455 488 119 (736.2)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 63,364 61,643 58,048 50,582 29,899 17,095 47,007 44,438 41,138 39,450 40,704 40,362 37,773 36,670 35,115 31,755 28,063 22,697 19,154 17,532 16,480 15,235 14,308 13,866 13,879 16,741 14,883 14,597 14,138 13,594 12,455 12,194 12,077
Gross Profit 14,475 16,557 15,518 11,160 2,133 (4,368) 13,598 11,103 11,510 12,286 13,355 8,168 8,590 7,375 7,169 7,371 13,015 8,882 9,970 0 0 0 0 0 0 0 10,793 0 0 9,717 8,950 8,823 8,526
Operating Income 5,822 5,995 5,521 3,661 1,886 (12,469) 6,618 5,264 5,966 6,996 7,802 2,206 3,400 2,175 1,975 2,217 1,641 1,195 3,038 58 (2,001) (3,308) (785) (1,309) (1,602) 1,637 11,706 1,870 1,694 10,228 9,497 9,528 9,412
Net Income 5,005 3,457 4,609 1,318 280 (12,385) 4,767 3,935 3,205 4,195 4,526 659 10,540 1,009 854 593 (1,237) (8,922) 1,612 (6,203) (3,818) (5,198) (773) (1,272) (1,216) 828 1,208 1,101 1,001 854 156 408 (409)
EPS (Diluted) 7.66 5.33 7.17 2.06 0.44 -19.47 7.30 5.67 4.43 5.79 5.63 0.78 12.28 1.19 1.01 0.70 -1.50 -19.06 6.71 -31.57 -23.64 -40.92 -6.26 -10.32 -9.88 6.38 7.27 6.44 13.28 1.52 2.20 -4.07 -10.05
Balance Sheet
Cash & Equivalents 4,310 3,069 2,741 3,266 7,933 8,307 2,882 1,565 1,814 2,762 4,607 4,255 1,463 2,710 1,969 2,210 1,364 1,664 1,077 662 1,145 1,233 1,302 1,180.4
Total Assets 81,185 75,372 73,644 72,275 72,471 71,996 64,529 60,270 53,292 51,256 43,539 45,019 21,801 26,356 24,720 23,605 21,931 19,871 14,603 12,741 12,226 12,143 11,896 11,871
Total Debt 21,083 22,771 27,281 30,610 34,679 35,548 17,255 16,527 8,834 7,332 20,411 21,133 13,898 12,637 10,967 9,403 5,998 5,015 1,912 2,095 2,273 3,333 3,466 3,763.9
Stockholders' Equity 20,753 15,293 11,105 6,582 3,887 1,534 15,358 13,687 12,530 12,287 245 874 (5,796) (659) 893 3,769 5,803 4,985 4,448 4,023 3,163 2,678 1,947 1,569
Cash Flow
Operating Cash Flow 8,342 8,025 6,464 6,364 3,263 (3,793) 8,437 7,014 5,148 7,205 175 (1,123) 453 285 236 2,898 2,929 2,916 2,039 1,391 1,114 1,324 676.9
Capital Expenditure (4,501) (5,140) (5,323) (6,366) (3,247) (1,899) (4,936) (5,168) (3,891) (3,391) (814) (760) (744) (1,286) (2,793) (4,060) (2,819) (2,291) (1,948) (936) (626) (1,205) (1,413.1)
Free Cash Flow 3,841 2,885 1,141 (2) 16 (5,692) 3,501 1,846 1,257 3,814 (639) (1,883) (291) (1,001) (2,557) (1,162) 110 625 91 455 488 119 (736.2)