Symbols / DAL
DAL Chart
About
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; and acts as a reservations specialists. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,292 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Airlines | Market Cap | 45.09B |
| Enterprise Value | 62.03B | Income | 5.01B | Sales | 63.36B |
| Book/sh | 32.10 | Cash/sh | 6.63 | Dividend Yield | 108.00% |
| Payout | 8.81% | Employees | 103000 | IPO | — |
| P/E | 9.01 | Forward P/E | 8.29 | PEG | — |
| P/S | 0.71 | P/B | 2.15 | P/C | — |
| EV/EBITDA | 7.98 | EV/Sales | 0.98 | Quick Ratio | 0.26 |
| Current Ratio | 0.40 | Debt/Eq | 102.50 | LT Debt/Eq | — |
| EPS (ttm) | 7.66 | EPS next Y | 8.33 | EPS Growth | 44.60% |
| Revenue Growth | 2.90% | Earnings | 2026-04-08 | ROA | 4.50% |
| ROE | 27.69% | ROIC | — | Gross Margin | 20.45% |
| Oper. Margin | 8.93% | Profit Margin | 7.90% | Shs Outstand | 653.13M |
| Shs Float | 644.89M | Short Float | 2.75% | Short Ratio | 2.05 |
| Short Interest | — | 52W High | 76.39 | 52W Low | 34.74 |
| Beta | 1.34 | Avg Volume | 7.97M | Volume | 285.88K |
| Target Price | $81.89 | Recom | Strong_buy | Prev Close | $69.23 |
| Price | $69.04 | Change | -0.27% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$81.89
Mean price target
2. Current target
$69.04
Latest analyst target
3. DCF / Fair value
$81.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$69.04
Low
$47.00
High
$90.00
Mean
$81.89
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-14 | main | UBS | Buy → Buy | $87 |
| 2026-01-12 | main | Barclays | Overweight → Overweight | $85 |
| 2026-01-09 | main | Susquehanna | Positive → Positive | $85 |
| 2026-01-07 | main | TD Cowen | Buy → Buy | $82 |
| 2026-01-06 | main | Goldman Sachs | Buy → Buy | $77 |
| 2026-01-06 | main | B of A Securities | Buy → Buy | $80 |
| 2025-12-18 | init | Wells Fargo | — → Overweight | $87 |
| 2025-12-09 | init | BMO Capital | — → Outperform | $80 |
| 2025-12-04 | init | Citigroup | — → Buy | $77 |
| 2025-10-15 | main | B of A Securities | Buy → Buy | $74 |
| 2025-10-10 | main | Raymond James | Strong Buy → Strong Buy | $70 |
| 2025-10-10 | main | UBS | Buy → Buy | $75 |
| 2025-10-10 | main | Susquehanna | Positive → Positive | $70 |
| 2025-10-10 | main | Bernstein | Outperform → Outperform | $74 |
| 2025-10-10 | main | Deutsche Bank | Buy → Buy | $72 |
| 2025-10-03 | main | Susquehanna | Positive → Positive | $68 |
| 2025-10-01 | up | Jefferies | Hold → Buy | $70 |
| 2025-09-29 | main | Evercore ISI Group | Outperform → Outperform | $75 |
| 2025-09-12 | main | JP Morgan | Overweight → Overweight | $85 |
| 2025-07-11 | main | UBS | Buy → Buy | $72 |
News
RSS: Latest DAL news- Is It Time To Reconsider Delta Air Lines (DAL) After Recent Share Price Pullback - Yahoo Finance ue, 24 Feb 2026 07
- Why Delta (DAL) Stock Is Up Today - FinancialContent Fri, 20 Feb 2026 21
- Assessing Delta Air Lines (DAL) Valuation After Oil Shock And Supreme Court Tariff Ruling - simplywall.st Mon, 23 Feb 2026 17
- Delta Air Lines: Deleveraging, Margin Discipline And Valuation Upside (NYSE:DAL) - Seeking Alpha hu, 19 Feb 2026 11
- Boeing stock slips after hours as aircraft bookings swing and FAA probes Delta 737 incident - TechStock² ue, 24 Feb 2026 00
- Delta Air Lines, Inc. $DAL Shares Bought by Fiera Capital Corp - MarketBeat Sat, 21 Feb 2026 11
- DAL Stock: What’s Happening With Delta Airlines? - Forbes ue, 06 Jan 2026 08
- 2 Airline Stocks Grounded as Winter Storm Blasts East Coast - Schaeffer's Investment Research Mon, 23 Feb 2026 07
- Delta CEO sees record earnings in reach again thanks to high-end travel demand - CNBC ue, 13 Jan 2026 08
- Why Delta (DAL) Stock Is Down Today - Yahoo Finance hu, 19 Feb 2026 20
- Is It Time To Reassess Delta Air Lines (DAL) After Recent Share Price Moves - simplywall.st hu, 19 Feb 2026 05
- DAL vs. AAL: Which Airline Stock Is a Stronger Play Now? - Yahoo Finance hu, 19 Feb 2026 13
- 3 Reasons to Sell DAL and 1 Stock to Buy Instead - Yahoo Finance Australia Mon, 23 Feb 2026 04
- Winter Storm Test For Delta Operations Revenue And Investor Confidence - Yahoo Finance ue, 24 Feb 2026 02
- DAL Gains 31% in 6 Months: How Should Investors Play the Stock Now? - Yahoo Finance hu, 05 Feb 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 38600 | 2896969 | — | Sale at price 75.05 per share. | SEAR STEVEN M | Officer | — | 2026-02-09 00:00:00 | D |
| 1 | 426933 | 31365216 | — | Sale at price 71.00 - 75.27 per share. | HAUENSTEIN GLEN W | President | — | 2026-02-09 00:00:00 | D |
| 2 | 35212 | 2647942 | — | Sale at price 75.20 per share. | BELLEMARE ALAIN | Officer | — | 2026-02-09 00:00:00 | D |
| 3 | 27000 | 2020232 | — | Sale at price 74.82 per share. | CARTER PETER W | Officer | — | 2026-02-06 00:00:00 | D |
| 4 | 123910 | 6112480 | — | Conversion of Exercise of derivative security at price 49.33 per share. | HAUENSTEIN GLEN W | President | — | 2026-02-06 00:00:00 | D |
| 5 | 13576 | 963896 | — | Sale at price 71.00 per share. | HAUENSTEIN GLEN W | President | — | 2026-02-05 00:00:00 | D |
| 6 | 62528 | 4388403 | — | Sale at price 70.18 per share. | SAMANT RAHUL D | Chief Technology Officer | — | 2026-02-05 00:00:00 | D |
| 7 | 485960 | — | — | Stock Award(Grant) at price 0.00 per share. | CARTER PETER W | Officer | — | 2026-02-04 00:00:00 | D |
| 8 | 81370 | — | — | Stock Award(Grant) at price 0.00 per share. | SEAR STEVEN M | Officer | — | 2026-02-04 00:00:00 | D |
| 9 | 741030 | — | — | Stock Award(Grant) at price 0.00 per share. | HAUENSTEIN GLEN W | President | — | 2026-02-04 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 226.53M | -92.36M | 213.60M | -275.50M |
| TaxRateForCalcs | 0.19 | 0.26 | 0.18 | 0.31 |
| NormalizedEBITDA | 8.12B | 8.28B | 7.58B | 5.93B |
| TotalUnusualItems | 1.19B | -358.00M | 1.20B | -883.00M |
| TotalUnusualItemsExcludingGoodwill | 1.19B | -358.00M | 1.20B | -883.00M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 5.00B | 3.46B | 4.61B | 1.32B |
| ReconciledDepreciation | 2.44B | 2.51B | 2.34B | 2.11B |
| ReconciledCostOfRevenue | 48.05B | 46.48B | 43.91B | 39.98B |
| EBITDA | 9.31B | 7.92B | 8.78B | 5.05B |
| EBIT | 6.86B | 5.41B | 6.44B | 2.94B |
| NetInterestIncome | -679.00M | -747.00M | -834.00M | -1.03B |
| InterestExpense | 679.00M | 747.00M | 834.00M | 1.03B |
| NormalizedIncome | 4.05B | 3.72B | 3.62B | 1.93B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 5.00B | 3.46B | 4.61B | 1.32B |
| TotalExpenses | 57.54B | 55.65B | 52.53B | 46.92B |
| RentExpenseSupplemental | 4.11B | 3.70B | 3.10B | 2.69B |
| TotalOperatingIncomeAsReported | 5.82B | 6.00B | 5.52B | 3.66B |
| DilutedAverageShares | 654.00M | 648.00M | 643.00M | 641.00M |
| BasicAverageShares | 648.00M | 641.00M | 639.00M | 638.00M |
| DilutedEPS | 7.66 | 5.33 | 7.17 | 2.06 |
| BasicEPS | 7.72 | 5.39 | 7.21 | 2.07 |
| DilutedNIAvailtoComStockholders | 5.00B | 3.46B | 4.61B | 1.32B |
| NetIncomeCommonStockholders | 5.00B | 3.46B | 4.61B | 1.32B |
| NetIncome | 5.00B | 3.46B | 4.61B | 1.32B |
| NetIncomeIncludingNoncontrollingInterests | 5.00B | 3.46B | 4.61B | 1.32B |
| NetIncomeContinuousOperations | 5.00B | 3.46B | 4.61B | 1.32B |
| TaxProvision | 1.18B | 1.20B | 999.00M | 596.00M |
| PretaxIncome | 6.18B | 4.66B | 5.61B | 1.91B |
| OtherIncomeExpense | 1.04B | -590.00M | 921.00M | -718.00M |
| OtherNonOperatingIncomeExpenses | -144.00M | -232.00M | -279.00M | 165.00M |
| SpecialIncomeCharges | -26.00M | -39.00M | -63.00M | -100.00M |
| OtherSpecialCharges | 26.00M | 39.00M | 63.00M | 100.00M |
| WriteOff | 20.00M | 337.00M | ||
| RestructuringAndMergernAcquisition | -124.00M | -19.00M | ||
| GainOnSaleOfSecurity | 1.21B | -319.00M | 1.26B | -783.00M |
| NetNonOperatingInterestIncomeExpense | -679.00M | -747.00M | -834.00M | -1.03B |
| InterestExpenseNonOperating | 679.00M | 747.00M | 834.00M | 1.03B |
| OperatingIncome | 5.82B | 6.00B | 5.52B | 3.66B |
| OperatingExpense | 9.49B | 9.17B | 8.61B | 6.94B |
| OtherOperatingExpenses | 7.00B | 6.69B | 6.28B | 5.04B |
| SellingGeneralAndAdministration | 2.48B | 2.48B | 2.33B | 1.89B |
| SellingAndMarketingExpense | 2.48B | 2.48B | 2.33B | 1.89B |
| GeneralAndAdministrativeExpense | 1.39B | 244.00M | -292.00M | -451.00M |
| SalariesAndWages | 1.39B | 244.00M | -292.00M | -451.00M |
| GrossProfit | 15.31B | 15.17B | 14.13B | 10.60B |
| CostOfRevenue | 48.05B | 46.48B | 43.91B | 39.98B |
| TotalRevenue | 63.36B | 61.64B | 58.05B | 50.58B |
| OperatingRevenue | 52.67B | 51.72B | 49.63B | 41.27B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 6.50M | 8.10M | 11.22M | 10.54M |
| OrdinarySharesNumber | 653.17M | 646.47M | 643.45M | 641.27M |
| ShareIssued | 659.67M | 654.57M | 654.67M | 651.80M |
| NetDebt | 9.80B | 13.12B | 17.31B | 19.76B |
| TotalDebt | 20.27B | 22.77B | 27.28B | 30.61B |
| TangibleBookValue | 5.13B | -435.00M | -4.63B | -9.16B |
| InvestedCapital | 34.97B | 31.49B | 31.16B | 29.61B |
| WorkingCapital | -16.66B | -16.83B | -16.15B | -12.93B |
| NetTangibleAssets | 5.13B | -435.00M | -4.63B | -9.16B |
| CapitalLeaseObligations | 6.16B | 6.58B | 7.23B | 7.58B |
| CommonStockEquity | 20.85B | 15.29B | 11.11B | 6.58B |
| TotalCapitalization | 33.36B | 29.31B | 28.18B | 27.25B |
| TotalEquityGrossMinorityInterest | 20.85B | 15.29B | 11.11B | 6.58B |
| StockholdersEquity | 20.85B | 15.29B | 11.11B | 6.58B |
| GainsLossesNotAffectingRetainedEarnings | -4.13B | -4.98B | -5.84B | -5.80B |
| OtherEquityAdjustments | -4.13B | -4.98B | -5.84B | -5.80B |
| TreasuryStock | 238.00M | 251.00M | 341.00M | 313.00M |
| RetainedEarnings | 13.34B | 8.78B | 5.65B | 1.17B |
| AdditionalPaidInCapital | 11.88B | 11.74B | 11.64B | 11.53B |
| CapitalStock | 0.00 | 0.00 | 0.00 | 0.00 |
| CommonStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 60.46B | 60.08B | 62.54B | 65.71B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 32.84B | 33.41B | 36.12B | 39.77B |
| OtherNonCurrentLiabilities | 3.99B | 3.74B | 3.56B | 4.05B |
| EmployeeBenefits | 3.16B | 3.14B | 3.60B | 3.71B |
| NonCurrentPensionAndOtherPostretirementBenefitPlans | 3.16B | 3.14B | 3.60B | 3.71B |
| NonCurrentDeferredLiabilities | 7.83B | 6.69B | 5.42B | 4.47B |
| NonCurrentDeferredRevenue | 4.39B | 4.51B | 4.51B | 4.45B |
| NonCurrentDeferredTaxesLiabilities | 3.44B | 2.18B | 908.00M | 24.00M |
| LongTermDebtAndCapitalLeaseObligation | 17.86B | 19.83B | 23.54B | 27.54B |
| LongTermCapitalLeaseObligation | 5.35B | 5.81B | 6.47B | 6.87B |
| LongTermDebt | 12.51B | 14.02B | 17.07B | 20.67B |
| CurrentLiabilities | 27.62B | 26.67B | 26.42B | 25.94B |
| OtherCurrentLiabilities | 8.26B | 8.19B | 8.14B | 9.26B |
| CurrentDeferredLiabilities | 4.88B | 4.31B | 3.91B | 3.43B |
| CurrentDeferredRevenue | 4.88B | 4.31B | 3.91B | 3.43B |
| CurrentDebtAndCapitalLeaseObligation | 2.41B | 2.94B | 3.74B | 3.07B |
| CurrentCapitalLeaseObligation | 809.00M | 763.00M | 759.00M | 714.00M |
| CurrentDebt | 1.60B | 2.17B | 2.98B | 2.36B |
| OtherCurrentBorrowings | 1.60B | 2.17B | 2.98B | 2.36B |
| PayablesAndAccruedExpenses | 12.08B | 11.22B | 10.62B | 10.17B |
| CurrentAccruedExpenses | 6.85B | 6.57B | 6.18B | 5.07B |
| Payables | 5.23B | 4.65B | 4.45B | 5.11B |
| AccountsPayable | 5.23B | 4.65B | 4.45B | 5.11B |
| TotalAssets | 81.32B | 75.37B | 73.64B | 72.29B |
| TotalNonCurrentAssets | 70.35B | 65.53B | 63.38B | 59.28B |
| OtherNonCurrentAssets | 4.42B | 2.71B | 1.69B | 1.26B |
| NonCurrentDeferredAssets | 325.00M | 1.29B | ||
| NonCurrentDeferredTaxesAssets | 325.00M | 1.29B | ||
| InvestmentsAndAdvances | 4.22B | 2.85B | 3.46B | 2.13B |
| InvestmentinFinancialAssets | 2.13B | 1.71B | ||
| AvailableForSaleSecurities | 2.13B | 1.71B | ||
| LongTermEquityInvestment | 4.22B | 2.85B | 3.46B | 2.13B |
| GoodwillAndOtherIntangibleAssets | 15.72B | 15.73B | 15.74B | 15.74B |
| OtherIntangibleAssets | 5.97B | 5.97B | 5.98B | 5.99B |
| Goodwill | 9.75B | 9.75B | 9.75B | 9.75B |
| NetPPE | 45.99B | 44.24B | 42.49B | 40.15B |
| AccumulatedDepreciation | -24.72B | -23.23B | -21.71B | -20.37B |
| GrossPPE | 70.71B | 67.47B | 64.20B | 60.52B |
| ConstructionInProgress | 964.00M | 1.07B | 1.06B | 1.07B |
| OtherProperties | 17.41B | 17.34B | 16.99B | 16.03B |
| MachineryFurnitureEquipment | 3.17B | 3.13B | 3.31B | 3.38B |
| CurrentAssets | 10.97B | 9.84B | 10.27B | 13.01B |
| OtherCurrentAssets | 2.21B | 2.12B | 1.96B | 1.88B |
| PrepaidAssets | 1.88B | 1.12B | ||
| Inventory | 1.60B | 1.43B | 1.31B | 1.42B |
| Receivables | 2.85B | 3.22B | 3.13B | 3.18B |
| AccountsReceivable | 2.85B | 3.22B | 3.13B | 3.18B |
| AllowanceForDoubtfulAccountsReceivable | -13.00M | -18.00M | -17.00M | -23.00M |
| GrossAccountsReceivable | 2.86B | 3.24B | 3.15B | 3.20B |
| CashCashEquivalentsAndShortTermInvestments | 4.31B | 3.07B | 3.87B | 6.53B |
| OtherShortTermInvestments | 0.00 | 1.13B | 3.27B | 3.39B |
| CashAndCashEquivalents | 4.31B | 3.07B | 2.74B | 3.27B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 3.84B | 2.88B | 1.14B | -3.00M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -4.83B | -3.95B | -4.07B | -4.47B |
| IssuanceOfDebt | 0.00 | 0.00 | ||
| CapitalExpenditure | -4.50B | -5.14B | -5.32B | -6.37B |
| InterestPaidSupplementalData | 850.00M | 1.00B | 1.16B | 1.26B |
| EndCashPosition | 4.50B | 3.42B | 3.40B | 3.47B |
| BeginningCashPosition | 3.42B | 3.40B | 3.47B | 8.57B |
| ChangesInCash | 1.08B | 26.00M | -78.00M | -5.10B |
| FinancingCashFlow | -3.08B | -4.26B | -3.39B | -4.54B |
| CashFlowFromContinuingFinancingActivities | -3.08B | -4.26B | -3.39B | -4.54B |
| NetOtherFinancingCharges | 2.19B | 14.00M | 805.00M | -60.00M |
| CashDividendsPaid | -440.00M | -321.00M | -128.00M | 0.00 |
| CommonStockDividendPaid | -321.00M | -128.00M | 0.00 | |
| NetCommonStockIssuance | 0.00 | 0.00 | ||
| CommonStockPayments | 0.00 | 0.00 | ||
| NetIssuancePaymentsOfDebt | -4.83B | -3.95B | -4.07B | -4.47B |
| NetLongTermDebtIssuance | -4.83B | -3.95B | -4.07B | -4.47B |
| LongTermDebtPayments | -4.83B | -3.95B | -4.07B | -4.47B |
| LongTermDebtIssuance | 0.00 | 0.00 | ||
| InvestingCashFlow | -4.19B | -3.74B | -3.15B | -6.92B |
| CashFlowFromContinuingInvestingActivities | -4.19B | -3.74B | -3.15B | -6.92B |
| NetOtherInvestingChanges | 589.00M | 264.00M | 92.00M | 212.00M |
| NetInvestmentPurchaseAndSale | 0.00 | 1.14B | 2.23B | 100.00M |
| SaleOfInvestment | 0.00 | 1.14B | 4.55B | 2.80B |
| PurchaseOfInvestment | 0.00 | 0.00 | -2.31B | -2.70B |
| NetBusinessPurchaseAndSale | -276.00M | 0.00 | -152.00M | -870.00M |
| SaleOfBusiness | 0.00 | |||
| PurchaseOfBusiness | -276.00M | 0.00 | -152.00M | -870.00M |
| NetPPEPurchaseAndSale | -4.50B | -5.14B | -5.32B | -6.37B |
| SaleOfPPE | 0.00 | 0.00 | ||
| PurchaseOfPPE | -4.50B | -5.14B | -5.32B | -6.37B |
| OperatingCashFlow | 8.34B | 8.03B | 6.46B | 6.36B |
| CashFlowFromContinuingOperatingActivities | 8.34B | 8.03B | 6.46B | 6.36B |
| ChangeInWorkingCapital | 1.54B | 710.00M | -12.00M | 2.15B |
| ChangeInOtherWorkingCapital | 435.00M | 407.00M | 538.00M | 324.00M |
| ChangeInOtherCurrentLiabilities | 10.00M | 56.00M | -395.00M | 2.36B |
| ChangeInOtherCurrentAssets | -76.00M | |||
| ChangeInPayablesAndAccruedExpense | 842.00M | 614.00M | -285.00M | 1.23B |
| ChangeInPayable | 842.00M | 614.00M | -285.00M | 1.23B |
| ChangeInPrepaidAssets | -183.00M | -241.00M | 137.00M | -1.03B |
| ChangeInInventory | 121.00M | -158.00M | -318.00M | |
| ChangeInReceivables | 432.00M | -126.00M | -7.00M | -728.00M |
| OtherNonCashItems | -332.00M | 163.00M | -50.00M | -227.00M |
| UnrealizedGainLossOnInvestmentSecurities | -1.21B | 323.00M | -1.28B | 874.00M |
| AssetImpairmentCharge | 20.00M | 337.00M | ||
| DeferredTax | 1.11B | 1.16B | 980.00M | 591.00M |
| DeferredIncomeTax | 1.11B | 1.16B | 980.00M | 591.00M |
| DepreciationAmortizationDepletion | 2.44B | 2.51B | 2.34B | 2.11B |
| DepreciationAndAmortization | 2.44B | 2.51B | 2.34B | 2.11B |
| OperatingGainsLosses | -210.00M | -296.00M | -121.00M | -453.00M |
| PensionAndEmployeeBenefitExpense | -210.00M | -296.00M | -121.00M | -453.00M |
| NetIncomeFromContinuingOperations | 5.00B | 3.46B | 4.61B | 1.32B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for DAL
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|