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    D

    Delta Air Lines Inc (DAL)

    Official site

    INDUSTRIALS • AIRLINES • NYSE

    $78.08
    +1.43 (+1.87%)

    Market Cap: $51.37B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    73%(29/40)
    Avg Surprise
    +7.82%

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$1.62
    Range$0.95 - $2.64
    23 analysts
    Revenue Consensus
    $21.1B
    Range$17.9B - $23.1B
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.62---
    Sep 26
    Reported Oct 9
    		$1.72$1.80-4.44%Miss+0.6%
    Jun 26
    Reported Jul 9
    		$1.56$1.51+3.31%Beat-25.7%
    Mar 26
    Reported Apr 8
    		$0.64$0.57+12.28%Beat+39.1%
    Dec 25
    Reported Jan 13
    		$1.55$1.55+0.00%Beat-16.2%
    Sep 25
    Reported Oct 9
    		$1.71$1.53+11.76%Beat+14.0%
    Jun 25
    Reported Jul 10
    		$2.10$2.06+1.94%Beat-11.0%
    Mar 25
    Reported Apr 9
    		$0.46$0.39+17.95%Beat+2.2%
    Dec 24
    Reported Jan 10
    		$1.85$1.74+6.32%Beat+44.5%
    Sep 24
    Reported Oct 10
    		$1.50$1.52-1.32%Miss-26.1%
    Jun 24
    Reported Jul 11
    		$2.36$2.38-0.84%Miss-11.9%
    Mar 24
    Reported Apr 10
    		$0.45$0.36+25.00%Beat+80.0%
    Dec 23
    Reported Jan 12
    		$1.28$1.16+10.34%Beat-13.5%
    Sep 23
    Reported Oct 12
    		$2.03$1.95+4.10%Beat+34.4%
    Jun 23
    Reported Jul 13
    		$2.68$2.40+11.67%Beat+86.1%
    Mar 23
    Reported Apr 13
    		$0.25$0.29-13.79%Miss+120.3%
    Dec 22
    Reported Jan 13
    		$1.48$1.32+12.12%Beat+572.7%
    Sep 22
    Reported Oct 13
    		$1.51$1.53-1.31%Miss+403.3%
    Jun 22
    Reported Jul 13
    		$1.44$1.72-16.28%Miss+234.6%
    Mar 22
    Reported Apr 13
    		$-1.23$-1.27+3.15%Beat+65.4%
    Dec 21
    Reported Jan 13
    		$0.22$0.15+46.67%Beat+108.7%
    Sep 21
    Reported Oct 13
    		$0.30$0.15+100.00%Beat+109.1%
    Jun 21
    Reported Jul 14
    		$-1.07$-1.39+23.02%Beat+75.8%
    Mar 21
    Reported Apr 15
    		$-3.55$-3.17-11.99%Miss-596.1%
    Dec 20
    Reported Jan 14
    		$-2.53$-2.45-3.27%Miss-248.8%
    Sep 20
    Reported Oct 13
    		$-3.30$-2.96-11.49%Miss-242.2%
    Jun 20
    Reported Jul 14
    		$-4.43$-4.16-6.49%Miss-288.5%
    Mar 20
    Reported Apr 22
    		$-0.51$-0.82+37.80%Beat-153.1%
    Dec 19
    Reported Jan 14
    		$1.70$1.39+22.30%Beat+30.8%
    Sep 19
    Reported Oct 10
    		$2.32$2.27+2.20%Beat+28.9%
    Jun 19
    Reported Jul 11
    		$2.35$2.28+3.07%Beat+32.8%
    Mar 19
    Reported Apr 10
    		$0.96$0.91+5.49%Beat+29.7%
    Dec 18
    Reported Jan 15
    		$1.30$1.26+3.17%Beat+35.4%
    Sep 18
    Reported Oct 11
    		$1.80$1.74+3.45%Beat+14.6%
    Jun 18
    Reported Jul 12
    		$1.77$1.72+2.91%Beat+7.9%
    Mar 18
    Reported Apr 12
    		$0.74$0.73+1.37%Beat-3.9%
    Dec 17
    Reported Jan 11
    		$0.96$0.88+9.09%Beat+17.1%
    Sep 17
    Reported Oct 11
    		$1.57$1.53+2.61%Beat-
    Jun 17
    Reported Jul 13
    		$1.64$1.67-1.80%Miss-
    Mar 17
    Reported Apr 12
    		$0.77$0.75+2.67%Beat-
    Dec 16
    Reported Jan 12
    		$0.82$0.82+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.10%
    Forward Annual Dividend$0.86
    Payout Ratio8.16%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Jul, Nov
    DAL dividend history and ex-dividend datesRun DAL in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio14.27EV/EBITDA8.13x
    Price/FCF17.00xFCF Yield5.88%
    Profitability
    Profit Margin4.58%Operating Margin7.22%
    ROE15.90%ROIC10.26%
    Financial Health
    Debt/Equity0.62xInterest Coverage265.00x
    Current Ratio0.40xQuick Ratio0.32x
    Trading Statistics
    Beta1.34Avg Volume8.23M
    52-Week High$95.1852-Week Low$54.45

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$81.25
    SMA 20$82.22
    SMA 50$82.64
    SMA 200$76.03
    EMA 10$80.41
    EMA 20$81.26
    EMA 50$82.17
    EMA 200$76.27

    MACD

    Line: -0.84Signal: -0.22Hist: -0.62

    ADX

    ADX: 17.4+DI: 13.3-DI: 28.8

    Aroon & PSAR

    Aroon Up64.0
    Aroon Down100.0
    PSAR$83.72

    Bollinger Bands

    Upper Band$86.81
    Lower Band$77.64
    %B Position1114%(Upper)
    Band Width0.05

    RSI (14-Day)

    Neutral
    38.8

    Momentum Oscillators

    Stoch %K14.3
    Stoch %D16.2
    Williams %R-76.1
    ROC (10d)-7.2%
    Momentum-6.05
    CCI (20d)-181.3
    MFI (14d)28.3

    Volatility Measures

    ATR (14d)$2.48(3.2%)
    StdDev (20d)2.29
    Hist Vol29.1%(Moderate)

    Volume Flow

    VWAP$77.25
    OBV186.5M
    AD Line-1.7B
    CMF (20d)0.117

    Volume Metrics

    Avg Vol (20d)8.4M
    Vol Ratio0.8x
    VWMA (20d)$82.02

    Pivot Points

    R3$80.57
    R2$79.58
    R1$78.11
    Pivot Point$77.12
    S1$75.65
    S2$74.66
    S3$73.19

    Advanced Oscillators

    TSI-10.01
    Ultimate Osc53.7
    KST5.04

    Financial Data

    QuarterSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$20.19B$19.76B$15.85B$16.00B$16.67B$16.65B$14.04B$15.56B$15.68B$16.66B$13.75B$14.22B
    Cost of Revenue$14.56B$13.74B$12.11B$10.79B$11.07B$10.49B$10.37B$10.03B$10.42B$10.46B$9.87B$9.94B
    Gross Profit$5.62B$6.01B$3.75B$5.21B$5.60B$6.16B$3.67B$5.53B$5.25B$6.20B$3.88B$4.28B
    Operating Expenses$4.17B$4.15B$3.25B$3.74B$3.92B$4.06B$3.10B$3.81B$3.86B$3.94B$3.26B$2.96B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.91B$1.95B$1.86B$1.70B$1.78B$1.83B$1.82B$1.68B$1.79B$1.66B$1.56B$1.60B
    Operating Income$1.45B$1.86B$501.00M$1.47B$1.68B$2.10B$569.00M$1.72B$1.40B$2.27B$614.00M$1.32B
    Interest Income$-146,000,000$-144,000,000$-151,000,000$-157,000,000$-171,000,000$-172,000,000$-179,000,000$-181,000,000$-173,000,000$-188,000,000$-205,000,000$0
    Interest Expense$-2,000,000$1.00M$4.00M$0$6.00M$20.00M$0$3.00M$0$32.00M$4.00M$-228,000,000
    Income Before Tax$1.07B$2.01B$-214,000,000$1.51B$1.78B$2.57B$320.00M$1.20B$1.56B$1.77B$122.00M$2.28B
    Income Tax Expense$318.00M$405.00M$75.00M$296.00M$360.00M$444.00M$80.00M$359.00M$289.00M$468.00M$85.00M$239.00M
    Net Income$756.00M$1.60B$-289,000,000$1.22B$1.42B$2.13B$240.00M$843.00M$1.27B$1.30B$37.00M$2.04B
    EBITDA$1.89B$2.81B$576.00M$2.29B$2.57B$3.37B$1.11B$2.02B$2.38B$2.61B$946.00M$3.09B
    EBIT$1.22B$2.15B$-59,000,000$1.67B$1.95B$2.77B$499.00M$1.39B$1.73B$1.99B$331.00M$2.48B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $14.61M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    -27.6%
    Active Awards
    53
    New Awards (TTM)
    47
    Avg Remaining Term
    2.1 mo

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    HTC71126F1760Department of DefenseUSTRANSCOM$950000Mar 6, 2026
    HTC71125F7742Department of DefenseUSTRANSCOM$908750Nov 1, 2024
    HTC71125F7876Department of DefenseUSTRANSCOM$820074Dec 1, 2024
    HTC71125F7999Department of DefenseUSTRANSCOM$801971Mar 1, 2025
    HTC71125F7962Department of DefenseUSTRANSCOM$788969Feb 1, 2025
    HTC71125F7923Department of DefenseUSTRANSCOM$758579Jan 1, 2025
    HTC71125F8270Department of DefenseUSTRANSCOM$756804Aug 1, 2025
    HTC71125F8192Department of DefenseUSTRANSCOM$704530Jul 1, 2025
    HTC71125F7723Department of DefenseUSTRANSCOM$648178Oct 1, 2024
    HTC71125F8100Department of DefenseUSTRANSCOM$609294May 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Delta Air Lines Inc (DAL) Shares Fall 3.5% -- GF Value Says Stil

    Delta Air Lines Inc (DAL) shares fell 3.5% to $75.37, yet GuruFocus's GF Value indicates the stock is still overvalued by 16% compared to its estimated fair value of $65.00. Despite strong overall fundamentals with a GF...

    GuruFocus•10/16/26•Bearish

    Delta Air Lines Cancels All Flights To 8 Destinations: See Full List Now

    Delta Air Lines has cut flights to eight destinations since 2025, including international locations like Papeete, London Gatwick, and Geneva, and domestic routes such as Midland, Williston Basin...

    Simple Flying•10/16/26•Somewhat-Bearish

    FAA set to approve 737 MAX 10 as soon as next week

    The Federal Aviation Administration (FAA) is expected to approve the Boeing 737 MAX 10 as early as next week, following the completion of a crucial safety review. This approval marks a significant milestone for Boeing...

    Reuters•10/16/26•Somewhat-Bullish

    Delta Air Lines Announces New Boeing 757-200 Flights Between Boston & Reykjavík

    Delta Air Lines is launching a new daily nonstop service between Boston Logan International Airport (BOS) and Keflavik International Airport (KEF) in Reykjavík, Iceland, beginning April 12, 2027. This seasonal route...

    Simple Flying•10/16/26•Bullish

    Delta Air Lines Inc. stock underperforms Friday when compared to competitors

    Delta Air Lines Inc. (DAL) shares fell 3.47% to $75.37 on Friday, underperforming the broader stock market, which saw the S&P 500 Index decline by 1.09% and the Dow Jones Industrial Average by 0.34%. The company's stock...

    MarketWatch•10/16/26•Bearish

    DAL Valuation and Fair Value

    P/E
    14.3x
    Forward P/E
    9.2x
    EV/EBITDA
    8.1x
    P/FCF
    17.0x
    PEG
    39.3x
    P/B
    2.3x
    See GNG's fair value

    DAL Profitability: Margins, ROIC and FCF

    Gross margin
    28.7%
    Operating margin
    7.2%
    Net margin
    4.6%
    ROIC
    10.3%
    ROE
    15.9%
    FCF margin
    4.2%
    FCF yield
    5.9%

    DAL Competitors

    CompanyTicker
    Comfort Systems USA IncFIX
    Honeywell Aerospace IncHONA
    Ametek IncAME
    Westinghouse Air Brake Technologies CorpWAB
    Fastenal CompanyFAST
    Rockwell Automation IncROK
    PACCAR IncPCAR
    Thomson Reuters Corporation Common SharesTRI

    Sector: Industrials

    DAL Analyst Ratings

    Consensus
    Buy
    Analysts
    25
    Strong Buy
    5
    Buy
    19
    Hold
    0
    Sell
    0
    Strong Sell
    1

    DAL Bull Case vs Bear Case

    Bull case

    • DAL beat EPS estimates in 75.0% of its last 8 reported quarters.
    • DAL grew quarterly revenue 21.1% year over year.
    • 96.0% of DAL's analyst ratings are Buy or Strong Buy.

    DAL Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    6.1%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $1.62

    DAL Dividend

    Forward yield
    1.1%
    Payout ratio
    8.2%
    Pay months
    Mar, Jun, Jul, Nov
    DAL dividend history

    Frequently Asked Questions About DAL

    What is DAL's current dividend yield?

    Delta Air Lines Inc (DAL) has a forward dividend yield of 1.10%.

    Does DAL pay dividends?

    Yes, Delta Air Lines Inc pays dividends with a forward dividend yield of 1.10%.

    What is DAL's P/E ratio?

    Delta Air Lines Inc has a price-to-earnings (P/E) ratio of 14.27.

    What is DAL's market cap?

    Delta Air Lines Inc (DAL) has a market capitalization of $51.37B with a current stock price of $78.08.

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