Delta Air Lines (DAL) | Financial Analysis & Statements

Delta Air Lines Inc. | Large-cap | Industrials

$50.00

-1.69%

Delta Air Lines vs United Airlines Delta Air Lines vs Southwest Airlines Delta Air Lines vs American Airlines Delta Air Lines vs Alaska Air Delta Air Lines vs Copa Holdings S.A Delta Air Lines vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 61.6B

Gross Profit 16.6B 26.86%

Operating Income 6.0B 9.73%

Net Income 3.5B 5.61%

EPS (Diluted) $5.33

Balance Sheet Metrics

Total Assets 75.4B

Total Liabilities 60.1B

Shareholders Equity 15.3B

Debt to Equity 3.93

Cash Flow Metrics

Operating Cash Flow 7.6B

Free Cash Flow 2.9B

Revenue & Profitability Trend

Delta Air Lines Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	61.6B	58.0B	50.6B	29.9B	17.1B
Cost of Goods Sold	45.1B	43.9B	40.0B	27.8B	21.5B
Gross Profit	16.6B	14.1B	10.6B	2.1B	-4.4B
Operating Expenses	10.6B	8.9B	6.6B	-204.0M	-337.0M
Operating Income	6.0B	5.3B	4.0B	2.3B	-4.0B
Pre-tax Income	4.7B	5.6B	1.9B	398.0M	-15.6B
Income Tax	1.2B	999.0M	596.0M	118.0M	-3.2B
Net Income	3.5B	4.6B	1.3B	280.0M	-12.4B
EPS (Diluted)	$5.33	$7.17	$2.06	$0.44	-$19.49

Income Statement Trend

Delta Air Lines Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	9.8B	10.3B	13.0B	15.9B	17.4B
Non-Current Assets	65.5B	63.4B	59.3B	56.5B	54.6B
Total Assets	75.4B	73.6B	72.3B	72.5B	72.0B
Liabilities
Current Liabilities	26.7B	26.4B	25.9B	21.0B	15.9B
Non-Current Liabilities	33.4B	36.1B	39.8B	47.6B	54.5B
Total Liabilities	60.1B	62.5B	65.7B	68.6B	70.5B
Equity
Total Shareholders Equity	15.3B	11.1B	6.6B	3.9B	1.5B

Balance Sheet Composition

Delta Air Lines Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	3.5B	4.6B	1.3B	280.0M	-12.4B
Operating Cash Flow	7.6B	8.1B	5.6B	3.3B	-7.4B
Investing Activities
Capital Expenditures	-5.1B	-5.3B	-6.4B	-3.2B	-1.4B
Investing Cash Flow	-3.7B	-3.1B	-6.9B	-898.0M	-9.2B
Financing Activities
Dividends Paid	-321.0M	-128.0M	0	0	-260.0M
Financing Cash Flow	-4.3B	-3.4B	-4.5B	-3.9B	22.6B
Free Cash Flow	2.9B	1.1B	-3.0M	17.0M	-5.7B

Cash Flow Trend

Delta Air Lines Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 8.72

Forward P/E 7.00

Price to Book 2.06

Price to Sales 0.52

PEG Ratio 7.00

Profitability Ratios

Profit Margin 5.91%

Operating Margin 3.93%

Return on Equity 27.52%

Return on Assets 4.74%

Financial Health

Current Ratio 0.38

Debt to Equity 151.36

Beta 1.51

Per Share Data

EPS (TTM) $5.64

Book Value per Share $23.82

Revenue per Share $96.47

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
dal	32.1B	8.72	2.06	27.52%	5.91%	151.36
United Airlines	25.8B	7.19	2.05	33.57%	6.34%	260.98
Southwest Airlines	18.2B	35.82	1.94	5.59%	1.98%	85.37
American Airlines	7.3B	11.06	-1.59	-21.27%	1.26%	-8.12
Alaska Air	5.8B	17.17	1.42	8.90%	2.86%	151.70
Copa Holdings S.A	4.2B	7.01	1.71	26.06%	17.64%	78.15

Financial data is updated regularly. All figures are in the company's reporting currency.