Delta Air Lines, Inc.

Delta Air Lines, Inc.

DAL

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Market Cap$55.31B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Delta Air Lines, Inc.Delta Air Lines, Inc.12.20.89%22%0.90.9

Earnings Call Q1 2026

April 8, 2026 - AI Summary

Strong Financial Performance: Delta reported earnings per share of $0.64 for the March quarter 2026, a 40% increase year-over-year, driven by record revenue of $14.2 billion, reflecting a 9.4% growth compared to the previous year. The company achieved a pretax profit of $530 million and generated $1.2 billion in free cash flow.
Revenue Growth Expectations: Delta anticipates low-teens revenue growth in the June quarter while maintaining flat capacity growth compared to the same period last year. This is supported by strong demand dynamics, with cash sales increasing double digits in March and continuing into April.
Challenges with Fuel Costs: Higher jet fuel prices, averaging $4.30 per gallon in the June quarter (approximately double the price from last year), pose significant challenges, with over $2 billion in additional fuel expenses expected. Delta aims to recapture 40% to 50% of this fuel headwind through pricing strategies.

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$91.00

Target Price by Analysts

5.9% upsideDelta Air Lines Target Price DetailsTarget Price
$135.84

Current Fair Value

58.1% upside

Undervalued by 58.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$55.31 Billion
Enterprise Value$69.43 Billion
Dividend Yield$0.75 (0.89%)
Earnings per Share$7.72
Beta1.31
Outstanding Shares652,000,000

Return

Return on Equity21.97%ROE
Return on Assets5.30%
Return on Invested Capital9.15%

Valuation & Multiples

P/E Ratio12.16P/E Ratio
PEG-5.52PEG
Price to Sales0.87Price to Sales
Price to Book Ratio2.77Price to Book Ratio
Enterprise Value to Revenue1.07
Enterprise Value to EBIT14.67
Enterprise Value to Net Income15
Total Debt to Enterprise0.28
Debt to Equity0.94Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 8, 2026
EPS Estimate
$0.58
Average shareholder expectation
Revenue Estimate
$14.05 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 9, 2026
EPS Estimate
$1.49
Average shareholder expectation
Revenue Estimate
$17.43 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8506 14.63%
Total Calls26,314,199 8.86%
Total Puts22,381,792 7.11%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %89.03% 3.24%
Total Invested$38.56B 0.01%
Investors Holding1,419 18.00%

ESG Score

No data

About Delta Air Lines, Inc.

Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Powered by its employees around the world, Delta has for a decade led the airline industry in operational excellence while maintaining its reputation for award-winning customer service.

Relevant Senate Committees

Joint Committee on Taxation

Provides critical analysis and official scoring for all tax legislation, directly shaping corporate tax policy and financial implications for Delta.

Finance

Directly controls tax policy and international trade, profoundly impacting a global airline's profitability, international operations, and costs (e.g., through tariffs on aircraft or parts).

Appropriations

Directly controls federal funding for air traffic control, airport infrastructure, security, and government travel, significantly impacting airline operations and revenue.

Health, Education, Labor, and Pensions

Directly impacts labor laws, union regulations, and workforce costs, which are significant for airlines with large workforces like Delta.

Judiciary

Direct oversight of antitrust laws and enforcement, which critically impacts airline mergers, acquisitions, and competitive practices within the industry.

Banking, Housing, and Urban Affairs

Directly regulates the financial industry, impacting airline financing, credit markets, and partnerships (e.g., co-branded credit cards), crucial for Delta's operations.

Commerce, Science, and Transportation

Primary regulator for the airline industry, overseeing the FAA, air traffic control, safety, interstate commerce, and consumer protection for air travel.

Energy and Natural Resources

Directly impacts national energy policy, which determines fuel supply and pricing, a major operating cost for airlines like Delta.

Foreign Relations

Directly shapes foreign policy, treaties, and sanctions which significantly impact international routes, fuel costs, and overall demand for a global airline such as Delta.

Homeland Security and Governmental Affairs

Direct oversight of national security and government operations, including airport security protocols (TSA) and federal travel contracts critical for airlines like Delta.