DAL - NYSE

Delta Air Lines, Inc.

DAL·NYSE

$78.78

-1.5%

IndustrialsAirlines, Airports & Air Services

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, Minneapolis-St. Paul, Detroit, 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, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$51.76B

EPS7.7200

P/E Ratio10.20

Earnings Date07/09/2026

81.19B

Assets

3Y+12.0%

5Y+13.0%

10Y+58.0%

60.43B

Total Liabilities

3Y-8.0%

5Y-14.0%

10Y+55.0%

20.75B

Total Equity

36%

3Y+215.0%

5Y+1253.0%

10Y+69.0%

Delta Air Lines, Inc. Funding & Solvency Profile

DAL · NYSE

Current Assets

Cash & Cash Equivalents4.31B

Net Receivables2.85B

Inventory1.60B

Other Current Assets2.21B

Total Current Assets11 B

Non-Current Assets

Property, Plant & Equipment45.99B

Goodwill & Intangible Assets15.72B

Long-Term Investments4.22B

Other Non-Current Assets4.29B

Total Non-Current Assets55 B

Total Assets

81.19B

Financial Health Analysis

Current Ratio

0.40x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

2.91x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-16701000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Delta Air Lines, Inc. Balance Sheet

DAL • NYSE

Delta Air Lines, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	4.3B	3.1B	2.7B	3.3B	7.9B	8.3B	2.9B	1.6B	1.8B	2.8B	2B	2.1B	2.8B	2.4B	2.7B	2.9B	4.6B	4.3B	2.9B	2B
Short-Term Investments	0.0	0.0	1.1B	3.3B	3.4B	5.8B	0.0	0.0	825M	487M	1.5B	1.2B	959M	958M	958M	718M	71M	212M	138M	614M
Cash & Short-Term Investments	4.3B	3.1B	3.9B	6.5B	11.3B	14.1B	2.9B	1.6B	2.6B	3.2B	3.4B	3.3B	3.8B	3.4B	3.6B	3.6B	4.7B	4.5B	3B	2.6B
Net Receivables	2.9B	3.2B	3.1B	3.2B	2.4B	1.4B	2.9B	2.3B	2.4B	2.1B	2B	3.2B	1.6B	1.7B	1.6B	1.5B	1.4B	2.6B	1.1B	915M
Accounts Receivables	2.9B	3.2B	3.1B	3.2B	2.4B	1.4B	2.9B	2.3B	2.4B	2.1B	2B	2.3B	1.6B	1.7B	1.6B	1.5B	1.4B	1.4B	1.1B	915M
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	925M	3M	0.0	0.0	0.0	0.0	1.1B	0.0	0.0
Inventory	1.6B	1.4B	1.3B	1.4B	1.1B	732M	1.3B	1.1B	1.3B	891M	697M	852M	1.1B	1B	367M	318M	327M	388M	262M	181M
Prepaids	0.0	0.0	0.0	1.9B	1.1B	1.2B	1.3B	1.4B	1.5B	1.2B	915M	701M	852M	1.3B	1.3B	1.2B	853M	637M	464M	489M
Other Current Assets	2.2B	2.1B	2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2B	1.1B	2.3B	838M	766M	764M	780M	830M	662M	1.2B
Total Current Assets	11B	9.8B	10.3B	13B	15.9B	17.4B	8.2B	6.3B	7.8B	7.5B	9.1B	9.2B	9.7B	8.3B	7.7B	7.3B	8B	9B	5.2B	5.4B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	46B	44.2B	42.5B	40.1B	35.9B	32.3B	36.9B	34.3B	26.6B	24.4B	23B	21.9B	21.9B	20.7B	20.2B	20.3B	20.4B	20.6B	8.1B	13B
Goodwill	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.8B	9.7B	6B	227M
Intangible Assets	6B	6B	6B	6B	6B	6B	5.2B	4.8B	4.8B	4.8B	4.9B	4.6B	4.7B	4.7B	4.8B	4.7B	4.8B	4.9B	2.1B	89M
Goodwill & Intangible Assets	15.7B	15.7B	15.7B	15.7B	15.8B	15.8B	14.9B	14.6B	14.6B	14.6B	14.7B	14.4B	14.5B	14.5B	14.5B	14.5B	14.6B	14.7B	8.2B	316M
Long-Term Investments	4.2B	2.8B	3.5B	2.1B	1.7B	1.7B	2.6B	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
Tax Assets	0.0	0.0	0.0	325M	1.3B	2B	120M	242M	1.4B	3.1B	5B	7.6B	5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	4.3B	2.7B	1.7B	934M	1.8B	2.9B	1.7B	4.7B	3.3B	1.7B	1.4B	926M	1.3B	1.1B	1B	1B	749M	808M	572M	948M
Total Non-Current Assets	70.2B	65.5B	63.4B	59.3B	56.5B	54.6B	56.3B	53.9B	45.9B	43.8B	44.1B	44.8B	42.6B	36.3B	35.8B	35.9B	35.8B	36.1B	27.2B	14.2B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-119M	0.0	0.0	0.0	-4M	0.0	5M	0.0	0.0
Total Assets	81.2B	75.4B	73.6B	72.3B	72.5B	72B	64.5B	60.3B	53.3B	51.3B	53.1B	54B	52.3B	44.6B	43.5B	43.2B	43.5B	45B	24.5B	19.6B
LIABILITIES
CURRENT LIABILITIES
Total Payables	5.2B	4.7B	4.4B	5.1B	4.2B	2.8B	3.3B	3B	3.6B	2.6B	2.7B	2.6B	2.3B	2.9B	2.2B	2.3B	1.8B	2.2B	1.2B	1.4B
Accounts Payable	5.2B	4.7B	4.4B	5.1B	4.2B	2.8B	3.3B	3B	3.6B	2.6B	2.7B	2.6B	2.3B	2.3B	1.6B	1.7B	1.2B	1.6B	839M	936M
Other Payables	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	585M	594M	579M	525M	565M	323M	500M
Accrued Expenses	4.9B	6.6B	6.2B	5.1B	4.2B	3.8B	4.8B	4.4B	4.9B	4.8B	4.5B	4.4B	4.2B	2.8B	2.9B	654M	765M	1.5B	1.1B	670M
Short Term Debt	2.4B	2.2B	3B	2.4B	1.8B	1.7B	2.3B	1.5B	2.2B	1.1B	1.6B	1.2B	1.5B	1.6B	1.9B	2.1B	1.5B	5.8B	3.3B	1.5B
Capital Lease Obligations (Current)	809M	763M	759M	714M	703M	678M	801M	955M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	673M	585M	594M	579M	525M	565M	320M	500M
Deferred Revenue	4.9B	4.3B	3.9B	3.4B	2.7B	1.8B	3.2B	3B	2.8B	1.6B	1.6B	1.6B	1.9B	1.8B	1.8B	5B	4.7B	1.6B	1.1B	0.0
Other Current Liabilities	9.4B	8.2B	8.1B	9.3B	7.3B	5.1B	5.9B	5.7B	5.4B	5.1B	7.1B	7.1B	4.3B	4.2B	3.8B	1.4B	1B	0.0	0.0	2.2B
Total Current Liabilities	27.7B	26.7B	26.4B	25.9B	21B	15.9B	20.2B	18.6B	19B	15.2B	17.5B	16.8B	14.2B	13.3B	12.7B	11.4B	9.8B	11.1B	6.6B	5.8B
NON-CURRENT LIABILITIES
Long Term Debt	12.5B	14B	17.1B	20.7B	25.1B	27.4B	8.9B	8.3B	6.6B	6.2B	6.8B	8.5B	9.8B	11.1B	11.8B	13.2B	15.7B	15.4B	8B	6.5B
Deferred Revenue (Non-Current)	4.4B	4.5B	4.5B	4.4B	4.8B	5.4B	3.5B	3.7B	3.6B	2.3B	2.2B	2.6B	2.6B	2.6B	2.7B	2.8B	3.2B	3.5B	2.3B	346M
Deferred Tax Liabilities (Non-Current)	3.4B	2.2B	908M	24M	0.0	0.0	1.5B	163M	0.0	0.0	0.0	0.0	0.0	2B	2B	1.9B	1.9B	2B	855M	406M
Other Non-Current Liabilities	7.2B	6.9B	7.2B	7.8B	10.6B	16B	9.8B	10.1B	12B	15.3B	15.7B	17.3B	14.1B	17.7B	15.6B	13B	13B	12.2B	4.6B	20.2B
Total Non-Current Liabilities	32.8B	33.4B	36.1B	39.8B	47.6B	54.5B	29B	28B	22.2B	23.7B	24.8B	28.3B	26.5B	33.4B	32.2B	30.9B	33.7B	33.1B	15.7B	27.4B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-119M	0.0	0.0	0.0	282M	0.0	31M	0.0	0.0
Capital Lease Obligations	6.2B	6.6B	7.2B	7.6B	7.8B	6.4B	6.1B	6.7B	394M	202M	383M	398M	497M	0.0	0.0	0.0	0.0	0.0	127M	0.0
Total Liabilities	60.4B	60.1B	62.5B	65.7B	68.6B	70.5B	49.2B	46.6B	41.1B	39B	42.3B	45.2B	40.6B	46.7B	44.9B	42.3B	43.5B	44.2B	22.3B	33.2B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	-251M	-341M	-313M	-282M	-259M	-236M	-198M	-158M	-274M	-373M	-313M	-258M	-234M	-231M	-199M	-174M	-152M	-148M	-224M
Common Stock	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	0.0	0.0	2M	2M
Additional Paid-In Capital	0.0	11.7B	11.6B	11.5B	11.4B	11.3B	11.1B	11.7B	12.1B	12.3B	12.9B	13B	14B	14.1B	14B	13.9B	13.8B	13.7B	9.5B	1.6B
Retained Earnings	13.3B	8.8B	5.7B	1.2B	-148M	-428M	12.5B	10B	9.6B	7.9B	7.6B	3.5B	3B	-7.4B	-8.4B	-9.3B	-9.8B	-8.6B	342M	-14.4B
Accumulated Other Comprehensive Income/Loss	-4.1B	-5B	-5.8B	-5.8B	-7.1B	-9B	-8B	-7.8B	-7.6B	-7.6B	-7.3B	-7.3B	-5.1B	-8.6B	-6.8B	-3.6B	-3.6B	-4.1B	-202M	-518M
Other Total Stockholders' Equity	11.6B	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	0.0	0.0	0.0
Total Stockholders' Equity	20.8B	15.3B	11.1B	6.6B	3.9B	1.5B	15.4B	13.7B	12.5B	12.3B	10.9B	8.8B	11.6B	-2.1B	-1.4B	897M	245M	874M	10.1B	-13.6B
Total Equity	20.8B	15.3B	11.1B	6.6B	3.9B	1.5B	15.4B	13.7B	12.5B	12.3B	10.9B	8.8B	11.6B	-2.1B	-1.4B	897M	245M	874M	10.1B	-13.6B
SUMMARY
Total Liabilities & Equity	81.2B	75.4B	73.6B	72.3B	72.5B	72B	64.5B	60.3B	53.7B	51.3B	53.1B	54B	52.3B	44.6B	43.5B	43.2B	43.8B	45.1B	32.4B	19.6B
Total Investments	4.2B	2.8B	4.6B	5.4B	5.1B	7.5B	2.6B	0.0	825M	487M	1.5B	1.2B	959M	958M	958M	718M	71M	212M	138M	614M
Total Debt	21.1B	22.8B	27.3B	30.6B	34.7B	35.5B	17.3B	16.5B	8.8B	7.3B	8.3B	9.8B	11.3B	12.7B	13.8B	15.3B	20.4B	21.1B	7.1B	8B
Net Debt	16.8B	19.7B	24.5B	27.3B	26.7B	27.2B	14.4B	15B	7B	4.6B	6.4B	7.6B	8.5B	10.3B	11.1B	12.4B	12.6B	16.9B	8.6B	6B
Shares Outstanding	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768	652,962,768

SEC Filings

DAL - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	April 24, 2026	June 18, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 08, 2026	April 08, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 17, 2026	March 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 05, 2026	February 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 13, 2026	February 11, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 11, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 27, 2026	January 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 13, 2026	January 12, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 17, 2025	December 11, 2025	2025	View Filing

Showing 1 to 10 of 754 filings

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