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Friday 6 November 2026 Export DAL’s income statement to Excel — free account

Delta Air Lines, Inc.

DAL Industrials Airlines

Delta Air Lines, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $63.4 billion, up 2.79% from fiscal 2024.

Revenue
+21.1%
EPS
−47.3%
Free cash flow
−56.4%
Total debt
−13.6%

Quarter to September 2026, against a year earlier

85.67 3.57 −4.00%
Market cap
$56.2B
P/E
17.0×
Fwd P/E
16.2×
Dividend yield
0.94%
F-score
6/9
Altman Z
1.45
Beneish M
−2.73
Dividend safety
78/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Delta Air Lines, Inc. (DAL) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Delta Air Lines, Inc. (DAL) trades at a EV/FCF of 21.6×. Over the past ten years it has ranged from −13,984× (February 2023) to 2,582× (February 2022); the current reading is higher than 61% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 14.3× (20.78%)
FY2024 18.0× (51.16%)
FY2023 36.8× —
FY2022 −12,434× —
FY2021 2,380× —
FY2020 −7.3× —
FY2019 13.3× (96.67%)
FY2018 399× 859.88%
FY2017 41.6× 285.36%
FY2016 10.8× 18.63%

Quarterly newest first

Period EV/FCF Change
Sep 2026 21.1× 1.95%
Jun 2026 20.7× 54.63%
Mar 2026 13.4× (6.14%)
Dec 2025 14.3× (8.57%)
43 more quarters

Against its own ten years

Low −13,984× High 2,582×
Ten-year median 16.8×
Current reading's percentile 49

EV/FCF against peers

Company EV/FCF
AAL American Airlines Group Inc. compare −323×
ALK Alaska Air Group, Inc. compare −12.6×
LTM LATAM Airlines Group S.A. compare 8.6×
RYAAY Ryanair Holdings PLC compare 15.7×
DAL Delta Air Lines, Inc. 21.6×
SKYW SkyWest, Inc. compare 35.9×
CPA Copa Holdings, S.A. compare 38.6×
UAL United Airlines Holdings Inc compare 39.6×
LUV Southwest Airlines Co. compare 136×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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