Delta Air Lines, Inc. DAL
84.94
2.18
2.63%
as of 25 Sep
- Market cap
- $54.8B
- P/E
- 14.0×
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Delta Air Lines, Inc. (DAL) P/B ratio
As of 25 September 2026, Delta Air Lines, Inc. (DAL) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.9× (May 2020) to 68.2× (April 2021); the current reading is higher than 32% of that period. That is above the Airlines industry median of 2.1× and above the Industrials sector median of 2.4×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.2× | (14.95%) |
| FY2024 | 2.5× | 8.94% |
| FY2023 | 2.3× | (26.36%) |
| FY2022 | 3.2× | (50.57%) |
| FY2021 | 6.4× | (61.64%) |
| FY2020 | 16.7× | 572.52% |
| FY2019 | 2.5× | (1.60%) |
| FY2018 | 2.5× | (22.73%) |
| FY2017 | 3.3× | 7.81% |
| FY2016 | 3.0× | (18.78%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.8× | 31.99% |
| Mar 2026 | 2.1× | (1.36%) |
| Dec 2025 | 2.2× | 10.21% |
| Sep 2025 | 2.0× | 6.92% |
| 42 more quarters | Free account |
Against its own ten years
Low 0.9×
High 68.2×
Ten-year median
2.9×
Current reading's percentile
32
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| AAL American Airlines Group Inc. compare | n/m |
| ALK Alaska Air Group, Inc. compare | 1.2× |
| ZNH China Southern Airlines Company Limited compare | 1.3× |
| CPA Copa Holdings, S.A. compare | 1.9× |
| UAL United Airlines Holdings Inc compare | 2.2× |
| DAL Delta Air Lines, Inc. | 2.5× |
| RYAAY Ryanair Holdings PLC compare | 2.6× |
| LUV Southwest Airlines Co. compare | 2.9× |
| LTM LATAM Airlines Group S.A. compare | 7.6× |
| Airlines industry median | 2.1× |
| Industrials sector median | 2.4× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on DAL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement