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. In the quarter to September 2026, revenue grew 21.1%, EPS fell 47.3%, free cash flow fell 56.4% and total debt fell 13.6%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five, operating cash flow growth for five.
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Delta Air Lines, Inc. (DAL) P/E ratio
As of 16 October 2026, Delta Air Lines, Inc. (DAL) trades at a P/E ratio of 15.0×. Over the past ten years it has ranged from 0.0× (December 2021) to 299× (December 2022); the current reading is higher than 82% of that period. That is above the Airlines industry median of 9.0× and below the Industrials sector median of 24.7×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 9.0× | (19.81%) |
| FY2024 | 11.2× | 100.07% |
| FY2023 | 5.6× | (64.56%) |
| FY2022 | 15.8× | (82.58%) |
| FY2021 | 90.9× | — |
| FY2020 | 0.0× | — |
| FY2019 | 8.0× | (9.75%) |
| FY2018 | 8.8× | (28.79%) |
| FY2017 | 12.4× | 39.69% |
| FY2016 | 8.9× | (0.51%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 16.6× | 7.32% |
| Jun 2026 | 15.4× | 60.15% |
| Mar 2026 | 9.6× | 7.04% |
| Dec 2025 | 9.0× | 13.25% |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ZNH China Southern Airlines Company Limited compare | n/m |
| AAL American Airlines Group Inc. compare | n/m |
| ALK Alaska Air Group, Inc. compare | n/m |
| RYAAY Ryanair Holdings PLC compare | 5.3× |
| LTM LATAM Airlines Group S.A. compare | 8.7× |
| CPA Copa Holdings, S.A. compare | 8.7× |
| UAL United Airlines Holdings Inc compare | 9.0× |
| DAL Delta Air Lines, Inc. | 15.0× |
| LUV Southwest Airlines Co. compare | 23.8× |
| Airlines industry median | 9.0× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on DAL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement