Pricing Log in Create free account
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Delta Air Lines, Inc. (DAL) trades at a price to free cash flow of 18.6×. Over the past ten years it has ranged from 0.0× (March 2023) to 1,664× (February 2022); the current reading is higher than 63% of that period. That is in line with the Airlines industry median of 18.0× and below the Industrials sector median of 19.6×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 11.7× (12.94%)
FY2024 13.4× (40.66%)
FY2023 22.7× —
FY2022 0.0× —
FY2021 1,462× —
FY2020 0.0× —
FY2019 10.9× (96.61%)
FY2018 322× 792.94%
FY2017 36.1× 271.39%
FY2016 9.7× 19.83%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 18.1× 0.70%
Jun 2026 18.0× 62.49%
Mar 2026 11.1× (5.53%)
Dec 2025 11.7× (2.33%)
43 more quarters

Against its own ten years

Low 0.0× High 1,664×
Ten-year median 14.0×
Current reading's percentile 63

Price to free cash flow against peers

Company Price to free cash flow
AAL American Airlines Group Inc. compare n/m
ALK Alaska Air Group, Inc. compare n/m
LTM LATAM Airlines Group S.A. compare 6.4×
RYAAY Ryanair Holdings PLC compare 17.5×
DAL Delta Air Lines, Inc. 18.6×
SKYW SkyWest, Inc. compare 22.7×
UAL United Airlines Holdings Inc compare 29.9×
CPA Copa Holdings, S.A. compare 32.9×
LUV Southwest Airlines Co. compare 123×
Airlines industry median 18.0×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on DAL