Other

Fair value of long-term debt

Delta Air Lines Fair value of long-term debt decreased by 1.5% to $13.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.6%, from $15.10B to $13.20B. Over 4 years (FY 2021 to FY 2025), Fair value of long-term debt shows a downward trend with a -16.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

When fair value is significantly lower than carrying value, it often indicates that market interest rates have risen since the debt was issued.

Detailed definition

The estimated market value of the company's long-term debt obligations if they were to be traded or settled at current m...

Peer comparison

Commonly disclosed by all capital-intensive utilities to show the impact of interest rate fluctuations on debt portfolios.

Metric ID: other_long_term_debt_fair_value

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$26.90B$24.20B$22.20B$20.50B$20.70B$19.90B$18.30B$17.30B$18.40B$18.00B$16.70B$16.60B$15.30B$15.10B$14.30B$14.20B$13.40B$13.20B
QoQ Change-10.0%-8.3%-7.7%+1.0%-3.9%-8.0%-5.5%+6.4%-2.2%-7.2%-0.6%-7.8%-1.3%-5.3%-0.7%-5.6%-1.5%
YoY Change-23.0%-17.8%-17.6%-15.6%-11.1%-9.5%-8.7%-4.0%-16.8%-16.1%-14.4%-14.5%-12.4%-12.6%
Range$13.20B$26.90B
CAGR-15.4%
Avg YoY Growth-13.9%
Median YoY Growth-14.4%
Current Streak9 quarters decline

Frequently Asked Questions

What is Delta Air Lines's fair value of long-term debt?
Delta Air Lines (DAL) reported fair value of long-term debt of $13.20B in Q1 2026.
How has Delta Air Lines's fair value of long-term debt changed year-over-year?
Delta Air Lines's fair value of long-term debt decreased by 12.6% year-over-year, from $15.10B to $13.20B.
What is the long-term trend for Delta Air Lines's fair value of long-term debt?
Over 4 years (2021 to 2025), Delta Air Lines's fair value of long-term debt has grown at a -16.0% compound annual growth rate (CAGR), from $26.90B to $13.40B.
What does fair value of long-term debt mean?
The current market price of the company's long-term debt if it were bought or sold today.