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Delta Air Lines DAL Aircraft fuel

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Segments

By segment

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Airline$4.11B+67.2%

Other financials

Income statement

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Revenue$19.8B+18.7%
Operating income$1.9B-11.3%
Net income$1.6B-24.7%
EPS (diluted)$2.44-25.4%

Balance sheet

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Cash & equivalents$4.8B+35.3%
Total debt$18.9B-8.1%
Total equity$21.8B+25.1%
Total assets$86.3B+10.1%

Cash flow

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Operating cash flow$1.6B-14.1%

Valuation

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Market cap$60.49B+71.2%
Enterprise value$74.65B+25.8%
P/E15.3×+7.4×
P/S0.9×+0.3×

Profitability

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Operating margin8.1%-1.3pp
Net margin5.8%-1.5pp

Returns & leverage

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Return on equity20.1%-9.9pp
Debt / equity-0.4×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Delta Air Lines in its filing.

Tagged under the XBRL concept us-gaap:FuelCosts.

The source filing: Delta Air Lines’s 10-Q, filed July 10, 2026.

Filed
Jul 10, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000027904-26-000031
(in millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total operating revenue19,75716,64835,61130,688
Operating Expense:
Salaries and related costs4,7624,4029,3028,485
Aircraft fuel and related taxes4,1092,4586,8514,869
Refinery expense2,0911,1413,7452,203
Contracted services1,2631,1552,4522,276
Landing fees and other rents9788781,8911,729
Aircraft maintenance materials and outside repairs6895911,3971,237

Item 1. Financial Statements

FAQ

What is Delta Air Lines's aircraft fuel?
Delta Air Lines (DAL) reported aircraft fuel of $4.11B in Q2 2026.
How has Delta Air Lines's aircraft fuel changed year-over-year?
Delta Air Lines's aircraft fuel increased by 67.2% year-over-year, from $2.46B to $4.11B.
What is the long-term trend for Delta Air Lines's aircraft fuel?
Over 4 years (2021 to 2025), Delta Air Lines's aircraft fuel has grown at a 14.9% compound annual growth rate (CAGR), from $5.63B to $9.82B.
What does aircraft fuel mean?
This metric represents the total expenditure on aviation fuel, including related taxes, hedging impacts, and refinery costs incurred to operate the flight network. It is the most significant variable cost for an airline and is highly sensitive to global crude oil price fluctuations and operational efficiency.

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