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Delta Air Lines DAL Current ratio

Current ratio at other companies

Southwest Airlines logo
Southwest AirlinesLUV
0.5×-0.3×
United Airlines Holdings logo
United Airlines HoldingsUAL
0.7×-0.1×
General Dynamics logo
General DynamicsGD
1.4×0.0×
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
5.2×+1.3×
Valero Energy logo
Valero EnergyVLO
1.6×0.0×
Imperial Oil logo
Imperial OilIMO
1.2×-0.2×

Other financials

Income statement

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Revenue$15.9B+12.9%
Operating income$501.0M-12.0%
Net income-$289.0M-220%
EPS (diluted)-$0.44-219%

Balance sheet

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Cash & equivalents$5.2B+32.8%
Total debt$19.4B-10.0%
Total equity$20.4B+31.9%
Total assets$84.4B+9.2%

Cash flow

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Operating cash flow$2.4B+2.3%

Valuation

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Market cap$54.04B+54.2%
Enterprise value$68.17B+25.8%
P/E12.1×+2.5×
P/S0.8×+0.3×

Profitability

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Operating margin8.8%-0.8pp
Net margin6.9%+1.0pp

Returns & leverage

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Return on equity25%-2.5pp
Debt / equity-0.4×

Where this comes from

Calculated from Delta Air Lines’s reported figures.

Based on the most recent quarter.

The official record: Delta Air Lines’s 10-Q, filed April 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Delta Air Lines's current ratio?
Delta Air Lines (DAL) reported current ratio of 0.4× in Q1 2026.
How has Delta Air Lines's current ratio changed year-over-year?
Delta Air Lines's current ratio increased by 10.4% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Delta Air Lines's current ratio?
Over 4 years (2021 to 2025), Delta Air Lines's current ratio has grown at a -17.1% compound annual growth rate (CAGR), from 3.3× to 1.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.