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Delta Air Lines DAL EBITDA margin

EBITDA margin at other companies

Southwest Airlines logo
Southwest AirlinesLUV
8.8%+1.1pp
United Airlines Holdings logo
United Airlines HoldingsUAL
13.3%-1.4pp
General Dynamics logo
General DynamicsGD
11.5%0.0pp
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
39.4%+10.2pp
American Express logo
American ExpressAXP
32.8%-1.5pp
Valero Energy logo
Valero EnergyVLO
4.7%+3.8pp

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$55.31B+54.2%
Enterprise value$69.44B+25.8%
P/E12.4×+2.6×
P/S0.9×+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×
Current ratio0.4×0.0×

Where this comes from

Calculated from Delta Air Lines’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Delta Air Lines (DAL) reported EBITDA margin of 12.6% in Q1 2026.
How has Delta Air Lines's EBITDA margin changed year-over-year?
Delta Air Lines's EBITDA margin decreased by 7.5% year-over-year, from 13.6% to 12.6%.
What is the long-term trend for Delta Air Lines's EBITDA margin?
Over 4 years (2021 to 2025), Delta Air Lines's EBITDA margin has grown at a -13.3% compound annual growth rate (CAGR), from -95% to 53.6%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.