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Net margin at other companies

Southwest Airlines logo
Southwest AirlinesLUV
2.8%+0.8pp
United Airlines Holdings logo
United Airlines HoldingsUAL
6.1%-0.3pp
General Dynamics logo
General DynamicsGD
8.1%0.0pp
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
18.9%+15.2pp
American Express logo
American ExpressAXP
15.1%-0.2pp
Valero Energy logo
Valero EnergyVLO
3.4%+2.6pp

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

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 net margin?
Delta Air Lines (DAL) reported net margin of 6.9% in Q1 2026.
How has Delta Air Lines's net margin changed year-over-year?
Delta Air Lines's net margin increased by 16.2% year-over-year, from 5.9% to 6.9%.
What is the long-term trend for Delta Air Lines's net margin?
Over 4 years (2021 to 2025), Delta Air Lines's net margin has grown at a -32.5% compound annual growth rate (CAGR), from -137.1% to 28.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.