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Delta Air Lines, Inc.

DALNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 9, 2026Score 10/3012% above fair value
$83.42+3.27 (+4.08%)

Close on Nov 2, 2026Market cap $54.86BP/E 16.7Yield 0.81%

Delta Air Lines 12-Month Adjusted Debt to EBITDAR by Quarter

12-Month Adjusted Debt to EBITDAR (x, Legacy Through Q1 2026) (×)

QuarterlyAnnual

Delta Air Lines 12-Month Adjusted Debt to EBITDAR: 2.40× in Q1 2026, down 7.7% from a year earlier.

Latest, Q1 2026
2.40
Period ended Mar 31, 2026
Change on a year earlier
-7.7%
2.60 in Q1 2025
History
11 quarters
Since Q4 2019
Sources
9
Documents cited below

Where the Q1 2026 figure comes from

Source: Delta Earnings Webcast Non-GAAP Reconciliations (2026_04-08-2026) ↗

Starting in Q2 2026, Delta ceased publishing a separate Adjusted Debt to EBITDAR table and transitioned to managing by Adjusted Gross Debt / Gross Leverage.

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEnded12-Month Adjusted Debt to EBITDAR (x, Legacy Through Q1 2026) (×)Year on yearSource
Q1 2026Mar 31, 20262.40-7.7%Delta Earnings Webcast Non-GAAP Reconciliations (2026_04-08-2026) ↗
Q4 2025Dec 31, 20252.40-7.7%Delta Earnings Webcast Non-GAAP Reconciliations (2026_03-17-2026) ↗
Q3 2025Sep 30, 20252.40-17.2%Delta Earnings Webcast Non-GAAP Reconciliations (2025_10-09-2025) ↗
Q1 2025Mar 31, 20252.60-10.3%Delta Earnings Webcast Non-GAAP Reconciliations (2025_04-09-2025) ↗
Q4 2024Dec 31, 20242.60-13.3%Delta Earnings Webcast Non-GAAP Reconciliations (2025_01-10-2025) ↗
Q3 2024Sep 30, 20242.90–Delta Earnings Webcast Non-GAAP Reconciliations (2024_10-10-2024) ↗
Q2 2024Jun 30, 20242.80–Delta Earnings Webcast Non-GAAP Reconciliations (2024_07-11-2024) ↗
Q1 2024Mar 31, 20242.90–Delta Earnings Webcast Non-GAAP Reconciliations (2024_04-10-2024) ↗
Q4 2023Dec 31, 20233.00-40.0%Delta Earnings Webcast Non-GAAP Reconciliations (2024_01-12-2024) ↗
Q4 2022Dec 31, 20225.00–Delta Earnings Webcast Non-GAAP Reconciliations (2026_03-17-2026) ↗
Q4 2019Dec 31, 20192.20–Delta Earnings Webcast Non-GAAP Reconciliations (2026_03-17-2026) ↗

Cite this data

StockData. (2026). Delta Air Lines 12-Month Adjusted Debt to EBITDAR (×), quarterly Q4 2019–Q1 2026 [Data set]. Compiled from Delta Air Lines SEC filings and investor materials. https://stockdatahq.com/stocks/dal/kpis/adj-debt-ebitdar-x

See every metric in the Delta Air Lines KPI table. Data updated Nov 1, 2026.