StockData
Delta Air Lines, Inc. logo

Delta Air Lines, Inc. (DAL) stock

DALNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 9, 2026Score 9/3024% above fair value
$91.32−0.88 (-0.95%)

Close on Nov 11, 2026Market cap $60.08BP/E 18.2Yield 0.74%

Delta Air Lines, Inc. grew revenue 14.1% to $71.80B over the twelve months to Sep 30, 2026. Operating income fell 12.9% to $5.29B, moving the operating margin from 9.7% to 7.4%. Free cash flow was $3.84B, up 33.2% from a year earlier. At the latest close the market valued the company at $60.08B, 18.2 times its earnings.

Revenue
$71.80B
+14.1% vs. a year earlier
Operating income
$5.29B
-12.9% vs. a year earlier
Free cash flow
$3.84B
+33.2% vs. a year earlier
EPS, diluted
$5.01
-29.4% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$60.08B
P/E ratio
18.2
Price to sales
0.84
Price to book
2.67
Dividend yield
0.74%
Free cash flow yield
–

Fundamentals

Revenue
$71.80B
Net income
$3.29B
EPS, diluted
$5.01
Free cash flow
$3.84B
Book value per share
$34.16
Diluted shares
659M

Trading

Next earnings
Jan 12, 2027 (estimated, before the open)
Previous close
$92.20
Open
$91.82
Day's range
$90.97 – $92.10
Volume
6,097,563
Average volume (20 days)
6,608,383
Index membership
S&P 500, Russell 1000, Russell 3000
Beta (5 years)
1.25
52-week range
$55.27 – $95.68
RSI (14 days)
64.8
Volatility (1 year)
39.2%
Relative volume
0.94×
WACC
10.1%

On 2 of our idea lists: Mega-cap growers, Superinvestor favorites

Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2009, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodDALS&P 500DifferenceDAL per yearS&P 500 per year
1 month+11.4%-2.4%+13.9 pts
3 months+1.3%-1.2%+2.4 pts
Year to date+33.0%+12.3%+20.7 pts
1 year+59.8%+12.4%+47.4 pts
3 years+177.2%+78.8%+98.4 pts+40.5%+21.4%
5 years+118.4%+75.2%+43.2 pts+16.9%+11.9%
10 years+121.4%+311.1%−189.7 pts+8.3%+15.2%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$71.80B+14.1% YoY

Operating income

$5.29B-12.9% YoY

Net income

$3.29B-28.9% YoY

EPS, diluted

$5.01-29.4% YoY

Free cash flow

–
Reported periodTrailing twelve months

Press releases

Releases Delta Air Lines filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Delta Air Lines

Air Transportation, Scheduled

Delta Air Lines provides scheduled air transportation for passengers and cargo. The company offers passenger air travel across multiple cabin classes, including premium and main cabin seating. It also operates a frequent-flyer loyalty program, vacation package sales, and aircraft maintenance, repair, and overhaul services for third-party aviation customers. Additionally, the company refines petroleum and jet fuel through an energy subsidiary. Its customers include leisure and business travelers, corporate accounts, freight forwarders, and other airlines.

Company profile, executives and history

Delta Air Lines stock: common questions

What is Delta Air Lines's stock price?

DAL closed at $91.32 on Nov 11, 2026, down 0.95% on the day. Over the past 52 weeks it traded between $55.27 and $95.68.

What is Delta Air Lines's market cap?

Delta Air Lines was worth $60.08B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is DAL's P/E ratio?

DAL trades at 18.2 times earnings, based on diluted earnings per share of $5.01 over the twelve months to Sep 30, 2026.

How much revenue does Delta Air Lines make?

Delta Air Lines reported revenue of $71.80B for the twelve months to Sep 30, 2026, up 14.1% from a year earlier.

Does Delta Air Lines pay a dividend?

Yes. Delta Air Lines paid $0.68 per share over the last twelve months, a yield of 0.74% at the latest price, and has raised its annual dividend 3 years in a row.

When does Delta Air Lines report earnings next?

Delta Air Lines is expected to report Q4 FY2026 results on Jan 12, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has DAL stock performed over the past year?

Including dividends, DAL returned +59.8% over the past year, against +12.4% for the S&P 500.

How many DAL shares are sold short?

16M shares were sold short at the latest FINRA report, 2.44% of the float, or 2.5 days of average trading volume.

Who are Delta Air Lines's competitors?

Companies most similar to Delta Air Lines by business, industry and size include AAL, UAL, LUV, ALK, LTM.

See a number that looks wrong?