DELTA AIR LINES, INC.
Company Stats
- Market Cap
- $54.9B
- as of Sep 30, 2026
- Enterprise Value
- $63.9B
- Shares Outstanding
- 657.9M
- Free Float
- 99.5%
Income Statement
- Revenue
- $63.4B
- Operating Income
- $5.8B
- Net Income
- $5.0B
- EBITDA
- $8.3B
- Revenue Growth, 3Y
- 7.8%
- FCF Margin, 3Y Avg
- 4.2%
- FCF Margin, Worst Year
- 2.0%
Cash Flow
- Free Cash Flow
- $3.8B
- FCF Yield
- 7.0%
- Owner FCF Yield
- 6.4%
Balance Sheet
- Cash & Equivalents
- $4.3B
- Total Debt
- $13.3B
- Net Debt
- $9.0B
- Net Debt / EBITDA
- 1.09x
- EV / EBITDA
- 7.73x
- Net Debt / EBIT
- 1.54x
Returns & Capital
- Dividends Paid
- $440.0M
- Dividend Yield
- 0.8%
- Dividend Payout, 3Y Avg
- 7.0%
- SBC, 3Y Avg
- $243.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $63.4B | $3.8B | 6.1% |
| FY2024 | $61.6B | $2.9B | 4.7% |
| FY2023 | $58.0B | $1.1B | 2.0% |
| FY2022 | $50.6B | -$3.0M | -0.0% |
| FY2021 | $29.9B | $17.0M | 0.1% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Delta and PepsiCo lower earnings outlooks as revenue rises
Stronger demand supports expansion as pricing diverges