(DAL) Delta Air Lines - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US2473617023
Stock: Passenger Flights, Cargo Transport, Maintenance, Vacation Packages
Total Rating 42
Risk 64
Buy Signal 0.17
| Risk 5d forecast | |
|---|---|
| Volatility | 40.3% |
| Relative Tail Risk | -9.54% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.35 |
| Alpha | -9.98 |
| Character TTM | |
|---|---|
| Beta | 1.934 |
| Beta Downside | 1.646 |
| Drawdowns 3y | |
|---|---|
| Max DD | 47.92% |
| CAGR/Max DD | 0.53 |
EPS (Earnings per Share)
Revenue
Description: DAL Delta Air Lines January 29, 2026
Delta Air Lines (NYSE:DAL) operates a global passenger and cargo network from major U.S. hubs-including Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City-and international gateways such as Amsterdam, London-Heathrow, and Tokyo. The airline’s two-segment structure (Airline and Refinery) also encompasses aircraft maintenance, engineering services, and vacation-package sales, supported by a fleet of roughly 1,292 aircraft.
Key recent metrics show Delta generated $53.9 billion in FY 2023 revenue, with an operating margin of 12.5% and an 86% load factor, reflecting strong demand recovery post-COVID. Fuel remains the largest cost driver; jet-fuel prices averaged $2.30 per gallon in Q3 2024, translating to $0.045 per available seat-mile. Labor costs are also rising, with the most recent collective-bargaining agreement adding a 3.5% wage increase through 2026, which could pressure earnings if demand softens.
For a deeper dive into Delta’s valuation sensitivities, you might explore the detailed model on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 5.01b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.90 > 1.0 |
| NWC/Revenue: -26.36% < 20% (prev -27.30%; Δ 0.94% < -1%) |
| CFO/TA 0.10 > 3% & CFO 8.34b > Net Income 5.01b |
| Net Debt (16.77b) to EBITDA (9.63b): 1.74 < 3 |
| Current Ratio: 0.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (656.0m) vs 12m ago 0.61% < -2% |
| Gross Margin: 24.53% > 18% (prev 0.27%; Δ 2426 % > 0.5%) |
| Asset Turnover: 80.95% > 50% (prev 81.78%; Δ -0.84% > 0%) |
| Interest Coverage Ratio: 9.69 > 6 (EBITDA TTM 9.63b / Interest Expense TTM 679.0m) |
Altman Z'' -0.09
| A: -0.21 (Total Current Assets 10.97b - Total Current Liabilities 27.67b) / Total Assets 81.19b |
| B: 0.16 (Retained Earnings 13.34b / Total Assets 81.19b) |
| C: 0.08 (EBIT TTM 6.58b / Avg Total Assets 78.28b) |
| D: 0.15 (Book Value of Equity 9.21b / Total Liabilities 60.43b) |
| Altman-Z'' Score: -0.09 = B |
Beneish M -3.04
| DSRI: 0.86 (Receivables 2.85b/3.22b, Revenue 63.36b/61.64b) |
| GMI: 1.10 (GM 24.53% / 26.86%) |
| AQI: 1.06 (AQ_t 0.30 / AQ_t-1 0.28) |
| SGI: 1.03 (Revenue 63.36b / 61.64b) |
| TATA: -0.04 (NI 5.01b - CFO 8.34b) / TA 81.19b) |
| Beneish M-Score: -3.04 (Cap -4..+1) = AA |
What is the price of DAL shares?
As of February 18, 2026, the stock is trading at USD 70.85 with a total of 6,933,132 shares traded.
Over the past week, the price has changed by -4.85%, over one month by +5.03%, over three months by +27.06% and over the past year by +11.44%.
Over the past week, the price has changed by -4.85%, over one month by +5.03%, over three months by +27.06% and over the past year by +11.44%.
Is DAL a buy, sell or hold?
Delta Air Lines has received a consensus analysts rating of 4.50.
Therefore, it is recommended to buy DAL.
- StrongBuy: 16
- Buy: 5
- Hold: 2
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the DAL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 81.3 | 14.7% |
| Analysts Target Price | 81.3 | 14.7% |
DAL Fundamental Data Overview February 14, 2026
P/E Trailing = 9.0731
P/E Forward = 9.5238
P/S = 0.7164
P/B = 2.1768
P/EG = 39.2935
Revenue TTM = 63.36b USD
EBIT TTM = 6.58b USD
EBITDA TTM = 9.63b USD
Long Term Debt = 12.51b USD (from longTermDebt, last quarter)
Short Term Debt = 3.22b USD (from shortTermDebt, last quarter)
Debt = 21.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.77b USD (from netDebt column, last quarter)
Enterprise Value = 62.17b USD (45.39b + Debt 21.08b - CCE 4.31b)
Interest Coverage Ratio = 9.69 (Ebit TTM 6.58b / Interest Expense TTM 679.0m)
EV/FCF = 16.18x (Enterprise Value 62.17b / FCF TTM 3.84b)
FCF Yield = 6.18% (FCF TTM 3.84b / Enterprise Value 62.17b)
FCF Margin = 6.06% (FCF TTM 3.84b / Revenue TTM 63.36b)
Net Margin = 7.90% (Net Income TTM 5.01b / Revenue TTM 63.36b)
Gross Margin = 24.53% ((Revenue TTM 63.36b - Cost of Revenue TTM 47.82b) / Revenue TTM)
Gross Margin QoQ = 22.36% (prev 23.48%)
Tobins Q-Ratio = 0.77 (Enterprise Value 62.17b / Total Assets 81.19b)
Interest Expense / Debt = 0.74% (Interest Expense 157.0m / Debt 21.08b)
Taxrate = 19.43% (294.0m / 1.51b)
NOPAT = 5.30b (EBIT 6.58b * (1 - 19.43%))
Current Ratio = 0.40 (Total Current Assets 10.97b / Total Current Liabilities 27.67b)
Debt / Equity = 1.02 (Debt 21.08b / totalStockholderEquity, last quarter 20.75b)
Debt / EBITDA = 1.74 (Net Debt 16.77b / EBITDA 9.63b)
Debt / FCF = 4.37 (Net Debt 16.77b / FCF TTM 3.84b)
Total Stockholder Equity = 18.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.40% (Net Income 5.01b / Total Assets 81.19b)
RoE = 27.63% (Net Income TTM 5.01b / Total Stockholder Equity 18.12b)
RoCE = 21.49% (EBIT 6.58b / Capital Employed (Equity 18.12b + L.T.Debt 12.51b))
RoIC = 16.44% (NOPAT 5.30b / Invested Capital 32.25b)
WACC = 9.09% (E(45.39b)/V(66.48b) * Re(13.04%) + D(21.08b)/V(66.48b) * Rd(0.74%) * (1-Tc(0.19)))
Discount Rate = 13.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.93%
[DCF Debug] Terminal Value 77.79% ; FCFF base≈3.46b ; Y1≈4.27b ; Y5≈7.27b
Fair Price DCF = 128.1 (EV 100.41b - Net Debt 16.77b = Equity 83.64b / Shares 653.1m; r=9.09% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 38.09 | EPS CAGR: 120.7% | SUE: 0.0 | # QB: 0
Revenue Correlation: 69.87 | Revenue CAGR: 15.41% | SUE: 0.23 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.71 | Chg30d=-0.009 | Revisions Net=+2 | Analysts=19
EPS current Year (2026-12-31): EPS=7.19 | Chg30d=-0.023 | Revisions Net=+6 | Growth EPS=+23.5% | Growth Revenue=+4.2%
EPS next Year (2027-12-31): EPS=8.20 | Chg30d=+0.062 | Revisions Net=+2 | Growth EPS=+11.7% | Growth Revenue=+5.3%
P/E Forward = 9.5238
P/S = 0.7164
P/B = 2.1768
P/EG = 39.2935
Revenue TTM = 63.36b USD
EBIT TTM = 6.58b USD
EBITDA TTM = 9.63b USD
Long Term Debt = 12.51b USD (from longTermDebt, last quarter)
Short Term Debt = 3.22b USD (from shortTermDebt, last quarter)
Debt = 21.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 16.77b USD (from netDebt column, last quarter)
Enterprise Value = 62.17b USD (45.39b + Debt 21.08b - CCE 4.31b)
Interest Coverage Ratio = 9.69 (Ebit TTM 6.58b / Interest Expense TTM 679.0m)
EV/FCF = 16.18x (Enterprise Value 62.17b / FCF TTM 3.84b)
FCF Yield = 6.18% (FCF TTM 3.84b / Enterprise Value 62.17b)
FCF Margin = 6.06% (FCF TTM 3.84b / Revenue TTM 63.36b)
Net Margin = 7.90% (Net Income TTM 5.01b / Revenue TTM 63.36b)
Gross Margin = 24.53% ((Revenue TTM 63.36b - Cost of Revenue TTM 47.82b) / Revenue TTM)
Gross Margin QoQ = 22.36% (prev 23.48%)
Tobins Q-Ratio = 0.77 (Enterprise Value 62.17b / Total Assets 81.19b)
Interest Expense / Debt = 0.74% (Interest Expense 157.0m / Debt 21.08b)
Taxrate = 19.43% (294.0m / 1.51b)
NOPAT = 5.30b (EBIT 6.58b * (1 - 19.43%))
Current Ratio = 0.40 (Total Current Assets 10.97b / Total Current Liabilities 27.67b)
Debt / Equity = 1.02 (Debt 21.08b / totalStockholderEquity, last quarter 20.75b)
Debt / EBITDA = 1.74 (Net Debt 16.77b / EBITDA 9.63b)
Debt / FCF = 4.37 (Net Debt 16.77b / FCF TTM 3.84b)
Total Stockholder Equity = 18.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.40% (Net Income 5.01b / Total Assets 81.19b)
RoE = 27.63% (Net Income TTM 5.01b / Total Stockholder Equity 18.12b)
RoCE = 21.49% (EBIT 6.58b / Capital Employed (Equity 18.12b + L.T.Debt 12.51b))
RoIC = 16.44% (NOPAT 5.30b / Invested Capital 32.25b)
WACC = 9.09% (E(45.39b)/V(66.48b) * Re(13.04%) + D(21.08b)/V(66.48b) * Rd(0.74%) * (1-Tc(0.19)))
Discount Rate = 13.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.93%
[DCF Debug] Terminal Value 77.79% ; FCFF base≈3.46b ; Y1≈4.27b ; Y5≈7.27b
Fair Price DCF = 128.1 (EV 100.41b - Net Debt 16.77b = Equity 83.64b / Shares 653.1m; r=9.09% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 38.09 | EPS CAGR: 120.7% | SUE: 0.0 | # QB: 0
Revenue Correlation: 69.87 | Revenue CAGR: 15.41% | SUE: 0.23 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.71 | Chg30d=-0.009 | Revisions Net=+2 | Analysts=19
EPS current Year (2026-12-31): EPS=7.19 | Chg30d=-0.023 | Revisions Net=+6 | Growth EPS=+23.5% | Growth Revenue=+4.2%
EPS next Year (2027-12-31): EPS=8.20 | Chg30d=+0.062 | Revisions Net=+2 | Growth EPS=+11.7% | Growth Revenue=+5.3%