(DAL) Delta Air Lines - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2473617023

Passenger Flights, Cargo Flights, Aircraft Maintenance, Vacation Packages

DAL EPS (Earnings per Share)

EPS (Earnings per Share) of DAL over the last years for every Quarter: "2020-09": -3.3, "2020-12": -2.53, "2021-03": -3.55, "2021-06": -1.07, "2021-09": 0.3, "2021-12": 0.22, "2022-03": -1.23, "2022-06": 1.44, "2022-09": 1.51, "2022-12": 1.48, "2023-03": 0.25, "2023-06": 2.68, "2023-09": 2.03, "2023-12": 1.28, "2024-03": 0.45, "2024-06": 2.36, "2024-09": 1.5, "2024-12": 1.85, "2025-03": 0.37, "2025-06": 2.1, "2025-09": 1.71,

DAL Revenue

Revenue of DAL over the last years for every Quarter: 2020-09: 3062, 2020-12: 3973, 2021-03: 4150, 2021-06: 7126, 2021-09: 9154, 2021-12: 9470, 2022-03: 9348, 2022-06: 13824, 2022-09: 13975, 2022-12: 13435, 2023-03: 12759, 2023-06: 15578, 2023-09: 15488, 2023-12: 14223, 2024-03: 13748, 2024-06: 16658, 2024-09: 15677, 2024-12: 15559, 2025-03: 14040, 2025-06: 16648, 2025-09: 16673,

Description: DAL Delta Air Lines September 29, 2025

Delta Air Lines, Inc. (NYSE:DAL) operates scheduled passenger and cargo flights across the United States and internationally, organized into two reporting segments: Airline and Refinery.

Its domestic network is anchored by major hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, complemented by coastal hubs in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle. Internationally, Delta maintains hub-like presences in Amsterdam, Bogotá, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), São Paulo, Seoul-Incheon, and Tokyo.

Ticket sales are distributed through multiple channels, including the delta.com website, the Fly Delta mobile app, and traditional travel agencies. Beyond transportation, Delta offers aircraft maintenance, engineering, repair, and overhaul (MRO) services, as well as vacation packages sold to third-party consumers.

The airline operates a fleet of roughly 1,292 aircraft and traces its origins to 1924, with corporate headquarters located in Atlanta, Georgia.

Key performance indicators from the most recent fiscal year show a passenger load factor of 85.3%, an operating margin of 7.2%, and a 2023 revenue per available seat-mile (RASM) of $0.131, reflecting modest recovery from pandemic lows. Primary economic drivers for Delta include fuel price volatility (which accounts for ~30% of operating costs), labor wage inflation, and macro-level travel demand tied to U.S. consumer confidence and global GDP growth. The airline’s exposure to the Refinery segment provides a partial hedge against fuel price swings, a nuance often overlooked in sector-wide analyses.

For a deeper, data-rich assessment of Delta’s valuation and risk profile, you might explore the analytics platform ValueRay, which aggregates real-time financial metrics and scenario modeling tools.

DAL Stock Overview

Market Cap in USD 39,178m
Sub-Industry Passenger Airlines
IPO / Inception 2007-05-03

DAL Stock Ratings

Growth Rating 36.2%
Fundamental 75.5%
Dividend Rating 48.6%
Return 12m vs S&P 500 -13.3%
Analyst Rating 4.50 of 5

DAL Dividends

Dividend Yield 12m 1.15%
Yield on Cost 5y 2.30%
Annual Growth 5y 5.54%
Payout Consistency 71.7%
Payout Ratio 9.0%

DAL Growth Ratios

Growth Correlation 3m 16%
Growth Correlation 12m -27%
Growth Correlation 5y 49.5%
CAGR 5y 23.75%
CAGR/Max DD 3y (Calmar Ratio) 0.50
CAGR/Mean DD 3y (Pain Ratio) 1.76
Sharpe Ratio 12m -0.97
Alpha -18.31
Beta 1.503
Volatility 43.71%
Current Volume 8616.1k
Average Volume 20d 8516.6k
Stop Loss 55.3 (-5.9%)
Signal 0.66

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (4.63b TTM) > 0 and > 6% of Revenue (6% = 3.78b TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA 2.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -27.05% (prev -28.28%; Δ 1.23pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 7.98b > Net Income 4.63b (YES >=105%, WARN >=100%)
Net Debt (17.93b) to EBITDA (9.54b) ratio: 1.88 <= 3.0 (WARN <= 3.5)
Current Ratio 0.40 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (653.0m) change vs 12m ago 0.93% (target <= -2.0% for YES)
Gross Margin 26.08% (prev 25.87%; Δ 0.21pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 81.19% (prev 80.02%; Δ 1.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 9.22 (EBITDA TTM 9.54b / Interest Expense TTM 702.0m) >= 6 (WARN >= 3)

Altman Z'' -0.22

(A) -0.21 = (Total Current Assets 11.23b - Total Current Liabilities 28.25b) / Total Assets 79.62b
(B) 0.15 = Retained Earnings (Balance) 12.13b / Total Assets 79.62b
(C) 0.08 = EBIT TTM 6.47b / Avg Total Assets 77.50b
(D) 0.12 = Book Value of Equity 7.27b / Total Liabilities 60.80b
Total Rating: -0.22 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 75.47

1. Piotroski 6.0pt = 1.0
2. FCF Yield 5.38% = 2.69
3. FCF Margin 4.88% = 1.22
4. Debt/Equity 1.15 = 1.87
5. Debt/Ebitda 1.88 = 0.24
6. ROIC - WACC (= 8.61)% = 10.76
7. RoE 27.64% = 2.30
8. Rev. Trend 62.74% = 4.71
9. EPS Trend 13.60% = 0.68

What is the price of DAL shares?

As of October 30, 2025, the stock is trading at USD 58.76 with a total of 8,616,100 shares traded.
Over the past week, the price has changed by -2.07%, over one month by +2.22%, over three months by +8.53% and over the past year by +3.71%.

Is Delta Air Lines a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Delta Air Lines (NYSE:DAL) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 75.47 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DAL is around 58.61 USD . This means that DAL is currently overvalued and has a potential downside of -0.26%.

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.
  • Strong Buy: 16
  • Buy: 5
  • Hold: 2
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the DAL price?

Issuer Target Up/Down from current
Wallstreet Target Price 71.8 22.1%
Analysts Target Price 71.8 22.1%
ValueRay Target Price 64.9 10.4%

DAL Fundamental Data Overview October 25, 2025

Market Cap USD = 39.18b (39.18b USD * 1.0 USD.USD)
P/E Trailing = 8.2891
P/E Forward = 7.874
P/S = 0.6227
P/B = 2.1371
P/EG = 39.2935
Beta = 1.503
Revenue TTM = 62.92b USD
EBIT TTM = 6.47b USD
EBITDA TTM = 9.54b USD
Long Term Debt = 14.02b USD (from longTermDebt, last fiscal year)
Short Term Debt = 3.59b USD (from shortTermDebt, last quarter)
Debt = 21.72b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 17.93b USD (from netDebt column, last quarter)
Enterprise Value = 57.11b USD (39.18b + Debt 21.72b - CCE 3.79b)
Interest Coverage Ratio = 9.22 (Ebit TTM 6.47b / Interest Expense TTM 702.0m)
FCF Yield = 5.38% (FCF TTM 3.07b / Enterprise Value 57.11b)
FCF Margin = 4.88% (FCF TTM 3.07b / Revenue TTM 62.92b)
Net Margin = 7.36% (Net Income TTM 4.63b / Revenue TTM 62.92b)
Gross Margin = 26.08% ((Revenue TTM 62.92b - Cost of Revenue TTM 46.51b) / Revenue TTM)
Gross Margin QoQ = 23.48% (prev 30.26%)
Tobins Q-Ratio = 0.72 (Enterprise Value 57.11b / Total Assets 79.62b)
Interest Expense / Debt = 0.79% (Interest Expense 171.0m / Debt 21.72b)
Taxrate = 20.26% (360.0m / 1.78b)
NOPAT = 5.16b (EBIT 6.47b * (1 - 20.26%))
Current Ratio = 0.40 (Total Current Assets 11.23b / Total Current Liabilities 28.25b)
Debt / Equity = 1.15 (Debt 21.72b / totalStockholderEquity, last quarter 18.82b)
Debt / EBITDA = 1.88 (Net Debt 17.93b / EBITDA 9.54b)
Debt / FCF = 5.83 (Net Debt 17.93b / FCF TTM 3.07b)
Total Stockholder Equity = 16.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.81% (Net Income 4.63b / Total Assets 79.62b)
RoE = 27.64% (Net Income TTM 4.63b / Total Stockholder Equity 16.75b)
RoCE = 21.04% (EBIT 6.47b / Capital Employed (Equity 16.75b + L.T.Debt 14.02b))
RoIC = 16.26% (NOPAT 5.16b / Invested Capital 31.75b)
WACC = 7.65% (E(39.18b)/V(60.90b) * Re(11.55%) + D(21.72b)/V(60.90b) * Rd(0.79%) * (1-Tc(0.20)))
Discount Rate = 11.55% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.70%
[DCF Debug] Terminal Value 70.89% ; FCFE base≈2.34b ; Y1≈2.89b ; Y5≈4.93b
Fair Price DCF = 74.25 (DCF Value 48.49b / Shares Outstanding 653.0m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 13.60 | EPS CAGR: 5.39% | SUE: 2.88 | # QB: 1
Revenue Correlation: 62.74 | Revenue CAGR: 8.17% | SUE: 0.74 | # QB: 0

Additional Sources for DAL Stock

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