(DAL) Delta Air Lines - Ratings and Ratios
Passenger Flights, Cargo Flights, Aircraft Maintenance, Vacation Packages, Jet Fuel
Dividends
| Dividend Yield | 1.00% |
| Yield on Cost 5y | 1.64% |
| Yield CAGR 5y | 5.54% |
| Payout Consistency | 71.7% |
| Payout Ratio | 11.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 36.3% |
| Value at Risk 5%th | 54.6% |
| Relative Tail Risk | -8.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.31 |
| Alpha | -16.02 |
| CAGR/Max DD | 0.56 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.492 |
| Beta | 1.764 |
| Beta Downside | 1.573 |
| Drawdowns 3y | |
|---|---|
| Max DD | 47.92% |
| Mean DD | 13.74% |
| Median DD | 12.97% |
Description: DAL Delta Air Lines December 04, 2025
Delta Air Lines (NYSE:DAL) operates a global scheduled passenger and cargo network from a domestic hub system anchored 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, its presence spans key gateway cities such as Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago, São Paulo, Seoul-Incheon, and Tokyo. The airline sells tickets via its website, the Fly Delta app, and other distribution channels, while also offering aircraft maintenance, engineering services, and vacation packages. Its fleet consists of roughly 1,292 aircraft, and the company’s corporate headquarters remain in Atlanta, Georgia, where it was founded in 1924.
Key performance indicators from the most recent fiscal year show a load factor of about 84%, an operating margin of 7.5%, and a passenger revenue per available seat-mile (PRASM) of $0.14, reflecting a strong recovery in demand post-COVID-19. Delta’s exposure to fuel price volatility remains a material risk, with fuel accounting for roughly 30% of operating expenses; the airline mitigates this through hedging programs that covered approximately 70% of its 2023 fuel consumption. Labor cost inflation, driven by union negotiations and a tight pilot supply, is another sector driver that could compress margins if not managed. The airline’s ancillary revenue stream-primarily from baggage fees and loyalty program partnerships-contributed roughly $2.5 billion, underscoring the importance of non-ticket income in the current competitive landscape.
For a deeper quantitative view of Delta’s valuation and risk profile, you might explore its metrics on ValueRay.
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 (9.64b) ratio: 1.86 <= 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 9.37 (EBITDA TTM 9.64b / Interest Expense TTM 702.0m) >= 6 (WARN >= 3) |
Altman Z'' -0.21
| (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 6.58b / Avg Total Assets 77.50b |
| (D) 0.12 = Book Value of Equity 7.27b / Total Liabilities 60.80b |
| Total Rating: -0.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 76.97
| 1. Piotroski 6.0pt |
| 2. FCF Yield 5.13% |
| 3. FCF Margin 4.88% |
| 4. Debt/Equity 1.15 |
| 5. Debt/Ebitda 1.86 |
| 6. ROIC - WACC (= 7.89)% |
| 7. RoE 27.64% |
| 8. Rev. Trend 76.00% |
| 9. EPS Trend 43.58% |
What is the price of DAL shares?
Over the past week, the price has changed by +5.01%, over one month by +15.37%, over three months by +10.49% and over the past year by +9.16%.
Is DAL a buy, sell or hold?
- 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 | 71.6 | 6.1% |
| Analysts Target Price | 71.6 | 6.1% |
| ValueRay Target Price | 75.5 | 11.9% |
DAL Fundamental Data Overview November 29, 2025
P/E Trailing = 9.0649
P/E Forward = 8.569
P/S = 0.667
P/B = 2.2296
P/EG = 39.2935
Beta = 1.387
Revenue TTM = 62.92b USD
EBIT TTM = 6.58b USD
EBITDA TTM = 9.64b USD
Long Term Debt = 12.30b USD (from longTermDebt, last quarter)
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 = 59.90b USD (41.97b + Debt 21.72b - CCE 3.79b)
Interest Coverage Ratio = 9.37 (Ebit TTM 6.58b / Interest Expense TTM 702.0m)
FCF Yield = 5.13% (FCF TTM 3.07b / Enterprise Value 59.90b)
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 = 0.75 (Enterprise Value 59.90b / Total Assets 79.62b)
Interest Expense / Debt = 0.79% (Interest Expense 171.0m / Debt 21.72b)
Taxrate = 20.26% (360.0m / 1.78b)
NOPAT = 5.24b (EBIT 6.58b * (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 = 1.86 (Net Debt 17.93b / EBITDA 9.64b)
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 = 22.63% (EBIT 6.58b / Capital Employed (Equity 16.75b + L.T.Debt 12.30b))
RoIC = 16.35% (NOPAT 5.24b / Invested Capital 32.06b)
WACC = 8.46% (E(41.97b)/V(63.69b) * Re(12.52%) + D(21.72b)/V(63.69b) * Rd(0.79%) * (1-Tc(0.20)))
Discount Rate = 12.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.70%
[DCF Debug] Terminal Value 68.26% ; FCFE base≈2.34b ; Y1≈2.89b ; Y5≈4.93b
Fair Price DCF = 66.33 (DCF Value 43.31b / Shares Outstanding 653.0m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 43.58 | EPS CAGR: 72.78% | SUE: 2.88 | # QB: 1
Revenue Correlation: 76.00 | Revenue CAGR: 16.28% | SUE: 0.74 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.68 | Chg30d=-0.001 | Revisions Net=+5 | Analysts=11
EPS next Year (2026-12-31): EPS=7.33 | Chg30d=-0.025 | Revisions Net=+8 | Growth EPS=-0.9% | Growth Revenue=+4.5%
Additional Sources for DAL Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle