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Financial distress

Delta Air Lines

NYQ:DAL · US2473617023
AirlinesLarge

360

79
EV / EBIT77
Price / Owner Earnings60
Owner Earnings Yield65
Dividend Yield61
Price/Sales62
EV / Gross Profit74
Price/Book49
Return on Capital71
Cash Return on Capital51
Return on Equity80
EBIT Margin37
Gross Profitability46
Cash Conversion46
Accruals56
Owner Earnings Margin34
Sales growth75
Profit Growth94
Long-Term EPS Growth68
Owner Earnings Growth86
Reinvestment72
Price momentum66
Debt load48
Refinancing17
Debt Payback36
Liquidity86
Analyst ratings95
Opinion Changes50
Price Target Upside37
Market mood90
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Delta Air Lines clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryAirlines
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1967
Employees45,253
Websitedelta.com
ISINUS2473617023
Last UpdateApr 2, 2026
Themes
Freight ServiceBusiness TravelTravel AccommodationsAutomotiveInformation TechnologySoftwareTelecommunicationsTransportation

Description

Delta Air Lines, Inc. (‘Delta’), together with its subsidiaries, provides scheduled air transportation for passengers and cargo throughout the United States (‘U.S.’) and around the world. The company connects customers across its expansive global ne…

Analysis

Middle-of-the-road

Delta Air Lines, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 24.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 15%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

48

Jan 2023

Average rank

92

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
62
56
75
65
Price/Earnings
76
93
92
52
Price/Book
49
48
34
22
Dividend Yield
61
58
61
59
Value (overall)
82
81
80
82

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →