DAL
Delta Air Lines
$85.92
▲ 2.1%Updated Today 7:15 PM ET
▲ Up 77.0% over the last 12 months
Market Cap
$55.31B
P/E
12.43x
Forward P/E (est.)
10.24x
ROE
23.1%
Revenue Growth
5.2%
EPS Growth
21.4%
Profit Margin
6.9%
FCF Yield
10.7%
Debt / Equity
0.68x
ROIC
14.0%
Interest Coverage
14.7x
Current Ratio
0.42x
Dividend Yield
0.9%
Implied Growth (rev. DCF)
1.9%
Rating Score
62/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DAL's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DAL trades near $85.92, above its 50-day average ($74.22) and 200-day average ($66.68). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 53 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. DAL's is $2.89 (~3.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month DAL found buyers near $72.61 (support) and sellers near $87.39 (resistance); its 52-week range is $45.28–$87.39. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.9× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Delta Air Lines (DAL) is a large-cap company in the Passenger Airlines industry, part of the Industrials sector of the S&P 500, with a market value around $55.31B.
In its latest reported year it generated about $63.36B in revenue and $5.00B in net profit.
Our model rates DAL Favorable (62/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
20.7%
Revenue moved from $29.90B in 2021 to $63.36B in 2025, a 20.7% compound annual growth rate. The most recent year grew a steady 5.2% year over year. Slower, mature growth is common for established businesses.
Gross Margin
42.9%
Operating Margin
9.2%
Net Margin
7.9%
ROE
23.1%
Delta Air Lines keeps about 6.9% of each sales dollar as net profit, with a 42.9% gross margin and 9.2% operating margin. Return on equity is 23.1% and return on invested capital about 14.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$13.23B
Net Debt
$8.18B
Net Debt / EBITDA
1.41x
Debt / Equity
0.68x
Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 14.7x, with a current ratio of 0.4x. That is a moderate, manageable debt load for most businesses. It carries roughly $13.23B of total debt against $5.05B of cash.
Operating CF
$8.34B
Free Cash Flow
$3.84B
FCF Margin
6.1%
In the latest year Delta Air Lines produced about $8.34B of operating cash flow and $3.84B of free cash flow after capital spending. That is a free-cash-flow yield of about 10.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
12.43x
P/S
0.87x
P/B
2.21x
EV / EBITDA
7.6x
DAL trades at 12.4x trailing earnings (about 10.2x on estimated forward earnings), 0.9x sales, and 2.2x book value. Reverse-engineering today's price implies the market expects roughly 1.9% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How DAL stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), DAL ranks #13 of 80 by our overall rating. It trades at a discount versus the sector on earnings (12.4x P/E vs. 30x median) with a lower return on equity (23.1% vs. 24.7%) and faster revenue growth (5.2% vs. 5.0%).
P/E vs sector
12.4x
median 30x
ROE vs sector
23.1%
median 24.7%
Growth vs sector
5.2%
median 5.0%
Sector rank
#13
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$68.93 – $118.17
vs. $85.92 today · expected CAGR -4% – 7%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $66.53B | $69.86B | $73.35B | $77.02B | $80.87B |
| Net income | $5.32B | $5.59B | $5.87B | $6.16B | $6.47B |
| EPS | $8.10 | $8.51 | $8.93 | $9.38 | $9.85 |
| Share price (low) | $56.71 | $59.55 | $62.52 | $65.65 | $68.93 |
| Share price (high) | $97.22 | $102.08 | $107.18 | $112.54 | $118.17 |
| CAGR (low–high) | -34% / 13% | -17% / 9% | -10% / 8% | -7% / 7% | -4% / 7% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for DAL:
- Strong return on equity (23.1%) shows capital is put to work well.
- Healthy free-cash-flow yield (~10.7%) funds buybacks and dividends.
- Our model's overall read is Favorable (62/100).
The case against DAL:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Delta Air Lines is a large-cap industrials business growing at a mature pace, with modest profitability, and a sound balance sheet. It trades at 12.4x earnings, which our model scores Favorable (62/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.