Delta Air Lines, Inc.

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $38.46B
  • PE 11
  • Debt $17.55B
  • Cash $3.42B
  • EV $52.59B
  • FCF $2.89B

Earnings

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Sales & Net Margins

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Earnings$3.46B
EBIT$6.00B
ROE23%
ROA8%
FCF$2.89B
Equity$15.29B
Growth Stability-303%
PE11.13
PEG0.22
PB2.51
P/FCF13.33
P/S0.62
Price/Cash0.09
Debt/Equity1.15
Debt/FCF6.08
Net Margins6%
Op. Margins10%
Earnings CAGR-6%
Sales Growth YoY9%
Sales Growth QoQ-1%
Sales CAGR3%
FCF CAGR-8%
Equity CAGR-7%
Earnings Stability0.06
Earnings Growth YoY-59%
Earnings Growth QoQ-34%
Earnings CAGR 5Y50%
Sales CAGR 5Y28%
FCF CAGR 5Y50%
Equity CAGR 5Y43%
Earnings CAGR 3Y19%
Sales CAGR 3Y19%
FCF CAGR 3Y107%
Equity CAGR 3Y77%
Market Cap$38.46B
Revenue$61.64B
Dividend Yield1%
Payout Ratio9%
Assets$75.37B
Total Debt$17.55B
Cash$3.42B
Shares Outstanding641M
EV52.59B
Earnings Score6%
Moat Score88%
Safety Score49%
Final Score48%
Working Capital-16.83B
Current Ratio0.37
Shares Growth 3y0%
Equity Growth QoQ12%
Equity Growth YoY38%

Assets & ROA

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Stockholders Equity & ROE

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Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta's sale of frequent flier miles, particularly to American Express, is a major driver of the firm's profits.

SEC Filings

Direct access to Delta Air Lines, Inc. (DAL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Delta Air Lines, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Delta Air Lines, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -6%
Stability 6%
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Delta Air Lines, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Delta Air Lines, Inc..

= $17B
012345678910TV
fcf$2.9B$2.7B$2.4B$2.2B$2.1B$1.9B$1.7B$1.6B$1.5B$1.3B$1.2B$12B
DCF$2.4B$2B$1.7B$1.4B$1.2B$980M$818M$683M$571M$477M$4.8B
Value$17B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Net Margins11%11%9%9%10%-72%1%3%8%6%6%
ROA-14%11%9%10%-17%3%5%8%8%8%
ROE-36%26%29%31%-807%7%20%42%23%23%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Debt over FCF-2.168.585.93.55-5.261.59K-7.96K196.086.08
Debt over Equity0.890.670.780.80.8119.526.973.631.951.151.15
Growth Stability---95%100%-303%---100%-303%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024CAGR 5Y
Revenue YoY growth--3%4%8%6%-64%75%69%15%6%28%
Earnings YoY growth--3%-18%10%21%-360%-102%371%250%-25%50%
Equity YoY growth-13%13%-2%12%-90%153%69%69%38%43%
FCF YoY growth--23%-67%47%89%-263%-100%-118%-38K%153%50%