# Delta Air Lines Inc. (DAL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Airlines. Price $80.17, market value $52.7 billion.

## Valuation
- **P/E (trailing): 13.3×** (5-yr avg 25.3×, 3-yr avg 8.5×). Delta Air Lines Inc. trades at 13.3× trailing earnings, well below its own five-year average of 25.3×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 9.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.21**. A PEG of 0.21 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.7×**. Enterprise value is 7.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Earnings yield: 7.5%**. The inverse of the P/E: 7.5% of the price is earned each year.

## Profitability
- **Operating margin: 8.1%**. 8.1% of revenue is left after running the business.
- **Net margin: 7.9%**. 7.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 24.0%**. 24.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 14.6%**. Return on all capital, debt included, is 14.6%.
- **Return on assets: 4.9%**. Each dollar of assets produces 4.9% of profit.

## Growth
- **Revenue growth (1 yr): 2.8%** (3-yr 7.8%/yr, 5-yr 30.0%/yr). Revenue grew 2.8% over the last year, against 30.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 43.7%** (3-yr 54.9%/yr). Earnings per share rose 43.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.64**. Debt is 0.64 times equity, moderate leverage.
- **Net debt / EBITDA: 1.1×**. It would take 1.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.07%** ($0.78 per share, trailing). Delta Air Lines Inc. yields 1.07%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 9%**. 9% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 10.9%/yr** (1-yr 35.2%). The dividend has compounded at 10.9% a year over five years, doubling roughly every 7 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (24 analysts). 24 analysts cover Delta Air Lines Inc.; the consensus is strong_buy, with an average price target of $105.19 (+31% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 33.9%** (YTD 16.4%, 3-mo 1.2%). The shares are up 33.9% over twelve months including dividends.
- **From 52-week high: -16.2%** (45.7% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 1.72** (volatility 39%). Beta of 1.72 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DAL · Page: https://foliofundamentals.com/stocks/dal

Not investment advice.