Delta Air Lines (DAL) Capital Expenditures (2009 - 2026)
Delta Air Lines' Capital Expenditures was $1.2 billion in Q3 2026, up 3.4% from $1.16 billion a year earlier and up 14.9% from the prior quarter.
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Analysis
Delta Air Lines (DAL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Delta Air Lines' Capital Expenditures was $5.03 billion through Sep 30, 2026, up 2.6% year-over-year; for FY2025, it was $4.5 billion, down 12.5% from FY2024.
- Capital Expenditures has now declined for three consecutive years, though with a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $5.14 billion in FY2024 (-3.4%), $5.32 billion in FY2023 (-16.4%), $6.37 billion in FY2022 (+96.1%) and $3.25 billion in FY2021 (+71.0%).
- Quarterly Capital Expenditures has moved between $603 million (Q2 2022) and $3.51 billion (Q4 2022) over five years.
- Compared with a year earlier, Capital Expenditures was higher in three of the last eight quarters, with an average decline of 7.7%.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2022 (growth of 317.0%); the worst was Q4 2024 (a decline of 52.6%).
- Per Business Quant data, DAL's Capital Expenditures in the three quarters before Q3 2026 was $1.04 billion (Q2 2026), $1.2 billion (Q1 2026) and $1.59 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.73 Bn | 165.26 Bn | - | 873.00 Mn |
| 2 | Csx | 89.52 Bn | 85.73 Bn | - | 576.00 Mn |
| 3 | United Parcel Service | 84.79 Bn | 61.69 Bn | - | 693.00 Mn |
| 4 | Canadian Pacific Kansas City | 78.03 Bn | 77.04 Bn | - | 547.98 Mn |
| 5 | Norfolk Southern | 73.35 Bn | 67.99 Bn | - | 439.00 Mn |
| 6 | Fedex | 70.63 Bn | 36.58 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 50.87 Bn | 33.06 Bn | - | 1.41 Bn |
| 8 | Old Dominion Freight Line | 39.21 Bn | 38.47 Bn | - | 77.04 Mn |
| 9 | United Airlines Holdings | 32.92 Bn | -23.46 Bn | - | 1.34 Bn |
| 10 | Ryanair Holdings | 28.49 Bn | 12.13 Bn | - | -551.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.41 Bn |
| Jun 30, 2026 | 1.46 Bn |
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 907.00 Mn |
| Sep 30, 2025 | 1.16 Bn |
| Jun 30, 2025 | 1.21 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.33 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.19 Bn |
| Dec 31, 2023 | 1.60 Bn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 1.45 Bn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 2.20 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 958.00 Mn |
| Mar 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 1.22 Bn |
API Access
Delta Air Lines Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();