Delta Air Lines (DAL) Capital Expenditures (2009 - 2026)

Delta Air Lines (DAL) reported Capital Expenditures of $1.0 billion for Q1 2026, down 18.3% on a YoY basis from $1.2 billion in Q1 2025, and up 64.2% quarter-over-quarter from $609.0 million in Q4 2025.

Delta Air Lines (DAL) Capital Expenditures (2009 - 2026) Analysis & Trends

Delta Air Lines has reported Capital Expenditures for 18 years, with the latest figure at $1.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 18.3% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $4.0 billion (down 42.25% YoY), and the FY2025 full-year result was $3.5 billion, down 10.04% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $1.0 billion, up from $609.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $3.0 billion in Q4 2024, with the low at -$565.0 million in Q3 2022.
  • Historically, Capital Expenditures has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2024.
  • Annual changes were most pronounced in 2022 — Capital Expenditures tumbled 242.68% — and 2023, when it soared 420.71%.
  • Delta Air Lines' Capital Expenditures stood at $557.0 million in 2022, then surged by 396.05% to $2.8 billion in 2023, then rose by 9.59% to $3.0 billion in 2024, then tumbled by 79.89% to $609.0 million in 2025, then surged by 64.2% to $1.0 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.0 billion (Q1 2026), $609.0 million (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 1.00 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 630.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 1.44 Bn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 30.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 14.05 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 126.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 45.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00 Bn
Mar 31, 2026 1.00 Bn
Dec 31, 2025 609.00 Mn
Dec 31, 2025 609.00 Mn
Sep 30, 2025 1.16 Bn
Sep 30, 2025 1.16 Bn
Jun 30, 2025 1.21 Bn
Jun 30, 2025 1.21 Bn
Mar 31, 2025 1.22 Bn
Mar 31, 2025 1.22 Bn
Dec 31, 2024 3.03 Bn
Dec 31, 2024 3.03 Bn
Sep 30, 2024 1.33 Bn
Sep 30, 2024 1.33 Bn
Jun 30, 2024 1.31 Bn
Jun 30, 2024 1.31 Bn
Mar 31, 2024 1.19 Bn
Mar 31, 2024 1.19 Bn
Dec 31, 2023 2.76 Bn
Dec 31, 2023 2.76 Bn