Delta Air Lines (DAL) Capital Expenditures (2009 - 2026)
Delta Air Lines' Capital Expenditures was -$786 million in Q2 2026, compared with $1.21 billion a year earlier.
Powered by 
Analysis
Delta Air Lines (DAL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Delta Air Lines' Capital Expenditures was $2.48 billion through Jun 30, 2026, down 51.1% 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%).
- The Q2 2026 figure marks the lowest quarterly Capital Expenditures in data going back to Q3 2009.
- Compared with a year earlier, Capital Expenditures was higher in two of the last seven quarters, with growth averaging 14.7%.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2024 (growth of 246.0%); the worst was Q4 2024 (a decline of 68.5%).
- Per Business Quant data, DAL's Capital Expenditures in the three quarters before Q2 2026 was $1.2 billion (Q1 2026), $907 million (Q4 2025) and $1.16 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 873.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 576.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 547.98 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 693.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 439.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | -786.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 77.04 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -551.77 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 78.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -786.00 Mn |
| 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 | 4.16 Bn |
| Sep 30, 2023 | 413.00 Mn |
| Jun 30, 2023 | 378.00 Mn |
| Mar 31, 2023 | 370.00 Mn |
| Dec 31, 2022 | 5.05 Bn |
| Sep 30, 2022 | 469.00 Mn |
| Jun 30, 2022 | 355.00 Mn |
| Mar 31, 2022 | 490.00 Mn |
| Dec 31, 2021 | 2.18 Bn |
| Sep 30, 2021 | 396.00 Mn |
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();