Delta Air Lines (DAL) Cash from Operations (2009 - 2026)
Delta Air Lines' Cash from Operations came in at $1.6 billion for Q2 2026, down 14.1% from $1.86 billion a year earlier and down 34.4% from the prior quarter.
Powered by 
Analysis
Delta Air Lines (DAL) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Delta Air Lines reported Cash from Operations of $8.13 billion, up 9.9% year-over-year; for FY2025, it was $8.34 billion, up 4.0% from FY2024.
- Cash from Operations has increased in each of the last four years.
- Going back by year, Cash from Operations was $8.03 billion in FY2024 (+24.1%), $6.46 billion in FY2023 (+1.6%), $6.36 billion in FY2022 (+94.9%) and $3.26 billion in FY2021.
- The Q2 2026 figure represents the lowest quarterly Cash from Operations since Q3 2024.
- Year-over-year, Cash from Operations increased in five of the last eight quarters, with growth averaging 36.6%.
- The fastest year-over-year change in Cash from Operations over five years came in Q3 2022 (growth of 475.5%), and the weakest in Q4 2023 (a decline of 54.1%).
- Business Quant data shows DAL's Cash from Operations at $2.43 billion (Q1 2026), $2.26 billion (Q4 2025) and $1.85 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 3.08 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.33 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 859.00 Mn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 1.25 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 1.05 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 3.27 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 1.71 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 272.70 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 1.61 Bn |
| 10 | Ryanair Holdings | 27.89 Bn | 11.53 Bn | - | 1.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.71 Bn |
| Jun 30, 2026 | 1.60 Bn |
| Mar 31, 2026 | 2.43 Bn |
| Dec 31, 2025 | 2.26 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 1.86 Bn |
| Mar 31, 2025 | 2.38 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 2.41 Bn |
| Dec 31, 2023 | 545.00 Mn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 2.61 Bn |
| Mar 31, 2023 | 2.24 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 869.00 Mn |
| Jun 30, 2022 | 2.54 Bn |
| Mar 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 556.00 Mn |
API Access
Delta Air Lines Cash from Operations 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=cash-from-operations&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();