Delta Air Lines (DAL) Debt Ratio (2009 - 2026)
Delta Air Lines (DAL) posted Debt Ratio of 0.16 for Q2 2026, down 16.4% on a QoQ basis from 0.19 in Q1 2026, and down 23.67% year-over-year from 0.21 in Q2 2025.
Delta Air Lines (DAL) Debt Ratio (2009 - 2026) Analysis & Trends
Delta Air Lines' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.16 for Q2 2026.
- Quarterly Debt Ratio fell 23.67% year-over-year to 0.16 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.16 (down 23.67% YoY) and the FY2025 annual result came in at 0.18, down 14.64% from the prior year.
- Debt Ratio was 0.16 for Q2 2026 at Delta Air Lines, down from 0.19 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.35 in Q1 2022 and bottomed at 0.16 in Q2 2026.
- A 5-year average of 0.26 and a median of 0.26 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio dropped 0.86% — and 2026, when it declined 23.67%.
- Delta Air Lines' Debt Ratio stood at 0.33 in 2022, then dropped by 17.08% to 0.27 in 2023, then declined by 21.1% to 0.21 in 2024, then dropped by 14.64% to 0.18 in 2025, then declined by 11.87% to 0.16 in 2026.
- Business Quant data shows DAL's Debt Ratio at 0.16 in Q2 2026, 0.19 in Q1 2026, and 0.18 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 0.00 |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | 0.00 |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 0.16 |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 0.20 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | 0.08 |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 0.30 |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | 0.26 |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 0.31 |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | 0.51 |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 0.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.32 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.38 |