Delta Air Lines DAL
NYSE DAL
$78.24 -0.51 (-0.65%)
As of: Sep 10, 2026 · 3:59 PM EDT

Delta Air Lines (DAL) Debt Ratio (2009 - 2026)

Delta Air Lines' (DAL) quarterly Debt Ratio came in at 0.2 in Q2 2026, down 10.49% on a YoY basis from 0.23 in Q2 2025, and down 2.05% quarter-over-quarter from 0.21 in Q1 2026.

Analysis

Delta Air Lines (DAL) Debt Ratio (2009 - 2026) Analysis & Trends

Delta Air Lines (DAL) has reported Debt Ratio for 18 consecutive years, with 0.2 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 10.49% year-over-year to 0.2; the trailing twelve-month figure through Jun 2026 stood at 0.2 (down 10.49% YoY), and the FY2025 full-year result was 0.2, down 20.3% from the prior year.
  • Debt Ratio slipped to 0.2 in Q2 2026 per DAL's latest filing, from 0.21 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.36 in Q1 2022 and bottomed at 0.2 in Q4 2025.
  • Historically, Debt Ratio has averaged 0.28 across 5 years, with a median of 0.28 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio retreated 3.29% in 2024, then retreated 21.68% in 2025.
  • Over 5 years, Debt Ratio stood at 0.34 in 2022, then retreated by 10.33% to 0.31 in 2023, then slipped by 19.82% to 0.25 in 2024, then slipped by 20.3% to 0.2 in 2025, then advanced by 2.64% to 0.2 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.2, 0.21, and 0.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Delta Air Lines 51.14 Bn 46.47 Bn 19.07 Bn 0.20
2 Ryanair Holdings 27.96 Bn 24.03 Bn - 0.00
3 Southwest Airlines 18.91 Bn 15.12 Bn 7.33 Bn 0.20
4 Copa Holdings 5.30 Bn 4.04 Bn 1.03 Bn 0.32
5 Alaska Air 4.45 Bn 1.79 Bn 3.76 Bn 0.31
6 Skywest 3.77 Bn 3.17 Bn 1.01 Bn 0.31
7 Grupo Aeromexico, S.A.B. de C.V 2.20 Bn 1.17 Bn - 0.06
8 Allegiant Travel 1.74 Bn 681.68 Mn 902.77 Mn 0.48
9 Jetblue Airways 1.65 Bn -373.56 Mn 2.32 Bn 0.55
10 Frontier Group Holdings 1.27 Bn 311.03 Mn - 0.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.20
Mar 31, 2026 0.21
Dec 31, 2025 0.20
Sep 30, 2025 0.22
Jun 30, 2025 0.23
Mar 31, 2025 0.25
Dec 31, 2024 0.25
Sep 30, 2024 0.28
Jun 30, 2024 0.28
Mar 31, 2024 0.29
Dec 31, 2023 0.31
Sep 30, 2023 0.29
Jun 30, 2023 0.30
Mar 31, 2023 0.32
Dec 31, 2022 0.34
Sep 30, 2022 0.34
Jun 30, 2022 0.35
Mar 31, 2022 0.36
Dec 31, 2021 0.39
Sep 30, 2021 0.41