Delta Air Lines (DAL) Debt Ratio (2009 - 2026)
Delta Air Lines (DAL) reported Debt Ratio of 0.17 for Q1 2026, down 18.01% on a YoY basis from 0.2 in Q1 2025, and down 3.33% quarter-over-quarter from 0.17 in Q4 2025.
Delta Air Lines (DAL) Debt Ratio (2009 - 2026) Analysis & Trends
Delta Air Lines has reported Debt Ratio for 18 years, with the latest figure at 0.17 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 18.01% year-over-year to 0.17; the trailing twelve-month figure through Mar 2026 stood at 0.17 (down 18.01% YoY), and the FY2025 full-year result was 0.17, down 19.23% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.17, down from 0.17 in the prior quarter.
- The five-year high for Debt Ratio was 0.35 in Q1 2022, with the low at 0.17 in Q1 2026.
- Historically, Debt Ratio has averaged 0.25 across 5 years, with a median of 0.26 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio retreated 11.85% — and 2024, when it fell 21.1%.
- Delta Air Lines' Debt Ratio stood at 0.32 in 2022, then fell by 14.53% to 0.27 in 2023, then slipped by 21.1% to 0.21 in 2024, then dropped by 19.23% to 0.17 in 2025, then slipped by 3.33% to 0.17 in 2026.
- The last three Debt Ratio figures came in at 0.17 (Q1 2026), 0.17 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 0.07 |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 0.17 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 0.49 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 0.18 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 0.30 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 0.26 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 0.33 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 0.07 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 0.51 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.32 |
| 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 |
| Jun 30, 2021 | 0.38 |