Delta Air Lines (DAL) EBITDA (2009 - 2026)
Delta Air Lines' EBITDA came in at $2.13 billion for Q3 2026, down 7.4% from $2.3 billion a year earlier and down 15.6% from the prior quarter.
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Analysis
Delta Air Lines (DAL) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Delta Air Lines reported EBITDA of $7.87 billion, down 7.7% year-over-year; for FY2025, it came in at $8.27 billion, down 2.9% from FY2024.
- Going back by year, EBITDA was $8.51 billion in FY2024 (+8.2%), $7.86 billion in FY2023 (+36.3%), $5.77 billion in FY2022 (+48.4%) and $3.89 billion in FY2021.
- The five-year range for quarterly EBITDA is -$277 million (Q1 2022) to $3.06 billion (Q2 2023).
- Year-over-year, EBITDA has declined for four consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q1 2024 (growth of 328.2%), and the weakest in Q3 2022 (a decline of 26.3%).
- Business Quant data shows DAL's EBITDA at $2.52 billion (Q2 2026), $1.14 billion (Q1 2026) and $2.09 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.65 Bn | 165.18 Bn | - | 3.40 Bn |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | 1.92 Bn |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | 1.91 Bn |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | 1.44 Bn |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | 1.48 Bn |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | 2.68 Bn |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | 2.13 Bn |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | 557.01 Mn |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | 1.86 Bn |
| 10 | Ryanair Holdings | 28.60 Bn | 12.25 Bn | - | 1.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.13 Bn |
| Jun 30, 2026 | 2.52 Bn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 2.30 Bn |
| Jun 30, 2025 | 2.70 Bn |
| Mar 31, 2025 | 1.18 Bn |
| Dec 31, 2024 | 2.35 Bn |
| Sep 30, 2024 | 2.04 Bn |
| Jun 30, 2024 | 2.89 Bn |
| Mar 31, 2024 | 1.23 Bn |
| Dec 31, 2023 | 1.93 Bn |
| Sep 30, 2023 | 2.58 Bn |
| Jun 30, 2023 | 3.06 Bn |
| Mar 31, 2023 | 287.00 Mn |
| Dec 31, 2022 | 2.02 Bn |
| Sep 30, 2022 | 1.99 Bn |
| Jun 30, 2022 | 2.03 Bn |
| Mar 31, 2022 | -277.00 Mn |
| Dec 31, 2021 | 769.00 Mn |
API Access
Delta Air Lines EBITDA 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=ebitda&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();