Delta Air Lines (DAL) EBITDA (2009 - 2026)

Delta Air Lines (DAL) reported EBITDA of -$260.0 million for Q1 2026, down 192.53% on a YoY basis from $281.0 million in Q1 2025, and down 117.72% quarter-over-quarter from $1.5 billion in Q4 2025.

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

Delta Air Lines has reported EBITDA for 18 years, with the latest figure at -$260.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 192.53% year-over-year to -$260.0 million; the trailing twelve-month figure through Mar 2026 stood at $4.8 billion (up 3.36% YoY), and the FY2025 full-year result was $5.8 billion, down 2.89% from the prior year.
  • EBITDA for Q1 2026 stood at -$260.0 million, down from $1.5 billion in the prior quarter.
  • The five-year high for EBITDA was $2.2 billion in Q2 2025, with the low at -$881.0 million in Q1 2022.
  • Historically, EBITDA has averaged $928.2 million across 5 years, with a median of $1.3 billion in 2024.
  • Annual changes were most pronounced in 2022 — EBITDA surged 458.94% — and 2026, when it plunged 192.53%.
  • Delta Air Lines' EBITDA stood at $1.5 billion in 2022, then declined by 10.07% to $1.3 billion in 2023, then gained by 29.88% to $1.7 billion in 2024, then slipped by 14.56% to $1.5 billion in 2025, then sank by 117.72% to -$260.0 million in 2026.
  • The last three EBITDA figures came in at -$260.0 million (Q1 2026), $1.5 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -590.64 Mn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -260.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 142.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 250.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 209.59 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -279.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 101.05 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -21.00 Mn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -224.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 81.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -260.00 Mn
Dec 31, 2025 1.47 Bn
Sep 30, 2025 1.46 Bn
Jun 30, 2025 2.17 Bn
Mar 31, 2025 281.00 Mn
Dec 31, 2024 1.72 Bn
Sep 30, 2024 1.32 Bn
Jun 30, 2024 1.36 Bn
Mar 31, 2024 89.00 Mn
Dec 31, 2023 1.32 Bn
Sep 30, 2023 1.16 Bn
Jun 30, 2023 1.87 Bn
Mar 31, 2023 -316.00 Mn
Dec 31, 2022 1.47 Bn
Sep 30, 2022 757.00 Mn
Jun 30, 2022 798.00 Mn
Mar 31, 2022 -881.00 Mn
Dec 31, 2021 263.00 Mn
Sep 30, 2021 1.29 Bn
Jun 30, 2021 730.00 Mn