KPIs & Operating Metrics(New)
Growth Metrics

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

Delta Air Lines posted quarterly EBITDA of -$260.0 million for Q1 2026, down 192.53% year-on-year from $281.0 million in Q1 2025, and down 117.72% on a QoQ basis from $1.5 billion in Q4 2025.

Delta Air Lines (DAL) has 18 years of EBITDA data on file, last reported 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.
  • Across five years, EBITDA topped out at $2.2 billion in Q2 2025 and bottomed at -$881.0 million in Q1 2022.
  • The 5-year median for EBITDA is $1.3 billion (2024), against an average of $928.2 million.
  • The widest annual swing landed in 2022, when EBITDA surged 458.94%; it then slumped 192.53% in 2026.
  • A 5-year view of EBITDA shows it stood at $1.5 billion in 2022, then fell by 10.07% to $1.3 billion in 2023, then advanced by 29.88% to $1.7 billion in 2024, then dropped by 14.56% to $1.5 billion in 2025, then plunged 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 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn -260.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 250.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 142.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 102.00 Mn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -279.00 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 101.05 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 209.59 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -224.00 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 81.10 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn -283.00 Mn

Historic Data

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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
Mar 31, 2021 -1.10 Bn
Dec 31, 2020 -858.00 Mn
Sep 30, 2020 -5.38 Bn
Jun 30, 2020 -5.76 Bn
Mar 31, 2020 -443.00 Mn
Dec 31, 2019 1.40 Bn
Sep 30, 2019 1.55 Bn
Jun 30, 2019 1.52 Bn
Mar 31, 2019 789.00 Mn
Dec 31, 2018 1.09 Bn
Sep 30, 2018 1.39 Bn
Jun 30, 2018 1.11 Bn
Mar 31, 2018 603.00 Mn
Dec 31, 2017 1.16 Bn
Sep 30, 2017 1.23 Bn
Jun 30, 2017 1.21 Bn
Mar 31, 2017 626.00 Mn
Dec 31, 2016 1.02 Bn
Sep 30, 2016 1.33 Bn
Jun 30, 2016 1.55 Bn
Mar 31, 2016 942.00 Mn
Dec 31, 2015 1.72 Bn
Sep 30, 2015 1.29 Bn
Jun 30, 2015 1.49 Bn
Mar 31, 2015 763.00 Mn
Dec 31, 2014 -828.00 Mn
Sep 30, 2014 394.00 Mn
Jun 30, 2014 803.00 Mn
Mar 31, 2014 204.00 Mn
Dec 31, 2013 701.00 Mn
Sep 30, 2013 1.38 Bn
Jun 30, 2013 780.00 Mn
Mar 31, 2013 158.00 Mn
Dec 31, 2012 352.00 Mn
Sep 30, 2012 1.07 Bn
Jun 30, 2012 -140.00 Mn
Mar 31, 2012 372.00 Mn
Dec 31, 2011 726.00 Mn
Sep 30, 2011 418.00 Mn
Jun 30, 2011 8.00 Mn
Mar 31, 2011 -143.00 Mn
Dec 31, 2010 294.00 Mn
Sep 30, 2010 1.00 Bn
Jun 30, 2010 852.00 Mn
Mar 31, 2010 68.00 Mn
Dec 31, 2009 -46.00 Mn
Sep 30, 2009 204.00 Mn
Jun 30, 2009 1.00 Mn