Delta Air Lines (DAL) EBITDA Margin (2009 - 2026)
Delta Air Lines posted quarterly EBITDA Margin of 1.64% for Q1 2026, down 364.0% year-on-year from 0.62% in Q1 2025, and down 117.89% on a QoQ basis from 9.17% in Q4 2025.
Delta Air Lines (DAL) has 18 years of EBITDA Margin data on file, last reported at 1.64% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 364.0% year-over-year to 1.64%; the trailing twelve-month figure through Mar 2026 stood at 7.42% (down 13.0% YoY), and the FY2025 full-year result was 9.19%, down 54.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 1.64%, down from 9.17% in the prior quarter.
- Across five years, EBITDA Margin topped out at 13.03% in Q2 2025 and bottomed at 9.42% in Q1 2022.
- The 5-year median for EBITDA Margin is 8.15% (2024), against an average of 5.8%.
- Peak annual rise in EBITDA Margin reached 1706 bps in 2022, while the deepest fall reached 872 bps in 2022.
- A 5-year view of EBITDA Margin shows it stood at 10.94% in 2022, then dropped by 15 bps to 9.29% in 2023, then advanced by 19 bps to 11.04% in 2024, then declined by 17 bps to 9.17% in 2025, then tumbled by 118 bps to 1.64% in 2026.
- The last three EBITDA Margin figures came in at 1.64% (Q1 2026), 9.17% (Q4 2025), and 8.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | -1.64% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 3.45% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 186.84% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 13.25% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -8.45% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 9.97% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 21.77% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -10.00% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 12.07% |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -28.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.64% |
| Dec 31, 2025 | 9.17% |
| Sep 30, 2025 | 8.74% |
| Jun 30, 2025 | 13.03% |
| Mar 31, 2025 | 2.00% |
| Dec 31, 2024 | 11.04% |
| Sep 30, 2024 | 8.43% |
| Jun 30, 2024 | 8.15% |
| Mar 31, 2024 | 0.65% |
| Dec 31, 2023 | 9.29% |
| Sep 30, 2023 | 7.47% |
| Jun 30, 2023 | 12.02% |
| Mar 31, 2023 | -2.48% |
| Dec 31, 2022 | 10.94% |
| Sep 30, 2022 | 5.42% |
| Jun 30, 2022 | 5.77% |
| Mar 31, 2022 | -9.42% |
| Dec 31, 2021 | 2.78% |
| Sep 30, 2021 | 14.14% |
| Jun 30, 2021 | 10.24% |
| Mar 31, 2021 | -26.48% |
| Dec 31, 2020 | -21.60% |
| Sep 30, 2020 | -175.73% |
| Jun 30, 2020 | -392.10% |
| Mar 31, 2020 | -5.16% |
| Dec 31, 2019 | 12.23% |
| Sep 30, 2019 | 12.30% |
| Jun 30, 2019 | 12.09% |
| Mar 31, 2019 | 7.53% |
| Dec 31, 2018 | 10.15% |
| Sep 30, 2018 | 11.65% |
| Jun 30, 2018 | 9.44% |
| Mar 31, 2018 | 6.05% |
| Dec 31, 2017 | 11.36% |
| Sep 30, 2017 | 11.15% |
| Jun 30, 2017 | 11.24% |
| Mar 31, 2017 | 6.88% |
| Dec 31, 2016 | 10.78% |
| Sep 30, 2016 | 12.65% |
| Jun 30, 2016 | 14.80% |
| Mar 31, 2016 | 10.18% |
| Dec 31, 2015 | 18.07% |
| Sep 30, 2015 | 11.59% |
| Jun 30, 2015 | 13.93% |
| Mar 31, 2015 | 8.13% |
| Dec 31, 2014 | -8.58% |
| Sep 30, 2014 | 3.52% |
| Jun 30, 2014 | 7.56% |
| Mar 31, 2014 | 2.29% |
| Dec 31, 2013 | 7.72% |
| Sep 30, 2013 | 13.12% |
| Jun 30, 2013 | 8.04% |
| Mar 31, 2013 | 1.86% |
| Dec 31, 2012 | 4.09% |
| Sep 30, 2012 | 10.81% |
| Jun 30, 2012 | -1.44% |
| Mar 31, 2012 | 4.42% |
| Dec 31, 2011 | 8.64% |
| Sep 30, 2011 | 4.26% |
| Jun 30, 2011 | 0.09% |
| Mar 31, 2011 | -1.85% |
| Dec 31, 2010 | 3.77% |
| Sep 30, 2010 | 11.21% |
| Jun 30, 2010 | 10.43% |
| Mar 31, 2010 | 0.99% |
| Dec 31, 2009 | -0.68% |
| Sep 30, 2009 | 2.69% |
| Jun 30, 2009 | 0.01% |