Delta Air Lines (DAL) EBT Margin (2009 - 2026)

Delta Air Lines (DAL) posted EBT Margin of 10.17% for Q2 2026, up 853.33% on a QoQ basis from 1.35% in Q1 2026, and down 529.0% year-over-year from 2.37% in Q2 2025.

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

Delta Air Lines' EBT Margin history runs 18 years deep, the most recent figure standing at 10.17% for Q2 2026.

  • Quarterly EBT Margin fell 529.0% year-over-year to 10.17% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.45% (down 169.0% YoY) and the FY2025 annual result came in at 9.76%, up 220.0% from the prior year.
  • EBT Margin was 10.17% for Q2 2026 at Delta Air Lines, up from 1.35% in the prior quarter.
  • Across five years, EBT Margin topped out at 16.0% in Q4 2023 and bottomed at 12.84% in Q1 2022.
  • A 5-year average of 6.8% and a median of 8.9% in 2022 frame the typical range for EBT Margin.
  • Peak annual rise in EBT Margin reached 2367 bps in 2022, while the deepest fall reached 985 bps in 2022.
  • Delta Air Lines' EBT Margin stood at 8.34% in 2022, then surged by 92 bps to 16.0% in 2023, then plunged by 52 bps to 7.73% in 2024, then grew by 22 bps to 9.45% in 2025, then increased by 8 bps to 10.17% in 2026.
  • Business Quant data shows DAL's EBT Margin at 10.17% in Q2 2026, 1.35% in Q1 2026, and 9.45% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn 0.02%
2 Ryanair Holdings 183.33 Bn 180.79 Bn - -
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn 10.17%
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn 3.63%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn - -21.54%
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn 19.94%
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn -9.61%
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn 12.59%
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn -15.00%
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn 9.83%

Historic Data

Download Data
DateValue
Jun 30, 2026 10.17%
Mar 31, 2026 -1.35%
Dec 31, 2025 9.45%
Sep 30, 2025 10.66%
Jun 30, 2025 15.46%
Mar 31, 2025 2.28%
Dec 31, 2024 7.73%
Sep 30, 2024 9.96%
Jun 30, 2024 10.64%
Mar 31, 2024 0.89%
Dec 31, 2023 16.00%
Sep 30, 2023 9.82%
Jun 30, 2023 14.87%
Mar 31, 2023 -3.97%
Dec 31, 2022 8.34%
Sep 30, 2022 6.88%
Jun 30, 2022 7.47%
Mar 31, 2022 -12.84%
Dec 31, 2021 -4.17%
Sep 30, 2021 16.74%