Delta Air Lines DAL
NYSE DAL
$83.63 -1.24 (-1.46%)
As of: Sep 30, 2026 · 2:28 PM EDT

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

Updated

Delta Air Lines (DAL) reported EBT Margin of 10.17% for Q2 2026, down 5.29 percentage points from 15.46% a year earlier but up 11.52 percentage points from the prior quarter.

Analysis

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

Over the twelve months ended Jun 30, 2026, Delta Air Lines' EBT Margin came in at 7.45%, down 1.69 percentage points year-over-year; for FY2025, it came in at 9.76%, up 2.20 percentage points from FY2024.

  • EBT Margin has a five-year change of +100.94 percentage points (FY2020 to FY2025).
  • By year, EBT Margin came in at 7.56% in FY2024 (-2.10 pp), 9.66% in FY2023 (+5.88 pp), 3.78% in FY2022 (+2.45 pp) and 1.33% in FY2021 (+92.51 pp).
  • Five-year quarterly EBT Margin spans a low of -12.84% in Q1 2022 and a high of 16.74% in Q3 2021.
  • Year over year, EBT Margin gained in five of the last eight quarters, with an average year-over-year change of -1.05 percentage points.
  • The high point for year-over-year EBT Margin in five years was Q3 2021 (a gain of 240.74 percentage points); the low point was Q3 2022 (a drop of 9.85 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at -1.35% (Q1 2026), 9.45% (Q4 2025) and 10.66% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Union Pacific 162.83 Bn 157.35 Bn - 37.22%
2 Csx 86.94 Bn 83.15 Bn - 33.55%
3 Canadian Pacific Kansas City 76.07 Bn 75.78 Bn - 32.64%
4 United Parcel Service 70.39 Bn 47.31 Bn - 3.33%
5 Norfolk Southern 70.35 Bn 64.99 Bn - 27.68%
6 Fedex 68.01 Bn 33.95 Bn - 8.43%
7 Delta Air Lines 55.83 Bn 38.01 Bn - 10.17%
8 Old Dominion Freight Line 36.82 Bn 36.08 Bn - 30.08%
9 Ryanair Holdings 28.96 Bn 12.97 Bn 3.13 Bn 13.52%
10 Copart 25.14 Bn 9.56 Bn 645.66 Mn 35.12%
Historic Data

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%
API Access

Delta Air Lines EBT Margin 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=ebt-margin&ticker=DAL&period=max&api_key=YOUR_API_KEY