Delta Air Lines (DAL) EBT Margin (2009 - 2026)
Delta Air Lines' (DAL) quarterly EBT Margin came in at 10.17% in Q2 2026, down 529.0% on a YoY basis from 2.37% in Q2 2025, and up 853.33% quarter-over-quarter from 1.35% in Q1 2026.
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Delta Air Lines (DAL) EBT Margin (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has reported EBT Margin for 18 consecutive years, with 10.17% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 529.0% year-over-year to 10.17%; the trailing twelve-month figure through Jun 2026 stood at 7.45% (down 169.0% YoY), and the FY2025 full-year result was 9.76%, up 220.0% from the prior year.
- EBT Margin rose to 10.17% in Q2 2026 per DAL's latest filing, 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.
- Historically, EBT Margin has averaged 6.8% across 5 years, with a median of 8.9% in 2022.
- The widest YoY moves for EBT Margin: up 2367 bps in 2022, down 985 bps in 2022.
- Over 5 years, 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.
- According to Business Quant data, EBT Margin over the past three periods registered 10.17%, 1.35%, and 9.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 50.99 Bn | 46.32 Bn | 19.07 Bn | 10.17% |
| 2 | Ryanair Holdings | 28.17 Bn | 24.23 Bn | - | 13.52% |
| 3 | Southwest Airlines | 18.72 Bn | 14.93 Bn | 7.33 Bn | 3.63% |
| 4 | Copa Holdings | 5.32 Bn | 4.05 Bn | 1.03 Bn | 7.30% |
| 5 | Alaska Air | 4.44 Bn | 1.78 Bn | 3.76 Bn | -5.26% |
| 6 | Skywest | 3.75 Bn | 3.15 Bn | 1.01 Bn | 12.59% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.23 Bn | 1.19 Bn | - | -4.60% |
| 8 | Allegiant Travel | 1.73 Bn | 672.99 Mn | 902.77 Mn | -0.55% |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | -10.05% |
| 10 | Bristow | 1.29 Bn | 975.91 Mn | 108.83 Mn | 5.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |