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% YoY from 2.37% in Q2 2025, and up 853.33% on a QoQ basis from 1.35% in Q1 2026.
Delta Air Lines (DAL) EBT Margin (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has 18 years of EBT Margin data on file, last reported at 10.17% in 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 advanced to 10.17% in Q2 2026, from 1.35% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 16.0% in Q4 2023 to a low of 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.
- The widest YoY moves for EBT Margin: up 2367 bps in 2022, down 985 bps in 2022.
- Tracing DAL's EBT Margin over 5 years: stood at 8.34% in 2022, then soared by 92 bps to 16.0% in 2023, then slumped by 52 bps to 7.73% in 2024, then advanced by 22 bps to 9.45% in 2025, then climbed by 8 bps to 10.17% in 2026.
- The last three EBT Margin figures came in at 10.17% (Q2 2026), 1.35% (Q1 2026), and 9.45% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 10.17% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 13.02% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 3.63% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 7.30% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -5.26% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 12.59% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -10.05% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | -0.55% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.35% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 7.60% |
Historic Data
Download 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% |