Delta Air Lines (DAL) EBT Margin (2009 - 2026)
Delta Air Lines (DAL) reported EBT Margin of 1.35% for Q1 2026, down 363.0% on a YoY basis from 0.51% in Q1 2025, and down 114.28% quarter-over-quarter from 9.45% in Q4 2025.
Delta Air Lines (DAL) EBT Margin (2009 - 2026) Analysis & Trends
Delta Air Lines has reported EBT Margin for 18 years, with the latest figure at 1.35% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 363.0% year-over-year to 1.35%; the trailing twelve-month figure through Mar 2026 stood at 8.67% (up 83.0% YoY), and the FY2025 full-year result was 9.76%, up 220.0% from the prior year.
- EBT Margin for Q1 2026 stood at 1.35%, down from 9.45% in the prior quarter.
- The five-year high for EBT Margin was 16.0% in Q4 2023, with the low at 12.84% in Q1 2022.
- Historically, EBT Margin has averaged 6.61% across 5 years, with a median of 8.34% in 2022.
- The largest YoY upside for EBT Margin was 2367 bps in 2022 against a maximum downside of 985 bps in 2022.
- Delta Air Lines' EBT Margin 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 sank by 114 bps to 1.35% in 2026.
- The last three EBT Margin figures came in at 1.35% (Q1 2026), 9.45% (Q4 2025), and 10.66% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.35% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.93% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -9.61% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.64% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -11.56% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -15.00% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 9.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 10.89% |