Delta Air Lines (DAL) EBT Margin (2009 - 2026)
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.
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 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
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();