Delta Air Lines (DAL) Enterprise Value (2009 - 2026)
Delta Air Lines' Enterprise Value was $51.12 billion in Q3 2026, up 53.7% from $33.26 billion a year earlier but down 10.2% from the prior quarter.
Delta Air Lines (DAL) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Delta Air Lines' Enterprise Value was $37.09 billion through Sep 30, 2026, up 60.2% year-over-year; for FY2025, it was $41.02 billion, up 13.9% from FY2024.
- Enterprise Value has now increased for five consecutive years, with a five-year compound annual growth rate of 28.8% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $36.01 billion in FY2024 (+63.6%), $22.01 billion in FY2023 (+51.4%), $14.54 billion in FY2022 (+6.2%) and $13.69 billion in FY2021 (+18.4%).
- Quarterly Enterprise Value has moved between $7.81 billion (Q2 2022) and $56.93 billion (Q2 2026) over five years.
- Compared with a year earlier, Enterprise Value has increased for six straight quarters, with growth averaging 37.9% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q2 2023 (growth of 214.1%); the worst was Q2 2022 (a decline of 37.2%).
- Per Business Quant data, DAL's Enterprise Value in the three quarters before Q3 2026 was $56.93 billion (Q2 2026), $38.62 billion (Q1 2026) and $41.02 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - |
| 10 | Ryanair Holdings | 28.53 Bn | 12.18 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.12 Bn |
| Jun 30, 2026 | 56.93 Bn |
| Mar 31, 2026 | 38.62 Bn |
| Dec 31, 2025 | 41.02 Bn |
| Sep 30, 2025 | 33.26 Bn |
| Jun 30, 2025 | 28.78 Bn |
| Mar 31, 2025 | 24.76 Bn |
| Dec 31, 2024 | 36.01 Bn |
| Sep 30, 2024 | 28.80 Bn |
| Jun 30, 2024 | 26.38 Bn |
| Mar 31, 2024 | 26.43 Bn |
| Dec 31, 2023 | 22.01 Bn |
| Sep 30, 2023 | 18.77 Bn |
| Jun 30, 2023 | 24.52 Bn |
| Mar 31, 2023 | 15.83 Bn |
| Dec 31, 2022 | 14.54 Bn |
| Sep 30, 2022 | 9.62 Bn |
| Jun 30, 2022 | 7.81 Bn |
| Mar 31, 2022 | 15.41 Bn |
| Dec 31, 2021 | 13.69 Bn |
Delta Air Lines Enterprise Value 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=enterprise-value&ticker=DAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();